Meliá Hotels (Germany) Market Value
| MEL Stock | EUR 6.51 0.01 0.15% |
| Symbol | Meliá |
Meliá 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 Meliá 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 Meliá Hotels.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Meliá Hotels on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Meli Hotels International or generate 0.0% return on investment in Meliá Hotels over 90 days. Meliá Hotels is related to or competes with Hana Microelectronics, Universal Insurance, HANOVER INSURANCE, United Microelectronics, UET United, Richardson Electronics, and Sabre Insurance. Meli Hotels International, S.A. owns, manages, operates, leases, and franchises hotels worldwide More
Meliá 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 Meliá 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 Meli Hotels International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0245 | |||
| Maximum Drawdown | 9.48 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 4.11 |
Meliá Hotels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meliá Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Meliá Hotels' standard deviation. In reality, there are many statistical measures that can use Meliá Hotels historical prices to predict the future Meliá Hotels' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | 0.167 | |||
| Treynor Ratio | 1.7 |
Meli Hotels International Backtested Returns
Meli Hotels International has Sharpe Ratio of -0.14, which conveys that the firm had a -0.14 % return per unit of risk over the last 3 months. Meliá Hotels exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Meliá Hotels' Standard Deviation of 1.84, risk adjusted performance of (0.02), and Mean Deviation of 1.39 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0376, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Meliá Hotels are expected to decrease at a much lower rate. During the bear market, Meliá Hotels is likely to outperform the market. At this point, Meli Hotels International has a negative expected return of -0.22%. Please make sure to verify Meliá Hotels' skewness, day median price, and the relationship between the treynor ratio and daily balance of power , to decide if Meli Hotels International performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.09 |
Virtually no predictability
Meli Hotels International has virtually no predictability. Overlapping area represents the amount of predictability between Meliá Hotels time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 Meli Hotels International price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Meliá Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Meli Hotels International lagged returns against current returns
Autocorrelation, which is Meliá 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 Meliá Hotels' stock expected returns. We can calculate the autocorrelation of Meliá Hotels returns to help us make a trade decision. For example, suppose you find that Meliá 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 |
Meliá 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 Meliá Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Meliá Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Meliá Hotels stock over time.
Current vs Lagged Prices |
| Timeline |
Meliá Hotels Lagged Returns
When evaluating Meliá Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Meliá Hotels stock have on its future price. Meliá 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, Meliá Hotels autocorrelation shows the relationship between Meliá Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in Meli Hotels International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Meliá Stock
Meliá Hotels financial ratios help investors to determine whether Meliá 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 Meliá with respect to the benefits of owning Meliá Hotels security.