Ingress Industrial (Thailand) Market Value
| INGRS Stock | THB 0.32 0.01 3.03% |
| Symbol | Ingress |
Ingress Industrial '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 Ingress Industrial'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 Ingress Industrial.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Ingress Industrial on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Ingress Industrial Public or generate 0.0% return on investment in Ingress Industrial over 720 days. Ingress Industrial is related to or competes with Hwa Fong, POSCO Thainox, Ichitan Group, Eternal Energy, and Inoue Rubber. Ingress Industrial Public Company Limited, an investment holding company, engages in the manufacture and distribution of... More
Ingress Industrial 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 Ingress Industrial'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 Ingress Industrial Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 10.82 | |||
| Value At Risk | (3.03) | |||
| Potential Upside | 2.86 |
Ingress Industrial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ingress Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ingress Industrial's standard deviation. In reality, there are many statistical measures that can use Ingress Industrial historical prices to predict the future Ingress Industrial's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | (3.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ingress Industrial'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.
Ingress Industrial Public Backtested Returns
Ingress Industrial is out of control given 3 months investment horizon. Ingress Industrial Public holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have analyzed twenty-three different technical indicators, which can help you to evaluate if expected returns of 15.71% are justified by taking the suggested risk. Use Ingress Industrial Public Market Risk Adjusted Performance of (3.17), risk adjusted performance of (0.08), and Standard Deviation of 2.2 to evaluate company specific risk that cannot be diversified away. Ingress Industrial holds a performance score of 9 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.0782, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Ingress Industrial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ingress Industrial is expected to be smaller as well. Use Ingress Industrial Public coefficient of variation, value at risk, as well as the relationship between the Value At Risk and rate of daily change , to analyze future returns on Ingress Industrial Public.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Ingress Industrial Public has insignificant reverse predictability. Overlapping area represents the amount of predictability between Ingress Industrial time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Ingress Industrial Public price movement. The serial correlation of -0.18 indicates that over 18.0% of current Ingress Industrial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Ingress Industrial Public lagged returns against current returns
Autocorrelation, which is Ingress Industrial 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 Ingress Industrial's stock expected returns. We can calculate the autocorrelation of Ingress Industrial returns to help us make a trade decision. For example, suppose you find that Ingress Industrial 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 |
Ingress Industrial 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 Ingress Industrial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ingress Industrial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ingress Industrial stock over time.
Current vs Lagged Prices |
| Timeline |
Ingress Industrial Lagged Returns
When evaluating Ingress Industrial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ingress Industrial stock have on its future price. Ingress Industrial 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, Ingress Industrial autocorrelation shows the relationship between Ingress Industrial stock current value and its past values and can show if there is a momentum factor associated with investing in Ingress Industrial Public.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Ingress Stock
Ingress Industrial financial ratios help investors to determine whether Ingress 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 Ingress with respect to the benefits of owning Ingress Industrial security.