WHA Premium (Thailand) Market Value

WHART Stock  THB 9.60  0.05  0.52%   
WHA Premium's market value is the price at which a share of WHA Premium trades on a public exchange. It measures the collective expectations of WHA Premium Growth investors about its performance. WHA Premium is trading at 9.60 as of the 28th of March 2024, a 0.52 percent increase since the beginning of the trading day. The stock's open price was 9.55.
With this module, you can estimate the performance of a buy and hold strategy of WHA Premium Growth and determine expected loss or profit from investing in WHA Premium over a given investment horizon. Check out WHA Premium Correlation, WHA Premium Volatility and WHA Premium Alpha and Beta module to complement your research on WHA Premium.
Symbol

Please note, there is a significant difference between WHA Premium's value and its price as these two are different measures arrived at by different means. Investors typically determine if WHA Premium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WHA Premium'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.

WHA Premium '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 WHA Premium'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 WHA Premium.
0.00
02/27/2024
No Change 0.00  0.0 
In 30 days
03/28/2024
0.00
If you would invest  0.00  in WHA Premium on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding WHA Premium Growth or generate 0.0% return on investment in WHA Premium over 30 days. WHA Premium is related to or competes with Vintcom Technology, Techno Medical, Premier Technology, AAPICO Hitech, Muang Thai, and Halcyon Technology. WHA Premium Growth Freehold And Leasehold Real Estate Investment Trust is a real estate investment trust externally mana... More

WHA Premium 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 WHA Premium'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 WHA Premium Growth upside and downside potential and time the market with a certain degree of confidence.

WHA Premium Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for WHA Premium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WHA Premium's standard deviation. In reality, there are many statistical measures that can use WHA Premium historical prices to predict the future WHA Premium's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of WHA Premium'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.
Hype
Prediction
LowEstimatedHigh
8.669.6010.54
Details
Intrinsic
Valuation
LowRealHigh
7.258.1910.56
Details
Naive
Forecast
LowNextHigh
8.629.5610.51
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.549.589.63
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as WHA Premium. Your research has to be compared to or analyzed against WHA Premium's peers to derive any actionable benefits. When done correctly, WHA Premium'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 WHA Premium Growth.

WHA Premium Growth Backtested Returns

WHA Premium Growth retains Efficiency (Sharpe Ratio) of -0.0784, which attests that the company had a -0.0784% return per unit of volatility over the last 3 months. WHA Premium exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WHA Premium's Market Risk Adjusted Performance of 0.0668, mean deviation of 0.6849, and Information Ratio of (0.14) to validate the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.28, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning WHA Premium are expected to decrease at a much lower rate. During the bear market, WHA Premium is likely to outperform the market. WHA Premium Growth has an expected return of -0.074%. Please make sure to check out WHA Premium Growth maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if WHA Premium Growth performance from the past will be repeated in the future.

Auto-correlation

    
  -0.49  

Modest reverse predictability

WHA Premium Growth has modest reverse predictability. Overlapping area represents the amount of predictability between WHA Premium time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 WHA Premium Growth price movement. The serial correlation of -0.49 indicates that about 49.0% of current WHA Premium price fluctuation can be explain by its past prices.
Correlation Coefficient-0.49
Spearman Rank Test-0.05
Residual Average0.0
Price Variance0.01

WHA Premium Growth lagged returns against current returns

Autocorrelation, which is WHA Premium 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 WHA Premium's stock expected returns. We can calculate the autocorrelation of WHA Premium returns to help us make a trade decision. For example, suppose you find that WHA Premium 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  

WHA Premium 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 WHA Premium stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WHA Premium stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WHA Premium stock over time.
   Current vs Lagged Prices   
       Timeline  

WHA Premium Lagged Returns

When evaluating WHA Premium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WHA Premium stock have on its future price. WHA Premium 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, WHA Premium autocorrelation shows the relationship between WHA Premium stock current value and its past values and can show if there is a momentum factor associated with investing in WHA Premium Growth.
   Regressed Prices   
       Timeline  

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out WHA Premium Correlation, WHA Premium Volatility and WHA Premium Alpha and Beta module to complement your research on WHA Premium.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running WHA Premium's price analysis, check to measure WHA Premium'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 WHA Premium is operating at the current time. Most of WHA Premium's value examination focuses on studying past and present price action to predict the probability of WHA Premium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WHA Premium's price. Additionally, you may evaluate how the addition of WHA Premium to your portfolios can decrease your overall portfolio volatility.
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WHA Premium technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of WHA Premium technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of WHA Premium trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...