SVI Public (Thailand) Market Value
| SVI Stock | THB 6.75 0.05 0.74% |
| Symbol | SVI |
SVI 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 SVI 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 SVI Public.
| 03/29/2024 |
| 04/28/2024 |
If you would invest 0.00 in SVI Public on March 29, 2024 and sell it all today you would earn a total of 0.00 from holding SVI Public or generate 0.0% return on investment in SVI Public over 30 days. SVI Public is related to or competes with Jasmine International, Hana Microelectronics, AP Public, and Land. SVI Public Company Limited, together with its subsidiaries, provides electronic manufacturing services in Asia and Europ... More
SVI 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 SVI 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 SVI Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.95 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 7.51 | |||
| Value At Risk | (2.49) | |||
| Potential Upside | 2.98 |
SVI Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SVI Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SVI Public's standard deviation. In reality, there are many statistical measures that can use SVI Public historical prices to predict the future SVI Public's volatility.| Risk Adjusted Performance | 0.0267 | |||
| Jensen Alpha | 0.0409 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.9698 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SVI Public'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.
SVI Public Backtested Returns
We consider SVI Public somewhat reliable. SVI Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0342, which indicates the firm had a 0.0342% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for SVI Public, which you can use to evaluate the volatility of the company. Please validate SVI Public's risk adjusted performance of 0.0267, and Coefficient Of Variation of 3048.33 to confirm if the risk estimate we provide is consistent with the expected return of 0.0589%. SVI Public has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.0459, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SVI Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding SVI Public is expected to be smaller as well. SVI Public presently has a risk of 1.72%. Please validate SVI Public standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if SVI Public will be following its existing price patterns.
Auto-correlation | 0.33 |
Below average predictability
SVI Public has below average predictability. Overlapping area represents the amount of predictability between SVI Public time series from 29th of March 2024 to 13th of April 2024 and 13th of April 2024 to 28th 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 SVI Public price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current SVI Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
SVI Public lagged returns against current returns
Autocorrelation, which is SVI 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 SVI Public's stock expected returns. We can calculate the autocorrelation of SVI Public returns to help us make a trade decision. For example, suppose you find that SVI 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 |
SVI 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 SVI Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SVI Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SVI Public stock over time.
Current vs Lagged Prices |
| Timeline |
SVI Public Lagged Returns
When evaluating SVI Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SVI Public stock have on its future price. SVI 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, SVI Public autocorrelation shows the relationship between SVI Public stock current value and its past values and can show if there is a momentum factor associated with investing in SVI Public.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out SVI Public Correlation, SVI Public Volatility and SVI Public Alpha and Beta module to complement your research on SVI Public. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for SVI Stock analysis
When running SVI Public's price analysis, check to measure SVI Public'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 SVI Public is operating at the current time. Most of SVI Public's value examination focuses on studying past and present price action to predict the probability of SVI Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SVI Public's price. Additionally, you may evaluate how the addition of SVI Public to your portfolios can decrease your overall portfolio volatility.
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SVI Public technical stock 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, stock market cycles, or different charting patterns.