NQTH (Thailand) Market Value

NQTH
 Index
  

 957.94  6.87  0.71%   

NQTH's market value is the price at which a share of NQTH stock trades on a public exchange. It measures the collective expectations of NQTH investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of NQTH and determine expected loss or profit from investing in NQTH over a given investment horizon. Check out NQTH Correlation, NQTH Volatility and NQTH Alpha and Beta module to complement your research on NQTH.
Symbol

Please note, there is a significant difference between NQTH's value and its price as these two are different measures arrived at by different means. Investors typically determine NQTH value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NQTH's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

NQTH '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 NQTH's index 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 NQTH.
0.00
08/29/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
08/19/2022
0.00
If you would invest  0.00  in NQTH on August 29, 2020 and sell it all today you would earn a total of 0.00 from holding NQTH or generate 0.0% return on investment in NQTH over 720 days. More

NQTH 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 NQTH's index 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 NQTH upside and downside potential and time the market with a certain degree of confidence.

NQTH Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for NQTH's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NQTH's standard deviation. In reality, there are many statistical measures that can use NQTH historical prices to predict the future NQTH's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of NQTH'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. Please use the tools below to analyze the current value of NQTH in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
953.62954.60955.58
Details
Intrinsic
Valuation
LowReal ValueHigh
944.07945.051,050
Details
Naive
Forecast
LowNext ValueHigh
958.69959.66960.64
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
860.27928.01995.76
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NQTH. Your research has to be compared to or analyzed against NQTH's peers to derive any actionable benefits. When done correctly, NQTH's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in NQTH.

NQTH Backtested Returns

NQTH has Sharpe Ratio of -0.0549, which conveys that the entity had -0.0549% of return per unit of standard deviation over the last 3 months. Macroaxis standpoint towards estimating the risk of any index is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. NQTH exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away.
The index secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. Let's try to break down what NQTH's beta means in this case. the returns on MARKET and NQTH are completely uncorrelated. Even though it is essential to pay attention to NQTH price patterns, it is always good to be careful when utilizing equity historical price patterns. Our philosophy towards estimating any index's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. NQTH exposes twenty-eight different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.00  

No correlation between past and present

NQTH has no correlation between past and present. Overlapping area represents the amount of predictability between NQTH time series from 29th of August 2020 to 24th of August 2021 and 24th of August 2021 to 19th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NQTH price movement. The serial correlation of 0.0 indicates that just 0.0% of current NQTH price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

NQTH lagged returns against current returns

Autocorrelation, which is NQTH index'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 NQTH's index expected returns. We can calculate the autocorrelation of NQTH returns to help us make a trade decision. For example, suppose you find that NQTH index 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 stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

NQTH 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 NQTH index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NQTH index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NQTH index over time.
   Current vs Lagged Prices   
Share
       Timeline  

NQTH Lagged Returns

When evaluating NQTH's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NQTH index have on its future price. NQTH 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, NQTH autocorrelation shows the relationship between NQTH index current value and its past values and can show if there is a momentum factor associated with investing in NQTH.
   Regressed Prices   
Share
       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 NQTH 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, NQTH's short interest history, or implied volatility extrapolated from NQTH options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out NQTH Correlation, NQTH Volatility and NQTH Alpha and Beta module to complement your research on NQTH. Note that the NQTH information on this page should be used as a complementary analysis to other NQTH's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Other Tools for NQTH Index

When running NQTH price analysis, check to measure NQTH'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 NQTH is operating at the current time. Most of NQTH's value examination focuses on studying past and present price action to predict the probability of NQTH's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move NQTH's price. Additionally, you may evaluate how the addition of NQTH to your portfolios can decrease your overall portfolio volatility.
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