Hoteles Bestprice (France) Market Value
| MLHBP Stock | 3.00 0.00 0.00% |
| Symbol | Hoteles |
Hoteles Bestprice '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 Hoteles Bestprice'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 Hoteles Bestprice.
| 09/11/2024 |
| 12/10/2024 |
If you would invest 0.00 in Hoteles Bestprice on September 11, 2024 and sell it all today you would earn a total of 0.00 from holding Hoteles Bestprice SA or generate 0.0% return on investment in Hoteles Bestprice over 90 days. Hoteles Bestprice is related to or competes with Les Hotels, Groupe Partouche, Centrale DAchat, Manitou BF, Ossiam Minimum, Ekinops SA, and Orapi SA. More
Hoteles Bestprice 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 Hoteles Bestprice'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 Hoteles Bestprice SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 12.79 |
Hoteles Bestprice Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hoteles Bestprice's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hoteles Bestprice's standard deviation. In reality, there are many statistical measures that can use Hoteles Bestprice historical prices to predict the future Hoteles Bestprice's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | 0.6542 |
Hoteles Bestprice Backtested Returns
Hoteles Bestprice holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of risk over the last 3 months. Hoteles Bestprice exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hoteles Bestprice's Standard Deviation of 1.59, market risk adjusted performance of 0.6642, and Risk Adjusted Performance of (0.09) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.35, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Hoteles Bestprice are expected to decrease at a much lower rate. During the bear market, Hoteles Bestprice is likely to outperform the market. At this point, Hoteles Bestprice has a negative expected return of -0.22%. Please make sure to check out Hoteles Bestprice's risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to decide if Hoteles Bestprice performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Hoteles Bestprice SA has no correlation between past and present. Overlapping area represents the amount of predictability between Hoteles Bestprice time series from 11th of September 2024 to 26th of October 2024 and 26th of October 2024 to 10th 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 Hoteles Bestprice price movement. The serial correlation of 0.0 indicates that just 0.0% of current Hoteles Bestprice price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Hoteles Bestprice lagged returns against current returns
Autocorrelation, which is Hoteles Bestprice 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 Hoteles Bestprice's stock expected returns. We can calculate the autocorrelation of Hoteles Bestprice returns to help us make a trade decision. For example, suppose you find that Hoteles Bestprice 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 |
Hoteles Bestprice 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 Hoteles Bestprice stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hoteles Bestprice stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hoteles Bestprice stock over time.
Current vs Lagged Prices |
| Timeline |
Hoteles Bestprice Lagged Returns
When evaluating Hoteles Bestprice's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hoteles Bestprice stock have on its future price. Hoteles Bestprice 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, Hoteles Bestprice autocorrelation shows the relationship between Hoteles Bestprice stock current value and its past values and can show if there is a momentum factor associated with investing in Hoteles Bestprice SA.
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.Additional Tools for Hoteles Stock Analysis
When running Hoteles Bestprice's price analysis, check to measure Hoteles Bestprice'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 Hoteles Bestprice is operating at the current time. Most of Hoteles Bestprice's value examination focuses on studying past and present price action to predict the probability of Hoteles Bestprice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hoteles Bestprice's price. Additionally, you may evaluate how the addition of Hoteles Bestprice to your portfolios can decrease your overall portfolio volatility.