RATCHAPHRUEK HOSPITAL (Thailand) Market Value

RPH
 Stock
  

THB 6.10  0.05  0.83%   

RATCHAPHRUEK HOSPITAL's market value is the price at which a share of RATCHAPHRUEK HOSPITAL stock trades on a public exchange. It measures the collective expectations of RATCHAPHRUEK HOSPITAL PUBLIC investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of RATCHAPHRUEK HOSPITAL PUBLIC and determine expected loss or profit from investing in RATCHAPHRUEK HOSPITAL over a given investment horizon. Additionally, take a look at RATCHAPHRUEK HOSPITAL Correlation, RATCHAPHRUEK HOSPITAL Volatility and RATCHAPHRUEK HOSPITAL Alpha and Beta module to complement your research on RATCHAPHRUEK HOSPITAL.
Symbol

Please note, there is a significant difference between RATCHAPHRUEK HOSPITAL's value and its price as these two are different measures arrived at by different means. Investors typically determine RATCHAPHRUEK HOSPITAL value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RATCHAPHRUEK HOSPITAL's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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.
0.00
09/02/2022
No Change 0.00  0.0 
In 31 days
10/02/2022
0.00
If you would invest  0.00  in RATCHAPHRUEK HOSPITAL on September 2, 2022 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 30 days. 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.

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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of RATCHAPHRUEK HOSPITAL's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of RATCHAPHRUEK HOSPITAL in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
4.016.108.19
Details
Intrinsic
Valuation
LowReal ValueHigh
4.206.298.38
Details
Naive
Forecast
LowNext ValueHigh
4.006.098.19
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.996.436.87
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as RATCHAPHRUEK HOSPITAL. Your research has to be compared to or analyzed against RATCHAPHRUEK HOSPITAL's peers to derive any actionable benefits. When done correctly, RATCHAPHRUEK HOSPITAL's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in RATCHAPHRUEK HOSPITAL.

RATCHAPHRUEK HOSPITAL Backtested Returns

RATCHAPHRUEK HOSPITAL maintains Sharpe Ratio (i.e., Efficiency) of -0.0575, which implies the company had -0.0575% of return per unit of standard deviation over the last 3 months. Macroaxis approach into forecasting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. RATCHAPHRUEK HOSPITAL exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check RATCHAPHRUEK HOSPITAL Coefficient Of Variation of (8,070), market risk adjusted performance of (0.08), and Mean Deviation of 1.54 to confirm the risk estimate we provide.
The firm holds a Beta of 0.4006, which implies possible diversification benefits within a given portfolio. Let's try to break down what RATCHAPHRUEK's beta means in this case. As returns on the market increase, RATCHAPHRUEK HOSPITAL returns are expected to increase less than the market. However, during the bear market, the loss on holding RATCHAPHRUEK HOSPITAL will be expected to be smaller as well. Even though it is essential to pay attention to RATCHAPHRUEK HOSPITAL current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Our approach into forecasting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. RATCHAPHRUEK HOSPITAL exposes twenty-one different technical indicators, which can help you to evaluate its performance. RATCHAPHRUEK HOSPITAL has an expected return of -0.12%. Please be advised to check RATCHAPHRUEK HOSPITAL treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside to decide if RATCHAPHRUEK HOSPITAL performance from the past will be repeated at future time.

Auto-correlation

    
  0.71  

Good predictability

RATCHAPHRUEK HOSPITAL PUBLIC has good predictability. Overlapping area represents the amount of predictability between RATCHAPHRUEK HOSPITAL time series from 2nd of September 2022 to 17th of September 2022 and 17th of September 2022 to 2nd of October 2022. 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 0.71 indicates that around 71.0% of current RATCHAPHRUEK HOSPITAL price fluctuation can be explain by its past prices.
Correlation Coefficient0.71
Spearman Rank Test0.33
Residual Average0.0
Price Variance0.0

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 stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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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   
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       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   
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       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards RATCHAPHRUEK HOSPITAL in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, RATCHAPHRUEK HOSPITAL's short interest history, or implied volatility extrapolated from RATCHAPHRUEK HOSPITAL options trading.

Currently Active Assets on Macroaxis

Additionally, take a look at RATCHAPHRUEK HOSPITAL Correlation, RATCHAPHRUEK HOSPITAL Volatility and RATCHAPHRUEK HOSPITAL Alpha and Beta module to complement your research on RATCHAPHRUEK HOSPITAL. You can also try Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Tools for RATCHAPHRUEK Stock

When running RATCHAPHRUEK HOSPITAL price analysis, check to measure RATCHAPHRUEK HOSPITAL'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 RATCHAPHRUEK HOSPITAL is operating at the current time. Most of RATCHAPHRUEK HOSPITAL's value examination focuses on studying past and present price action to predict the probability of RATCHAPHRUEK HOSPITAL's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move RATCHAPHRUEK HOSPITAL's price. Additionally, you may evaluate how the addition of RATCHAPHRUEK HOSPITAL to your portfolios can decrease your overall portfolio volatility.
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