WHA Utilities (Thailand) Market Value
| WHAUP Stock | THB 4.86 0.08 1.62% |
| Symbol | WHA |
WHA Utilities '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 WHA Utilities' 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 WHA Utilities.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in WHA Utilities on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding WHA Utilities and or generate 0.0% return on investment in WHA Utilities over 30 days. WHA Utilities is related to or competes with BTS Group, and PTG Energy. WHA Utilities and Power Public Company Limited provides integrated utilities products and services in Thailand and inter... More
WHA Utilities 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 WHA Utilities' 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 WHA Utilities and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.15 | |||
| Information Ratio | 0.0454 | |||
| Maximum Drawdown | 14.13 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 2.95 |
WHA Utilities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WHA Utilities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WHA Utilities' standard deviation. In reality, there are many statistical measures that can use WHA Utilities historical prices to predict the future WHA Utilities' volatility.| Risk Adjusted Performance | 0.0622 | |||
| Jensen Alpha | 0.1496 | |||
| Total Risk Alpha | 0.0239 | |||
| Sortino Ratio | 0.045 | |||
| Treynor Ratio | (0.63) |
WHA Utilities Backtested Returns
At this point, WHA Utilities is slightly risky. WHA Utilities retains Efficiency (Sharpe Ratio) of 0.0486, which attests that the company had a 0.0486% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for WHA Utilities, which you can use to evaluate the volatility of the company. Please check out WHA Utilities' Market Risk Adjusted Performance of (0.62), standard deviation of 2.13, and Mean Deviation of 1.41 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. WHA Utilities has a performance score of 3 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning WHA Utilities are expected to decrease at a much lower rate. During the bear market, WHA Utilities is likely to outperform the market. WHA Utilities now owns a risk of 2.23%. Please check out WHA Utilities and value at risk, and the relationship between the jensen alpha and skewness , to decide if WHA Utilities and will be following its current price history.
Auto-correlation | -0.14 |
Insignificant reverse predictability
WHA Utilities and has insignificant reverse predictability. Overlapping area represents the amount of predictability between WHA Utilities time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th 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 WHA Utilities price movement. The serial correlation of -0.14 indicates that less than 14.0% of current WHA Utilities price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
WHA Utilities lagged returns against current returns
Autocorrelation, which is WHA Utilities 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 WHA Utilities' stock expected returns. We can calculate the autocorrelation of WHA Utilities returns to help us make a trade decision. For example, suppose you find that WHA Utilities 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 |
WHA Utilities 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 WHA Utilities stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WHA Utilities stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WHA Utilities stock over time.
Current vs Lagged Prices |
| Timeline |
WHA Utilities Lagged Returns
When evaluating WHA Utilities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WHA Utilities stock have on its future price. WHA Utilities 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, WHA Utilities autocorrelation shows the relationship between WHA Utilities stock current value and its past values and can show if there is a momentum factor associated with investing in WHA Utilities and.
Regressed Prices |
| Timeline |
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WHA Utilities financial ratios help investors to determine whether WHA 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 WHA with respect to the benefits of owning WHA Utilities security.