Karmarts Public (Thailand) Market Value
| KAMART Stock | THB 11.40 0.10 0.88% |
| Symbol | Karmarts |
Karmarts Public '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 Karmarts Public'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 Karmarts Public.
| 08/06/2024 |
| 12/04/2024 |
If you would invest 0.00 in Karmarts Public on August 6, 2024 and sell it all today you would earn a total of 0.00 from holding Karmarts Public or generate 0.0% return on investment in Karmarts Public over 120 days. Karmarts Public is related to or competes with Beauty Community, Jay Mart, MC Group, Mega Lifesciences, and Ichitan Group. Karmarts Public Company Limited, together with its subsidiary, manufactures and distributes consumer products in Thailan... More
Karmarts Public 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 Karmarts Public'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 Karmarts Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 14.95 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 4.21 |
Karmarts Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Karmarts Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Karmarts Public's standard deviation. In reality, there are many statistical measures that can use Karmarts Public historical prices to predict the future Karmarts Public's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | 0.3861 |
Karmarts Public Backtested Returns
Karmarts Public has Sharpe Ratio of -0.038, which conveys that the firm had a -0.038% return per unit of risk over the last 3 months. Karmarts Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Karmarts Public's Mean Deviation of 2.04, risk adjusted performance of (0.04), and Standard Deviation of 2.78 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.47, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Karmarts Public are expected to decrease at a much lower rate. During the bear market, Karmarts Public is likely to outperform the market. At this point, Karmarts Public has a negative expected return of -0.11%. Please make sure to verify Karmarts Public's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Karmarts Public performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.36 |
Below average predictability
Karmarts Public has below average predictability. Overlapping area represents the amount of predictability between Karmarts Public time series from 6th of August 2024 to 5th of October 2024 and 5th of October 2024 to 4th 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 Karmarts Public price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Karmarts Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.5 |
Karmarts Public lagged returns against current returns
Autocorrelation, which is Karmarts Public 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 Karmarts Public's stock expected returns. We can calculate the autocorrelation of Karmarts Public returns to help us make a trade decision. For example, suppose you find that Karmarts Public 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 |
Karmarts Public 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 Karmarts Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Karmarts Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Karmarts Public stock over time.
Current vs Lagged Prices |
| Timeline |
Karmarts Public Lagged Returns
When evaluating Karmarts Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Karmarts Public stock have on its future price. Karmarts Public 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, Karmarts Public autocorrelation shows the relationship between Karmarts Public stock current value and its past values and can show if there is a momentum factor associated with investing in Karmarts Public.
Regressed Prices |
| Timeline |
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Karmarts Public financial ratios help investors to determine whether Karmarts 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 Karmarts with respect to the benefits of owning Karmarts Public security.