SSAW Hotels' market value is the price at which a share of SSAW Hotels trades on a public exchange. It measures the collective expectations of SSAW Hotels Resorts investors about its performance. SSAW Hotels is trading at 19.53 as of the 9th of January 2025, a 0.31% up since the beginning of the trading day. The stock's open price was 19.47. With this module, you can estimate the performance of a buy and hold strategy of SSAW Hotels Resorts and determine expected loss or profit from investing in SSAW Hotels over a given investment horizon. Check out SSAW Hotels Correlation, SSAW Hotels Volatility and SSAW Hotels Alpha and Beta module to complement your research on SSAW Hotels.
Please note, there is a significant difference between SSAW Hotels' value and its price as these two are different measures arrived at by different means. Investors typically determine if SSAW Hotels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSAW Hotels' 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.
SSAW Hotels '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 SSAW Hotels' 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 SSAW Hotels.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure SSAW Hotels' 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 SSAW Hotels Resorts upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for SSAW Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SSAW Hotels' standard deviation. In reality, there are many statistical measures that can use SSAW Hotels historical prices to predict the future SSAW Hotels' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SSAW Hotels. Your research has to be compared to or analyzed against SSAW Hotels' peers to derive any actionable benefits. When done correctly, SSAW Hotels' 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 SSAW Hotels Resorts.
SSAW Hotels Resorts Backtested Returns
At this point, SSAW Hotels is not too volatile. SSAW Hotels Resorts retains Efficiency (Sharpe Ratio) of 0.0236, which indicates the firm had a 0.0236% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for SSAW Hotels, which you can use to evaluate the volatility of the company. Please validate SSAW Hotels' risk adjusted performance of (0.03), and Standard Deviation of 5.03 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%. SSAW Hotels has a performance score of 1 on a scale of 0 to 100. The entity owns a Beta (Systematic Risk) of 0.86, which indicates possible diversification benefits within a given portfolio. SSAW Hotels returns are very sensitive to returns on the market. As the market goes up or down, SSAW Hotels is expected to follow. SSAW Hotels Resorts currently owns a risk of 4.33%. Please validate SSAW Hotels Resorts market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if SSAW Hotels Resorts will be following its current price history.
Auto-correlation
-0.26
Weak reverse predictability
SSAW Hotels Resorts has weak reverse predictability. Overlapping area represents the amount of predictability between SSAW Hotels time series from 20th of January 2023 to 15th of January 2024 and 15th of January 2024 to 9th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SSAW Hotels Resorts price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current SSAW Hotels price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.26
Spearman Rank Test
0.0
Residual Average
0.0
Price Variance
11.39
SSAW Hotels Resorts lagged returns against current returns
Autocorrelation, which is SSAW Hotels 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 SSAW Hotels' stock expected returns. We can calculate the autocorrelation of SSAW Hotels returns to help us make a trade decision. For example, suppose you find that SSAW Hotels 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
SSAW Hotels 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 SSAW Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SSAW Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SSAW Hotels stock over time.
Current vs Lagged Prices
Timeline
SSAW Hotels Lagged Returns
When evaluating SSAW Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SSAW Hotels stock have on its future price. SSAW Hotels 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, SSAW Hotels autocorrelation shows the relationship between SSAW Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in SSAW Hotels Resorts.
Regressed Prices
Timeline
Also Currently Popular
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.
SSAW Hotels financial ratios help investors to determine whether SSAW 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 SSAW with respect to the benefits of owning SSAW Hotels security.