Jakpaisan Estate (Thailand) Market Value
| JAK Stock | THB 1.46 0.26 21.67% |
| Symbol | Jakpaisan |
Jakpaisan Estate '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 Jakpaisan Estate'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 Jakpaisan Estate.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in Jakpaisan Estate on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding Jakpaisan Estate Public or generate 0.0% return on investment in Jakpaisan Estate over 720 days. Jakpaisan Estate is related to or competes with Dhouse Pattana, Index International, Home Pottery, and Villa Kunalai. Jakpaisan Estate Public Company Limited engages in the real estate development business in Thailand More
Jakpaisan Estate 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 Jakpaisan Estate'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 Jakpaisan Estate Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.11 | |||
| Information Ratio | 0.0302 | |||
| Maximum Drawdown | 39.92 | |||
| Value At Risk | (10.16) | |||
| Potential Upside | 12.28 |
Jakpaisan Estate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jakpaisan Estate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jakpaisan Estate's standard deviation. In reality, there are many statistical measures that can use Jakpaisan Estate historical prices to predict the future Jakpaisan Estate's volatility.| Risk Adjusted Performance | 0.0386 | |||
| Jensen Alpha | 0.2145 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0265 | |||
| Treynor Ratio | 0.9188 |
Jakpaisan Estate Public Backtested Returns
Jakpaisan Estate appears to be abnormally volatile, given 3 months investment horizon. Jakpaisan Estate Public holds Efficiency (Sharpe) Ratio of 0.0439, which attests that the entity had a 0.0439% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Jakpaisan Estate Public, which you can use to evaluate the volatility of the firm. Please utilize Jakpaisan Estate's Downside Deviation of 7.11, risk adjusted performance of 0.0386, and Market Risk Adjusted Performance of 0.9288 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Jakpaisan Estate holds a performance score of 3. The company retains a Market Volatility (i.e., Beta) of 0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jakpaisan Estate's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jakpaisan Estate is expected to be smaller as well. Please check Jakpaisan Estate's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to make a quick decision on whether Jakpaisan Estate's current trending patterns will revert.
Auto-correlation | 0.48 |
Average predictability
Jakpaisan Estate Public has average predictability. Overlapping area represents the amount of predictability between Jakpaisan Estate time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Jakpaisan Estate Public price movement. The serial correlation of 0.48 indicates that about 48.0% of current Jakpaisan Estate price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Jakpaisan Estate Public lagged returns against current returns
Autocorrelation, which is Jakpaisan Estate 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 Jakpaisan Estate's stock expected returns. We can calculate the autocorrelation of Jakpaisan Estate returns to help us make a trade decision. For example, suppose you find that Jakpaisan Estate 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 |
Jakpaisan Estate 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 Jakpaisan Estate stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jakpaisan Estate stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jakpaisan Estate stock over time.
Current vs Lagged Prices |
| Timeline |
Jakpaisan Estate Lagged Returns
When evaluating Jakpaisan Estate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jakpaisan Estate stock have on its future price. Jakpaisan Estate 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, Jakpaisan Estate autocorrelation shows the relationship between Jakpaisan Estate stock current value and its past values and can show if there is a momentum factor associated with investing in Jakpaisan Estate Public.
Regressed Prices |
| Timeline |
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Jakpaisan Estate financial ratios help investors to determine whether Jakpaisan 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 Jakpaisan with respect to the benefits of owning Jakpaisan Estate security.