YTL Hospitality (Malaysia) Market Value
| 5109 Stock | 1.20 0.01 0.83% |
| Symbol | YTL |
YTL Hospitality '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 YTL Hospitality'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 YTL Hospitality.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in YTL Hospitality on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding YTL Hospitality REIT or generate 0.0% return on investment in YTL Hospitality over 540 days. YTL Hospitality is related to or competes with Eversafe Rubber, Kluang Rubber, FARM FRESH, JF Technology, Awanbiru Technology, Ho Hup, and Greatech Technology. More
YTL Hospitality 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 YTL Hospitality'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 YTL Hospitality REIT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9947 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 3.39 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 1.67 |
YTL Hospitality Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for YTL Hospitality's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as YTL Hospitality's standard deviation. In reality, there are many statistical measures that can use YTL Hospitality historical prices to predict the future YTL Hospitality's volatility.| Risk Adjusted Performance | 0.0266 | |||
| Jensen Alpha | 0.0322 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (0.19) |
YTL Hospitality REIT Backtested Returns
As of now, YTL Stock is relatively risky. YTL Hospitality REIT shows Sharpe Ratio of 0.0192, which attests that the company had a 0.0192% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for YTL Hospitality REIT, which you can use to evaluate the volatility of the company. Please check out YTL Hospitality's Mean Deviation of 0.7188, downside deviation of 0.9947, and Risk Adjusted Performance of 0.0266 to validate if the risk estimate we provide is consistent with the expected return of 0.0172%. YTL Hospitality has a performance score of 1 on a scale of 0 to 100. The firm maintains a market beta of -0.1, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning YTL Hospitality are expected to decrease at a much lower rate. During the bear market, YTL Hospitality is likely to outperform the market. YTL Hospitality REIT presently maintains a risk of 0.89%. Please check out YTL Hospitality REIT coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if YTL Hospitality REIT will be following its historical returns.
Auto-correlation | 0.64 |
Good predictability
YTL Hospitality REIT has good predictability. Overlapping area represents the amount of predictability between YTL Hospitality time series from 9th of June 2023 to 5th of March 2024 and 5th of March 2024 to 30th of November 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 YTL Hospitality REIT price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current YTL Hospitality price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
YTL Hospitality REIT lagged returns against current returns
Autocorrelation, which is YTL Hospitality 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 YTL Hospitality's stock expected returns. We can calculate the autocorrelation of YTL Hospitality returns to help us make a trade decision. For example, suppose you find that YTL Hospitality 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 |
YTL Hospitality 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 YTL Hospitality stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if YTL Hospitality stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in YTL Hospitality stock over time.
Current vs Lagged Prices |
| Timeline |
YTL Hospitality Lagged Returns
When evaluating YTL Hospitality's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of YTL Hospitality stock have on its future price. YTL Hospitality 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, YTL Hospitality autocorrelation shows the relationship between YTL Hospitality stock current value and its past values and can show if there is a momentum factor associated with investing in YTL Hospitality REIT.
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 YTL Stock
YTL Hospitality financial ratios help investors to determine whether YTL 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 YTL with respect to the benefits of owning YTL Hospitality security.