QUALITY HOUSES (Thailand) Volatility

QHPF
 Stock
  

THB 9.60  0.05  0.52%   

QUALITY HOUSES LEASE retains Efficiency (Sharpe Ratio) of -0.0386, which implies the firm had -0.0386% of return per unit of risk over the last 3 months. Macroaxis philosophy in 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. QUALITY HOUSES exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check QUALITY HOUSES LEASEHOLD market risk adjusted performance of 1.5 to confirm the risk estimate we provide.
  
QUALITY HOUSES 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 QUALITY daily returns, and it is calculated using variance and standard deviation. We also use QUALITY's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of QUALITY HOUSES volatility.

690 Days Market Risk

Very steady

Chance of Distress

Below Average

690 Days Economic Sensitivity

Moves indifferently to market moves
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as QUALITY HOUSES can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of QUALITY HOUSES at lower prices. For example, an investor can purchase QUALITY stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of QUALITY HOUSES's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.

Moving together with QUALITY HOUSES

+0.63SEAOIL-RSEA OIL PUBLICPairCorr
+0.74RBFRB FOOD SUPPLYPairCorr

QUALITY HOUSES Market Sensitivity And Downside Risk

QUALITY HOUSES's beta coefficient measures the volatility of QUALITY stock compared to the systematic risk of the entire stock 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 QUALITY stock's returns against your selected market. In other words, QUALITY HOUSES's beta of -0.0308 provides an investor with an approximation of how much risk QUALITY HOUSES stock can potentially add to one of your existing portfolios.
QUALITY HOUSES LEASEHOLD exhibits very low volatility with skewness of -1.23 and kurtosis of 5.69. However, we advise investors to further study QUALITY HOUSES LEASEHOLD technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure QUALITY HOUSES'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 QUALITY HOUSES'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 stocks as prices fall.
3 Months Beta |Analyze QUALITY HOUSES LEASE Demand Trend
Check current 90 days QUALITY HOUSES correlation with market (DOW)

QUALITY Beta

    
  -0.0308  
QUALITY standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity 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

    
  0.81  
It is essential to understand the difference between upside risk (as represented by QUALITY HOUSES's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of QUALITY HOUSES's daily returns or price. Since the actual investment returns on holding a position in quality 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 QUALITY HOUSES.

QUALITY HOUSES LEASE Stock Volatility Analysis

Volatility refers to the frequency at which QUALITY HOUSES stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with QUALITY HOUSES's price changes. Investors will then calculate the volatility of QUALITY HOUSES'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 QUALITY HOUSES's volatility:

Historical Volatility

This type of stock volatility measures QUALITY HOUSES's fluctuations based on previous trends. It's commonly used to predict QUALITY HOUSES'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 QUALITY HOUSES'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 QUALITY HOUSES'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. The Median Price line plots median indexes of QUALITY HOUSES LEASE price series.
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QUALITY HOUSES Projected Return Density Against Market

Assuming the 90 days trading horizon QUALITY HOUSES LEASEHOLD has a beta of -0.0308 indicating as returns on benchmark increase, returns on holding QUALITY HOUSES are expected to decrease at a much lower rate. During the bear market, however, QUALITY HOUSES LEASEHOLD 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 QUALITY HOUSES 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 QUALITY HOUSES'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 QUALITY 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.
The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. QUALITY HOUSES LEASE is significantly underperforming DOW.
   Predicted Return Density   
       Returns  
QUALITY HOUSES's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how quality stock's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives a QUALITY HOUSES Price Volatility?

Several factors can influence a Stock's stock 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.

QUALITY HOUSES Stock Risk Measures

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 QUALITY HOUSES 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 QUALITY HOUSES'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 QUALITY 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. Assuming the 90 days trading horizon the coefficient of variation of QUALITY HOUSES is -2591.05. The daily returns are distributed with a variance of 0.65 and standard deviation of 0.81. The mean deviation of QUALITY HOUSES LEASEHOLD is currently at 0.51. For similar time horizon, the selected benchmark (DOW) has volatility of 1.14
α
Alpha over DOW
-0.05
β
Beta against DOW-0.03
σ
Overall volatility
0.81
Ir
Information ratio 0.0035

QUALITY HOUSES Stock Return Volatility

QUALITY HOUSES historical daily return volatility represents how much of QUALITY HOUSES stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm accepts 0.8067% volatility on return distribution over the 90 days horizon. By contrast, DOW inherits 1.1138% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
       Timeline  

About QUALITY HOUSES Volatility

Volatility is a rate at which the price of QUALITY HOUSES 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 QUALITY HOUSES may increase or decrease. In other words, similar to QUALITY's beta indicator, it measures the risk of QUALITY HOUSES and helps estimate the fluctuations that may happen in a short period of time. So if prices of QUALITY HOUSES 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.
Quality Houses Leasehold Property Fund is a fund of Land and Houses Fund Management Co., Ltd. QUALITY HOUSES operates under REITOffice classification in Thailand and is traded on Stock Exchange of Thailand.

QUALITY HOUSES Investment Opportunity

DOW has a standard deviation of returns of 1.11 and is 1.37 times more volatile than QUALITY HOUSES LEASEHOLD. of all equities and portfolios are less risky than QUALITY HOUSES. Compared to the overall equity markets, volatility of historical daily returns of QUALITY HOUSES LEASEHOLD is lower than 7 () of all global equities and portfolios over the last 90 days. Use QUALITY HOUSES LEASEHOLD to enhance the returns of your portfolios. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences a moderate upward volatility. Check odds of QUALITY HOUSES to be traded at 10.56 in 90 days.

Good diversification

The correlation between QUALITY HOUSES LEASEHOLD PROPE and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding QUALITY HOUSES LEASEHOLD PROPE and DJI in the same portfolio, assuming nothing else is changed.

QUALITY HOUSES Additional Risk Indicators

The analysis of QUALITY HOUSES'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 QUALITY HOUSES's investment and either accepting that risk or mitigating it. Along with some common measures of QUALITY HOUSES 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.
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.

QUALITY HOUSES 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 QUALITY HOUSES 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. QUALITY HOUSES'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, QUALITY HOUSES'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 QUALITY HOUSES LEASEHOLD.
Please see Your Equity Center. You can also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Other Tools for QUALITY Stock

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