Chow Steel (Thailand) Market Value
| CHOW Stock | THB 1.64 0.02 1.20% |
| Symbol | Chow |
Chow Steel '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 Chow Steel'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 Chow Steel.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Chow Steel on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Chow Steel Industries or generate 0.0% return on investment in Chow Steel over 90 days. Chow Steel is related to or competes with Diamond Building, MCS Steel, Asia Green, Hwa Fong, and Haad Thip. Chow Steel Industries Public Company Limited produces and sells steel billets in Thailand More
Chow Steel 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 Chow Steel'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 Chow Steel Industries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.3 | |||
| Information Ratio | 0.0884 | |||
| Maximum Drawdown | 35.39 | |||
| Value At Risk | (7.32) | |||
| Potential Upside | 14.29 |
Chow Steel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chow Steel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chow Steel's standard deviation. In reality, there are many statistical measures that can use Chow Steel historical prices to predict the future Chow Steel's volatility.| Risk Adjusted Performance | 0.1099 | |||
| Jensen Alpha | 0.8721 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.1447 | |||
| Treynor Ratio | (0.82) |
Chow Steel Industries Backtested Returns
Chow Steel appears to be abnormally volatile, given 3 months investment horizon. Chow Steel Industries secures Sharpe Ratio (or Efficiency) of 0.0989, which signifies that the company had a 0.0989 % return per unit of risk over the last 3 months. By analyzing Chow Steel's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please makes use of Chow Steel's Mean Deviation of 4.17, downside deviation of 4.3, and Risk Adjusted Performance of 0.1099 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Chow Steel holds a performance score of 7. The firm shows a Beta (market volatility) of -0.91, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Chow Steel are expected to decrease slowly. On the other hand, during market turmoil, Chow Steel is expected to outperform it slightly. Please check Chow Steel's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Chow Steel's price patterns will revert.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Chow Steel Industries has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Chow Steel time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st 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 Chow Steel Industries price movement. The serial correlation of -0.78 indicates that around 78.0% of current Chow Steel price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Chow Steel Industries lagged returns against current returns
Autocorrelation, which is Chow Steel 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 Chow Steel's stock expected returns. We can calculate the autocorrelation of Chow Steel returns to help us make a trade decision. For example, suppose you find that Chow Steel 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 |
Chow Steel 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 Chow Steel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chow Steel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chow Steel stock over time.
Current vs Lagged Prices |
| Timeline |
Chow Steel Lagged Returns
When evaluating Chow Steel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chow Steel stock have on its future price. Chow Steel 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, Chow Steel autocorrelation shows the relationship between Chow Steel stock current value and its past values and can show if there is a momentum factor associated with investing in Chow Steel Industries.
Regressed Prices |
| Timeline |
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Chow Steel financial ratios help investors to determine whether Chow 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 Chow with respect to the benefits of owning Chow Steel security.