Quality Hospitality (Thailand) Market Value
| QHOP Stock | THB 3.60 0.08 2.27% |
| Symbol | Quality |
Quality 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 Quality 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 Quality Hospitality.
| 06/15/2024 |
| 12/12/2024 |
If you would invest 0.00 in Quality Hospitality on June 15, 2024 and sell it all today you would earn a total of 0.00 from holding Quality Hospitality Leasehold or generate 0.0% return on investment in Quality Hospitality over 180 days. Quality Hospitality is related to or competes with Quality Houses, Quality Houses, and HEMARAJ INDUSTRIAL. More
Quality 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 Quality 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 Quality Hospitality Leasehold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 10.7 | |||
| Value At Risk | (2.29) | |||
| Potential Upside | 3.47 |
Quality Hospitality Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quality Hospitality's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Quality Hospitality's standard deviation. In reality, there are many statistical measures that can use Quality Hospitality historical prices to predict the future Quality Hospitality's volatility.| Risk Adjusted Performance | 0.0525 | |||
| Jensen Alpha | 0.1537 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.21) |
Quality Hospitality Backtested Returns
As of now, Quality Stock is slightly risky. Quality Hospitality maintains Sharpe Ratio (i.e., Efficiency) of 0.0624, which implies the firm had a 0.0624% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Quality Hospitality, which you can use to evaluate the volatility of the company. Please check Quality Hospitality's Coefficient Of Variation of 1543.32, semi deviation of 0.9093, and Risk Adjusted Performance of 0.0525 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Quality Hospitality has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of -0.48, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Quality Hospitality are expected to decrease at a much lower rate. During the bear market, Quality Hospitality is likely to outperform the market. Quality Hospitality right now holds a risk of 1.77%. Please check Quality Hospitality coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Quality Hospitality will be following its historical price patterns.
Auto-correlation | 0.05 |
Virtually no predictability
Quality Hospitality Leasehold has virtually no predictability. Overlapping area represents the amount of predictability between Quality Hospitality time series from 15th of June 2024 to 13th of September 2024 and 13th of September 2024 to 12th of December 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 Hospitality price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Quality Hospitality price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Quality Hospitality lagged returns against current returns
Autocorrelation, which is Quality 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 Quality Hospitality's stock expected returns. We can calculate the autocorrelation of Quality Hospitality returns to help us make a trade decision. For example, suppose you find that Quality 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 |
Quality 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 Quality Hospitality stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Quality Hospitality stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Quality Hospitality stock over time.
Current vs Lagged Prices |
| Timeline |
Quality Hospitality Lagged Returns
When evaluating Quality Hospitality's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Quality Hospitality stock have on its future price. Quality 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, Quality Hospitality autocorrelation shows the relationship between Quality Hospitality stock current value and its past values and can show if there is a momentum factor associated with investing in Quality Hospitality Leasehold.
Regressed Prices |
| Timeline |
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Quality Hospitality 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 Hospitality security.