SUNBIRD HOTELS's market value is the price at which a share of SUNBIRD HOTELS trades on a public exchange. It measures the collective expectations of SUNBIRD HOTELS TOURISM investors about its performance. SUNBIRD HOTELS is trading at 300.03 as of the 19th of March 2025, a No Change since the beginning of the trading day. The stock's lowest day price was 300.03. With this module, you can estimate the performance of a buy and hold strategy of SUNBIRD HOTELS TOURISM and determine expected loss or profit from investing in SUNBIRD HOTELS over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Symbol
SUNBIRD
SUNBIRD 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 SUNBIRD HOTELS'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 SUNBIRD HOTELS.
0.00
12/19/2024
No Change 0.00
0.0
In 2 months and 31 days
03/19/2025
0.00
If you would invest 0.00 in SUNBIRD HOTELS on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding SUNBIRD HOTELS TOURISM or generate 0.0% return on investment in SUNBIRD HOTELS over 90 days.
SUNBIRD 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 SUNBIRD HOTELS'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 SUNBIRD HOTELS TOURISM upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for SUNBIRD HOTELS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SUNBIRD HOTELS's standard deviation. In reality, there are many statistical measures that can use SUNBIRD HOTELS historical prices to predict the future SUNBIRD HOTELS's volatility.
SUNBIRD HOTELS appears to be very steady, given 3 months investment horizon. SUNBIRD HOTELS TOURISM owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18 % return per unit of standard deviation over the last 3 months. We have found seventeen technical indicators for SUNBIRD HOTELS TOURISM, which you can use to evaluate the volatility of the company. Please review SUNBIRD HOTELS's risk adjusted performance of 0.1547, and Variance of 4.48 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SUNBIRD HOTELS holds a performance score of 14. The entity has a beta of 0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SUNBIRD HOTELS's returns are expected to increase less than the market. However, during the bear market, the loss of holding SUNBIRD HOTELS is expected to be smaller as well. Please check SUNBIRD HOTELS's jensen alpha and kurtosis , to make a quick decision on whether SUNBIRD HOTELS's existing price patterns will revert.
Auto-correlation
0.74
Good predictability
SUNBIRD HOTELS TOURISM has good predictability. Overlapping area represents the amount of predictability between SUNBIRD HOTELS time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 SUNBIRD HOTELS TOURISM price movement. The serial correlation of 0.74 indicates that around 74.0% of current SUNBIRD HOTELS price fluctuation can be explain by its past prices.
Correlation Coefficient
0.74
Spearman Rank Test
1.0
Residual Average
0.0
Price Variance
141.37
SUNBIRD HOTELS TOURISM lagged returns against current returns
Autocorrelation, which is SUNBIRD 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 SUNBIRD HOTELS's stock expected returns. We can calculate the autocorrelation of SUNBIRD HOTELS returns to help us make a trade decision. For example, suppose you find that SUNBIRD 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
SUNBIRD 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 SUNBIRD HOTELS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SUNBIRD HOTELS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SUNBIRD HOTELS stock over time.
Current vs Lagged Prices
Timeline
SUNBIRD HOTELS Lagged Returns
When evaluating SUNBIRD HOTELS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SUNBIRD HOTELS stock have on its future price. SUNBIRD 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, SUNBIRD HOTELS autocorrelation shows the relationship between SUNBIRD HOTELS stock current value and its past values and can show if there is a momentum factor associated with investing in SUNBIRD HOTELS TOURISM.
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.