Ladprao General (Thailand) Market Value
| LPH Stock | THB 4.40 0.02 0.45% |
| Symbol | Ladprao |
Ladprao General '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 Ladprao General'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 Ladprao General.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Ladprao General on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Ladprao General Hospital or generate 0.0% return on investment in Ladprao General over 30 days. Ladprao General is related to or competes with Ekachai Medical, Bangkok Chain, Rajthanee Hospital, Chularat Hospital, and Vibhavadi Medical. Ladprao General Hospital Public Company Limited, together with its subsidiaries, engages in the hospital business in Tha... More
Ladprao General 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 Ladprao General'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 Ladprao General Hospital upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 3.52 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.32 |
Ladprao General Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ladprao General's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ladprao General's standard deviation. In reality, there are many statistical measures that can use Ladprao General historical prices to predict the future Ladprao General's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 0.5921 |
Ladprao General Hospital Backtested Returns
Ladprao General Hospital has Sharpe Ratio of -0.0474, which conveys that the firm had a -0.0474% return per unit of risk over the last 3 months. Ladprao General exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Ladprao General's Mean Deviation of 0.556, standard deviation of 0.7738, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0864, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ladprao General are expected to decrease at a much lower rate. During the bear market, Ladprao General is likely to outperform the market. At this point, Ladprao General Hospital has a negative expected return of -0.0363%. Please make sure to verify Ladprao General's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Ladprao General Hospital performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.59 |
Good reverse predictability
Ladprao General Hospital has good reverse predictability. Overlapping area represents the amount of predictability between Ladprao General time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Ladprao General Hospital price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Ladprao General price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ladprao General Hospital lagged returns against current returns
Autocorrelation, which is Ladprao General 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 Ladprao General's stock expected returns. We can calculate the autocorrelation of Ladprao General returns to help us make a trade decision. For example, suppose you find that Ladprao General 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 |
Ladprao General 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 Ladprao General stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ladprao General stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ladprao General stock over time.
Current vs Lagged Prices |
| Timeline |
Ladprao General Lagged Returns
When evaluating Ladprao General's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ladprao General stock have on its future price. Ladprao General 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, Ladprao General autocorrelation shows the relationship between Ladprao General stock current value and its past values and can show if there is a momentum factor associated with investing in Ladprao General Hospital.
Regressed Prices |
| Timeline |
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Ladprao General financial ratios help investors to determine whether Ladprao 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 Ladprao with respect to the benefits of owning Ladprao General security.