TWZ Public (Thailand) Market Value
| TWZ Stock | THB 0.03 0.01 25.00% |
| Symbol | TWZ |
TWZ 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 TWZ 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 TWZ Public.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in TWZ Public on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding TWZ Public or generate 0.0% return on investment in TWZ Public over 30 days. TWZ Public is related to or competes with Vibhavadi Medical, True Public, Jasmine International, and VGI Public. TWZ Corporation Public Company Limited primarily engages in communication equipment trading business in Thailand More
TWZ 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 TWZ 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 TWZ Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 25.87 | |||
| Information Ratio | 0.0712 | |||
| Maximum Drawdown | 91.67 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 |
TWZ Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TWZ Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TWZ Public's standard deviation. In reality, there are many statistical measures that can use TWZ Public historical prices to predict the future TWZ Public's volatility.| Risk Adjusted Performance | 0.0689 | |||
| Jensen Alpha | 1.66 | |||
| Total Risk Alpha | (1.00) | |||
| Sortino Ratio | 0.0473 | |||
| Treynor Ratio | (0.41) |
TWZ Public Backtested Returns
TWZ Public appears to be out of control, given 3 months investment horizon. TWZ Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.051, which indicates the firm had a 0.051% return per unit of risk over the last 3 months. By inspecting TWZ Public's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please review TWZ Public's Semi Deviation of 10.31, coefficient of variation of 1285.48, and Risk Adjusted Performance of 0.0689 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TWZ Public holds a performance score of 4. The entity has a beta of -3.21, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning TWZ Public are expected to decrease by larger amounts. On the other hand, during market turmoil, TWZ Public is expected to outperform it. Please check TWZ Public's skewness, rate of daily change, and the relationship between the semi variance and accumulation distribution , to make a quick decision on whether TWZ Public's existing price patterns will revert.
Auto-correlation | -0.19 |
Insignificant reverse predictability
TWZ Public has insignificant reverse predictability. Overlapping area represents the amount of predictability between TWZ Public time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 TWZ Public price movement. The serial correlation of -0.19 indicates that over 19.0% of current TWZ Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TWZ Public lagged returns against current returns
Autocorrelation, which is TWZ 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 TWZ Public's stock expected returns. We can calculate the autocorrelation of TWZ Public returns to help us make a trade decision. For example, suppose you find that TWZ 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 |
TWZ 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 TWZ Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TWZ Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TWZ Public stock over time.
Current vs Lagged Prices |
| Timeline |
TWZ Public Lagged Returns
When evaluating TWZ Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TWZ Public stock have on its future price. TWZ 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, TWZ Public autocorrelation shows the relationship between TWZ Public stock current value and its past values and can show if there is a momentum factor associated with investing in TWZ Public.
Regressed Prices |
| Timeline |
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TWZ Public financial ratios help investors to determine whether TWZ 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 TWZ with respect to the benefits of owning TWZ Public security.