LH Hotel (Thailand) Market Value
| LHHOTEL Stock | THB 11.11 2.09 15.83% |
| Symbol | LHHOTEL |
LH Hotel '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 LH Hotel'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 LH Hotel.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in LH Hotel on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding LH Hotel Leasehold or generate 0.0% return on investment in LH Hotel over 720 days. LH Hotel is related to or competes with LH Shopping, Quality Houses, Impact Growth, CPN Retail, and WHA Premium. LH Hotel Leasehold Real Estate Investment Trust operates as a real estate investment trust in Thailand More
LH Hotel 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 LH Hotel'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 LH Hotel Leasehold upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 6.89 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 2.44 |
LH Hotel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LH Hotel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LH Hotel's standard deviation. In reality, there are many statistical measures that can use LH Hotel historical prices to predict the future LH Hotel's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | 0.4742 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LH Hotel'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.
LH Hotel Leasehold Backtested Returns
LH Hotel Leasehold retains Efficiency (Sharpe Ratio) of -0.0326, which conveys that the firm had a -0.0326% return per unit of price deviation over the last 3 months. LH Hotel exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LH Hotel's Market Risk Adjusted Performance of 0.4842, mean deviation of 1.2, and Information Ratio of (0.11) to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning LH Hotel are expected to decrease at a much lower rate. During the bear market, LH Hotel is likely to outperform the market. At this point, LH Hotel Leasehold has a negative expected return of -0.0783%. Please make sure to verify LH Hotel's treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if LH Hotel Leasehold performance from the past will be repeated sooner or later.
Auto-correlation | -0.61 |
Very good reverse predictability
LH Hotel Leasehold has very good reverse predictability. Overlapping area represents the amount of predictability between LH Hotel 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 LH Hotel Leasehold price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current LH Hotel price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.94 |
LH Hotel Leasehold lagged returns against current returns
Autocorrelation, which is LH Hotel 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 LH Hotel's stock expected returns. We can calculate the autocorrelation of LH Hotel returns to help us make a trade decision. For example, suppose you find that LH Hotel 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 |
LH Hotel 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 LH Hotel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LH Hotel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LH Hotel stock over time.
Current vs Lagged Prices |
| Timeline |
LH Hotel Lagged Returns
When evaluating LH Hotel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LH Hotel stock have on its future price. LH Hotel 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, LH Hotel autocorrelation shows the relationship between LH Hotel stock current value and its past values and can show if there is a momentum factor associated with investing in LH Hotel Leasehold.
Regressed Prices |
| Timeline |
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LH Hotel financial ratios help investors to determine whether LHHOTEL 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 LHHOTEL with respect to the benefits of owning LH Hotel security.