LH Financial (Thailand) Market Value
| LHFG Stock | 0.81 0.01 1.25% |
| Symbol | LHFG |
LH Financial '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 LH Financial'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 LH Financial.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in LH Financial on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding LH Financial Group or generate 0.0% return on investment in LH Financial over 30 days. LH Financial is related to or competes with PTT Public, Siam Commercial, CP ALL, SCB X, and Airports. More
LH Financial 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 LH Financial'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 LH Financial Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 7.41 | |||
| Value At Risk | (3.30) | |||
| Potential Upside | 2.35 |
LH Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LH Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LH Financial's standard deviation. In reality, there are many statistical measures that can use LH Financial historical prices to predict the future LH Financial's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | 1.67 |
LH Financial Group Backtested Returns
LH Financial is out of control given 3 months investment horizon. LH Financial Group retains Efficiency (Sharpe Ratio) of 0.11, which conveys that the firm had a 0.11% return per unit of price deviation over the last 3 months. We were able to collect data for twenty-three different technical indicators, which can help you to evaluate if expected returns of 14.06% are justified by taking the suggested risk. Use LH Financial Group Information Ratio of (0.20), market risk adjusted performance of 1.68, and Mean Deviation of 1.25 to evaluate company specific risk that cannot be diversified away. LH Financial holds a performance score of 8 on a scale of zero to a hundred. The company owns a Beta (Systematic Risk) of -0.12, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning LH Financial are expected to decrease at a much lower rate. During the bear market, LH Financial is likely to outperform the market. Use LH Financial Group mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to analyze future returns on LH Financial Group.
Auto-correlation | -0.35 |
Poor reverse predictability
LH Financial Group has poor reverse predictability. Overlapping area represents the amount of predictability between LH Financial 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 LH Financial Group price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current LH Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
LH Financial Group lagged returns against current returns
Autocorrelation, which is LH Financial 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 LH Financial's stock expected returns. We can calculate the autocorrelation of LH Financial returns to help us make a trade decision. For example, suppose you find that LH Financial 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 |
LH Financial 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 LH Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LH Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LH Financial stock over time.
Current vs Lagged Prices |
| Timeline |
LH Financial Lagged Returns
When evaluating LH Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LH Financial stock have on its future price. LH Financial 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, LH Financial autocorrelation shows the relationship between LH Financial stock current value and its past values and can show if there is a momentum factor associated with investing in LH Financial Group.
Regressed Prices |
| Timeline |
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LH Financial financial ratios help investors to determine whether LHFG 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 LHFG with respect to the benefits of owning LH Financial security.