Yuasa Battery (Thailand) Market Value
| YUASA Stock | THB 10.10 0.10 0.98% |
| Symbol | Yuasa |
Yuasa Battery '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 Yuasa Battery'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 Yuasa Battery.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Yuasa Battery on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Yuasa Battery Public or generate 0.0% return on investment in Yuasa Battery over 390 days. Yuasa Battery is related to or competes with Thai Stanley, Somboon Advance, Thai Steel, and President Automobile. Yuasa Battery Public Company Limited manufactures and distributes batteries for automobiles and motorcycles in Thailand ... More
Yuasa Battery 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 Yuasa Battery'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 Yuasa Battery Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 5.57 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 0.9709 |
Yuasa Battery Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yuasa Battery's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yuasa Battery's standard deviation. In reality, there are many statistical measures that can use Yuasa Battery historical prices to predict the future Yuasa Battery's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (1.37) |
Yuasa Battery Public Backtested Returns
Yuasa Battery Public shows Sharpe Ratio of -0.23, which attests that the company had a -0.23% return per unit of risk over the last 3 months. Yuasa Battery Public exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yuasa Battery's Market Risk Adjusted Performance of (1.36), standard deviation of 0.998, and Mean Deviation of 0.7244 to validate the risk estimate we provide. The firm maintains a market beta of 0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Yuasa Battery's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yuasa Battery is expected to be smaller as well. At this point, Yuasa Battery Public has a negative expected return of -0.24%. Please make sure to check out Yuasa Battery's skewness, and the relationship between the total risk alpha and rate of daily change , to decide if Yuasa Battery Public performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.08 |
Very weak reverse predictability
Yuasa Battery Public has very weak reverse predictability. Overlapping area represents the amount of predictability between Yuasa Battery time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 Yuasa Battery Public price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Yuasa Battery price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 1.14 |
Yuasa Battery Public lagged returns against current returns
Autocorrelation, which is Yuasa Battery 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 Yuasa Battery's stock expected returns. We can calculate the autocorrelation of Yuasa Battery returns to help us make a trade decision. For example, suppose you find that Yuasa Battery 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 |
Yuasa Battery 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 Yuasa Battery stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yuasa Battery stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yuasa Battery stock over time.
Current vs Lagged Prices |
| Timeline |
Yuasa Battery Lagged Returns
When evaluating Yuasa Battery's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yuasa Battery stock have on its future price. Yuasa Battery 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, Yuasa Battery autocorrelation shows the relationship between Yuasa Battery stock current value and its past values and can show if there is a momentum factor associated with investing in Yuasa Battery Public.
Regressed Prices |
| Timeline |
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Yuasa Battery financial ratios help investors to determine whether Yuasa 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 Yuasa with respect to the benefits of owning Yuasa Battery security.