Ratchaphruek Hospital (Thailand) Alpha and Beta Analysis

RPH
 Stock
  

THB 6.10  0.00  0.00%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Ratchaphruek Hospital Public. It also helps investors analyze the systematic and unsystematic risks associated with investing in Ratchaphruek Hospital over a specified time horizon. Remember, high Ratchaphruek Hospital's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Additionally, take a look at Ratchaphruek Hospital Backtesting, Ratchaphruek Hospital Valuation, Ratchaphruek Hospital Correlation, Ratchaphruek Hospital Hype Analysis, Ratchaphruek Hospital Volatility, Ratchaphruek Hospital History and analyze Ratchaphruek Hospital Performance.
  
Please note that although Ratchaphruek Hospital alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Ratchaphruek Hospital did 0.11  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Ratchaphruek Hospital Public stock's relative risk over its benchmark. Ratchaphruek Hospital has a beta of 0.0124  . Let's try to break down what Ratchaphruek's beta means in this case. As returns on the market increase, returns on owning Ratchaphruek Hospital are expected to decrease at a much lower rate. During the bear market, Ratchaphruek Hospital is likely to outperform the market.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Ratchaphruek Hospital Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Ratchaphruek Hospital market risk premium is the additional return an investor will receive from holding Ratchaphruek Hospital long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ratchaphruek Hospital. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Ratchaphruek Hospital's performance over market.
α-0.11   β-0.01
90 days against NYA

Ratchaphruek Hospital expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Ratchaphruek Hospital's Buy-and-hold return. Our buy-and-hold chart shows how Ratchaphruek Hospital performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Ratchaphruek Hospital Market Price Analysis

Market price analysis indicators help investors to evaluate how Ratchaphruek Hospital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ratchaphruek Hospital shares will generate the highest return on investment. By understating and applying Ratchaphruek Hospital stock market price indicators, traders can identify Ratchaphruek Hospital position entry and exit signals to maximize returns.

Ratchaphruek Hospital Return and Market Media

The median price of Ratchaphruek Hospital for the period between Tue, Sep 6, 2022 and Mon, Dec 5, 2022 is 6.1 with a coefficient of variation of 12.81. The daily time series for the period is distributed with a sample standard deviation of 0.78, arithmetic mean of 6.06, and mean deviation of 0.22. The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About Ratchaphruek Hospital Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Ratchaphruek or other stocks. Alpha measures the amount that position in Ratchaphruek Hospital has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
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.

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Ratchaphruek Hospital technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Ratchaphruek Hospital technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ratchaphruek Hospital trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...