Royal Orchid (Thailand) Market Value
| ROH Stock | THB 2.20 0.04 1.85% |
| Symbol | Royal |
Royal Orchid '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 Royal Orchid'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 Royal Orchid.
| 12/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Royal Orchid on December 19, 2023 and sell it all today you would earn a total of 0.00 from holding Royal Orchid Hotel or generate 0.0% return on investment in Royal Orchid over 360 days. Royal Orchid is related to or competes with OHTL Public, Laguna Resorts, Shangri La, Ramkhamhaeng Hospital, and Regional Container. Royal Orchid Hotel Public Company Limited operates a hotel in Thailand More
Royal Orchid 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 Royal Orchid'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 Royal Orchid Hotel upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 15.33 | |||
| Value At Risk | (4.39) | |||
| Potential Upside | 4.63 |
Royal Orchid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Royal Orchid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Royal Orchid's standard deviation. In reality, there are many statistical measures that can use Royal Orchid historical prices to predict the future Royal Orchid's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | 0.2213 |
Royal Orchid Hotel Backtested Returns
Royal Orchid Hotel maintains Sharpe Ratio (i.e., Efficiency) of -0.0241, which implies the firm had a -0.0241% return per unit of risk over the last 3 months. Royal Orchid Hotel exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Royal Orchid's Variance of 6.87, coefficient of variation of (2,135), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The company holds a Beta of -0.6, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Royal Orchid are expected to decrease at a much lower rate. During the bear market, Royal Orchid is likely to outperform the market. At this point, Royal Orchid Hotel has a negative expected return of -0.0658%. Please make sure to check Royal Orchid's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Royal Orchid Hotel performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.42 |
Average predictability
Royal Orchid Hotel has average predictability. Overlapping area represents the amount of predictability between Royal Orchid time series from 19th of December 2023 to 16th of June 2024 and 16th of June 2024 to 13th 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 Royal Orchid Hotel price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Royal Orchid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Royal Orchid Hotel lagged returns against current returns
Autocorrelation, which is Royal Orchid 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 Royal Orchid's stock expected returns. We can calculate the autocorrelation of Royal Orchid returns to help us make a trade decision. For example, suppose you find that Royal Orchid 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 |
Royal Orchid 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 Royal Orchid stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Royal Orchid stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Royal Orchid stock over time.
Current vs Lagged Prices |
| Timeline |
Royal Orchid Lagged Returns
When evaluating Royal Orchid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Royal Orchid stock have on its future price. Royal Orchid 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, Royal Orchid autocorrelation shows the relationship between Royal Orchid stock current value and its past values and can show if there is a momentum factor associated with investing in Royal Orchid Hotel.
Regressed Prices |
| Timeline |
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Royal Orchid financial ratios help investors to determine whether Royal 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 Royal with respect to the benefits of owning Royal Orchid security.