H World (Germany) Market Value
| CL4A Stock | EUR 31.40 0.20 0.63% |
| Symbol | CL4A |
H World '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 H World'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 H World.
| 11/28/2023 |
| 12/22/2024 |
If you would invest 0.00 in H World on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding H World Group or generate 0.0% return on investment in H World over 390 days. H World is related to or competes with Marriott International, Hilton Worldwide, Hyatt Hotels, InterContinental, INTERCONT HOTELS, and ACCOR SPADR. Huazhu Group Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels prima... More
H World 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 H World'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 H World Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.13 | |||
| Information Ratio | 0.0823 | |||
| Maximum Drawdown | 22.28 | |||
| Value At Risk | (4.37) | |||
| Potential Upside | 5.99 |
H World Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for H World's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as H World's standard deviation. In reality, there are many statistical measures that can use H World historical prices to predict the future H World's volatility.| Risk Adjusted Performance | 0.0802 | |||
| Jensen Alpha | 0.3029 | |||
| Total Risk Alpha | 0.2144 | |||
| Sortino Ratio | 0.0931 | |||
| Treynor Ratio | 0.6568 |
H World Group Backtested Returns
H World appears to be not too volatile, given 3 months investment horizon. H World Group holds Efficiency (Sharpe) Ratio of 0.0882, which attests that the company had a 0.0882% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for H World Group, which you can use to evaluate the volatility of the entity. Please utilize H World's market risk adjusted performance of 0.6668, and Semi Deviation of 2.87 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, H World holds a performance score of 6. The firm retains a Market Volatility (i.e., Beta) of 0.48, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, H World's returns are expected to increase less than the market. However, during the bear market, the loss of holding H World is expected to be smaller as well. Please check H World's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether H World's current trending patterns will revert.
Auto-correlation | 0.68 |
Good predictability
H World Group has good predictability. Overlapping area represents the amount of predictability between H World time series from 28th of November 2023 to 10th of June 2024 and 10th of June 2024 to 22nd 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 H World Group price movement. The serial correlation of 0.68 indicates that around 68.0% of current H World price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 13.14 |
H World Group lagged returns against current returns
Autocorrelation, which is H World 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 H World's stock expected returns. We can calculate the autocorrelation of H World returns to help us make a trade decision. For example, suppose you find that H World 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 |
H World 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 H World stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if H World stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in H World stock over time.
Current vs Lagged Prices |
| Timeline |
H World Lagged Returns
When evaluating H World's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of H World stock have on its future price. H World 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, H World autocorrelation shows the relationship between H World stock current value and its past values and can show if there is a momentum factor associated with investing in H World Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CL4A Stock
H World financial ratios help investors to determine whether CL4A 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 CL4A with respect to the benefits of owning H World security.