Raimon Land (Thailand) Market Value
| RML Stock | THB 0.29 0.01 3.33% |
| Symbol | Raimon |
Raimon Land '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 Raimon Land'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 Raimon Land.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in Raimon Land on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Raimon Land Public or generate 0.0% return on investment in Raimon Land over 30 days. Raimon Land is related to or competes with Bangkok Bank, Siam Cement, PTT Public, SCB X, and Krung Thai. Raimon Land Public Company Limited, together with its subsidiaries, engages in the property development activities in Th... More
Raimon Land 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 Raimon Land'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 Raimon Land Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.16 | |||
| Information Ratio | 0.0153 | |||
| Maximum Drawdown | 40.73 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 3.33 |
Raimon Land Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Raimon Land's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Raimon Land's standard deviation. In reality, there are many statistical measures that can use Raimon Land historical prices to predict the future Raimon Land's volatility.| Risk Adjusted Performance | 0.0257 | |||
| Jensen Alpha | 0.105 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0187 | |||
| Treynor Ratio | (0.56) |
Raimon Land Public Backtested Returns
Raimon Land Public maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. Raimon Land Public exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Raimon Land's Semi Deviation of 2.45, risk adjusted performance of 0.0257, and Coefficient Of Variation of 4578.86 to confirm the risk estimate we provide. The company holds a Beta of -0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Raimon Land are expected to decrease at a much lower rate. During the bear market, Raimon Land is likely to outperform the market. At this point, Raimon Land Public has a negative expected return of -0.41%. Please make sure to check Raimon Land's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Raimon Land Public performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.63 |
Very good reverse predictability
Raimon Land Public has very good reverse predictability. Overlapping area represents the amount of predictability between Raimon Land 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 Raimon Land Public price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Raimon Land price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Raimon Land Public lagged returns against current returns
Autocorrelation, which is Raimon Land 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 Raimon Land's stock expected returns. We can calculate the autocorrelation of Raimon Land returns to help us make a trade decision. For example, suppose you find that Raimon Land 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 |
Raimon Land 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 Raimon Land stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Raimon Land stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Raimon Land stock over time.
Current vs Lagged Prices |
| Timeline |
Raimon Land Lagged Returns
When evaluating Raimon Land's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Raimon Land stock have on its future price. Raimon Land 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, Raimon Land autocorrelation shows the relationship between Raimon Land stock current value and its past values and can show if there is a momentum factor associated with investing in Raimon Land Public.
Regressed Prices |
| Timeline |
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Raimon Land financial ratios help investors to determine whether Raimon 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 Raimon with respect to the benefits of owning Raimon Land security.