Siam Global (Thailand) Market Value
| GLOBAL Stock | THB 16.10 0.10 0.63% |
| Symbol | Siam |
Siam Global '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 Siam Global'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 Siam Global.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Siam Global on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Siam Global House or generate 0.0% return on investment in Siam Global over 30 days. Siam Global is related to or competes with Central Pattana, CP ALL, Bangkok Dusit, and Airports. Siam Global House Public Company Limited engages in merchandising construction and decoration materials, and equipment i... More
Siam Global 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 Siam Global'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 Siam Global House upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | 0.0167 | |||
| Maximum Drawdown | 7.42 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 3.23 |
Siam Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Siam Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Siam Global's standard deviation. In reality, there are many statistical measures that can use Siam Global historical prices to predict the future Siam Global's volatility.| Risk Adjusted Performance | 0.0696 | |||
| Jensen Alpha | 0.1584 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0186 | |||
| Treynor Ratio | (0.51) |
Siam Global House Backtested Returns
At this point, Siam Global is not too volatile. Siam Global House owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0707, which indicates the firm had a 0.0707% return per unit of risk over the last 3 months. We have found thirty technical indicators for Siam Global House, which you can use to evaluate the volatility of the company. Please validate Siam Global's Coefficient Of Variation of 1190.76, risk adjusted performance of 0.0696, and Semi Deviation of 1.27 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Siam Global has a performance score of 5 on a scale of 0 to 100. The entity has a beta of -0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Siam Global are expected to decrease at a much lower rate. During the bear market, Siam Global is likely to outperform the market. Siam Global House right now has a risk of 1.65%. Please validate Siam Global mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and total risk alpha , to decide if Siam Global will be following its existing price patterns.
Auto-correlation | -0.45 |
Modest reverse predictability
Siam Global House has modest reverse predictability. Overlapping area represents the amount of predictability between Siam Global time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Siam Global House price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Siam Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Siam Global House lagged returns against current returns
Autocorrelation, which is Siam Global 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 Siam Global's stock expected returns. We can calculate the autocorrelation of Siam Global returns to help us make a trade decision. For example, suppose you find that Siam Global 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 |
Siam Global 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 Siam Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Siam Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Siam Global stock over time.
Current vs Lagged Prices |
| Timeline |
Siam Global Lagged Returns
When evaluating Siam Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Siam Global stock have on its future price. Siam Global 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, Siam Global autocorrelation shows the relationship between Siam Global stock current value and its past values and can show if there is a momentum factor associated with investing in Siam Global House.
Regressed Prices |
| Timeline |
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Siam Global financial ratios help investors to determine whether Siam 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 Siam with respect to the benefits of owning Siam Global security.