Soho House Co Stock Market Value
| SHCO Stock | 4.96 0.03 0.60% |
| Symbol | Soho |
Soho House Price To Book Ratio
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Soho House. If investors know Soho will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Soho House listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.91) | Revenue Per Share 5.924 | Quarterly Revenue Growth 0.056 | Return On Assets (0) | Return On Equity (5.83) |
The market value of Soho House is measured differently than its book value, which is the value of Soho that is recorded on the company's balance sheet. Investors also form their own opinion of Soho House's value that differs from its market value or its book value, called intrinsic value, which is Soho House's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Soho House's market value can be influenced by many factors that don't directly affect Soho House's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Soho House's value and its price as these two are different measures arrived at by different means. Investors typically determine if Soho House is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Soho House's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Soho House '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 Soho House'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 Soho House.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Soho House on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Soho House Co or generate 0.0% return on investment in Soho House over 30 days. Soho House is related to or competes with BCE, Pinterest, United Fire, Weibo Corp, Aspen Insurance, Palomar Holdings, and Zedge. Soho House is entity of United States. It is traded as Stock on NYSE exchange. More
Soho House 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 Soho House'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 Soho House Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 15.36 | |||
| Value At Risk | (5.38) | |||
| Potential Upside | 4.57 |
Soho House Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Soho House's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Soho House's standard deviation. In reality, there are many statistical measures that can use Soho House historical prices to predict the future Soho House's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.07) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Soho House'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.
Soho House Backtested Returns
Soho House owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0246, which indicates the firm had a -0.0246% return per unit of risk over the last 3 months. Soho House Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Soho House's Coefficient Of Variation of (3,296), variance of 7.54, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The entity has a beta of 1.26, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Soho House will likely underperform. At this point, Soho House has a negative expected return of -0.0685%. Please make sure to validate Soho House's maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Soho House performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.32 |
Below average predictability
Soho House Co has below average predictability. Overlapping area represents the amount of predictability between Soho House time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Soho House price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Soho House price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Soho House lagged returns against current returns
Autocorrelation, which is Soho House 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 Soho House's stock expected returns. We can calculate the autocorrelation of Soho House returns to help us make a trade decision. For example, suppose you find that Soho House 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 |
Soho House 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 Soho House stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Soho House stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Soho House stock over time.
Current vs Lagged Prices |
| Timeline |
Soho House Lagged Returns
When evaluating Soho House's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Soho House stock have on its future price. Soho House 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, Soho House autocorrelation shows the relationship between Soho House stock current value and its past values and can show if there is a momentum factor associated with investing in Soho House Co.
Regressed Prices |
| Timeline |
Pair Trading with Soho House
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 Soho House 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 Soho House will appreciate offsetting losses from the drop in the long position's value.Moving against Soho Stock
| 0.63 | BH | Biglari Holdings | PairCorr |
| 0.53 | CMG | Chipotle Mexican Grill | PairCorr |
| 0.49 | IHG | InterContinental Hotels | PairCorr |
| 0.49 | XPOF | Xponential Fitness | PairCorr |
| 0.47 | DPZ | Dominos Pizza | PairCorr |
The ability to find closely correlated positions to Soho House could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Soho House 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 Soho House - 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 Soho House Co to buy it.
The correlation of Soho House 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 Soho House moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Soho House 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 Soho House 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.Check out Soho House Correlation, Soho House Volatility and Soho House Alpha and Beta module to complement your research on Soho House. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Soho House technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.