Nusasiri Public (Thailand) Market Value
| NUSA Stock | THB 0.19 0.02 9.52% |
| Symbol | Nusasiri |
Nusasiri 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 Nusasiri 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 Nusasiri Public.
| 11/23/2024 |
| 12/23/2024 |
If you would invest 0.00 in Nusasiri Public on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding Nusasiri Public or generate 0.0% return on investment in Nusasiri Public over 30 days. Nusasiri Public is related to or competes with Bangkok Bank, Siam Cement, PTT Public, SCB X, and Krung Thai. Nusasiri Public Company Limited develops properties in Thailand More
Nusasiri 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 Nusasiri 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 Nusasiri Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 22.34 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 5.0 |
Nusasiri Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nusasiri Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nusasiri Public's standard deviation. In reality, there are many statistical measures that can use Nusasiri Public historical prices to predict the future Nusasiri Public's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.59) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (0.78) |
Nusasiri Public Backtested Returns
Nusasiri Public has Sharpe Ratio of -0.2, which conveys that the firm had a -0.2% return per unit of risk over the last 3 months. Nusasiri Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nusasiri Public's Standard Deviation of 4.0, mean deviation of 2.74, and Risk Adjusted Performance of (0.10) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.73, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nusasiri Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nusasiri Public is expected to be smaller as well. At this point, Nusasiri Public has a negative expected return of -0.77%. Please make sure to verify Nusasiri Public's skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Nusasiri Public performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Nusasiri Public has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Nusasiri Public time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd 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 Nusasiri Public price movement. The serial correlation of -0.78 indicates that around 78.0% of current Nusasiri Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nusasiri Public lagged returns against current returns
Autocorrelation, which is Nusasiri 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 Nusasiri Public's stock expected returns. We can calculate the autocorrelation of Nusasiri Public returns to help us make a trade decision. For example, suppose you find that Nusasiri 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 |
Nusasiri 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 Nusasiri Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nusasiri Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nusasiri Public stock over time.
Current vs Lagged Prices |
| Timeline |
Nusasiri Public Lagged Returns
When evaluating Nusasiri Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nusasiri Public stock have on its future price. Nusasiri 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, Nusasiri Public autocorrelation shows the relationship between Nusasiri Public stock current value and its past values and can show if there is a momentum factor associated with investing in Nusasiri Public.
Regressed Prices |
| Timeline |
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Nusasiri Public financial ratios help investors to determine whether Nusasiri 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 Nusasiri with respect to the benefits of owning Nusasiri Public security.