Mahachai Hospital (Thailand) Market Value

M-CHAI Stock  THB 22.40  0.40  1.75%   
Mahachai Hospital's market value is the price at which a share of Mahachai Hospital trades on a public exchange. It measures the collective expectations of Mahachai Hospital Public investors about its performance. Mahachai Hospital is trading at 22.40 as of the 1st of March 2025, a 1.75 percent decrease since the beginning of the trading day. The stock's open price was 22.8.
With this module, you can estimate the performance of a buy and hold strategy of Mahachai Hospital Public and determine expected loss or profit from investing in Mahachai Hospital over a given investment horizon. Check out Mahachai Hospital Correlation, Mahachai Hospital Volatility and Mahachai Hospital Alpha and Beta module to complement your research on Mahachai Hospital.
Symbol

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

Mahachai Hospital '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 Mahachai Hospital'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 Mahachai Hospital.
0.00
01/30/2025
No Change 0.00  0.0 
In 31 days
03/01/2025
0.00
If you would invest  0.00  in Mahachai Hospital on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding Mahachai Hospital Public or generate 0.0% return on investment in Mahachai Hospital over 30 days. Mahachai Hospital is related to or competes with Ladprao General, Nonthavej Hospital, Wattana Karnpaet, Thonburi Medical, and Aikchol Hospital. Mahachai Hospital Public Company Limited operates private hospitals under the Mahachai Hospital name in Thailand More

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

Mahachai Hospital Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Mahachai Hospital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mahachai Hospital's standard deviation. In reality, there are many statistical measures that can use Mahachai Hospital historical prices to predict the future Mahachai Hospital's volatility.
Hype
Prediction
LowEstimatedHigh
20.9322.4023.87
Details
Intrinsic
Valuation
LowRealHigh
19.3220.7924.64
Details
Naive
Forecast
LowNextHigh
20.5221.9923.46
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
22.4424.5426.63
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Mahachai Hospital. Your research has to be compared to or analyzed against Mahachai Hospital's peers to derive any actionable benefits. When done correctly, Mahachai Hospital'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 Mahachai Hospital Public.

Mahachai Hospital Public Backtested Returns

Mahachai Hospital Public has Sharpe Ratio of -0.26, which conveys that the firm had a -0.26 % return per unit of risk over the last 3 months. Mahachai Hospital exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mahachai Hospital's Risk Adjusted Performance of (0.18), standard deviation of 1.43, and Mean Deviation of 1.03 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0057, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mahachai Hospital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mahachai Hospital is expected to be smaller as well. At this point, Mahachai Hospital Public has a negative expected return of -0.39%. Please make sure to verify Mahachai Hospital's potential upside, daily balance of power, and the relationship between the maximum drawdown and kurtosis , to decide if Mahachai Hospital Public performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.67  

Good predictability

Mahachai Hospital Public has good predictability. Overlapping area represents the amount of predictability between Mahachai Hospital time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st 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 Mahachai Hospital Public price movement. The serial correlation of 0.67 indicates that around 67.0% of current Mahachai Hospital price fluctuation can be explain by its past prices.
Correlation Coefficient0.67
Spearman Rank Test0.57
Residual Average0.0
Price Variance1.01

Mahachai Hospital Public lagged returns against current returns

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

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

Mahachai Hospital Lagged Returns

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

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Other Information on Investing in Mahachai Stock

Mahachai Hospital financial ratios help investors to determine whether Mahachai 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 Mahachai with respect to the benefits of owning Mahachai Hospital security.