MC Group (Thailand) Market Value
| MC Stock | THB 10.80 0.10 0.92% |
| Symbol | MC Group |
MC Group '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 MC Group'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 MC Group.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in MC Group on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding MC Group Public or generate 0.0% return on investment in MC Group over 720 days. MC Group is related to or competes with Home Product, LPN Development, Mega Lifesciences, Ichitan Group, and Hana Microelectronics. MC Group Public Company Limited, together with its subsidiaries, manufactures, distributes, and retails apparel, accesso... More
MC Group 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 MC Group'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 MC Group Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 10.59 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 2.5 |
MC Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MC Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MC Group's standard deviation. In reality, there are many statistical measures that can use MC Group historical prices to predict the future MC Group's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (1.13) |
MC Group Public Backtested Returns
MC Group Public retains Efficiency (Sharpe Ratio) of -0.005, which conveys that the company had a -0.005% return per unit of price deviation over the last 3 months. MC Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MC Group's Market Risk Adjusted Performance of (1.12), mean deviation of 1.13, and Information Ratio of (0.10) to check out the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.0255, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MC Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding MC Group is expected to be smaller as well. At this point, MC Group Public has a negative expected return of -0.0076%. Please make sure to verify MC Group's coefficient of variation, treynor ratio, skewness, as well as the relationship between the jensen alpha and value at risk , to decide if MC Group Public performance from the past will be repeated sooner or later.
Auto-correlation | -0.46 |
Modest reverse predictability
MC Group Public has modest reverse predictability. Overlapping area represents the amount of predictability between MC Group 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 MC Group Public price movement. The serial correlation of -0.46 indicates that about 46.0% of current MC Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 1.26 |
MC Group Public lagged returns against current returns
Autocorrelation, which is MC Group 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 MC Group's stock expected returns. We can calculate the autocorrelation of MC Group returns to help us make a trade decision. For example, suppose you find that MC Group 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 |
MC Group 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 MC Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MC Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MC Group stock over time.
Current vs Lagged Prices |
| Timeline |
MC Group Lagged Returns
When evaluating MC Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MC Group stock have on its future price. MC Group 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, MC Group autocorrelation shows the relationship between MC Group stock current value and its past values and can show if there is a momentum factor associated with investing in MC Group Public.
Regressed Prices |
| Timeline |
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MC Group financial ratios help investors to determine whether MC Group 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 MC Group with respect to the benefits of owning MC Group security.