JCK International (Thailand) Market Value
| JCK Stock | 0.23 0.01 4.17% |
| Symbol | JCK |
JCK International '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 JCK International'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 JCK International.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in JCK International on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding JCK International Public or generate 0.0% return on investment in JCK International over 30 days. JCK International is related to or competes with Property Perfect, Erawan, Jay Mart, Airports, Eastern Technical, Gunkul Engineering, and Dcon Products. More
JCK International 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 JCK International'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 JCK International Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 18.44 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 3.7 |
JCK International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JCK International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JCK International's standard deviation. In reality, there are many statistical measures that can use JCK International historical prices to predict the future JCK International's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.61) | |||
| Total Risk Alpha | (0.89) | |||
| Treynor Ratio | (0.46) |
JCK International Public Backtested Returns
JCK International Public holds Efficiency (Sharpe) Ratio of -0.17, which attests that the company had a -0.17% return per unit of risk over the last 3 months. JCK International Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JCK International's coefficient of variation of (617.36), and Standard Deviation of 3.08 to validate the risk estimate we provide. The firm retains a Market Volatility (i.e., Beta) of 1.1, which attests to a somewhat significant risk relative to the market. JCK International returns are very sensitive to returns on the market. As the market goes up or down, JCK International is expected to follow. At this point, JCK International Public has a negative expected return of -0.53%. Please make sure to check out JCK International's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if JCK International Public performance from the past will be repeated in the future.
Auto-correlation | 0.75 |
Good predictability
JCK International Public has good predictability. Overlapping area represents the amount of predictability between JCK International time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 JCK International Public price movement. The serial correlation of 0.75 indicates that around 75.0% of current JCK International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
JCK International Public lagged returns against current returns
Autocorrelation, which is JCK International 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 JCK International's stock expected returns. We can calculate the autocorrelation of JCK International returns to help us make a trade decision. For example, suppose you find that JCK International 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 |
JCK International 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 JCK International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JCK International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JCK International stock over time.
Current vs Lagged Prices |
| Timeline |
JCK International Lagged Returns
When evaluating JCK International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JCK International stock have on its future price. JCK International 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, JCK International autocorrelation shows the relationship between JCK International stock current value and its past values and can show if there is a momentum factor associated with investing in JCK International Public.
Regressed Prices |
| Timeline |
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JCK International financial ratios help investors to determine whether JCK 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 JCK with respect to the benefits of owning JCK International security.