Dusit Thani (Thailand) Market Value
| DREIT Stock | THB 4.96 0.09 1.78% |
| Symbol | Dusit |
Dusit Thani '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 Dusit Thani'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 Dusit Thani.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Dusit Thani on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Dusit Thani Freehold or generate 0.0% return on investment in Dusit Thani over 30 days. Dusit Thani is related to or competes with CPN Retail, Grande Hospitality, Erawan, and Impact Growth. Dusit Thani Freehold and Leasehold Real Estate Investment Trust is a real estate investment trust More
Dusit Thani 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 Dusit Thani'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 Dusit Thani Freehold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.89 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 9.62 | |||
| Value At Risk | (2.35) | |||
| Potential Upside | 2.97 |
Dusit Thani Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dusit Thani's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dusit Thani's standard deviation. In reality, there are many statistical measures that can use Dusit Thani historical prices to predict the future Dusit Thani's volatility.| Risk Adjusted Performance | 0.014 | |||
| Jensen Alpha | 0.0249 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.07) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dusit Thani'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.
Dusit Thani Freehold Backtested Returns
Dusit Thani is out of control given 3 months investment horizon. Dusit Thani Freehold secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have analyzed thirty different technical indicators, which can help you to evaluate if expected returns of 14.09% are justified by taking the suggested risk. Use Dusit Thani Downside Deviation of 1.89, coefficient of variation of 8687.04, and Mean Deviation of 0.9859 to evaluate company specific risk that cannot be diversified away. Dusit Thani holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dusit Thani are expected to decrease at a much lower rate. During the bear market, Dusit Thani is likely to outperform the market. Use Dusit Thani skewness, and the relationship between the value at risk and day median price , to analyze future returns on Dusit Thani.
Auto-correlation | -0.09 |
Very weak reverse predictability
Dusit Thani Freehold has very weak reverse predictability. Overlapping area represents the amount of predictability between Dusit Thani time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Dusit Thani Freehold price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Dusit Thani price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dusit Thani Freehold lagged returns against current returns
Autocorrelation, which is Dusit Thani 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 Dusit Thani's stock expected returns. We can calculate the autocorrelation of Dusit Thani returns to help us make a trade decision. For example, suppose you find that Dusit Thani 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 |
Dusit Thani 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 Dusit Thani stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dusit Thani stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dusit Thani stock over time.
Current vs Lagged Prices |
| Timeline |
Dusit Thani Lagged Returns
When evaluating Dusit Thani's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dusit Thani stock have on its future price. Dusit Thani 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, Dusit Thani autocorrelation shows the relationship between Dusit Thani stock current value and its past values and can show if there is a momentum factor associated with investing in Dusit Thani Freehold.
Regressed Prices |
| Timeline |
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Dusit Thani financial ratios help investors to determine whether Dusit 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 Dusit with respect to the benefits of owning Dusit Thani security.