APPLE HOSPITALITY (Germany) Market Value
| 48T Stock | EUR 15.25 0.35 2.35% |
| Symbol | APPLE |
APPLE HOSPITALITY '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 APPLE HOSPITALITY'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 APPLE HOSPITALITY.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in APPLE HOSPITALITY on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding APPLE HOSPITALITY REIT or generate 0.0% return on investment in APPLE HOSPITALITY over 60 days. APPLE HOSPITALITY is related to or competes with Transportadora, Mitsui Chemicals, Perdoceo Education, Big 5, PARKEN Sport, and TITANIUM TRANSPORTGROUP. is a publicly traded real estate investment trust that owns one of the largest and most diverse portfolios of upscale, r... More
APPLE HOSPITALITY 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 APPLE HOSPITALITY'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 APPLE HOSPITALITY REIT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.0832 | |||
| Maximum Drawdown | 12.91 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 2.82 |
APPLE HOSPITALITY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for APPLE HOSPITALITY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as APPLE HOSPITALITY's standard deviation. In reality, there are many statistical measures that can use APPLE HOSPITALITY historical prices to predict the future APPLE HOSPITALITY's volatility.| Risk Adjusted Performance | 0.1224 | |||
| Jensen Alpha | 0.2969 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0859 | |||
| Treynor Ratio | (1.37) |
APPLE HOSPITALITY REIT Backtested Returns
APPLE HOSPITALITY appears to be not too volatile, given 3 months investment horizon. APPLE HOSPITALITY REIT secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for APPLE HOSPITALITY REIT, which you can use to evaluate the volatility of the firm. Please makes use of APPLE HOSPITALITY's mean deviation of 1.23, and Risk Adjusted Performance of 0.1224 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, APPLE HOSPITALITY holds a performance score of 14. The firm shows a Beta (market volatility) of -0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning APPLE HOSPITALITY are expected to decrease at a much lower rate. During the bear market, APPLE HOSPITALITY is likely to outperform the market. Please check APPLE HOSPITALITY's jensen alpha, sortino ratio, and the relationship between the information ratio and total risk alpha , to make a quick decision on whether APPLE HOSPITALITY's price patterns will revert.
Auto-correlation | 0.52 |
Modest predictability
APPLE HOSPITALITY REIT has modest predictability. Overlapping area represents the amount of predictability between APPLE HOSPITALITY time series from 27th of September 2024 to 27th of October 2024 and 27th of October 2024 to 26th of November 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 APPLE HOSPITALITY REIT price movement. The serial correlation of 0.52 indicates that about 52.0% of current APPLE HOSPITALITY price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
APPLE HOSPITALITY REIT lagged returns against current returns
Autocorrelation, which is APPLE HOSPITALITY 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 APPLE HOSPITALITY's stock expected returns. We can calculate the autocorrelation of APPLE HOSPITALITY returns to help us make a trade decision. For example, suppose you find that APPLE HOSPITALITY 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 |
APPLE HOSPITALITY 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 APPLE HOSPITALITY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if APPLE HOSPITALITY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in APPLE HOSPITALITY stock over time.
Current vs Lagged Prices |
| Timeline |
APPLE HOSPITALITY Lagged Returns
When evaluating APPLE HOSPITALITY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of APPLE HOSPITALITY stock have on its future price. APPLE HOSPITALITY 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, APPLE HOSPITALITY autocorrelation shows the relationship between APPLE HOSPITALITY stock current value and its past values and can show if there is a momentum factor associated with investing in APPLE HOSPITALITY REIT.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in APPLE Stock
When determining whether APPLE HOSPITALITY REIT is a strong investment it is important to analyze APPLE HOSPITALITY's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact APPLE HOSPITALITY's future performance. For an informed investment choice regarding APPLE Stock, refer to the following important reports:Check out APPLE HOSPITALITY Correlation, APPLE HOSPITALITY Volatility and APPLE HOSPITALITY Alpha and Beta module to complement your research on APPLE HOSPITALITY. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
APPLE HOSPITALITY 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.