Thai Beverage Pcl Stock Market Value
| TBVPY Stock | USD 52.00 16.00 44.44% |
| Symbol | Thai |
Thai Beverage '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 Thai Beverage's pink sheet 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 Thai Beverage.
| 09/26/2022 |
| 04/18/2024 |
If you would invest 0.00 in Thai Beverage on September 26, 2022 and sell it all today you would earn a total of 0.00 from holding Thai Beverage PCL or generate 0.0% return on investment in Thai Beverage over 570 days. Thai Beverage is related to or competes with Andrew Peller, Willamette Valley, Brown Forman, Brown Forman, Eastside Distilling, Diageo PLC, and Constellation Brands. Thai Beverage Public Company Limited, together with its subsidiaries, produces and distributes alcoholic and non-alcohol... More
Thai Beverage 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 Thai Beverage's pink sheet 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 Thai Beverage PCL upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 9.4 | |||
| Value At Risk | (1.65) |
Thai Beverage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thai Beverage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thai Beverage's standard deviation. In reality, there are many statistical measures that can use Thai Beverage historical prices to predict the future Thai Beverage's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.39) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Thai Beverage's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Thai Beverage PCL Backtested Returns
Thai Beverage appears to be not too volatile, given 3 months investment horizon. Thai Beverage PCL owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. By inspecting Thai Beverage's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please review Thai Beverage's Coefficient Of Variation of (797.14), variance of 1.1, and Risk Adjusted Performance of (0.08) to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Thai Beverage holds a performance score of 8. The entity has a beta of 0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Thai Beverage's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thai Beverage is expected to be smaller as well. Please check Thai Beverage's maximum drawdown, as well as the relationship between the rate of daily change and relative strength index , to make a quick decision on whether Thai Beverage's existing price patterns will revert.
Auto-correlation | 0.72 |
Good predictability
Thai Beverage PCL has good predictability. Overlapping area represents the amount of predictability between Thai Beverage time series from 26th of September 2022 to 8th of July 2023 and 8th of July 2023 to 18th of April 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 Thai Beverage PCL price movement. The serial correlation of 0.72 indicates that around 72.0% of current Thai Beverage price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 6.84 |
Thai Beverage PCL lagged returns against current returns
Autocorrelation, which is Thai Beverage pink sheet'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 Thai Beverage's pink sheet expected returns. We can calculate the autocorrelation of Thai Beverage returns to help us make a trade decision. For example, suppose you find that Thai Beverage has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Thai Beverage 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 Thai Beverage pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thai Beverage pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thai Beverage pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Thai Beverage Lagged Returns
When evaluating Thai Beverage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thai Beverage pink sheet have on its future price. Thai Beverage 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, Thai Beverage autocorrelation shows the relationship between Thai Beverage pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Thai Beverage PCL.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Thai Beverage Correlation, Thai Beverage Volatility and Thai Beverage Alpha and Beta module to complement your research on Thai Beverage. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Thai Pink Sheet analysis
When running Thai Beverage's price analysis, check to measure Thai Beverage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thai Beverage is operating at the current time. Most of Thai Beverage's value examination focuses on studying past and present price action to predict the probability of Thai Beverage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thai Beverage's price. Additionally, you may evaluate how the addition of Thai Beverage to your portfolios can decrease your overall portfolio volatility.
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Thai Beverage technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.