NH HOTEL (Germany) Market Value
| NH5 Stock | 6.27 0.03 0.48% |
| Symbol | NH5 |
NH 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 NH 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 NH HOTEL.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in NH HOTEL on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding NH HOTEL GROUP or generate 0.0% return on investment in NH HOTEL over 90 days. NH HOTEL is related to or competes with COMBA TELECOM, MAROC TELECOM, SLR Investment, Japan Asia, Diversified Healthcare, Singapore Telecommunicatio, and New Residential. More
NH 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 NH 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 NH HOTEL GROUP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9184 | |||
| Information Ratio | 0.1804 | |||
| Maximum Drawdown | 35.56 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 2.12 |
NH HOTEL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NH HOTEL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NH HOTEL's standard deviation. In reality, there are many statistical measures that can use NH HOTEL historical prices to predict the future NH HOTEL's volatility.| Risk Adjusted Performance | 0.1445 | |||
| Jensen Alpha | 0.5986 | |||
| Total Risk Alpha | 1.18 | |||
| Sortino Ratio | 0.8264 | |||
| Treynor Ratio | (1.38) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NH HOTEL's 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.
NH HOTEL GROUP Backtested Returns
Currently, NH HOTEL GROUP is not too volatile. NH HOTEL GROUP retains Efficiency (Sharpe Ratio) of 0.0741, which conveys that the firm had a 0.0741 % return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for NH HOTEL, which you can use to evaluate the volatility of the firm. Please verify NH HOTEL's Variance of 17.7, market risk adjusted performance of (1.37), and Mean Deviation of 1.39 to check out if the risk estimate we provide is consistent with the expected return of 0.0651%. NH HOTEL has a performance score of 5 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of -0.47, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning NH HOTEL are expected to decrease at a much lower rate. During the bear market, NH HOTEL is likely to outperform the market. NH HOTEL GROUP today owns a risk of 0.88%. Please verify NH HOTEL GROUP maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if NH HOTEL GROUP will be following its current price history.
Auto-correlation | -0.08 |
Very weak reverse predictability
NH HOTEL GROUP has very weak reverse predictability. Overlapping area represents the amount of predictability between NH 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 NH HOTEL GROUP price movement. The serial correlation of -0.08 indicates that barely 8.0% of current NH HOTEL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
NH HOTEL GROUP lagged returns against current returns
Autocorrelation, which is NH 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 NH HOTEL's stock expected returns. We can calculate the autocorrelation of NH HOTEL returns to help us make a trade decision. For example, suppose you find that NH 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 |
NH 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 NH HOTEL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NH HOTEL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NH HOTEL stock over time.
Current vs Lagged Prices |
| Timeline |
NH HOTEL Lagged Returns
When evaluating NH HOTEL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NH HOTEL stock have on its future price. NH 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, NH HOTEL autocorrelation shows the relationship between NH HOTEL stock current value and its past values and can show if there is a momentum factor associated with investing in NH HOTEL GROUP.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for NH5 Stock Analysis
When running NH HOTEL's price analysis, check to measure NH HOTEL'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 NH HOTEL is operating at the current time. Most of NH HOTEL's value examination focuses on studying past and present price action to predict the probability of NH HOTEL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NH HOTEL's price. Additionally, you may evaluate how the addition of NH HOTEL to your portfolios can decrease your overall portfolio volatility.