Ekachai Medical (Thailand) Market Value

EKH Stock  THB 6.55  0.05  0.77%   
Ekachai Medical's market value is the price at which a share of Ekachai Medical trades on a public exchange. It measures the collective expectations of Ekachai Medical Care investors about its performance. Ekachai Medical is selling for 6.55 as of the 15th of March 2025. This is a 0.77 percent increase since the beginning of the trading day. The stock's last reported lowest price was 6.45.
With this module, you can estimate the performance of a buy and hold strategy of Ekachai Medical Care and determine expected loss or profit from investing in Ekachai Medical over a given investment horizon. Check out Ekachai Medical Correlation, Ekachai Medical Volatility and Ekachai Medical Alpha and Beta module to complement your research on Ekachai Medical.
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Please note, there is a significant difference between Ekachai Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ekachai Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ekachai Medical'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.

Ekachai 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 Ekachai 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 Ekachai Medical.
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12/15/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/15/2025
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If you would invest  0.00  in Ekachai Medical on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Ekachai Medical Care or generate 0.0% return on investment in Ekachai Medical over 90 days. Ekachai Medical is related to or competes with Chularat Hospital, Bangkok Chain, Bangkok Dusit, Rajthanee Hospital, and Srivichaivejvivat. Ekachai Medical Care Public Company Limited, together with its subsidiaries, operates Ekachai hospital in Thailand More

Ekachai 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 Ekachai 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 Ekachai Medical Care upside and downside potential and time the market with a certain degree of confidence.

Ekachai Medical Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ekachai Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ekachai Medical's standard deviation. In reality, there are many statistical measures that can use Ekachai Medical historical prices to predict the future Ekachai Medical's volatility.
Hype
Prediction
LowEstimatedHigh
5.176.557.93
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Intrinsic
Valuation
LowRealHigh
5.026.407.78
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Ekachai Medical Care Backtested Returns

As of now, Ekachai Stock is not too volatile. Ekachai Medical Care secures Sharpe Ratio (or Efficiency) of 0.0336, which denotes the company had a 0.0336 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Ekachai Medical Care, which you can use to evaluate the volatility of the firm. Please confirm Ekachai Medical's Mean Deviation of 0.9973, semi deviation of 1.17, and Downside Deviation of 1.63 to check if the risk estimate we provide is consistent with the expected return of 0.046%. Ekachai Medical has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.36, which means possible diversification benefits within a given portfolio. As returns on the market increase, Ekachai Medical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ekachai Medical is expected to be smaller as well. Ekachai Medical Care right now shows a risk of 1.37%. Please confirm Ekachai Medical Care semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Ekachai Medical Care will be following its price patterns.

Auto-correlation

    
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Virtually no predictability

Ekachai Medical Care has virtually no predictability. Overlapping area represents the amount of predictability between Ekachai Medical time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Ekachai Medical Care price movement. The serial correlation of 0.01 indicates that just 1.0% of current Ekachai Medical price fluctuation can be explain by its past prices.
Correlation Coefficient0.01
Spearman Rank Test-0.45
Residual Average0.0
Price Variance0.02

Ekachai Medical Care lagged returns against current returns

Autocorrelation, which is Ekachai 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 Ekachai Medical's stock expected returns. We can calculate the autocorrelation of Ekachai Medical returns to help us make a trade decision. For example, suppose you find that Ekachai 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   
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Ekachai 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 Ekachai Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ekachai Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ekachai Medical stock over time.
   Current vs Lagged Prices   
       Timeline  

Ekachai Medical Lagged Returns

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

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Other Information on Investing in Ekachai Stock

Ekachai Medical financial ratios help investors to determine whether Ekachai 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 Ekachai with respect to the benefits of owning Ekachai Medical security.