Internet Thailand (Germany) Market Value
| IE2A Stock | 0.16 0.01 5.88% |
| Symbol | Internet |
Internet Thailand '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 Internet Thailand'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 Internet Thailand.
| 09/01/2024 |
| 11/30/2024 |
If you would invest 0.00 in Internet Thailand on September 1, 2024 and sell it all today you would earn a total of 0.00 from holding Internet Thailand PCL or generate 0.0% return on investment in Internet Thailand over 90 days. Internet Thailand is related to or competes with CHINA EDUCATION, Fukuyama Transporting, EMBARK EDUCATION, Perdoceo Education, Transport International, Big 5, and SPORT LISBOA. More
Internet Thailand 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 Internet Thailand'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 Internet Thailand PCL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.14 | |||
| Information Ratio | 0.1149 | |||
| Maximum Drawdown | 28.96 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 9.09 |
Internet Thailand Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Internet Thailand's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Internet Thailand's standard deviation. In reality, there are many statistical measures that can use Internet Thailand historical prices to predict the future Internet Thailand's volatility.| Risk Adjusted Performance | 0.1189 | |||
| Jensen Alpha | 0.7197 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0743 | |||
| Treynor Ratio | (1.37) |
Internet Thailand PCL Backtested Returns
Internet Thailand appears to be out of control, given 3 months investment horizon. Internet Thailand PCL holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. By evaluating Internet Thailand's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please utilize Internet Thailand's Risk Adjusted Performance of 0.1189, downside deviation of 7.14, and Market Risk Adjusted Performance of (1.36) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Internet Thailand holds a performance score of 11. The company retains a Market Volatility (i.e., Beta) of -0.48, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Internet Thailand are expected to decrease at a much lower rate. During the bear market, Internet Thailand is likely to outperform the market. Please check Internet Thailand's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether Internet Thailand's current trending patterns will revert.
Auto-correlation | 0.59 |
Modest predictability
Internet Thailand PCL has modest predictability. Overlapping area represents the amount of predictability between Internet Thailand time series from 1st of September 2024 to 16th of October 2024 and 16th of October 2024 to 30th of November 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 Internet Thailand PCL price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Internet Thailand price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Internet Thailand PCL lagged returns against current returns
Autocorrelation, which is Internet Thailand 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 Internet Thailand's stock expected returns. We can calculate the autocorrelation of Internet Thailand returns to help us make a trade decision. For example, suppose you find that Internet Thailand 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 |
Internet Thailand 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 Internet Thailand stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Internet Thailand stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Internet Thailand stock over time.
Current vs Lagged Prices |
| Timeline |
Internet Thailand Lagged Returns
When evaluating Internet Thailand's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Internet Thailand stock have on its future price. Internet Thailand 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, Internet Thailand autocorrelation shows the relationship between Internet Thailand stock current value and its past values and can show if there is a momentum factor associated with investing in Internet Thailand PCL.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Internet Stock Analysis
When running Internet Thailand's price analysis, check to measure Internet Thailand's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Internet Thailand is operating at the current time. Most of Internet Thailand's value examination focuses on studying past and present price action to predict the probability of Internet Thailand's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Internet Thailand's price. Additionally, you may evaluate how the addition of Internet Thailand to your portfolios can decrease your overall portfolio volatility.