Land (Thailand) Market Value
| LHPF Stock | THB 5.80 0.05 0.87% |
| Symbol | Land |
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 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 Land.
| 02/02/2024 |
| 05/02/2024 |
If you would invest 0.00 in Land on February 2, 2024 and sell it all today you would earn a total of 0.00 from holding Land and Houses or generate 0.0% return on investment in Land over 90 days. Land is related to or competes with Quality Houses, Major Cineplex, LH Shopping, and LH Hotel. Land and Houses Freehold and Leasehold Property Fund is a real estate investment trust launched and managed by Land and ... More
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 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 Land and Houses upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 4.18 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 1.67 |
Land Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Land's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Land's standard deviation. In reality, there are many statistical measures that can use Land historical prices to predict the future Land's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 1.42 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Land'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.
Land and Houses Backtested Returns
Land and Houses has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1% return per unit of risk over the last 3 months. Land exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Land's Mean Deviation of 0.647, risk adjusted performance of (0.03), and Standard Deviation of 0.9412 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0405, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Land are expected to decrease at a much lower rate. During the bear market, Land is likely to outperform the market. Land and Houses has an expected return of -0.0957%. Please make sure to verify Land and Houses value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Land and Houses performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.10 |
Insignificant predictability
Land and Houses has insignificant predictability. Overlapping area represents the amount of predictability between Land time series from 2nd of February 2024 to 18th of March 2024 and 18th of March 2024 to 2nd of May 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 Land and Houses price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Land price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Land and Houses lagged returns against current returns
Autocorrelation, which is 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 Land's stock expected returns. We can calculate the autocorrelation of Land returns to help us make a trade decision. For example, suppose you find that 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 |
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 Land stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Land stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Land stock over time.
Current vs Lagged Prices |
| Timeline |
Land Lagged Returns
When evaluating Land's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Land stock have on its future price. 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, Land autocorrelation shows the relationship between Land stock current value and its past values and can show if there is a momentum factor associated with investing in Land and Houses.
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 Land 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, Land's short interest history, or implied volatility extrapolated from Land options trading.
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Complementary Tools for Land Stock analysis
When running Land's price analysis, check to measure Land'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 Land is operating at the current time. Most of Land's value examination focuses on studying past and present price action to predict the probability of Land's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Land's price. Additionally, you may evaluate how the addition of Land to your portfolios can decrease your overall portfolio volatility.
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Land 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.