MIRAMAR HOTEL (Germany) Market Value
| MRL Stock | EUR 1.05 0.01 0.96% |
| Symbol | MIRAMAR |
MIRAMAR HOTEL '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 MIRAMAR HOTEL'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 MIRAMAR HOTEL.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in MIRAMAR HOTEL on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding MIRAMAR HOTEL INV or generate 0.0% return on investment in MIRAMAR HOTEL over 90 days. MIRAMAR HOTEL is related to or competes with TITAN MACHINERY, Dairy Farm, DAIRY FARM, Tokyu Construction, AGRICULTBK HADR25, and AEGEAN AIRLINES. More
MIRAMAR HOTEL 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 MIRAMAR HOTEL'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 MIRAMAR HOTEL INV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0229 | |||
| Maximum Drawdown | 3.72 | |||
| Value At Risk | (0.95) | |||
| Potential Upside | 0.9434 |
MIRAMAR HOTEL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MIRAMAR HOTEL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MIRAMAR HOTEL's standard deviation. In reality, there are many statistical measures that can use MIRAMAR HOTEL historical prices to predict the future MIRAMAR HOTEL's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | 0.0066 | |||
| Treynor Ratio | (0.67) |
MIRAMAR HOTEL INV Backtested Returns
MIRAMAR HOTEL INV has Sharpe Ratio of -0.15, which conveys that the firm had a -0.15 % return per unit of volatility over the last 3 months. MIRAMAR HOTEL exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MIRAMAR HOTEL's mean deviation of 0.5599, and Risk Adjusted Performance of (0.09) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MIRAMAR HOTEL's returns are expected to increase less than the market. However, during the bear market, the loss of holding MIRAMAR HOTEL is expected to be smaller as well. At this point, MIRAMAR HOTEL INV has a negative expected return of -0.12%. Please make sure to verify MIRAMAR HOTEL's total risk alpha, potential upside, kurtosis, as well as the relationship between the treynor ratio and skewness , to decide if MIRAMAR HOTEL INV performance from the past will be repeated at future time.
Auto-correlation | 0.42 |
Average predictability
MIRAMAR HOTEL INV has average predictability. Overlapping area represents the amount of predictability between MIRAMAR HOTEL 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 MIRAMAR HOTEL INV price movement. The serial correlation of 0.42 indicates that just about 42.0% of current MIRAMAR HOTEL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
MIRAMAR HOTEL INV lagged returns against current returns
Autocorrelation, which is MIRAMAR HOTEL 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 MIRAMAR HOTEL's stock expected returns. We can calculate the autocorrelation of MIRAMAR HOTEL returns to help us make a trade decision. For example, suppose you find that MIRAMAR HOTEL 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 |
MIRAMAR HOTEL 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 MIRAMAR HOTEL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MIRAMAR HOTEL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MIRAMAR HOTEL stock over time.
Current vs Lagged Prices |
| Timeline |
MIRAMAR HOTEL Lagged Returns
When evaluating MIRAMAR HOTEL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MIRAMAR HOTEL stock have on its future price. MIRAMAR HOTEL 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, MIRAMAR HOTEL autocorrelation shows the relationship between MIRAMAR HOTEL stock current value and its past values and can show if there is a momentum factor associated with investing in MIRAMAR HOTEL INV.
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 MIRAMAR Stock
MIRAMAR HOTEL financial ratios help investors to determine whether MIRAMAR 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 MIRAMAR with respect to the benefits of owning MIRAMAR HOTEL security.