Kamat Hotels (India) Market Value
| KAMATHOTEL | 214.34 2.30 1.08% |
| Symbol | Kamat |
Kamat 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 Kamat Hotels' 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 Kamat Hotels.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Kamat Hotels on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Kamat Hotels Limited or generate 0.0% return on investment in Kamat Hotels over 30 days. Kamat Hotels is related to or competes with LLOYDS METALS, Transport, Shyam Metalics, Sonata Software, Kaynes Technology, Compucom Software, and Aban Offshore. Kamat Hotels is entity of India. It is traded as Stock on NSE exchange. More
Kamat 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 Kamat Hotels' 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 Kamat Hotels Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.02 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 24.47 | |||
| Value At Risk | (3.55) | |||
| Potential Upside | 4.01 |
Kamat Hotels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kamat Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kamat Hotels' standard deviation. In reality, there are many statistical measures that can use Kamat Hotels historical prices to predict the future Kamat Hotels' volatility.| Risk Adjusted Performance | 0.0246 | |||
| Jensen Alpha | 0.0808 | |||
| Total Risk Alpha | (0.47) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.41) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kamat Hotels' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Kamat Hotels Limited Backtested Returns
As of now, Kamat Stock is very steady. Kamat Hotels Limited has Sharpe Ratio of 0.0142, which conveys that the firm had a 0.0142% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kamat Hotels, which you can use to evaluate the volatility of the firm. Please verify Kamat Hotels' Downside Deviation of 2.02, mean deviation of 1.95, and Risk Adjusted Performance of 0.0246 to check out if the risk estimate we provide is consistent with the expected return of 0.0455%. Kamat Hotels has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kamat Hotels are expected to decrease at a much lower rate. During the bear market, Kamat Hotels is likely to outperform the market. Kamat Hotels Limited right now secures a risk of 3.21%. Please verify Kamat Hotels Limited semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Kamat Hotels Limited will be following its current price movements.
Auto-correlation | -0.63 |
Very good reverse predictability
Kamat Hotels Limited has very good reverse predictability. Overlapping area represents the amount of predictability between Kamat Hotels time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 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 Kamat Hotels Limited price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Kamat Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 68.53 |
Kamat Hotels Limited lagged returns against current returns
Autocorrelation, which is Kamat 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 Kamat Hotels' stock expected returns. We can calculate the autocorrelation of Kamat Hotels returns to help us make a trade decision. For example, suppose you find that Kamat 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 |
Kamat 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 Kamat Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kamat Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kamat Hotels stock over time.
Current vs Lagged Prices |
| Timeline |
Kamat Hotels Lagged Returns
When evaluating Kamat Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kamat Hotels stock have on its future price. Kamat 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, Kamat Hotels autocorrelation shows the relationship between Kamat Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in Kamat Hotels Limited.
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.Other Information on Investing in Kamat Stock
Kamat Hotels financial ratios help investors to determine whether Kamat 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 Kamat with respect to the benefits of owning Kamat Hotels security.