ASIA Capital (Thailand) Market Value
| ACAP Stock | THB 0.33 0.00 0.00% |
| Symbol | ASIA |
ASIA Capital '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 ASIA Capital'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 ASIA Capital.
| 05/10/2024 |
| 06/09/2024 |
If you would invest 0.00 in ASIA Capital on May 10, 2024 and sell it all today you would earn a total of 0.00 from holding ASIA Capital Group or generate 0.0% return on investment in ASIA Capital over 30 days. ASIA Capital is related to or competes with PTT Oil, Kasikornbank Public, Srisawad Power, Muangthai Capital, and TISCO Financial. ASIA Capital Group Public Company Limited provides corporate and retail lending services More
ASIA Capital 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 ASIA Capital'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 ASIA Capital Group upside and downside potential and time the market with a certain degree of confidence.
ASIA Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ASIA Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ASIA Capital's standard deviation. In reality, there are many statistical measures that can use ASIA Capital historical prices to predict the future ASIA Capital's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ASIA Capital'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.
ASIA Capital Group Backtested Returns
We have found three technical indicators for ASIA Capital Group, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and ASIA Capital are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
ASIA Capital Group has no correlation between past and present. Overlapping area represents the amount of predictability between ASIA Capital time series from 10th of May 2024 to 25th of May 2024 and 25th of May 2024 to 9th of June 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 ASIA Capital Group price movement. The serial correlation of 0.0 indicates that just 0.0% of current ASIA Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ASIA Capital Group lagged returns against current returns
Autocorrelation, which is ASIA Capital 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 ASIA Capital's stock expected returns. We can calculate the autocorrelation of ASIA Capital returns to help us make a trade decision. For example, suppose you find that ASIA Capital 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 |
ASIA Capital 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 ASIA Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ASIA Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ASIA Capital stock over time.
Current vs Lagged Prices |
| Timeline |
ASIA Capital Lagged Returns
When evaluating ASIA Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ASIA Capital stock have on its future price. ASIA Capital 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, ASIA Capital autocorrelation shows the relationship between ASIA Capital stock current value and its past values and can show if there is a momentum factor associated with investing in ASIA Capital Group.
Regressed Prices |
| Timeline |
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Other Information on Investing in ASIA Stock
ASIA Capital financial ratios help investors to determine whether ASIA 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 ASIA with respect to the benefits of owning ASIA Capital security.