Siamese Asset (Thailand) Market Value
| SA Stock | THB 7.50 0.10 1.35% |
| Symbol | Siamese |
Siamese Asset '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 Siamese Asset'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 Siamese Asset.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in Siamese Asset on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Siamese Asset Public or generate 0.0% return on investment in Siamese Asset over 720 days. Siamese Asset is related to or competes with Dhouse Pattana, Index International, Home Pottery, and Villa Kunalai. Siamese Asset Public Company Limited engages in the property development business in Thailand More
Siamese Asset 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 Siamese Asset'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 Siamese Asset Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.41 | |||
| Value At Risk | (0.67) | |||
| Potential Upside | 0.6757 |
Siamese Asset Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Siamese Asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Siamese Asset's standard deviation. In reality, there are many statistical measures that can use Siamese Asset historical prices to predict the future Siamese Asset's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | 0.5172 |
Siamese Asset Public Backtested Returns
As of now, Siamese Stock is very steady. Siamese Asset Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0033, which indicates the firm had a 0.0033% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Siamese Asset Public, which you can use to evaluate the volatility of the company. Please validate Siamese Asset's Variance of 0.4526, coefficient of variation of (8,576), and Risk Adjusted Performance of (0.01) to confirm if the risk estimate we provide is consistent with the expected return of 0.0022%. The entity has a beta of -0.0345, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Siamese Asset are expected to decrease at a much lower rate. During the bear market, Siamese Asset is likely to outperform the market. Siamese Asset Public right now has a risk of 0.67%. Please validate Siamese Asset skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Siamese Asset will be following its existing price patterns.
Auto-correlation | -0.66 |
Very good reverse predictability
Siamese Asset Public has very good reverse predictability. Overlapping area represents the amount of predictability between Siamese Asset time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 Siamese Asset Public price movement. The serial correlation of -0.66 indicates that around 66.0% of current Siamese Asset price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Siamese Asset Public lagged returns against current returns
Autocorrelation, which is Siamese Asset 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 Siamese Asset's stock expected returns. We can calculate the autocorrelation of Siamese Asset returns to help us make a trade decision. For example, suppose you find that Siamese Asset 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 |
Siamese Asset 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 Siamese Asset stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Siamese Asset stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Siamese Asset stock over time.
Current vs Lagged Prices |
| Timeline |
Siamese Asset Lagged Returns
When evaluating Siamese Asset's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Siamese Asset stock have on its future price. Siamese Asset 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, Siamese Asset autocorrelation shows the relationship between Siamese Asset stock current value and its past values and can show if there is a momentum factor associated with investing in Siamese Asset Public.
Regressed Prices |
| Timeline |
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Siamese Asset financial ratios help investors to determine whether Siamese 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 Siamese with respect to the benefits of owning Siamese Asset security.