Aikchol Hospital (Thailand) Market Value
| AHC Stock | THB 15.70 0.10 0.63% |
| Symbol | Aikchol |
Aikchol Hospital '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 Aikchol Hospital'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 Aikchol Hospital.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Aikchol Hospital on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Aikchol Hospital Public or generate 0.0% return on investment in Aikchol Hospital over 510 days. Aikchol Hospital is related to or competes with AP Public, Bumrungrad Hospital, Advanced Information, AJ Plast, and Berli Jucker. Aikchol Hospital Public Company Limited provides medical and nursing care services under the Aikchol Hospital trademark ... More
Aikchol Hospital 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 Aikchol Hospital'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 Aikchol Hospital Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9105 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 5.78 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 2.52 |
Aikchol Hospital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aikchol Hospital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aikchol Hospital's standard deviation. In reality, there are many statistical measures that can use Aikchol Hospital historical prices to predict the future Aikchol Hospital's volatility.| Risk Adjusted Performance | 0.045 | |||
| Jensen Alpha | 0.0432 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 19.74 |
Aikchol Hospital Public Backtested Returns
Aikchol Hospital is out of control given 3 months investment horizon. Aikchol Hospital Public secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 14.34% are justified by taking the suggested risk. Use Aikchol Hospital Risk Adjusted Performance of 0.045, mean deviation of 0.5805, and Downside Deviation of 0.9105 to evaluate company specific risk that cannot be diversified away. Aikchol Hospital holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.0022, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aikchol Hospital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aikchol Hospital is expected to be smaller as well. Use Aikchol Hospital downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to analyze future returns on Aikchol Hospital.
Auto-correlation | 0.21 |
Weak predictability
Aikchol Hospital Public has weak predictability. Overlapping area represents the amount of predictability between Aikchol Hospital time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th of November 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 Aikchol Hospital Public price movement. The serial correlation of 0.21 indicates that over 21.0% of current Aikchol Hospital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 2.41 |
Aikchol Hospital Public lagged returns against current returns
Autocorrelation, which is Aikchol Hospital 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 Aikchol Hospital's stock expected returns. We can calculate the autocorrelation of Aikchol Hospital returns to help us make a trade decision. For example, suppose you find that Aikchol Hospital 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 |
Aikchol Hospital 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 Aikchol Hospital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aikchol Hospital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aikchol Hospital stock over time.
Current vs Lagged Prices |
| Timeline |
Aikchol Hospital Lagged Returns
When evaluating Aikchol Hospital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aikchol Hospital stock have on its future price. Aikchol Hospital 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, Aikchol Hospital autocorrelation shows the relationship between Aikchol Hospital stock current value and its past values and can show if there is a momentum factor associated with investing in Aikchol Hospital Public.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Aikchol Stock
Aikchol Hospital financial ratios help investors to determine whether Aikchol 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 Aikchol with respect to the benefits of owning Aikchol Hospital security.