Ratch Group (Thailand) Market Value
| RATCH-R Stock | THB 32.25 1.25 4.03% |
| Symbol | Ratch |
Ratch Group '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 Ratch Group'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 Ratch Group.
| 08/06/2024 |
| 12/04/2024 |
If you would invest 0.00 in Ratch Group on August 6, 2024 and sell it all today you would earn a total of 0.00 from holding Ratch Group Public or generate 0.0% return on investment in Ratch Group over 120 days. Ratch Group is related to or competes with Electricity Generating, Siam Cement, PTT Exploration, and PTT Public. Ratchaburi Electricity Generating Holding Public Company Limited, through its subsidiaries, generates and sells electricity in Thailand and internationally. More
Ratch Group 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 Ratch Group'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 Ratch Group Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0014 | |||
| Maximum Drawdown | 33.71 | |||
| Potential Upside | 1.49 |
Ratch Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ratch Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ratch Group's standard deviation. In reality, there are many statistical measures that can use Ratch Group historical prices to predict the future Ratch Group's volatility.| Risk Adjusted Performance | 0.0371 | |||
| Jensen Alpha | 0.1484 | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.27) |
Ratch Group Public Backtested Returns
Ratch Group is out of control given 3 months investment horizon. Ratch Group Public maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We were able to break down twenty-three different technical indicators, which can help you to evaluate if expected returns of 14.13% are justified by taking the suggested risk. Use Ratch Group Risk Adjusted Performance of 0.0371, coefficient of variation of 2578.61, and Variance of 9.17 to evaluate company specific risk that cannot be diversified away. Ratch Group holds a performance score of 8 on a scale of zero to a hundred. The company holds a Beta of -0.4, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ratch Group are expected to decrease at a much lower rate. During the bear market, Ratch Group is likely to outperform the market. Use Ratch Group potential upside, daily balance of power, as well as the relationship between the Daily Balance Of Power and market facilitation index , to analyze future returns on Ratch Group.
Auto-correlation | -0.07 |
Very weak reverse predictability
Ratch Group Public has very weak reverse predictability. Overlapping area represents the amount of predictability between Ratch Group time series from 6th of August 2024 to 5th of October 2024 and 5th of October 2024 to 4th 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 Ratch Group Public price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Ratch Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 33.97 |
Ratch Group Public lagged returns against current returns
Autocorrelation, which is Ratch Group 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 Ratch Group's stock expected returns. We can calculate the autocorrelation of Ratch Group returns to help us make a trade decision. For example, suppose you find that Ratch Group 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 |
Ratch Group 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 Ratch Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ratch Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ratch Group stock over time.
Current vs Lagged Prices |
| Timeline |
Ratch Group Lagged Returns
When evaluating Ratch Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ratch Group stock have on its future price. Ratch Group 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, Ratch Group autocorrelation shows the relationship between Ratch Group stock current value and its past values and can show if there is a momentum factor associated with investing in Ratch Group Public.
Regressed Prices |
| Timeline |
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When running Ratch Group's price analysis, check to measure Ratch Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ratch Group is operating at the current time. Most of Ratch Group's value examination focuses on studying past and present price action to predict the probability of Ratch Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ratch Group's price. Additionally, you may evaluate how the addition of Ratch Group to your portfolios can decrease your overall portfolio volatility.