Advani Hotels (India) Market Value
| ADVANIHOTR | 64.15 0.95 1.46% |
| Symbol | Advani |
Advani 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 Advani 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 Advani Hotels.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Advani Hotels on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Advani Hotels Resorts or generate 0.0% return on investment in Advani Hotels over 180 days. Advani Hotels is related to or competes with State Bank, Life Insurance, HDFC Bank, ICICI Bank, and Reliance Industries. Advani Hotels is entity of India. It is traded as Stock on NSE exchange. More
Advani 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 Advani 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 Advani Hotels Resorts upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 11.97 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 3.46 |
Advani Hotels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Advani Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Advani Hotels' standard deviation. In reality, there are many statistical measures that can use Advani Hotels historical prices to predict the future Advani Hotels' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (0.96) |
Advani Hotels Resorts Backtested Returns
Advani Hotels Resorts secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. Advani Hotels Resorts exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Advani Hotels' Risk Adjusted Performance of (0.09), standard deviation of 2.11, and Mean Deviation of 1.56 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.3, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Advani Hotels' returns are expected to increase less than the market. However, during the bear market, the loss of holding Advani Hotels is expected to be smaller as well. At this point, Advani Hotels Resorts has a negative expected return of -0.24%. Please make sure to confirm Advani Hotels' skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Advani Hotels Resorts performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.55 |
Good reverse predictability
Advani Hotels Resorts has good reverse predictability. Overlapping area represents the amount of predictability between Advani Hotels time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd 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 Advani Hotels Resorts price movement. The serial correlation of -0.55 indicates that about 55.0% of current Advani Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 19.22 |
Advani Hotels Resorts lagged returns against current returns
Autocorrelation, which is Advani 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 Advani Hotels' stock expected returns. We can calculate the autocorrelation of Advani Hotels returns to help us make a trade decision. For example, suppose you find that Advani 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 |
Advani 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 Advani Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Advani Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Advani Hotels stock over time.
Current vs Lagged Prices |
| Timeline |
Advani Hotels Lagged Returns
When evaluating Advani Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Advani Hotels stock have on its future price. Advani 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, Advani Hotels autocorrelation shows the relationship between Advani Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in Advani Hotels Resorts.
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 Advani Stock
Advani Hotels financial ratios help investors to determine whether Advani 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 Advani with respect to the benefits of owning Advani Hotels security.