VGI Public (Thailand) Market Value
| VGI Stock | THB 1.77 0.06 3.51% |
| Symbol | VGI |
VGI 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 VGI 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 VGI Public.
| 04/03/2024 |
| 05/03/2024 |
If you would invest 0.00 in VGI Public on April 3, 2024 and sell it all today you would earn a total of 0.00 from holding VGI Public or generate 0.0% return on investment in VGI Public over 30 days. VGI Public is related to or competes with Regional Container, Precious Shipping, and Sahacogen Public. VGI Global Media Public Company Limited provides integrated offline-to-online solutions for clients in Thailand More
VGI 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 VGI 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 VGI Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.98 | |||
| Information Ratio | 0.0176 | |||
| Maximum Drawdown | 19.81 | |||
| Value At Risk | (4.68) | |||
| Potential Upside | 6.67 |
VGI Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VGI Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VGI Public's standard deviation. In reality, there are many statistical measures that can use VGI Public historical prices to predict the future VGI Public's volatility.| Risk Adjusted Performance | 0.0303 | |||
| Jensen Alpha | 0.098 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0191 | |||
| Treynor Ratio | 1.12 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of VGI 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.
VGI Public Backtested Returns
VGI Public appears to be dangerous, given 3 months investment horizon. VGI Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0715, which indicates the firm had a 0.0715% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for VGI Public, which you can use to evaluate the volatility of the company. Please review VGI Public's risk adjusted performance of 0.0303, and Coefficient Of Variation of 2888.24 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, VGI Public holds a performance score of 5. The entity has a beta of 0.091, which indicates not very significant fluctuations relative to the market. As returns on the market increase, VGI Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding VGI Public is expected to be smaller as well. Please check VGI Public's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether VGI Public's existing price patterns will revert.
Auto-correlation | 0.05 |
Virtually no predictability
VGI Public has virtually no predictability. Overlapping area represents the amount of predictability between VGI Public time series from 3rd of April 2024 to 18th of April 2024 and 18th of April 2024 to 3rd of May 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 VGI Public price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current VGI Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
VGI Public lagged returns against current returns
Autocorrelation, which is VGI 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 VGI Public's stock expected returns. We can calculate the autocorrelation of VGI Public returns to help us make a trade decision. For example, suppose you find that VGI 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 |
VGI 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 VGI Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VGI Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VGI Public stock over time.
Current vs Lagged Prices |
| Timeline |
VGI Public Lagged Returns
When evaluating VGI Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VGI Public stock have on its future price. VGI 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, VGI Public autocorrelation shows the relationship between VGI Public stock current value and its past values and can show if there is a momentum factor associated with investing in VGI Public.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards VGI Public in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, VGI Public's short interest history, or implied volatility extrapolated from VGI Public options trading.
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Check out VGI Public Correlation, VGI Public Volatility and VGI Public Alpha and Beta module to complement your research on VGI Public. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for VGI Stock analysis
When running VGI Public's price analysis, check to measure VGI 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 VGI Public is operating at the current time. Most of VGI Public's value examination focuses on studying past and present price action to predict the probability of VGI 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 VGI Public's price. Additionally, you may evaluate how the addition of VGI Public to your portfolios can decrease your overall portfolio volatility.
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VGI 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.