Srisawad Public (Thailand) Market Value
| SAWAD-R Stock | THB 40.75 3.03 6.92% |
| Symbol | Srisawad |
Srisawad 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 Srisawad 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 Srisawad Public.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in Srisawad Public on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding Srisawad Public or generate 0.0% return on investment in Srisawad Public over 720 days. Srisawad Public is related to or competes with Srisawad Power, Muangthai Capital, Micro Leasing, and Krungthai Card. Srisawad Corporation Public Company Limited, together with its subsidiaries, provides finance services in Thailand More
Srisawad 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 Srisawad 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 Srisawad Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) |
Srisawad Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Srisawad Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Srisawad Public's standard deviation. In reality, there are many statistical measures that can use Srisawad Public historical prices to predict the future Srisawad Public's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (1.57) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Srisawad Public's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Srisawad Public Backtested Returns
Srisawad Public is out of control given 3 months investment horizon. Srisawad Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We were able to analyze nineteen different technical indicators, which can help you to evaluate if expected returns of 14.58% are justified by taking the suggested risk. Use Srisawad Public Variance of 1.62, risk adjusted performance of (0.08), and Coefficient Of Variation of (812.40) to evaluate company specific risk that cannot be diversified away. Srisawad Public holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of 0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Srisawad Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding Srisawad Public is expected to be smaller as well. Use Srisawad Public total risk alpha, as well as the relationship between the daily balance of power and day typical price , to analyze future returns on Srisawad Public.
Auto-correlation | 0.34 |
Below average predictability
Srisawad Public has below average predictability. Overlapping area represents the amount of predictability between Srisawad Public time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th 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 Srisawad Public price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Srisawad Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 21.75 |
Srisawad Public lagged returns against current returns
Autocorrelation, which is Srisawad 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 Srisawad Public's stock expected returns. We can calculate the autocorrelation of Srisawad Public returns to help us make a trade decision. For example, suppose you find that Srisawad 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 |
Srisawad 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 Srisawad Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Srisawad Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Srisawad Public stock over time.
Current vs Lagged Prices |
| Timeline |
Srisawad Public Lagged Returns
When evaluating Srisawad Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Srisawad Public stock have on its future price. Srisawad 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, Srisawad Public autocorrelation shows the relationship between Srisawad Public stock current value and its past values and can show if there is a momentum factor associated with investing in Srisawad Public.
Regressed Prices |
| Timeline |
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When running Srisawad Public's price analysis, check to measure Srisawad Public's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Srisawad Public is operating at the current time. Most of Srisawad Public's value examination focuses on studying past and present price action to predict the probability of Srisawad Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Srisawad Public's price. Additionally, you may evaluate how the addition of Srisawad Public to your portfolios can decrease your overall portfolio volatility.