Impiana Hotels (Malaysia) Market Value
| 7243 Stock | 0.22 0.01 4.76% |
| Symbol | Impiana |
Impiana 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 Impiana Hotels' 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 Impiana Hotels.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Impiana Hotels on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Impiana Hotels Bhd or generate 0.0% return on investment in Impiana Hotels over 540 days. Impiana Hotels is related to or competes with Star Media, Aeon Credit, British American, Eversafe Rubber, and Sungei Bagan. More
Impiana 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 Impiana Hotels' 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 Impiana Hotels Bhd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.71 | |||
| Information Ratio | 0.0044 | |||
| Maximum Drawdown | 19.05 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 5.0 |
Impiana Hotels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Impiana Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Impiana Hotels' standard deviation. In reality, there are many statistical measures that can use Impiana Hotels historical prices to predict the future Impiana Hotels' volatility.| Risk Adjusted Performance | 0.037 | |||
| Jensen Alpha | 0.1392 | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | 0.0035 | |||
| Treynor Ratio | (2.03) |
Impiana Hotels Bhd Backtested Returns
As of now, Impiana Stock is out of control. Impiana Hotels Bhd holds Efficiency (Sharpe) Ratio of 0.0391, which attests that the entity had a 0.0391% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Impiana Hotels Bhd, which you can use to evaluate the volatility of the firm. Please check out Impiana Hotels' Market Risk Adjusted Performance of (2.02), risk adjusted performance of 0.037, and Downside Deviation of 4.71 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. Impiana Hotels has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0648, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Impiana Hotels are expected to decrease at a much lower rate. During the bear market, Impiana Hotels is likely to outperform the market. Impiana Hotels Bhd right now retains a risk of 3.76%. Please check out Impiana Hotels coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if Impiana Hotels will be following its current trending patterns.
Auto-correlation | -0.27 |
Weak reverse predictability
Impiana Hotels Bhd has weak reverse predictability. Overlapping area represents the amount of predictability between Impiana Hotels time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Impiana Hotels Bhd price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Impiana Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Impiana Hotels Bhd lagged returns against current returns
Autocorrelation, which is Impiana 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 Impiana Hotels' stock expected returns. We can calculate the autocorrelation of Impiana Hotels returns to help us make a trade decision. For example, suppose you find that Impiana 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 |
Impiana 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 Impiana Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Impiana Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Impiana Hotels stock over time.
Current vs Lagged Prices |
| Timeline |
Impiana Hotels Lagged Returns
When evaluating Impiana Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Impiana Hotels stock have on its future price. Impiana 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, Impiana Hotels autocorrelation shows the relationship between Impiana Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in Impiana Hotels Bhd.
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 Impiana Stock
Impiana Hotels financial ratios help investors to determine whether Impiana 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 Impiana with respect to the benefits of owning Impiana Hotels security.