Vibhavadi Medical (Thailand) Market Value
| VIBHA Stock | THB 2.22 0.01 0.45% |
| Symbol | Vibhavadi |
Vibhavadi Medical '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 Vibhavadi Medical'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 Vibhavadi Medical.
| 05/19/2022 |
| 05/08/2024 |
If you would invest 0.00 in Vibhavadi Medical on May 19, 2022 and sell it all today you would earn a total of 0.00 from holding Vibhavadi Medical Center or generate 0.0% return on investment in Vibhavadi Medical over 720 days. Vibhavadi Medical is related to or competes with CP ALL, Airports, Kasikornbank Public, and PTT Public. Vibhavadi Medical Center Public Company Limited operates a hospital under the Vibhavadi Hospital name in Thailand More
Vibhavadi Medical 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 Vibhavadi Medical'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 Vibhavadi Medical Center upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.45 | |||
| Information Ratio | 0.162 | |||
| Maximum Drawdown | 10.14 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 4.12 |
Vibhavadi Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vibhavadi Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vibhavadi Medical's standard deviation. In reality, there are many statistical measures that can use Vibhavadi Medical historical prices to predict the future Vibhavadi Medical's volatility.| Risk Adjusted Performance | 0.1329 | |||
| Jensen Alpha | 0.3903 | |||
| Total Risk Alpha | 0.1733 | |||
| Sortino Ratio | 0.2091 | |||
| Treynor Ratio | (1.14) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vibhavadi Medical'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.
Vibhavadi Medical Center Backtested Returns
Vibhavadi Medical appears to be relatively risky, given 3 months investment horizon. Vibhavadi Medical Center owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the firm had a 0.25% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Vibhavadi Medical Center, which you can use to evaluate the volatility of the company. Please review Vibhavadi Medical's Semi Deviation of 0.5895, risk adjusted performance of 0.1329, and Coefficient Of Variation of 494.78 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Vibhavadi Medical holds a performance score of 19. The entity has a beta of -0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Vibhavadi Medical are expected to decrease at a much lower rate. During the bear market, Vibhavadi Medical is likely to outperform the market. Please check Vibhavadi Medical's coefficient of variation, sortino ratio, potential upside, as well as the relationship between the jensen alpha and maximum drawdown , to make a quick decision on whether Vibhavadi Medical's existing price patterns will revert.
Auto-correlation | -0.56 |
Good reverse predictability
Vibhavadi Medical Center has good reverse predictability. Overlapping area represents the amount of predictability between Vibhavadi Medical time series from 19th of May 2022 to 14th of May 2023 and 14th of May 2023 to 8th of May 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 Vibhavadi Medical Center price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Vibhavadi Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Vibhavadi Medical Center lagged returns against current returns
Autocorrelation, which is Vibhavadi Medical 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 Vibhavadi Medical's stock expected returns. We can calculate the autocorrelation of Vibhavadi Medical returns to help us make a trade decision. For example, suppose you find that Vibhavadi Medical 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 |
Vibhavadi Medical 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 Vibhavadi Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vibhavadi Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vibhavadi Medical stock over time.
Current vs Lagged Prices |
| Timeline |
Vibhavadi Medical Lagged Returns
When evaluating Vibhavadi Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vibhavadi Medical stock have on its future price. Vibhavadi Medical 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, Vibhavadi Medical autocorrelation shows the relationship between Vibhavadi Medical stock current value and its past values and can show if there is a momentum factor associated with investing in Vibhavadi Medical Center.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Vibhavadi Medical Correlation, Vibhavadi Medical Volatility and Vibhavadi Medical Alpha and Beta module to complement your research on Vibhavadi Medical. Note that the Vibhavadi Medical Center information on this page should be used as a complementary analysis to other Vibhavadi Medical's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Vibhavadi Stock analysis
When running Vibhavadi Medical's price analysis, check to measure Vibhavadi Medical'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 Vibhavadi Medical is operating at the current time. Most of Vibhavadi Medical's value examination focuses on studying past and present price action to predict the probability of Vibhavadi Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vibhavadi Medical's price. Additionally, you may evaluate how the addition of Vibhavadi Medical to your portfolios can decrease your overall portfolio volatility.
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Vibhavadi Medical 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.