Sea Oil (Thailand) Market Value
| SEAOIL Stock | THB 2.62 0.02 0.76% |
| Symbol | Sea |
Sea Oil '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 Sea Oil'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 Sea Oil.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Sea Oil on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Sea Oil Public or generate 0.0% return on investment in Sea Oil over 30 days. Sea Oil is related to or competes with PTT Oil, Thai Oil, IRPC Public, Star Petroleum, and Bangchak Public. Sea Oil Public Company Limited engages in the retail sale of fuel and lubricant oils, and related products primarily for... More
Sea Oil 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 Sea Oil'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 Sea Oil Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.65 | |||
| Information Ratio | 0.0259 | |||
| Maximum Drawdown | 8.68 | |||
| Value At Risk | (2.31) | |||
| Potential Upside | 2.51 |
Sea Oil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sea Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sea Oil's standard deviation. In reality, there are many statistical measures that can use Sea Oil historical prices to predict the future Sea Oil's volatility.| Risk Adjusted Performance | 0.0848 | |||
| Jensen Alpha | 0.1103 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0232 | |||
| Treynor Ratio | 0.4119 |
Sea Oil Public Backtested Returns
At this point, Sea Oil is slightly risky. Sea Oil Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0906, which indicates the firm had a 0.0906% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sea Oil Public, which you can use to evaluate the volatility of the company. Please validate Sea Oil's Semi Deviation of 1.18, risk adjusted performance of 0.0848, and Coefficient Of Variation of 906.34 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. Sea Oil has a performance score of 7 on a scale of 0 to 100. The entity has a beta of 0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sea Oil's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sea Oil is expected to be smaller as well. Sea Oil Public right now has a risk of 1.51%. Please validate Sea Oil downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if Sea Oil will be following its existing price patterns.
Auto-correlation | 0.87 |
Very good predictability
Sea Oil Public has very good predictability. Overlapping area represents the amount of predictability between Sea Oil time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 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 Sea Oil Public price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Sea Oil price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sea Oil Public lagged returns against current returns
Autocorrelation, which is Sea Oil 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 Sea Oil's stock expected returns. We can calculate the autocorrelation of Sea Oil returns to help us make a trade decision. For example, suppose you find that Sea Oil 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 |
Sea Oil 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 Sea Oil stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sea Oil stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sea Oil stock over time.
Current vs Lagged Prices |
| Timeline |
Sea Oil Lagged Returns
When evaluating Sea Oil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sea Oil stock have on its future price. Sea Oil 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, Sea Oil autocorrelation shows the relationship between Sea Oil stock current value and its past values and can show if there is a momentum factor associated with investing in Sea Oil Public.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in Sea Stock
Sea Oil financial ratios help investors to determine whether Sea 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 Sea with respect to the benefits of owning Sea Oil security.