Country Group (Thailand) Market Value
| CGD Stock | THB 0.13 0.01 7.14% |
| Symbol | Country |
Country Group '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 Country Group'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 Country Group.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Country Group on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Country Group Development or generate 0.0% return on investment in Country Group over 90 days. Country Group is related to or competes with Eastern Star, Bangkok Land, Ananda Development, Better World, and Dcon Products. Country Group Development Public Company Limited, together with its subsidiaries, engages in the real estate business in... More
Country Group 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 Country Group'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 Country Group Development upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 23.86 | |||
| Value At Risk | (10.53) | |||
| Potential Upside | 7.69 |
Country Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Country Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Country Group's standard deviation. In reality, there are many statistical measures that can use Country Group historical prices to predict the future Country Group's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (1.22) | |||
| Treynor Ratio | 0.3582 |
Country Group Development Backtested Returns
Country Group Development secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1 % return per unit of risk over the last 3 months. Country Group Development exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Country Group's Risk Adjusted Performance of (0.07), mean deviation of 3.58, and Standard Deviation of 5.34 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.23, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Country Group are expected to decrease by larger amounts. On the other hand, during market turmoil, Country Group is expected to outperform it. At this point, Country Group Development has a negative expected return of -0.52%. Please make sure to confirm Country Group's potential upside, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Country Group Development performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.28 |
Poor predictability
Country Group Development has poor predictability. Overlapping area represents the amount of predictability between Country Group time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 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 Country Group Development price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Country Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Country Group Development lagged returns against current returns
Autocorrelation, which is Country Group 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 Country Group's stock expected returns. We can calculate the autocorrelation of Country Group returns to help us make a trade decision. For example, suppose you find that Country Group 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 |
Country Group 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 Country Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Country Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Country Group stock over time.
Current vs Lagged Prices |
| Timeline |
Country Group Lagged Returns
When evaluating Country Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Country Group stock have on its future price. Country Group 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, Country Group autocorrelation shows the relationship between Country Group stock current value and its past values and can show if there is a momentum factor associated with investing in Country Group Development.
Regressed Prices |
| Timeline |
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Country Group financial ratios help investors to determine whether Country 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 Country with respect to the benefits of owning Country Group security.