Quality Houses (Thailand) Market Value
| QH Stock | THB 1.80 0.01 0.55% |
| Symbol | Quality |
Quality Houses '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 Quality Houses' 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 Quality Houses.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in Quality Houses on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding Quality Houses Public or generate 0.0% return on investment in Quality Houses over 720 days. Quality Houses is related to or competes with Siri Prime, WHA Public, Supalai Public, and LPN Development. Quality Houses Public Company Limited, together with its subsidiaries, engages in the property development business in T... More
Quality Houses 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 Quality Houses' 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 Quality Houses Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.38 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 11.17 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 3.37 |
Quality Houses Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quality Houses' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Quality Houses' standard deviation. In reality, there are many statistical measures that can use Quality Houses historical prices to predict the future Quality Houses' volatility.| Risk Adjusted Performance | 0.0468 | |||
| Jensen Alpha | 0.0606 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.468 |
Quality Houses Public Backtested Returns
As of now, Quality Stock is relatively risky. Quality Houses Public maintains Sharpe Ratio (i.e., Efficiency) of 0.0134, which implies the firm had a 0.0134% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Quality Houses Public, which you can use to evaluate the volatility of the company. Please check Quality Houses' Risk Adjusted Performance of 0.0468, semi deviation of 1.04, and Coefficient Of Variation of 1855.94 to confirm if the risk estimate we provide is consistent with the expected return of 0.0227%. Quality Houses has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, Quality Houses' returns are expected to increase less than the market. However, during the bear market, the loss of holding Quality Houses is expected to be smaller as well. Quality Houses Public right now holds a risk of 1.7%. Please check Quality Houses Public maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Quality Houses Public will be following its historical price patterns.
Auto-correlation | -0.02 |
Very weak reverse predictability
Quality Houses Public has very weak reverse predictability. Overlapping area represents the amount of predictability between Quality Houses time series from 4th of December 2022 to 29th of November 2023 and 29th of November 2023 to 23rd 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 Quality Houses Public price movement. The serial correlation of -0.02 indicates that only 2.0% of current Quality Houses price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Quality Houses Public lagged returns against current returns
Autocorrelation, which is Quality Houses 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 Quality Houses' stock expected returns. We can calculate the autocorrelation of Quality Houses returns to help us make a trade decision. For example, suppose you find that Quality Houses 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 |
Quality Houses 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 Quality Houses stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Quality Houses stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Quality Houses stock over time.
Current vs Lagged Prices |
| Timeline |
Quality Houses Lagged Returns
When evaluating Quality Houses' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Quality Houses stock have on its future price. Quality Houses 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, Quality Houses autocorrelation shows the relationship between Quality Houses stock current value and its past values and can show if there is a momentum factor associated with investing in Quality Houses Public.
Regressed Prices |
| Timeline |
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Quality Houses financial ratios help investors to determine whether Quality 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 Quality with respect to the benefits of owning Quality Houses security.