PPHE HOTEL (Germany) Market Value
| 32P Stock | EUR 15.80 0.10 0.64% |
| Symbol | PPHE |
PPHE HOTEL '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 PPHE HOTEL'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 PPHE HOTEL.
| 10/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in PPHE HOTEL on October 13, 2024 and sell it all today you would earn a total of 0.00 from holding PPHE HOTEL GROUP or generate 0.0% return on investment in PPHE HOTEL over 60 days. PPHE HOTEL is related to or competes with Zijin Mining, MCEWEN MINING, Salesforce, Calibre Mining, Clearside Biomedical, Diamyd Medical, and CODERE ONLINE. More
PPHE HOTEL 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 PPHE HOTEL'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 PPHE HOTEL GROUP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.36 | |||
| Information Ratio | 0.0092 | |||
| Maximum Drawdown | 8.79 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 2.21 |
PPHE HOTEL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PPHE HOTEL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PPHE HOTEL's standard deviation. In reality, there are many statistical measures that can use PPHE HOTEL historical prices to predict the future PPHE HOTEL's volatility.| Risk Adjusted Performance | 0.0697 | |||
| Jensen Alpha | 0.1152 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0105 | |||
| Treynor Ratio | 1.08 |
PPHE HOTEL GROUP Backtested Returns
At this point, PPHE HOTEL is very steady. PPHE HOTEL GROUP maintains Sharpe Ratio (i.e., Efficiency) of 0.0904, which implies the firm had a 0.0904% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for PPHE HOTEL GROUP, which you can use to evaluate the volatility of the company. Please check PPHE HOTEL's semi deviation of 0.9603, and Risk Adjusted Performance of 0.0697 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. PPHE HOTEL has a performance score of 7 on a scale of 0 to 100. The company holds a Beta of 0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, PPHE HOTEL's returns are expected to increase less than the market. However, during the bear market, the loss of holding PPHE HOTEL is expected to be smaller as well. PPHE HOTEL GROUP currently holds a risk of 1.58%. Please check PPHE HOTEL GROUP semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if PPHE HOTEL GROUP will be following its historical price patterns.
Auto-correlation | 0.47 |
Average predictability
PPHE HOTEL GROUP has average predictability. Overlapping area represents the amount of predictability between PPHE HOTEL time series from 13th of October 2024 to 12th of November 2024 and 12th of November 2024 to 12th of December 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 PPHE HOTEL GROUP price movement. The serial correlation of 0.47 indicates that about 47.0% of current PPHE HOTEL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.47 |
PPHE HOTEL GROUP lagged returns against current returns
Autocorrelation, which is PPHE HOTEL 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 PPHE HOTEL's stock expected returns. We can calculate the autocorrelation of PPHE HOTEL returns to help us make a trade decision. For example, suppose you find that PPHE HOTEL 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 |
PPHE HOTEL 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 PPHE HOTEL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PPHE HOTEL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PPHE HOTEL stock over time.
Current vs Lagged Prices |
| Timeline |
PPHE HOTEL Lagged Returns
When evaluating PPHE HOTEL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PPHE HOTEL stock have on its future price. PPHE HOTEL 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, PPHE HOTEL autocorrelation shows the relationship between PPHE HOTEL stock current value and its past values and can show if there is a momentum factor associated with investing in PPHE HOTEL GROUP.
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 PPHE Stock
PPHE HOTEL financial ratios help investors to determine whether PPHE 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 PPHE with respect to the benefits of owning PPHE HOTEL security.