Bangkok Dusit Medical Stock Market Value
| BDUUY Stock | USD 32.33 0.00 0.00% |
| Symbol | Bangkok |
Bangkok Dusit '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 Bangkok Dusit's pink sheet 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 Bangkok Dusit.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Bangkok Dusit on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Bangkok Dusit Medical or generate 0.0% return on investment in Bangkok Dusit over 210 days. Bangkok Dusit is related to or competes with SEI Investments, KNOT Offshore, Inflection Point, Small Cap, Nasdaq, Summit Hotel, and Western Acquisition. Bangkok Dusit Medical Services Public Company Limited, together with its subsidiaries, operates hospitals More
Bangkok Dusit 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 Bangkok Dusit's pink sheet 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 Bangkok Dusit Medical upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.75) | |||
| Maximum Drawdown | 1.28 |
Bangkok Dusit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bangkok Dusit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bangkok Dusit's standard deviation. In reality, there are many statistical measures that can use Bangkok Dusit historical prices to predict the future Bangkok Dusit's volatility.| Risk Adjusted Performance | 0.0557 | |||
| Jensen Alpha | 0.011 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.77) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bangkok Dusit'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.
Bangkok Dusit Medical Backtested Returns
At this stage we consider Bangkok Pink Sheet to be very steady. Bangkok Dusit Medical secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Bangkok Dusit Medical, which you can use to evaluate the volatility of the firm. Please confirm Bangkok Dusit's Mean Deviation of 0.0383, risk adjusted performance of 0.0557, and Standard Deviation of 0.1581 to double-check if the risk estimate we provide is consistent with the expected return of 0.0198%. Bangkok Dusit has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0123, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bangkok Dusit are expected to decrease at a much lower rate. During the bear market, Bangkok Dusit is likely to outperform the market. Bangkok Dusit Medical right now shows a risk of 0.16%. Please confirm Bangkok Dusit Medical variance and rate of daily change , to decide if Bangkok Dusit Medical will be following its price patterns.
Auto-correlation | 0.23 |
Weak predictability
Bangkok Dusit Medical has weak predictability. Overlapping area represents the amount of predictability between Bangkok Dusit time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 to 2nd of December 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 Bangkok Dusit Medical price movement. The serial correlation of 0.23 indicates that over 23.0% of current Bangkok Dusit price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.94 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Bangkok Dusit Medical lagged returns against current returns
Autocorrelation, which is Bangkok Dusit pink sheet'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 Bangkok Dusit's pink sheet expected returns. We can calculate the autocorrelation of Bangkok Dusit returns to help us make a trade decision. For example, suppose you find that Bangkok Dusit has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Bangkok Dusit 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 Bangkok Dusit pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bangkok Dusit pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bangkok Dusit pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bangkok Dusit Lagged Returns
When evaluating Bangkok Dusit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bangkok Dusit pink sheet have on its future price. Bangkok Dusit 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, Bangkok Dusit autocorrelation shows the relationship between Bangkok Dusit pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bangkok Dusit Medical.
Regressed Prices |
| Timeline |
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.Additional Tools for Bangkok Pink Sheet Analysis
When running Bangkok Dusit's price analysis, check to measure Bangkok Dusit'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 Bangkok Dusit is operating at the current time. Most of Bangkok Dusit's value examination focuses on studying past and present price action to predict the probability of Bangkok Dusit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bangkok Dusit's price. Additionally, you may evaluate how the addition of Bangkok Dusit to your portfolios can decrease your overall portfolio volatility.