SSAW Hotels (China) Market Value
| 301073 Stock | 20.09 0.09 0.45% |
| Symbol | SSAW |
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.
| 12/25/2024 |
| 01/24/2025 |
If you would invest 0.00 in SSAW Hotels on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding SSAW Hotels Resorts or generate 0.0% return on investment in SSAW Hotels over 30 days. SSAW Hotels is related to or competes with Gem Year, Hainan Mining, Sichuan Yahua, Suzhou Industrial, Guangzhou Haozhi, Zhengzhou Coal, and Zhejiang Yongjin. SSAW Hotels is entity of China. It is traded as Stock on SHE exchange. More
SSAW Hotels 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 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.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 15.19 | |||
| Value At Risk | (6.74) | |||
| Potential Upside | 5.71 |
SSAW Hotels Market Risk Indicators
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.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (1.26) |
SSAW Hotels Resorts Backtested Returns
SSAW Hotels Resorts retains Efficiency (Sharpe Ratio) of -0.0561, which indicates the firm had a -0.0561 % return per unit of risk over the last 3 months. SSAW Hotels exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SSAW Hotels' risk adjusted performance of (0.05), and Standard Deviation of 3.55 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.22, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SSAW Hotels' returns are expected to increase less than the market. However, during the bear market, the loss of holding SSAW Hotels is expected to be smaller as well. At this point, SSAW Hotels Resorts has a negative expected return of -0.2%. Please make sure to validate SSAW Hotels' coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if SSAW Hotels Resorts performance from the past will be repeated at future time.
Auto-correlation | -0.83 |
Excellent reverse predictability
SSAW Hotels Resorts has excellent reverse predictability. Overlapping area represents the amount of predictability between SSAW Hotels time series from 25th of December 2024 to 9th of January 2025 and 9th of January 2025 to 24th 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 -0.83 indicates that around 83.0% of current SSAW Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
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.Other Information on Investing in SSAW Stock
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.