CONSTANCE HOTELS (Mauritius) Market Value
| CHSL Stock | 17.80 0.05 0.28% |
| Symbol | CONSTANCE |
CONSTANCE 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 CONSTANCE HOTELS'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 CONSTANCE HOTELS.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in CONSTANCE HOTELS on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding CONSTANCE HOTELS SERVICES or generate 0.0% return on investment in CONSTANCE HOTELS over 90 days.
CONSTANCE 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 CONSTANCE HOTELS'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 CONSTANCE HOTELS SERVICES upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 2.97 | |||
| Value At Risk | (1.11) |
CONSTANCE HOTELS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CONSTANCE HOTELS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CONSTANCE HOTELS's standard deviation. In reality, there are many statistical measures that can use CONSTANCE HOTELS historical prices to predict the future CONSTANCE HOTELS's volatility.| Risk Adjusted Performance | (0.21) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 1.99 |
CONSTANCE HOTELS SERVICES Backtested Returns
CONSTANCE HOTELS SERVICES secures Sharpe Ratio (or Efficiency) of -0.25, which signifies that the company had a -0.25 % return per unit of risk over the last 3 months. CONSTANCE HOTELS SERVICES exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CONSTANCE HOTELS's risk adjusted performance of (0.21), and Mean Deviation of 0.2648 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0737, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CONSTANCE HOTELS are expected to decrease at a much lower rate. During the bear market, CONSTANCE HOTELS is likely to outperform the market. At this point, CONSTANCE HOTELS SERVICES has a negative expected return of -0.16%. Please make sure to confirm CONSTANCE HOTELS's total risk alpha, skewness, and the relationship between the jensen alpha and value at risk , to decide if CONSTANCE HOTELS SERVICES performance from the past will be repeated in the future.
Auto-correlation | 0.57 |
Modest predictability
CONSTANCE HOTELS SERVICES has modest predictability. Overlapping area represents the amount of predictability between CONSTANCE HOTELS time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 CONSTANCE HOTELS SERVICES price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current CONSTANCE HOTELS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
CONSTANCE HOTELS SERVICES lagged returns against current returns
Autocorrelation, which is CONSTANCE 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 CONSTANCE HOTELS's stock expected returns. We can calculate the autocorrelation of CONSTANCE HOTELS returns to help us make a trade decision. For example, suppose you find that CONSTANCE 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 |
CONSTANCE 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 CONSTANCE HOTELS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CONSTANCE HOTELS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CONSTANCE HOTELS stock over time.
Current vs Lagged Prices |
| Timeline |
CONSTANCE HOTELS Lagged Returns
When evaluating CONSTANCE HOTELS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CONSTANCE HOTELS stock have on its future price. CONSTANCE 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, CONSTANCE HOTELS autocorrelation shows the relationship between CONSTANCE HOTELS stock current value and its past values and can show if there is a momentum factor associated with investing in CONSTANCE HOTELS SERVICES.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio Architect