Grande Hospitality (Thailand) Market Value
| GAHREIT Stock | THB 6.50 0.10 1.52% |
| Symbol | Grande |
Grande Hospitality '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 Grande Hospitality'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 Grande Hospitality.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Grande Hospitality on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Grande Hospitality Real or generate 0.0% return on investment in Grande Hospitality over 30 days. Grande Hospitality is related to or competes with Warrix Sport, NSL Foods, Lohakit Metal, and JD Food. More
Grande Hospitality 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 Grande Hospitality'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 Grande Hospitality Real upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 5.16 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.54 |
Grande Hospitality Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grande Hospitality's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grande Hospitality's standard deviation. In reality, there are many statistical measures that can use Grande Hospitality historical prices to predict the future Grande Hospitality's volatility.| Risk Adjusted Performance | 0.0023 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.06) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Grande Hospitality'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.
Grande Hospitality Real Backtested Returns
Grande Hospitality Real holds Efficiency (Sharpe) Ratio of -0.0124, which attests that the entity had a -0.0124% return per unit of standard deviation over the last 3 months. Grande Hospitality Real exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grande Hospitality's risk adjusted performance of 0.0023, and Market Risk Adjusted Performance of (0.05) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Grande Hospitality's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grande Hospitality is expected to be smaller as well. At this point, Grande Hospitality Real has a negative expected return of -0.0136%. Please make sure to check out Grande Hospitality's standard deviation, kurtosis, relative strength index, as well as the relationship between the maximum drawdown and day median price , to decide if Grande Hospitality Real performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.04 |
Very weak reverse predictability
Grande Hospitality Real has very weak reverse predictability. Overlapping area represents the amount of predictability between Grande Hospitality 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 Grande Hospitality Real price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Grande Hospitality price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Grande Hospitality Real lagged returns against current returns
Autocorrelation, which is Grande Hospitality 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 Grande Hospitality's stock expected returns. We can calculate the autocorrelation of Grande Hospitality returns to help us make a trade decision. For example, suppose you find that Grande Hospitality 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 |
Grande Hospitality 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 Grande Hospitality stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grande Hospitality stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grande Hospitality stock over time.
Current vs Lagged Prices |
| Timeline |
Grande Hospitality Lagged Returns
When evaluating Grande Hospitality's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grande Hospitality stock have on its future price. Grande Hospitality 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, Grande Hospitality autocorrelation shows the relationship between Grande Hospitality stock current value and its past values and can show if there is a momentum factor associated with investing in Grande Hospitality Real.
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 ArchitectAdditional Tools for Grande Stock Analysis
When running Grande Hospitality's price analysis, check to measure Grande Hospitality'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 Grande Hospitality is operating at the current time. Most of Grande Hospitality's value examination focuses on studying past and present price action to predict the probability of Grande Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grande Hospitality's price. Additionally, you may evaluate how the addition of Grande Hospitality to your portfolios can decrease your overall portfolio volatility.