Dusit Thani (Thailand) Volatility
| DREIT Stock | THB 4.98 0.02 0.40% |
Dusit Thani is out of control given 3 months investment horizon. Dusit Thani Freehold secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have analyzed thirty different technical indicators, which can help you to evaluate if expected returns of 14.32% are justified by taking the suggested risk. Use Dusit Thani Coefficient Of Variation of 5167.99, mean deviation of 0.9491, and Downside Deviation of 1.89 to evaluate company specific risk that cannot be diversified away. Key indicators related to Dusit Thani's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Dusit Thani Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Dusit daily returns, and it is calculated using variance and standard deviation. We also use Dusit's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Dusit Thani volatility.
Dusit |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Dusit Thani can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game as hey may decide to buy additional stocks of Dusit Thani at lower prices to lower their average cost per share. Similarly, when the prices of Dusit Thani's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Dusit Thani Market Sensitivity And Downside Risk
Dusit Thani's beta coefficient measures the volatility of Dusit stock compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Dusit stock's returns against your selected market. In other words, Dusit Thani's beta of -0.0658 provides an investor with an approximation of how much risk Dusit Thani stock can potentially add to one of your existing portfolios. Dusit Thani Freehold has relatively low volatility with skewness of 0.87 and kurtosis of 3.23. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Dusit Thani's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Dusit Thani's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze Dusit Thani Freehold Demand TrendCheck current 90 days Dusit Thani correlation with market (Dow Jones Industrial)Dusit Beta |
Dusit standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 126.83 |
It is essential to understand the difference between upside risk (as represented by Dusit Thani's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Dusit Thani's daily returns or price. Since the actual investment returns on holding a position in dusit stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Dusit Thani.
Dusit Thani Freehold Stock Volatility Analysis
Volatility refers to the frequency at which Dusit Thani stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Dusit Thani's price changes. Investors will then calculate the volatility of Dusit Thani's stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Dusit Thani's volatility:
Historical Volatility
This type of stock volatility measures Dusit Thani's fluctuations based on previous trends. It's commonly used to predict Dusit Thani's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Dusit Thani's current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Dusit Thani's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Dusit Thani Freehold Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Dusit Thani Projected Return Density Against Market
Assuming the 90 days trading horizon Dusit Thani Freehold has a beta of -0.0658 suggesting as returns on the benchmark increase, returns on holding Dusit Thani are expected to decrease at a much lower rate. During a bear market, however, Dusit Thani Freehold is likely to outperform the market.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Dusit Thani or Real Estate sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Dusit Thani's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Dusit stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Dusit Thani Freehold has an alpha of 0.0284, implying that it can generate a 0.0284 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Dusit Thani Price Volatility?
Several factors can influence a stock's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Dusit Thani Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Dusit Thani is 885.8. The daily returns are distributed with a variance of 16084.62 and standard deviation of 126.83. The mean deviation of Dusit Thani Freehold is currently at 31.29. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 126.83 | |
Ir | Information ratio | -0.06 |
Dusit Thani Stock Return Volatility
Dusit Thani historical daily return volatility represents how much of Dusit Thani stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company accepts 126.8252% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7716% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Dusit Thani Volatility
Volatility is a rate at which the price of Dusit Thani or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Dusit Thani may increase or decrease. In other words, similar to Dusit's beta indicator, it measures the risk of Dusit Thani and helps estimate the fluctuations that may happen in a short period of time. So if prices of Dusit Thani fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.Dusit Thani Freehold and Leasehold Real Estate Investment Trust is a real estate investment trust. The firm focuses on investing in high potential freehold or leasehold properties especially in hotel properties, as well as investing in other assets that favor hotel-related business, such as meeting and convention room, restaurants, fitness center, spa, swimming pool, tennis court etc. DUSIT THANI operates under REITHotel Motel classification in Thailand and is traded on Stock Exchange of Thailand.
Dusit Thani's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Dusit Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Dusit Thani's price varies over time.
3 ways to utilize Dusit Thani's volatility to invest better
Higher Dusit Thani's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Dusit Thani Freehold stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Dusit Thani Freehold stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Dusit Thani Freehold investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Dusit Thani's stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Dusit Thani's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Dusit Thani Investment Opportunity
Dusit Thani Freehold has a volatility of 126.83 and is 164.71 times more volatile than Dow Jones Industrial. 96 percent of all equities and portfolios are less risky than Dusit Thani. You can use Dusit Thani Freehold to protect your portfolios against small market fluctuations. The stock experiences a normal downward trend and little activity. Check odds of Dusit Thani to be traded at 4.93 in 90 days.Good diversification
The correlation between Dusit Thani Freehold and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dusit Thani Freehold and DJI in the same portfolio, assuming nothing else is changed.
Dusit Thani Additional Risk Indicators
The analysis of Dusit Thani's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Dusit Thani's investment and either accepting that risk or mitigating it. Along with some common measures of Dusit Thani stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.0199 | |||
| Market Risk Adjusted Performance | (0.30) | |||
| Mean Deviation | 0.9491 | |||
| Semi Deviation | 1.17 | |||
| Downside Deviation | 1.89 | |||
| Coefficient Of Variation | 5167.99 | |||
| Standard Deviation | 1.58 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Dusit Thani Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Dusit Thani as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Dusit Thani's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Dusit Thani's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Dusit Thani Freehold.
Complementary Tools for Dusit Stock analysis
When running Dusit Thani's price analysis, check to measure Dusit Thani's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dusit Thani is operating at the current time. Most of Dusit Thani's value examination focuses on studying past and present price action to predict the probability of Dusit Thani's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dusit Thani's price. Additionally, you may evaluate how the addition of Dusit Thani to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |