InterContinental (UK) Market Value
| IHG Stock | 10,005 149.00 1.51% |
| Symbol | InterContinental |
InterContinental '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 InterContinental'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 InterContinental.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in InterContinental on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding InterContinental Hotels Group or generate 0.0% return on investment in InterContinental over 30 days. InterContinental is related to or competes with BYD, Volkswagen, Volkswagen, Compass Group, Jardine Matheson, and Target Corp. InterContinental is entity of United Kingdom More
InterContinental 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 InterContinental'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 InterContinental Hotels Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9661 | |||
| Information Ratio | 0.2772 | |||
| Maximum Drawdown | 5.7 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.82 |
InterContinental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for InterContinental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as InterContinental's standard deviation. In reality, there are many statistical measures that can use InterContinental historical prices to predict the future InterContinental's volatility.| Risk Adjusted Performance | 0.2928 | |||
| Jensen Alpha | 0.4041 | |||
| Total Risk Alpha | 0.2603 | |||
| Sortino Ratio | 0.3176 | |||
| Treynor Ratio | 6.92 |
InterContinental Hotels Backtested Returns
InterContinental appears to be very steady, given 3 months investment horizon. InterContinental Hotels holds Efficiency (Sharpe) Ratio of 0.41, which attests that the entity had a 0.41% return per unit of risk over the last 3 months. We have found thirty technical indicators for InterContinental Hotels, which you can use to evaluate the volatility of the firm. Please utilize InterContinental's Risk Adjusted Performance of 0.2928, downside deviation of 0.9661, and Market Risk Adjusted Performance of 6.93 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, InterContinental holds a performance score of 32. The company retains a Market Volatility (i.e., Beta) of 0.0593, which attests to not very significant fluctuations relative to the market. As returns on the market increase, InterContinental's returns are expected to increase less than the market. However, during the bear market, the loss of holding InterContinental is expected to be smaller as well. Please check InterContinental's treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to make a quick decision on whether InterContinental's current trending patterns will revert.
Auto-correlation | 0.92 |
Excellent predictability
InterContinental Hotels Group has excellent predictability. Overlapping area represents the amount of predictability between InterContinental time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 InterContinental Hotels price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current InterContinental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 25.3 K |
InterContinental Hotels lagged returns against current returns
Autocorrelation, which is InterContinental 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 InterContinental's stock expected returns. We can calculate the autocorrelation of InterContinental returns to help us make a trade decision. For example, suppose you find that InterContinental 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 |
InterContinental 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 InterContinental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if InterContinental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in InterContinental stock over time.
Current vs Lagged Prices |
| Timeline |
InterContinental Lagged Returns
When evaluating InterContinental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of InterContinental stock have on its future price. InterContinental 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, InterContinental autocorrelation shows the relationship between InterContinental stock current value and its past values and can show if there is a momentum factor associated with investing in InterContinental Hotels Group.
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.When determining whether InterContinental Hotels is a strong investment it is important to analyze InterContinental's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact InterContinental's future performance. For an informed investment choice regarding InterContinental Stock, refer to the following important reports:Check out InterContinental Correlation, InterContinental Volatility and InterContinental Alpha and Beta module to complement your research on InterContinental. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
InterContinental technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.