Dental Public (Thailand) Market Value

D Stock  THB 2.22  0.02  0.91%   
Dental Public's market value is the price at which a share of Dental Public trades on a public exchange. It measures the collective expectations of Dental Public investors about its performance. Dental Public is selling for 2.22 as of the 2nd of March 2025. This is a 0.91 percent increase since the beginning of the trading day. The stock's last reported lowest price was 2.18.
With this module, you can estimate the performance of a buy and hold strategy of Dental Public and determine expected loss or profit from investing in Dental Public over a given investment horizon. Check out Dental Public Correlation, Dental Public Volatility and Dental Public Alpha and Beta module to complement your research on Dental Public.
Symbol

Please note, there is a significant difference between Dental Public's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dental Public is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dental Public'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.

Dental Public '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 Dental Public'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 Dental Public.
0.00
01/01/2025
No Change 0.00  0.0 
In 2 months and 1 day
03/02/2025
0.00
If you would invest  0.00  in Dental Public on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Dental Public or generate 0.0% return on investment in Dental Public over 60 days. Dental Public is related to or competes with Humanica Public, After You, Chularat Hospital, Comanche International, and Bangkok Chain. Dental Corporation Public Company Limited provides dental services and products in Thailand More

Dental Public 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 Dental Public'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 Dental Public upside and downside potential and time the market with a certain degree of confidence.

Dental Public Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dental Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dental Public's standard deviation. In reality, there are many statistical measures that can use Dental Public historical prices to predict the future Dental Public's volatility.
Hype
Prediction
LowEstimatedHigh
0.522.223.92
Details
Intrinsic
Valuation
LowRealHigh
0.342.043.74
Details
Naive
Forecast
LowNextHigh
0.622.324.02
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.082.252.43
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dental Public. Your research has to be compared to or analyzed against Dental Public's peers to derive any actionable benefits. When done correctly, Dental Public's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Dental Public.

Dental Public Backtested Returns

Dental Public secures Sharpe Ratio (or Efficiency) of -0.33, which denotes the company had a -0.33 % return per unit of risk over the last 3 months. Dental Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dental Public's Mean Deviation of 1.15, variance of 2.89, and Standard Deviation of 1.7 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dental Public are expected to decrease at a much lower rate. During the bear market, Dental Public is likely to outperform the market. At this point, Dental Public has a negative expected return of -0.55%. Please make sure to confirm Dental Public's skewness, rate of daily change, and the relationship between the value at risk and accumulation distribution , to decide if Dental Public performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.36  

Below average predictability

Dental Public has below average predictability. Overlapping area represents the amount of predictability between Dental Public time series from 1st of January 2025 to 31st of January 2025 and 31st of January 2025 to 2nd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dental Public price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Dental Public price fluctuation can be explain by its past prices.
Correlation Coefficient0.36
Spearman Rank Test0.11
Residual Average0.0
Price Variance0.01

Dental Public lagged returns against current returns

Autocorrelation, which is Dental Public 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 Dental Public's stock expected returns. We can calculate the autocorrelation of Dental Public returns to help us make a trade decision. For example, suppose you find that Dental Public 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  

Dental Public 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 Dental Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dental Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dental Public stock over time.
   Current vs Lagged Prices   
       Timeline  

Dental Public Lagged Returns

When evaluating Dental Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dental Public stock have on its future price. Dental Public 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, Dental Public autocorrelation shows the relationship between Dental Public stock current value and its past values and can show if there is a momentum factor associated with investing in Dental Public.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Dental Stock

Dental Public financial ratios help investors to determine whether Dental 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 Dental with respect to the benefits of owning Dental Public security.