Holiday Island Holdings Stock Market Value
| HIHI Stock | USD 0.03 0.01 30.43% |
| Symbol | Holiday |
Holiday Island '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 Holiday Island's pink sheet 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 Holiday Island.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Holiday Island on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Holiday Island Holdings or generate 0.0% return on investment in Holiday Island over 720 days. Holiday Island is related to or competes with Hong Kong, Wharf Holdings, Sun Hung, Sino Land, Sun Hung, Daiwa House, and China Overseas. Holiday Island Holdings, Inc. primarily engages in land development activities More
Holiday Island 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 Holiday Island's pink sheet 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 Holiday Island Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 16.73 | |||
| Information Ratio | 0.0609 | |||
| Maximum Drawdown | 86.84 | |||
| Value At Risk | (23.53) | |||
| Potential Upside | 30.43 |
Holiday Island Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Holiday Island's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Holiday Island's standard deviation. In reality, there are many statistical measures that can use Holiday Island historical prices to predict the future Holiday Island's volatility.| Risk Adjusted Performance | 0.0631 | |||
| Jensen Alpha | 1.03 | |||
| Total Risk Alpha | (1.47) | |||
| Sortino Ratio | 0.0548 | |||
| Treynor Ratio | 10.64 |
Holiday Island Holdings Backtested Returns
Holiday Island appears to be out of control, given 3 months investment horizon. Holiday Island Holdings holds Efficiency (Sharpe) Ratio of 0.055, which attests that the entity had a 0.055% return per unit of risk over the last 3 months. By evaluating Holiday Island's technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please utilize Holiday Island's Market Risk Adjusted Performance of 10.65, downside deviation of 16.73, and Risk Adjusted Performance of 0.0631 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Holiday Island holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of 0.0981, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Holiday Island's returns are expected to increase less than the market. However, during the bear market, the loss of holding Holiday Island is expected to be smaller as well. Please check Holiday Island's sortino ratio and the relationship between the potential upside and day median price , to make a quick decision on whether Holiday Island's current trending patterns will revert.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Holiday Island Holdings has insignificant reverse predictability. Overlapping area represents the amount of predictability between Holiday Island time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Holiday Island Holdings price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Holiday Island price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Holiday Island Holdings lagged returns against current returns
Autocorrelation, which is Holiday Island pink sheet'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 Holiday Island's pink sheet expected returns. We can calculate the autocorrelation of Holiday Island returns to help us make a trade decision. For example, suppose you find that Holiday Island has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Holiday Island 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 Holiday Island pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Holiday Island pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Holiday Island pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Holiday Island Lagged Returns
When evaluating Holiday Island's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Holiday Island pink sheet have on its future price. Holiday Island 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, Holiday Island autocorrelation shows the relationship between Holiday Island pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Holiday Island Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Holiday Pink Sheet
Holiday Island financial ratios help investors to determine whether Holiday Pink Sheet 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 Holiday with respect to the benefits of owning Holiday Island security.