G Steel (Thailand) Market Value

Symbol

GSTEEL

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 G 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 G Steel.

G Steel Upside/Downside Indicators

G Steel Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for G Steel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as G Steel's standard deviation. In reality, there are many statistical measures that can use G Steel historical prices to predict the future G Steel's volatility.

Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of G Steel'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.

Autocorrelation, which is G 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 G Steel's stock expected returns. We can calculate the autocorrelation of G Steel returns to help us make a trade decision. For example, suppose you find that G 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.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If G Steel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if G Steel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in G Steel stock over time.

When evaluating G Steel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of G Steel stock have on its future price. G 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, G Steel autocorrelation shows the relationship between G Steel stock current value and its past values and can show if there is a momentum factor associated with investing in G Steel Public.

G Steel financial ratios help investors to determine whether GSTEEL 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 GSTEEL with respect to the benefits of owning G Steel security.