Richy Place (Thailand) Market Value
| RICHY Stock | THB 0.40 0.02 4.76% |
| Symbol | Richy |
Richy Place '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 Richy Place'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 Richy Place.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in Richy Place on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Richy Place 2002 or generate 0.0% return on investment in Richy Place over 720 days. Richy Place is related to or competes with Bangkok Bank, Siam Cement, PTT Public, SCB X, and Krung Thai. Richy Place 2002 Public Company Limited develops and sells property and condominiums in Thailand More
Richy Place 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 Richy Place'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 Richy Place 2002 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 27.8 | |||
| Value At Risk | (6.38) | |||
| Potential Upside | 5.56 |
Richy Place Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Richy Place's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Richy Place's standard deviation. In reality, there are many statistical measures that can use Richy Place historical prices to predict the future Richy Place's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (2.36) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Richy Place'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.
Richy Place 2002 Backtested Returns
Richy Place 2002 maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13% return per unit of risk over the last 3 months. Richy Place 2002 exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Richy Place's Variance of 14.7, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,622) to confirm the risk estimate we provide. The company holds a Beta of 0.1, which implies not very significant fluctuations relative to the market. As returns on the market increase, Richy Place's returns are expected to increase less than the market. However, during the bear market, the loss of holding Richy Place is expected to be smaller as well. At this point, Richy Place 2002 has a negative expected return of -0.5%. Please make sure to check Richy Place's maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Richy Place 2002 performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.64 |
Good predictability
Richy Place 2002 has good predictability. Overlapping area represents the amount of predictability between Richy Place time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 Richy Place 2002 price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Richy Place price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Richy Place 2002 lagged returns against current returns
Autocorrelation, which is Richy Place 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 Richy Place's stock expected returns. We can calculate the autocorrelation of Richy Place returns to help us make a trade decision. For example, suppose you find that Richy Place 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 |
Richy Place 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 Richy Place stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Richy Place stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Richy Place stock over time.
Current vs Lagged Prices |
| Timeline |
Richy Place Lagged Returns
When evaluating Richy Place's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Richy Place stock have on its future price. Richy Place 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, Richy Place autocorrelation shows the relationship between Richy Place stock current value and its past values and can show if there is a momentum factor associated with investing in Richy Place 2002.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Richy Stock
Richy Place financial ratios help investors to determine whether Richy 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 Richy with respect to the benefits of owning Richy Place security.