Thai Ha (Thailand) Market Value
| KASET Stock | THB 0.61 0.01 1.61% |
| Symbol | Thai |
Thai Ha '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 Ha'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 Thai Ha.
| 05/14/2025 |
| 08/12/2025 |
If you would invest 0.00 in Thai Ha on May 14, 2025 and sell it all today you would earn a total of 0.00 from holding Thai Ha Public or generate 0.0% return on investment in Thai Ha over 90 days. Thai Ha is related to or competes with Hydrotek Public, Karmarts Public, Kingsmen CMTI, and KC Metalsheet. Thai Ha Public Company Limited manufactures and distributes agricultural products, processed agricultural products, and ... More
Thai Ha 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 Ha'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 Thai Ha Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 12.5 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 3.64 |
Thai Ha Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thai Ha's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thai Ha's standard deviation. In reality, there are many statistical measures that can use Thai Ha historical prices to predict the future Thai Ha's volatility.| Risk Adjusted Performance | 0.0022 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.14) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Thai Ha'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 Ha Public Backtested Returns
Thai Ha Public owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0316, which indicates the firm had a -0.0316 % return per unit of risk over the last 3 months. Thai Ha Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thai Ha's Coefficient Of Variation of (16,278), risk adjusted performance of 0.0022, and Variance of 6.72 to confirm the risk estimate we provide. The entity has a beta of 0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Thai Ha's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thai Ha is expected to be smaller as well. At this point, Thai Ha Public has a negative expected return of -0.0769%. Please make sure to validate Thai Ha's total risk alpha and the relationship between the skewness and relative strength index , to decide if Thai Ha Public performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.68 |
Very good reverse predictability
Thai Ha Public has very good reverse predictability. Overlapping area represents the amount of predictability between Thai Ha time series from 14th of May 2025 to 28th of June 2025 and 28th of June 2025 to 12th of August 2025. 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 Ha Public price movement. The serial correlation of -0.68 indicates that around 68.0% of current Thai Ha price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Thai Ha Public lagged returns against current returns
Autocorrelation, which is Thai Ha 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 Thai Ha's stock expected returns. We can calculate the autocorrelation of Thai Ha returns to help us make a trade decision. For example, suppose you find that Thai Ha 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 |
Thai Ha 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 Ha stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thai Ha stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thai Ha stock over time.
Current vs Lagged Prices |
| Timeline |
Thai Ha Lagged Returns
When evaluating Thai Ha's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thai Ha stock have on its future price. Thai Ha 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 Ha autocorrelation shows the relationship between Thai Ha stock current value and its past values and can show if there is a momentum factor associated with investing in Thai Ha Public.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Prophet is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ProphetOther Information on Investing in Thai Stock
Thai Ha financial ratios help investors to determine whether Thai 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 Thai with respect to the benefits of owning Thai Ha security.