CMO Public (Thailand) Market Value
| CMO Stock | THB 0.79 0.01 1.25% |
| Symbol | CMO |
CMO Public 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to CMO Public's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of CMO Public.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in CMO Public on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding CMO Public or generate 0.0% return on investment in CMO Public over 30 days. CMO Public is related to or competes with CPR Gomu, and Communication System. CMO Public Company Limited engages in the business of event management for public events, exhibitions, and entertainment... More
CMO Public Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure CMO Public's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess CMO Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.66 | |||
| Information Ratio | 0.0394 | |||
| Maximum Drawdown | 25.5 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 7.53 |
CMO Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CMO Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CMO Public's standard deviation. In reality, there are many statistical measures that can use CMO Public historical prices to predict the future CMO Public's volatility.| Risk Adjusted Performance | 0.054 | |||
| Jensen Alpha | 0.2681 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0458 | |||
| Treynor Ratio | (2.24) |
CMO Public Backtested Returns
CMO Public appears to be abnormally volatile, given 3 months investment horizon. CMO Public secures Sharpe Ratio (or Efficiency) of 0.0655, which signifies that the company had a 0.0655% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for CMO Public, which you can use to evaluate the volatility of the firm. Please makes use of CMO Public's risk adjusted performance of 0.054, and Mean Deviation of 2.48 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CMO Public holds a performance score of 5. The firm shows a Beta (market volatility) of -0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CMO Public are expected to decrease at a much lower rate. During the bear market, CMO Public is likely to outperform the market. Please check CMO Public's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether CMO Public's price patterns will revert.
Auto-correlation | 0.13 |
Insignificant predictability
CMO Public has insignificant predictability. Overlapping area represents the amount of predictability between CMO Public time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CMO Public price movement. The serial correlation of 0.13 indicates that less than 13.0% of current CMO Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CMO Public lagged returns against current returns
Autocorrelation, which is CMO Public stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting CMO Public's stock expected returns. We can calculate the autocorrelation of CMO Public returns to help us make a trade decision. For example, suppose you find that CMO Public has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
CMO Public regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If CMO Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CMO Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CMO Public stock over time.
Current vs Lagged Prices |
| Timeline |
CMO Public Lagged Returns
When evaluating CMO Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CMO Public stock have on its future price. CMO Public autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, CMO Public autocorrelation shows the relationship between CMO Public stock current value and its past values and can show if there is a momentum factor associated with investing in CMO Public.
Regressed Prices |
| Timeline |
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CMO Public financial ratios help investors to determine whether CMO Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CMO with respect to the benefits of owning CMO Public security.