OHTL Public (Thailand) Market Value
| OHTL Stock | THB 303.00 9.00 2.88% |
| Symbol | OHTL |
OHTL 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 OHTL 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 OHTL Public.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in OHTL Public on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding OHTL Public or generate 0.0% return on investment in OHTL Public over 30 days. OHTL Public is related to or competes with Laguna Resorts, Nonthavej Hospital, Ocean Glass, Royal Orchid, and Regional Container. OHTL Public Company Limited operates hotels, restaurants, and spas in Thailand More
OHTL 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 OHTL 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 OHTL Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 11.12 | |||
| Value At Risk | (4.21) | |||
| Potential Upside | 3.03 |
OHTL Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OHTL Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OHTL Public's standard deviation. In reality, there are many statistical measures that can use OHTL Public historical prices to predict the future OHTL Public's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.47) |
OHTL Public Backtested Returns
OHTL Public maintains Sharpe Ratio (i.e., Efficiency) of -0.0883, which implies the firm had a -0.0883 % return per unit of standard deviation over the last 3 months. OHTL Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OHTL Public's Coefficient Of Variation of (1,074), market risk adjusted performance of (0.46), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide. The company holds a Beta of 0.44, which implies possible diversification benefits within a given portfolio. As returns on the market increase, OHTL Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding OHTL Public is expected to be smaller as well. At this point, OHTL Public has a negative expected return of -0.19%. Please make sure to check OHTL Public's value at risk, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if OHTL Public performance from the past will be repeated at future time.
Auto-correlation | -0.61 |
Very good reverse predictability
OHTL Public has very good reverse predictability. Overlapping area represents the amount of predictability between OHTL Public time series from 31st of January 2025 to 15th of February 2025 and 15th of February 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 OHTL Public price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current OHTL Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 198.33 |
OHTL Public lagged returns against current returns
Autocorrelation, which is OHTL 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 OHTL Public's stock expected returns. We can calculate the autocorrelation of OHTL Public returns to help us make a trade decision. For example, suppose you find that OHTL 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 |
OHTL 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 OHTL Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OHTL Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OHTL Public stock over time.
Current vs Lagged Prices |
| Timeline |
OHTL Public Lagged Returns
When evaluating OHTL Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OHTL Public stock have on its future price. OHTL 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, OHTL Public autocorrelation shows the relationship between OHTL Public stock current value and its past values and can show if there is a momentum factor associated with investing in OHTL Public.
Regressed Prices |
| Timeline |
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OHTL Public financial ratios help investors to determine whether OHTL 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 OHTL with respect to the benefits of owning OHTL Public security.