City Sports (Thailand) Market Value
| CSR Stock | THB 86.50 0.25 0.29% |
| Symbol | City |
City Sports '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 City Sports' 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 City Sports.
| 09/15/2024 |
| 12/14/2024 |
If you would invest 0.00 in City Sports on September 15, 2024 and sell it all today you would earn a total of 0.00 from holding City Sports and or generate 0.0% return on investment in City Sports over 90 days. City Sports is related to or competes with Chiangmai Frozen, Dynasty Ceramic, Castle Peak, CPL Group, and Crown Seal. City Sports and Recreation Public Company Limited operates golf courses, restaurants, and sport clubs in Thailand More
City Sports 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 City Sports' 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 City Sports and upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.2066 | |||
| Maximum Drawdown | 3.31 | |||
| Potential Upside | 1.27 |
City Sports Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for City Sports' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as City Sports' standard deviation. In reality, there are many statistical measures that can use City Sports historical prices to predict the future City Sports' volatility.| Risk Adjusted Performance | 0.2743 | |||
| Jensen Alpha | 0.2143 | |||
| Total Risk Alpha | 0.1371 | |||
| Treynor Ratio | (2.98) |
City Sports Backtested Returns
City Sports appears to be very steady, given 3 months investment horizon. City Sports secures Sharpe Ratio (or Efficiency) of 0.41, which signifies that the company had a 0.41% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for City Sports and, which you can use to evaluate the volatility of the firm. Please makes use of City Sports' Standard Deviation of 0.5705, mean deviation of 0.3672, and Risk Adjusted Performance of 0.2743 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, City Sports holds a performance score of 32. The firm shows a Beta (market volatility) of -0.0699, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning City Sports are expected to decrease at a much lower rate. During the bear market, City Sports is likely to outperform the market. Please check City Sports' skewness, accumulation distribution, and the relationship between the maximum drawdown and kurtosis , to make a quick decision on whether City Sports' price patterns will revert.
Auto-correlation | 0.63 |
Good predictability
City Sports and has good predictability. Overlapping area represents the amount of predictability between City Sports time series from 15th of September 2024 to 30th of October 2024 and 30th of October 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 City Sports price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current City Sports price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 3.96 |
City Sports lagged returns against current returns
Autocorrelation, which is City Sports 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 City Sports' stock expected returns. We can calculate the autocorrelation of City Sports returns to help us make a trade decision. For example, suppose you find that City Sports 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 |
City Sports 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 City Sports stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if City Sports stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in City Sports stock over time.
Current vs Lagged Prices |
| Timeline |
City Sports Lagged Returns
When evaluating City Sports' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of City Sports stock have on its future price. City Sports 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, City Sports autocorrelation shows the relationship between City Sports stock current value and its past values and can show if there is a momentum factor associated with investing in City Sports and.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in City Stock
City Sports financial ratios help investors to determine whether City 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 City with respect to the benefits of owning City Sports security.