LDC Dental (Thailand) Market Value
| LDC Stock | THB 0.59 0.01 1.67% |
| Symbol | LDC |
LDC Dental '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 LDC Dental'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 LDC Dental.
| 03/30/2024 |
| 04/29/2024 |
If you would invest 0.00 in LDC Dental on March 30, 2024 and sell it all today you would earn a total of 0.00 from holding LDC Dental Public or generate 0.0% return on investment in LDC Dental over 30 days. LDC Dental is related to or competes with Bumrungrad Hospital, Ramkhamhaeng Hospital, Thonburi Healthcare, Bangkok Chain, Vibhavadi Medical, and Sikarin Public. LDC Dental Public Company Limited provides dental care services in Thailand More
LDC Dental 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 LDC Dental'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 LDC Dental Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 18.28 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 4.92 |
LDC Dental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LDC Dental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LDC Dental's standard deviation. In reality, there are many statistical measures that can use LDC Dental historical prices to predict the future LDC Dental's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (0.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LDC Dental'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.
LDC Dental Public Backtested Returns
LDC Dental Public retains Efficiency (Sharpe Ratio) of -0.0382, which conveys that the firm had a -0.0382% return per unit of return volatility over the last 3 months. LDC Dental exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LDC Dental's Market Risk Adjusted Performance of (0.16), standard deviation of 3.11, and Mean Deviation of 1.98 to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.51, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, LDC Dental's returns are expected to increase less than the market. However, during the bear market, the loss of holding LDC Dental is expected to be smaller as well. LDC Dental Public has an expected return of -0.12%. Please make sure to verify LDC Dental Public coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if LDC Dental Public performance from the past will be repeated in the future.
Auto-correlation | -0.5 |
Modest reverse predictability
LDC Dental Public has modest reverse predictability. Overlapping area represents the amount of predictability between LDC Dental time series from 30th of March 2024 to 14th of April 2024 and 14th of April 2024 to 29th of April 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 LDC Dental Public price movement. The serial correlation of -0.5 indicates that about 50.0% of current LDC Dental price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
LDC Dental Public lagged returns against current returns
Autocorrelation, which is LDC Dental 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 LDC Dental's stock expected returns. We can calculate the autocorrelation of LDC Dental returns to help us make a trade decision. For example, suppose you find that LDC Dental 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 |
LDC Dental 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 LDC Dental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LDC Dental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LDC Dental stock over time.
Current vs Lagged Prices |
| Timeline |
LDC Dental Lagged Returns
When evaluating LDC Dental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LDC Dental stock have on its future price. LDC Dental 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, LDC Dental autocorrelation shows the relationship between LDC Dental stock current value and its past values and can show if there is a momentum factor associated with investing in LDC Dental Public.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards LDC Dental in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, LDC Dental's short interest history, or implied volatility extrapolated from LDC Dental options trading.
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Try AI Portfolio ArchitectCheck out LDC Dental Correlation, LDC Dental Volatility and LDC Dental Alpha and Beta module to complement your research on LDC Dental. Note that the LDC Dental Public information on this page should be used as a complementary analysis to other LDC Dental's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for LDC Stock analysis
When running LDC Dental's price analysis, check to measure LDC Dental'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 LDC Dental is operating at the current time. Most of LDC Dental's value examination focuses on studying past and present price action to predict the probability of LDC Dental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LDC Dental's price. Additionally, you may evaluate how the addition of LDC Dental to your portfolios can decrease your overall portfolio volatility.
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