Singha Estate (Thailand) Market Value
| S Stock | THB 0.91 0.01 1.09% |
| Symbol | Singha |
Singha Estate '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 Singha Estate'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 Singha Estate.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in Singha Estate on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Singha Estate Public or generate 0.0% return on investment in Singha Estate over 30 days. Singha Estate is related to or competes with Siri Prime, WHA Public, Supalai Public, Quality Houses, and LPN Development. Singha Estate Public Company Limited, together with its subsidiaries, develops and invests in real estate properties for... More
Singha Estate 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 Singha Estate'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 Singha Estate Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.34 | |||
| Information Ratio | 0.0141 | |||
| Maximum Drawdown | 18.14 | |||
| Value At Risk | (3.03) | |||
| Potential Upside | 3.09 |
Singha Estate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Singha Estate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Singha Estate's standard deviation. In reality, there are many statistical measures that can use Singha Estate historical prices to predict the future Singha Estate's volatility.| Risk Adjusted Performance | 0.0325 | |||
| Jensen Alpha | 0.0504 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0149 | |||
| Treynor Ratio | 0.1255 |
Singha Estate Public Backtested Returns
Singha Estate Public owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0823, which indicates the firm had a -0.0823% return per unit of risk over the last 3 months. Singha Estate Public exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Singha Estate's Semi Deviation of 1.39, coefficient of variation of 3114.46, and Risk Adjusted Performance of 0.0325 to confirm the risk estimate we provide. The entity has a beta of 0.56, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Singha Estate's returns are expected to increase less than the market. However, during the bear market, the loss of holding Singha Estate is expected to be smaller as well. At this point, Singha Estate Public has a negative expected return of -0.14%. Please make sure to validate Singha Estate's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Singha Estate Public performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.69 |
Very good reverse predictability
Singha Estate Public has very good reverse predictability. Overlapping area represents the amount of predictability between Singha Estate time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 Singha Estate Public price movement. The serial correlation of -0.69 indicates that around 69.0% of current Singha Estate price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Singha Estate Public lagged returns against current returns
Autocorrelation, which is Singha Estate 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 Singha Estate's stock expected returns. We can calculate the autocorrelation of Singha Estate returns to help us make a trade decision. For example, suppose you find that Singha Estate 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 |
Singha Estate 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 Singha Estate stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Singha Estate stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Singha Estate stock over time.
Current vs Lagged Prices |
| Timeline |
Singha Estate Lagged Returns
When evaluating Singha Estate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Singha Estate stock have on its future price. Singha Estate 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, Singha Estate autocorrelation shows the relationship between Singha Estate stock current value and its past values and can show if there is a momentum factor associated with investing in Singha Estate Public.
Regressed Prices |
| Timeline |
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Singha Estate financial ratios help investors to determine whether Singha 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 Singha with respect to the benefits of owning Singha Estate security.