Bangkok Bank Pcl Stock Market Value
| BKKLY Stock | USD 22.96 0.10 0.44% |
| Symbol | Bangkok |
Bangkok Bank '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 Bangkok Bank'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 Bangkok Bank.
| 04/23/2024 |
| 09/20/2024 |
If you would invest 0.00 in Bangkok Bank on April 23, 2024 and sell it all today you would earn a total of 0.00 from holding Bangkok Bank PCL or generate 0.0% return on investment in Bangkok Bank over 150 days. Bangkok Bank is related to or competes with Partners Bank, BOC Hong, China Merchants, Bank of the Philippine Is, Kasikornbank Public, Hang Seng, and China Merchants. Bangkok Bank Public Company Limited provides various commercial banking products and services in Thailand and internatio... More
Bangkok Bank 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 Bangkok Bank'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 Bangkok Bank PCL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.91 | |||
| Information Ratio | 0.1374 | |||
| Maximum Drawdown | 13.24 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 4.41 |
Bangkok Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bangkok Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bangkok Bank's standard deviation. In reality, there are many statistical measures that can use Bangkok Bank historical prices to predict the future Bangkok Bank's volatility.| Risk Adjusted Performance | 0.1636 | |||
| Jensen Alpha | 0.3647 | |||
| Total Risk Alpha | 0.1044 | |||
| Sortino Ratio | 0.1581 | |||
| Treynor Ratio | 0.9141 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bangkok Bank'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.
Bangkok Bank PCL Backtested Returns
Bangkok Bank appears to be somewhat reliable, given 3 months investment horizon. Bangkok Bank PCL secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Bangkok Bank PCL, which you can use to evaluate the volatility of the firm. Please makes use of Bangkok Bank's Risk Adjusted Performance of 0.1636, downside deviation of 1.91, and Mean Deviation of 1.5 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bangkok Bank holds a performance score of 15. The firm shows a Beta (market volatility) of 0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bangkok Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bangkok Bank is expected to be smaller as well. Please check Bangkok Bank's maximum drawdown, as well as the relationship between the skewness and price action indicator , to make a quick decision on whether Bangkok Bank's price patterns will revert.
Auto-correlation | -0.65 |
Very good reverse predictability
Bangkok Bank PCL has very good reverse predictability. Overlapping area represents the amount of predictability between Bangkok Bank time series from 23rd of April 2024 to 7th of July 2024 and 7th of July 2024 to 20th of September 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 Bangkok Bank PCL price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Bangkok Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 3.93 |
Bangkok Bank PCL lagged returns against current returns
Autocorrelation, which is Bangkok Bank 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 Bangkok Bank's pink sheet expected returns. We can calculate the autocorrelation of Bangkok Bank returns to help us make a trade decision. For example, suppose you find that Bangkok Bank 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 |
Bangkok Bank 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 Bangkok Bank pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bangkok Bank pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bangkok Bank pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bangkok Bank Lagged Returns
When evaluating Bangkok Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bangkok Bank pink sheet have on its future price. Bangkok Bank 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, Bangkok Bank autocorrelation shows the relationship between Bangkok Bank pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bangkok Bank PCL.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Bangkok Pink Sheet Analysis
When running Bangkok Bank's price analysis, check to measure Bangkok Bank'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 Bangkok Bank is operating at the current time. Most of Bangkok Bank's value examination focuses on studying past and present price action to predict the probability of Bangkok Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bangkok Bank's price. Additionally, you may evaluate how the addition of Bangkok Bank to your portfolios can decrease your overall portfolio volatility.