Make To (Thailand) Market Value
| MTW Stock | 1.22 0.01 0.83% |
| Symbol | Make |
Make To '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 Make To'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 Make To.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Make To on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Make To Win or generate 0.0% return on investment in Make To over 390 days.
Make To 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 Make To'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 Make To Win upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 18.69 | |||
| Value At Risk | (4.69) | |||
| Potential Upside | 3.51 |
Make To Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Make To's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Make To's standard deviation. In reality, there are many statistical measures that can use Make To historical prices to predict the future Make To's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | 0.464 |
Make To Win Backtested Returns
Make To Win has Sharpe Ratio of -0.0873, which conveys that the firm had a -0.0873% return per unit of risk over the last 3 months. Make To exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Make To's Risk Adjusted Performance of (0.05), standard deviation of 2.91, and Mean Deviation of 2.17 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.54, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Make To are expected to decrease at a much lower rate. During the bear market, Make To is likely to outperform the market. At this point, Make To Win has a negative expected return of -0.25%. Please make sure to verify Make To's skewness, rate of daily change, and the relationship between the value at risk and accumulation distribution , to decide if Make To Win performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.17 |
Very weak predictability
Make To Win has very weak predictability. Overlapping area represents the amount of predictability between Make To time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 Make To Win price movement. The serial correlation of 0.17 indicates that over 17.0% of current Make To price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Make To Win lagged returns against current returns
Autocorrelation, which is Make To 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 Make To's stock expected returns. We can calculate the autocorrelation of Make To returns to help us make a trade decision. For example, suppose you find that Make To 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 |
Make To 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 Make To stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Make To stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Make To stock over time.
Current vs Lagged Prices |
| Timeline |
Make To Lagged Returns
When evaluating Make To's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Make To stock have on its future price. Make To 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, Make To autocorrelation shows the relationship between Make To stock current value and its past values and can show if there is a momentum factor associated with investing in Make To Win.
Regressed Prices |
| Timeline |
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