Hotel Property (Australia) Market Value
| HPI Stock | 3.70 0.01 0.27% |
| Symbol | Hotel |
Hotel Property '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 Hotel Property'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 Hotel Property.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Hotel Property on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Hotel Property Investments or generate 0.0% return on investment in Hotel Property over 30 days. Hotel Property is related to or competes with Step One, Homeco Daily, Perseus Mining, Super Retail, and Charter Hall. Hotel Property is entity of Australia. It is traded as Stock on AU exchange. More
Hotel Property 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 Hotel Property'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 Hotel Property Investments upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.57 | |||
| Information Ratio | (0.0001) | |||
| Maximum Drawdown | 13.06 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.42 |
Hotel Property Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hotel Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hotel Property's standard deviation. In reality, there are many statistical measures that can use Hotel Property historical prices to predict the future Hotel Property's volatility.| Risk Adjusted Performance | 0.0809 | |||
| Jensen Alpha | 0.1416 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.0001) | |||
| Treynor Ratio | (1.14) |
Hotel Property Inves Backtested Returns
Currently, Hotel Property Investments is slightly risky. Hotel Property Inves holds Efficiency (Sharpe) Ratio of 0.0815, which attests that the entity had a 0.0815% return per unit of risk over the last 3 months. We have found thirty technical indicators for Hotel Property Inves, which you can use to evaluate the volatility of the firm. Please check out Hotel Property's Downside Deviation of 1.57, risk adjusted performance of 0.0809, and Market Risk Adjusted Performance of (1.13) to validate if the risk estimate we provide is consistent with the expected return of 0.11%. Hotel Property has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hotel Property are expected to decrease at a much lower rate. During the bear market, Hotel Property is likely to outperform the market. Hotel Property Inves right now retains a risk of 1.36%. Please check out Hotel Property sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Hotel Property will be following its current trending patterns.
Auto-correlation | 0.47 |
Average predictability
Hotel Property Investments has average predictability. Overlapping area represents the amount of predictability between Hotel Property time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Hotel Property Inves price movement. The serial correlation of 0.47 indicates that about 47.0% of current Hotel Property price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hotel Property Inves lagged returns against current returns
Autocorrelation, which is Hotel Property 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 Hotel Property's stock expected returns. We can calculate the autocorrelation of Hotel Property returns to help us make a trade decision. For example, suppose you find that Hotel Property 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 |
Hotel Property 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 Hotel Property stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hotel Property stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hotel Property stock over time.
Current vs Lagged Prices |
| Timeline |
Hotel Property Lagged Returns
When evaluating Hotel Property's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hotel Property stock have on its future price. Hotel Property 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, Hotel Property autocorrelation shows the relationship between Hotel Property stock current value and its past values and can show if there is a momentum factor associated with investing in Hotel Property Investments.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Hotel Stock Analysis
When running Hotel Property's price analysis, check to measure Hotel Property's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hotel Property is operating at the current time. Most of Hotel Property's value examination focuses on studying past and present price action to predict the probability of Hotel Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hotel Property's price. Additionally, you may evaluate how the addition of Hotel Property to your portfolios can decrease your overall portfolio volatility.