Ratchaphruek Hospital (Thailand) Market Value
| RPH Stock | THB 5.45 0.05 0.91% |
| Symbol | Ratchaphruek |
Ratchaphruek Hospital '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 Ratchaphruek Hospital'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 Ratchaphruek Hospital.
| 01/12/2023 |
| 12/02/2024 |
If you would invest 0.00 in Ratchaphruek Hospital on January 12, 2023 and sell it all today you would earn a total of 0.00 from holding Ratchaphruek Hospital Public or generate 0.0% return on investment in Ratchaphruek Hospital over 690 days. Ratchaphruek Hospital is related to or competes with Bangkok Dusit, CP ALL, Central Pattana, Airports, and Kasikornbank Public. Ratchaphruek Hospital Public Company Limited engages in the hospital business under the Rachaphruek Hospital name in Tha... More
Ratchaphruek Hospital 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 Ratchaphruek Hospital'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 Ratchaphruek Hospital Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.43) | |||
| Maximum Drawdown | 1.79 | |||
| Value At Risk | (0.88) | |||
| Potential Upside | 0.8696 |
Ratchaphruek Hospital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ratchaphruek Hospital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ratchaphruek Hospital's standard deviation. In reality, there are many statistical measures that can use Ratchaphruek Hospital historical prices to predict the future Ratchaphruek Hospital's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (1.00) |
Ratchaphruek Hospital Backtested Returns
Ratchaphruek Hospital is out of control given 3 months investment horizon. Ratchaphruek Hospital maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We have analyze and collected data for twenty-three different technical indicators, which can help you to evaluate if expected returns of 15.78% are justified by taking the suggested risk. Use Ratchaphruek Hospital Risk Adjusted Performance of (0.14), coefficient of variation of (574.86), and Variance of 0.2849 to evaluate company specific risk that cannot be diversified away. Ratchaphruek Hospital holds a performance score of 9 on a scale of zero to a hundred. The company holds a Beta of 0.1, which implies not very significant fluctuations relative to the market. As returns on the market increase, Ratchaphruek Hospital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ratchaphruek Hospital is expected to be smaller as well. Use Ratchaphruek Hospital potential upside, kurtosis, daily balance of power, as well as the relationship between the skewness and accumulation distribution , to analyze future returns on Ratchaphruek Hospital.
Auto-correlation | -0.37 |
Poor reverse predictability
Ratchaphruek Hospital Public has poor reverse predictability. Overlapping area represents the amount of predictability between Ratchaphruek Hospital time series from 12th of January 2023 to 23rd of December 2023 and 23rd of December 2023 to 2nd 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 Ratchaphruek Hospital price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Ratchaphruek Hospital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Ratchaphruek Hospital lagged returns against current returns
Autocorrelation, which is Ratchaphruek Hospital 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 Ratchaphruek Hospital's stock expected returns. We can calculate the autocorrelation of Ratchaphruek Hospital returns to help us make a trade decision. For example, suppose you find that Ratchaphruek Hospital 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 |
Ratchaphruek Hospital 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 Ratchaphruek Hospital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ratchaphruek Hospital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ratchaphruek Hospital stock over time.
Current vs Lagged Prices |
| Timeline |
Ratchaphruek Hospital Lagged Returns
When evaluating Ratchaphruek Hospital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ratchaphruek Hospital stock have on its future price. Ratchaphruek Hospital 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, Ratchaphruek Hospital autocorrelation shows the relationship between Ratchaphruek Hospital stock current value and its past values and can show if there is a momentum factor associated with investing in Ratchaphruek Hospital Public.
Regressed Prices |
| Timeline |
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Ratchaphruek Hospital financial ratios help investors to determine whether Ratchaphruek 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 Ratchaphruek with respect to the benefits of owning Ratchaphruek Hospital security.