Intermedical Care (Thailand) Market Value
| IMH Stock | THB 4.96 0.02 0.40% |
| Symbol | Intermedical |
Intermedical Care '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 Intermedical Care'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 Intermedical Care.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Intermedical Care on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Intermedical Care and or generate 0.0% return on investment in Intermedical Care over 720 days. Intermedical Care is related to or competes with Bangkok Dusit, Bumrungrad Hospital, Bangkok Chain, Rajthanee Hospital, and Plan B. Intermedical Care and Lab Hospital Public Company Limited operates a network of private hospitals More
Intermedical Care 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 Intermedical Care'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 Intermedical Care and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 17.75 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 1.94 |
Intermedical Care Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intermedical Care's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intermedical Care's standard deviation. In reality, there are many statistical measures that can use Intermedical Care historical prices to predict the future Intermedical Care's volatility.| Risk Adjusted Performance | 0.0101 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.002 |
Intermedical Care Backtested Returns
Intermedical Care is out of control given 3 months investment horizon. Intermedical Care holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have analyze and collected data for thirty different technical indicators, which can help you to evaluate if expected returns of 14.09% are justified by taking the suggested risk. Use Intermedical Care and Market Risk Adjusted Performance of 0.012, downside deviation of 1.52, and Risk Adjusted Performance of 0.0101 to evaluate company specific risk that cannot be diversified away. Intermedical Care holds a performance score of 8 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Intermedical Care's returns are expected to increase less than the market. However, during the bear market, the loss of holding Intermedical Care is expected to be smaller as well. Use Intermedical Care and sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to analyze future returns on Intermedical Care and.
Auto-correlation | 0.89 |
Very good predictability
Intermedical Care and has very good predictability. Overlapping area represents the amount of predictability between Intermedical Care time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Intermedical Care price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Intermedical Care price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 1.13 |
Intermedical Care lagged returns against current returns
Autocorrelation, which is Intermedical Care 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 Intermedical Care's stock expected returns. We can calculate the autocorrelation of Intermedical Care returns to help us make a trade decision. For example, suppose you find that Intermedical Care 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 |
Intermedical Care 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 Intermedical Care stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intermedical Care stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intermedical Care stock over time.
Current vs Lagged Prices |
| Timeline |
Intermedical Care Lagged Returns
When evaluating Intermedical Care's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intermedical Care stock have on its future price. Intermedical Care 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, Intermedical Care autocorrelation shows the relationship between Intermedical Care stock current value and its past values and can show if there is a momentum factor associated with investing in Intermedical Care and.
Regressed Prices |
| Timeline |
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Intermedical Care financial ratios help investors to determine whether Intermedical 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 Intermedical with respect to the benefits of owning Intermedical Care security.