Green Resources (Thailand) Market Value
| GREEN Stock | THB 1.07 0.04 3.60% |
| Symbol | Green |
Green Resources '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 Green Resources' 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 Green Resources.
| 12/25/2022 |
| 12/14/2024 |
If you would invest 0.00 in Green Resources on December 25, 2022 and sell it all today you would earn a total of 0.00 from holding Green Resources Public or generate 0.0% return on investment in Green Resources over 720 days. Green Resources is related to or competes with Vibhavadi Medical, VGI Public, and WHA Public. Green Resources Public Company Limited, together with its subsidiaries, engages in real estate development business in T... More
Green Resources 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 Green Resources' 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 Green Resources Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.4 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 13.32 | |||
| Value At Risk | (3.60) | |||
| Potential Upside | 2.83 |
Green Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Green Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Green Resources' standard deviation. In reality, there are many statistical measures that can use Green Resources historical prices to predict the future Green Resources' volatility.| Risk Adjusted Performance | 0.0286 | |||
| Jensen Alpha | 0.0886 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.17) |
Green Resources Public Backtested Returns
At this point, Green Resources is dangerous. Green Resources Public holds Efficiency (Sharpe) Ratio of 0.038, which attests that the entity had a 0.038% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Green Resources Public, which you can use to evaluate the volatility of the firm. Please check out Green Resources' Downside Deviation of 2.4, risk adjusted performance of 0.0286, and Market Risk Adjusted Performance of (0.16) to validate if the risk estimate we provide is consistent with the expected return of 0.0893%. Green Resources has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.34, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Green Resources are expected to decrease at a much lower rate. During the bear market, Green Resources is likely to outperform the market. Green Resources Public right now retains a risk of 2.35%. Please check out Green Resources downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if Green Resources will be following its current trending patterns.
Auto-correlation | -0.09 |
Very weak reverse predictability
Green Resources Public has very weak reverse predictability. Overlapping area represents the amount of predictability between Green Resources time series from 25th of December 2022 to 20th of December 2023 and 20th of December 2023 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 Green Resources Public price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Green Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Green Resources Public lagged returns against current returns
Autocorrelation, which is Green Resources 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 Green Resources' stock expected returns. We can calculate the autocorrelation of Green Resources returns to help us make a trade decision. For example, suppose you find that Green Resources 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 |
Green Resources 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 Green Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Green Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Green Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Green Resources Lagged Returns
When evaluating Green Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Green Resources stock have on its future price. Green Resources 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, Green Resources autocorrelation shows the relationship between Green Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Green Resources Public.
Regressed Prices |
| Timeline |
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Green Resources financial ratios help investors to determine whether Green 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 Green with respect to the benefits of owning Green Resources security.