Chalet Hotels (India) Market Value
| CHALET Stock | 893.40 14.70 1.67% |
| Symbol | Chalet |
Chalet 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 Chalet 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 Chalet Hotels.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Chalet Hotels on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Chalet Hotels Limited or generate 0.0% return on investment in Chalet Hotels over 30 days. Chalet Hotels is related to or competes with Kingfa Science, GTL, Indo Amines, Delta Manufacturing, EID Parry, Lakshmi Precision, and Parag Milk. Chalet Hotels is entity of India. It is traded as Stock on NSE exchange. More
Chalet 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 Chalet 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 Chalet Hotels Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.84 | |||
| Information Ratio | 0.0181 | |||
| Maximum Drawdown | 11.29 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 3.62 |
Chalet Hotels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chalet Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chalet Hotels' standard deviation. In reality, there are many statistical measures that can use Chalet Hotels historical prices to predict the future Chalet Hotels' volatility.| Risk Adjusted Performance | 0.0654 | |||
| Jensen Alpha | 0.1472 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0209 | |||
| Treynor Ratio | 2.66 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Chalet Hotels' 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.
Chalet Hotels Limited Backtested Returns
At this point, Chalet Hotels is very steady. Chalet Hotels Limited secures Sharpe Ratio (or Efficiency) of 0.0432, which signifies that the company had a 0.0432% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Chalet Hotels Limited, which you can use to evaluate the volatility of the firm. Please confirm Chalet Hotels' risk adjusted performance of 0.0654, and Mean Deviation of 1.59 to double-check if the risk estimate we provide is consistent with the expected return of 0.0911%. Chalet Hotels has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0578, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Chalet Hotels' returns are expected to increase less than the market. However, during the bear market, the loss of holding Chalet Hotels is expected to be smaller as well. Chalet Hotels Limited right now shows a risk of 2.11%. Please confirm Chalet Hotels Limited sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to decide if Chalet Hotels Limited will be following its price patterns.
Auto-correlation | 0.28 |
Poor predictability
Chalet Hotels Limited has poor predictability. Overlapping area represents the amount of predictability between Chalet Hotels time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Chalet Hotels Limited price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Chalet Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 592.2 |
Chalet Hotels Limited lagged returns against current returns
Autocorrelation, which is Chalet 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 Chalet Hotels' stock expected returns. We can calculate the autocorrelation of Chalet Hotels returns to help us make a trade decision. For example, suppose you find that Chalet 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 |
Chalet 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 Chalet Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chalet Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chalet Hotels stock over time.
Current vs Lagged Prices |
| Timeline |
Chalet Hotels Lagged Returns
When evaluating Chalet Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chalet Hotels stock have on its future price. Chalet 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, Chalet Hotels autocorrelation shows the relationship between Chalet Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in Chalet Hotels Limited.
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 Chalet Stock
Chalet Hotels financial ratios help investors to determine whether Chalet 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 Chalet with respect to the benefits of owning Chalet Hotels security.