Impact Growth (Thailand) Market Value
| IMPACT Stock | THB 11.10 0.10 0.89% |
| Symbol | Impact |
Impact Growth '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 Impact Growth'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 Impact Growth.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Impact Growth on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Impact Growth REIT or generate 0.0% return on investment in Impact Growth over 30 days. Impact Growth is related to or competes with CPN Retail, WHA Premium, Golden Ventures, LH Shopping, and LH Hotel. IMPACT Growth Real Estate Investment Trust is a real estate investment trust externally managed by RMI Company Limited More
Impact Growth 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 Impact Growth'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 Impact Growth REIT upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 5.3 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 1.68 |
Impact Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Impact Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Impact Growth's standard deviation. In reality, there are many statistical measures that can use Impact Growth historical prices to predict the future Impact Growth's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.59) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Impact Growth's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Impact Growth REIT Backtested Returns
Impact Growth REIT holds Efficiency (Sharpe) Ratio of -0.098, which attests that the entity had a -0.098% return per unit of risk over the last 3 months. Impact Growth REIT exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Impact Growth's Market Risk Adjusted Performance of (0.58), risk adjusted performance of (0.05), and Standard Deviation of 1.29 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Impact Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Impact Growth is expected to be smaller as well. At this point, Impact Growth REIT has a negative expected return of -0.13%. Please make sure to check out Impact Growth's kurtosis, and the relationship between the value at risk and rate of daily change , to decide if Impact Growth REIT performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.49 |
Modest reverse predictability
Impact Growth REIT has modest reverse predictability. Overlapping area represents the amount of predictability between Impact Growth time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 Impact Growth REIT price movement. The serial correlation of -0.49 indicates that about 49.0% of current Impact Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Impact Growth REIT lagged returns against current returns
Autocorrelation, which is Impact Growth 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 Impact Growth's stock expected returns. We can calculate the autocorrelation of Impact Growth returns to help us make a trade decision. For example, suppose you find that Impact Growth 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 |
Impact Growth 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 Impact Growth stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Impact Growth stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Impact Growth stock over time.
Current vs Lagged Prices |
| Timeline |
Impact Growth Lagged Returns
When evaluating Impact Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Impact Growth stock have on its future price. Impact Growth 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, Impact Growth autocorrelation shows the relationship between Impact Growth stock current value and its past values and can show if there is a momentum factor associated with investing in Impact Growth REIT.
Regressed Prices |
| Timeline |
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Impact Growth financial ratios help investors to determine whether Impact 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 Impact with respect to the benefits of owning Impact Growth security.