Bangkok Dusit (Thailand) Market Value
| BDMS-R Stock | THB 25.25 2.75 9.82% |
| Symbol | Bangkok |
Bangkok Dusit '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 Bangkok Dusit'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 Bangkok Dusit.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Bangkok Dusit on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Bangkok Dusit Medical or generate 0.0% return on investment in Bangkok Dusit over 720 days. Bangkok Dusit is related to or competes with Bangkok Dusit, Bangkok Chain, Chularat Hospital, Chularat Hospital, Nonthavej Hospital, and Ekachai Medical. Bangkok Dusit Medical Services Public Company Limited engages in the hospital business in Thailand and internationally. More
Bangkok Dusit 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 Bangkok Dusit'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 Bangkok Dusit Medical upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 2.15 |
Bangkok Dusit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bangkok Dusit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bangkok Dusit's standard deviation. In reality, there are many statistical measures that can use Bangkok Dusit historical prices to predict the future Bangkok Dusit's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | 1.75 |
Bangkok Dusit Medical Backtested Returns
Bangkok Dusit is out of control given 3 months investment horizon. Bangkok Dusit Medical secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We have collected data for twenty-one different technical indicators, which can help you to evaluate if expected returns of 30.02% are justified by taking the suggested risk. Use Bangkok Dusit Mean Deviation of 0.3273, standard deviation of 1.24, and Risk Adjusted Performance of (0.08) to evaluate company specific risk that cannot be diversified away. Bangkok Dusit holds a performance score of 13 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.083, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bangkok Dusit are expected to decrease at a much lower rate. During the bear market, Bangkok Dusit is likely to outperform the market. Use Bangkok Dusit information ratio, total risk alpha, kurtosis, as well as the relationship between the jensen alpha and treynor ratio , to analyze future returns on Bangkok Dusit.
Auto-correlation | 0.11 |
Insignificant predictability
Bangkok Dusit Medical has insignificant predictability. Overlapping area represents the amount of predictability between Bangkok Dusit time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 Bangkok Dusit Medical price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Bangkok Dusit price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 6.53 |
Bangkok Dusit Medical lagged returns against current returns
Autocorrelation, which is Bangkok Dusit 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 Bangkok Dusit's stock expected returns. We can calculate the autocorrelation of Bangkok Dusit returns to help us make a trade decision. For example, suppose you find that Bangkok Dusit 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 |
Bangkok Dusit 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 Bangkok Dusit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bangkok Dusit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bangkok Dusit stock over time.
Current vs Lagged Prices |
| Timeline |
Bangkok Dusit Lagged Returns
When evaluating Bangkok Dusit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bangkok Dusit stock have on its future price. Bangkok Dusit 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, Bangkok Dusit autocorrelation shows the relationship between Bangkok Dusit stock current value and its past values and can show if there is a momentum factor associated with investing in Bangkok Dusit Medical.
Regressed Prices |
| Timeline |
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Bangkok Dusit financial ratios help investors to determine whether Bangkok Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bangkok with respect to the benefits of owning Bangkok Dusit security.