MCOT Public (Thailand) Market Value
| MCOT Stock | THB 6.45 0.55 7.86% |
| Symbol | MCOT |
MCOT 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 MCOT 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 MCOT Public.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in MCOT Public on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding MCOT Public or generate 0.0% return on investment in MCOT Public over 30 days. MCOT Public is related to or competes with Synnex Public, SVI Public, Interlink Communication, Erawan, Jay Mart, Airports, and Eastern Technical. MCOT Public Company Limited, together with its subsidiaries, engages in the multi-media business in Thailand More
MCOT 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 MCOT 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 MCOT Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.11 | |||
| Information Ratio | 0.1568 | |||
| Maximum Drawdown | 53.96 | |||
| Value At Risk | (11.21) | |||
| Potential Upside | 27.1 |
MCOT Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MCOT Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MCOT Public's standard deviation. In reality, there are many statistical measures that can use MCOT Public historical prices to predict the future MCOT Public's volatility.| Risk Adjusted Performance | 0.1297 | |||
| Jensen Alpha | 1.79 | |||
| Total Risk Alpha | 0.4411 | |||
| Sortino Ratio | 0.2379 | |||
| Treynor Ratio | (43.14) |
MCOT Public Backtested Returns
MCOT Public is very risky given 3 months investment horizon. MCOT Public has Sharpe Ratio of 0.17, which conveys that the company had a 0.17% return per unit of volatility over the last 3 months. We were able to collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.93% are justified by taking the suggested risk. Use MCOT Public Mean Deviation of 7.63, market risk adjusted performance of (43.13), and Downside Deviation of 7.11 to evaluate company specific risk that cannot be diversified away. MCOT Public holds a performance score of 13 on a scale of zero to a hundred. The firm secures a Beta (Market Risk) of -0.0413, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MCOT Public are expected to decrease at a much lower rate. During the bear market, MCOT Public is likely to outperform the market. Use MCOT Public sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to analyze future returns on MCOT Public.
Auto-correlation | -0.52 |
Good reverse predictability
MCOT Public has good reverse predictability. Overlapping area represents the amount of predictability between MCOT Public time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 MCOT Public price movement. The serial correlation of -0.52 indicates that about 52.0% of current MCOT Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
MCOT Public lagged returns against current returns
Autocorrelation, which is MCOT 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 MCOT Public's stock expected returns. We can calculate the autocorrelation of MCOT Public returns to help us make a trade decision. For example, suppose you find that MCOT 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 |
MCOT 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 MCOT Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MCOT Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MCOT Public stock over time.
Current vs Lagged Prices |
| Timeline |
MCOT Public Lagged Returns
When evaluating MCOT Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MCOT Public stock have on its future price. MCOT 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, MCOT Public autocorrelation shows the relationship between MCOT Public stock current value and its past values and can show if there is a momentum factor associated with investing in MCOT Public.
Regressed Prices |
| Timeline |
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MCOT Public financial ratios help investors to determine whether MCOT 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 MCOT with respect to the benefits of owning MCOT Public security.