Jakpaisan Estate (Thailand) Market Value

JAK Stock  THB 1.20  0.07  5.51%   
Jakpaisan Estate's market value is the price at which a share of Jakpaisan Estate trades on a public exchange. It measures the collective expectations of Jakpaisan Estate Public investors about its performance. Jakpaisan Estate is selling for 1.20 as of the 25th of December 2024. This is a 5.51 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 1.18.
With this module, you can estimate the performance of a buy and hold strategy of Jakpaisan Estate Public and determine expected loss or profit from investing in Jakpaisan Estate over a given investment horizon. Check out Jakpaisan Estate Correlation, Jakpaisan Estate Volatility and Jakpaisan Estate Alpha and Beta module to complement your research on Jakpaisan Estate.
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Please note, there is a significant difference between Jakpaisan Estate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jakpaisan Estate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jakpaisan Estate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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.
0.00
10/02/2023
No Change 0.00  0.0 
In 1 year 2 months and 27 days
12/25/2024
0.00
If you would invest  0.00  in Jakpaisan Estate on October 2, 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 450 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.

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.
Hype
Prediction
LowEstimatedHigh
0.061.208.14
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Intrinsic
Valuation
LowRealHigh
0.051.027.96
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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-nine technical indicators for Jakpaisan Estate Public, which you can use to evaluate the volatility of the firm. Please utilize Jakpaisan Estate's Risk Adjusted Performance of 0.0386, market risk adjusted performance of 0.9288, and Downside Deviation of 7.11 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 jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Jakpaisan Estate's current trending patterns will revert.

Auto-correlation

    
  -0.12  

Insignificant reverse predictability

Jakpaisan Estate Public has insignificant reverse predictability. Overlapping area represents the amount of predictability between Jakpaisan Estate time series from 2nd of October 2023 to 14th of May 2024 and 14th of May 2024 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 -0.12 indicates that less than 12.0% of current Jakpaisan Estate price fluctuation can be explain by its past prices.
Correlation Coefficient-0.12
Spearman Rank Test0.11
Residual Average0.0
Price Variance0.01

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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Other Information on Investing in Jakpaisan Stock

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.