TV Thunder (Thailand) Market Value
| TVT Stock | THB 0.39 0.02 4.88% |
| Symbol | TVT |
TV Thunder '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 TV Thunder'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 TV Thunder.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in TV Thunder on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding TV Thunder Public or generate 0.0% return on investment in TV Thunder over 480 days. TV Thunder is related to or competes with Union Petrochemical, Eureka Design, Vibhavadi Medical, and Tirathai Public. TV Thunder Public Company Limited operates as a television production company in Thailand More
TV Thunder 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 TV Thunder'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 TV Thunder Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 58.69 | |||
| Value At Risk | (6.82) | |||
| Potential Upside | 4.08 |
TV Thunder Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TV Thunder's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TV Thunder's standard deviation. In reality, there are many statistical measures that can use TV Thunder historical prices to predict the future TV Thunder's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (1.25) | |||
| Treynor Ratio | 0.3294 |
TV Thunder Public Backtested Returns
TV Thunder Public retains Efficiency (Sharpe Ratio) of -0.0394, which indicates the firm had a -0.0394% return per unit of price deviation over the last 3 months. TV Thunder exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TV Thunder's Mean Deviation of 2.96, standard deviation of 6.03, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.89, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning TV Thunder are expected to decrease slowly. On the other hand, during market turmoil, TV Thunder is expected to outperform it slightly. At this point, TV Thunder Public has a negative expected return of -0.25%. Please make sure to validate TV Thunder's total risk alpha, potential upside, and the relationship between the standard deviation and maximum drawdown , to decide if TV Thunder Public performance from the past will be repeated at some future date.
Auto-correlation | 0.32 |
Below average predictability
TV Thunder Public has below average predictability. Overlapping area represents the amount of predictability between TV Thunder time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 TV Thunder Public price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current TV Thunder price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TV Thunder Public lagged returns against current returns
Autocorrelation, which is TV Thunder 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 TV Thunder's stock expected returns. We can calculate the autocorrelation of TV Thunder returns to help us make a trade decision. For example, suppose you find that TV Thunder 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 |
TV Thunder 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 TV Thunder stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TV Thunder stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TV Thunder stock over time.
Current vs Lagged Prices |
| Timeline |
TV Thunder Lagged Returns
When evaluating TV Thunder's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TV Thunder stock have on its future price. TV Thunder 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, TV Thunder autocorrelation shows the relationship between TV Thunder stock current value and its past values and can show if there is a momentum factor associated with investing in TV Thunder Public.
Regressed Prices |
| Timeline |
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TV Thunder financial ratios help investors to determine whether TVT 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 TVT with respect to the benefits of owning TV Thunder security.