Luxurban Hotels 1300 Preferred Stock Market Value
| LUXHP Preferred Stock | 15.35 0.42 2.81% |
| Symbol | LuxUrban |
LuxUrban 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 LuxUrban Hotels' preferred 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 LuxUrban Hotels.
| 12/07/2024 |
| 01/06/2025 |
If you would invest 0.00 in LuxUrban Hotels on December 7, 2024 and sell it all today you would earn a total of 0.00 from holding LuxUrban Hotels 1300 or generate 0.0% return on investment in LuxUrban Hotels over 30 days. LuxUrban Hotels is related to or competes with Oatly Group, Viemed Healthcare, Waste Management, Gladstone Investment, Keurig Dr, and National Beverage. More
LuxUrban 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 LuxUrban Hotels' preferred 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 LuxUrban Hotels 1300 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.74 | |||
| Information Ratio | 0.0304 | |||
| Maximum Drawdown | 25.3 | |||
| Value At Risk | (7.53) | |||
| Potential Upside | 9.28 |
LuxUrban Hotels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LuxUrban Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LuxUrban Hotels' standard deviation. In reality, there are many statistical measures that can use LuxUrban Hotels historical prices to predict the future LuxUrban Hotels' volatility.| Risk Adjusted Performance | 0.0365 | |||
| Jensen Alpha | 0.1991 | |||
| Total Risk Alpha | 0.0972 | |||
| Sortino Ratio | 0.0296 | |||
| Treynor Ratio | (0.13) |
LuxUrban Hotels 1300 Backtested Returns
LuxUrban Hotels appears to be somewhat reliable, given 3 months investment horizon. LuxUrban Hotels 1300 has Sharpe Ratio of 0.0641, which conveys that the firm had a 0.0641% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for LuxUrban Hotels, which you can use to evaluate the volatility of the firm. Please exercise LuxUrban Hotels' Downside Deviation of 5.74, mean deviation of 3.67, and Risk Adjusted Performance of 0.0365 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, LuxUrban Hotels holds a performance score of 5. The company secures a Beta (Market Risk) of -1.37, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning LuxUrban Hotels are expected to decrease by larger amounts. On the other hand, during market turmoil, LuxUrban Hotels is expected to outperform it. Please check LuxUrban Hotels' semi variance, as well as the relationship between the rate of daily change and relative strength index , to make a quick decision on whether LuxUrban Hotels' current price movements will revert.
Auto-correlation | -0.01 |
Very weak reverse predictability
LuxUrban Hotels 1300 has very weak reverse predictability. Overlapping area represents the amount of predictability between LuxUrban Hotels time series from 7th of December 2024 to 22nd of December 2024 and 22nd of December 2024 to 6th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of LuxUrban Hotels 1300 price movement. The serial correlation of -0.01 indicates that just 1.0% of current LuxUrban Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
LuxUrban Hotels 1300 lagged returns against current returns
Autocorrelation, which is LuxUrban Hotels preferred 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 LuxUrban Hotels' preferred stock expected returns. We can calculate the autocorrelation of LuxUrban Hotels returns to help us make a trade decision. For example, suppose you find that LuxUrban Hotels has exhibited high autocorrelation historically, and you observe that the preferred 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 |
LuxUrban 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 LuxUrban Hotels preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LuxUrban Hotels preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LuxUrban Hotels preferred stock over time.
Current vs Lagged Prices |
| Timeline |
LuxUrban Hotels Lagged Returns
When evaluating LuxUrban Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LuxUrban Hotels preferred stock have on its future price. LuxUrban 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, LuxUrban Hotels autocorrelation shows the relationship between LuxUrban Hotels preferred stock current value and its past values and can show if there is a momentum factor associated with investing in LuxUrban Hotels 1300.
Regressed Prices |
| Timeline |
Pair Trading with LuxUrban Hotels
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if LuxUrban Hotels position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in LuxUrban Hotels will appreciate offsetting losses from the drop in the long position's value.Moving against LuxUrban Preferred Stock
| 0.57 | GHG | GreenTree Hospitality | PairCorr |
| 0.52 | EBET | Ebet Inc | PairCorr |
| 0.49 | HTHT | Huazhu Group | PairCorr |
| 0.47 | INTG | Intergroup | PairCorr |
| 0.47 | LUXH | LuxUrban Hotels | PairCorr |
The ability to find closely correlated positions to LuxUrban Hotels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LuxUrban Hotels when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LuxUrban Hotels - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LuxUrban Hotels 1300 to buy it.
The correlation of LuxUrban Hotels is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LuxUrban Hotels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LuxUrban Hotels 1300 moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for LuxUrban Hotels can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for LuxUrban Preferred Stock Analysis
When running LuxUrban Hotels' price analysis, check to measure LuxUrban Hotels' 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 LuxUrban Hotels is operating at the current time. Most of LuxUrban Hotels' value examination focuses on studying past and present price action to predict the probability of LuxUrban Hotels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LuxUrban Hotels' price. Additionally, you may evaluate how the addition of LuxUrban Hotels to your portfolios can decrease your overall portfolio volatility.