Raja Ferry (Thailand) Market Value
| RP Stock | THB 1.10 0.02 1.85% |
| Symbol | Raja |
Raja Ferry '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 Raja Ferry'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 Raja Ferry.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Raja Ferry on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Raja Ferry Port or generate 0.0% return on investment in Raja Ferry over 540 days. Raja Ferry is related to or competes with Project Planning, Qualitech Public, SGF Capital, Power Solution, and Samart Public. Raja Ferry Port Public Company Limited offer ferry services for passenger and transportation in Thailand. More
Raja Ferry 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 Raja Ferry'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 Raja Ferry Port upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.13 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 23.79 | |||
| Value At Risk | (3.17) | |||
| Potential Upside | 3.39 |
Raja Ferry Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Raja Ferry's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Raja Ferry's standard deviation. In reality, there are many statistical measures that can use Raja Ferry historical prices to predict the future Raja Ferry's volatility.| Risk Adjusted Performance | 0.0199 | |||
| Jensen Alpha | 0.134 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.05) |
Raja Ferry Port Backtested Returns
Raja Ferry is out of control given 3 months investment horizon. Raja Ferry Port maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have analyzed twenty-nine different technical indicators, which can help you to evaluate if expected returns of 14.31% are justified by taking the suggested risk. Use Raja Ferry Risk Adjusted Performance of 0.0199, coefficient of variation of 6126.27, and Semi Deviation of 1.52 to evaluate company specific risk that cannot be diversified away. Raja Ferry holds a performance score of 8 on a scale of zero to a hundred. The company holds a Beta of -0.83, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Raja Ferry are expected to decrease at a much lower rate. During the bear market, Raja Ferry is likely to outperform the market. Use Raja Ferry total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to analyze future returns on Raja Ferry.
Auto-correlation | 0.00 |
No correlation between past and present
Raja Ferry Port has no correlation between past and present. Overlapping area represents the amount of predictability between Raja Ferry time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Raja Ferry Port price movement. The serial correlation of 0.0 indicates that just 0.0% of current Raja Ferry price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Raja Ferry Port lagged returns against current returns
Autocorrelation, which is Raja Ferry 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 Raja Ferry's stock expected returns. We can calculate the autocorrelation of Raja Ferry returns to help us make a trade decision. For example, suppose you find that Raja Ferry 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 |
Raja Ferry 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 Raja Ferry stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Raja Ferry stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Raja Ferry stock over time.
Current vs Lagged Prices |
| Timeline |
Raja Ferry Lagged Returns
When evaluating Raja Ferry's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Raja Ferry stock have on its future price. Raja Ferry 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, Raja Ferry autocorrelation shows the relationship between Raja Ferry stock current value and its past values and can show if there is a momentum factor associated with investing in Raja Ferry Port.
Regressed Prices |
| Timeline |
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Raja Ferry financial ratios help investors to determine whether Raja 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 Raja with respect to the benefits of owning Raja Ferry security.