Ratch Group (Thailand) Market Value

RATCH-R Stock  THB 30.75  0.25  0.81%   
Ratch Group's market value is the price at which a share of Ratch Group trades on a public exchange. It measures the collective expectations of Ratch Group Public investors about its performance. Ratch Group is selling at 30.75 as of the 24th of December 2024; that is 0.81 percent decrease since the beginning of the trading day. The stock's lowest day price was 30.75.
With this module, you can estimate the performance of a buy and hold strategy of Ratch Group Public and determine expected loss or profit from investing in Ratch Group over a given investment horizon. Check out Ratch Group Correlation, Ratch Group Volatility and Ratch Group Alpha and Beta module to complement your research on Ratch Group.
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Please note, there is a significant difference between Ratch Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ratch Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ratch Group'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.

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.
0.00
11/24/2024
No Change 0.00  0.0 
In 31 days
12/24/2024
0.00
If you would invest  0.00  in Ratch Group on November 24, 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 30 days. Ratch Group is related to or competes with Electricity Generating, Intouch Holdings, GULF ENERGY, and Global Power. 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.

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.
Hype
Prediction
LowEstimatedHigh
1.5430.753,106
Details
Intrinsic
Valuation
LowRealHigh
1.0320.503,096
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ratch Group. Your research has to be compared to or analyzed against Ratch Group's peers to derive any actionable benefits. When done correctly, Ratch Group'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 Ratch Group Public.

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-one different technical indicators, which can help you to evaluate if expected returns of 14.76% are justified by taking the suggested risk. Use Ratch Group Coefficient Of Variation of (963.52), variance of 4.46, and Risk Adjusted Performance of (0.08) 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 -0.28, which implies not very significant fluctuations relative to the market. 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 treynor ratio, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to analyze future returns on Ratch Group.

Auto-correlation

    
  -0.85  

Excellent reverse predictability

Ratch Group Public has excellent reverse predictability. Overlapping area represents the amount of predictability between Ratch Group time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 -0.85 indicates that around 85.0% of current Ratch Group price fluctuation can be explain by its past prices.
Correlation Coefficient-0.85
Spearman Rank Test-0.41
Residual Average0.0
Price Variance0.35

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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Additional Tools for Ratch Stock Analysis

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.