ASHFORD HOSPITTRUST (Germany) Market Value
| AHD Stock | EUR 5.05 0.00 0.00% |
| Symbol | ASHFORD |
ASHFORD HOSPITTRUST '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 ASHFORD HOSPITTRUST'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 ASHFORD HOSPITTRUST.
| 08/05/2023 |
| 11/27/2024 |
If you would invest 0.00 in ASHFORD HOSPITTRUST on August 5, 2023 and sell it all today you would earn a total of 0.00 from holding ASHFORD HOSPITTRUST or generate 0.0% return on investment in ASHFORD HOSPITTRUST over 480 days. ASHFORD HOSPITTRUST is related to or competes with Host Hotels, Sunstone Hotel, Xenia Hotels, Summit Hotel, and . Ashford Hospitality Trust is a real estate investment trust focused on investing opportunistically in the hospitality in... More
ASHFORD HOSPITTRUST 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 ASHFORD HOSPITTRUST'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 ASHFORD HOSPITTRUST upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 25.67 | |||
| Value At Risk | (5.66) | |||
| Potential Upside | 4.77 |
ASHFORD HOSPITTRUST Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ASHFORD HOSPITTRUST's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ASHFORD HOSPITTRUST's standard deviation. In reality, there are many statistical measures that can use ASHFORD HOSPITTRUST historical prices to predict the future ASHFORD HOSPITTRUST's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.75) | |||
| Total Risk Alpha | (1.37) | |||
| Treynor Ratio | 1.64 |
ASHFORD HOSPITTRUST Backtested Returns
ASHFORD HOSPITTRUST secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2% return per unit of risk over the last 3 months. ASHFORD HOSPITTRUST exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ASHFORD HOSPITTRUST's Risk Adjusted Performance of (0.16), mean deviation of 2.32, and Standard Deviation of 3.59 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ASHFORD HOSPITTRUST are expected to decrease at a much lower rate. During the bear market, ASHFORD HOSPITTRUST is likely to outperform the market. At this point, ASHFORD HOSPITTRUST has a negative expected return of -0.74%. Please make sure to confirm ASHFORD HOSPITTRUST's variance, jensen alpha, and the relationship between the standard deviation and information ratio , to decide if ASHFORD HOSPITTRUST performance from the past will be repeated in the future.
Auto-correlation | 0.89 |
Very good predictability
ASHFORD HOSPITTRUST has very good predictability. Overlapping area represents the amount of predictability between ASHFORD HOSPITTRUST time series from 5th of August 2023 to 1st of April 2024 and 1st of April 2024 to 27th 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 ASHFORD HOSPITTRUST price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current ASHFORD HOSPITTRUST price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 5.6 |
ASHFORD HOSPITTRUST lagged returns against current returns
Autocorrelation, which is ASHFORD HOSPITTRUST 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 ASHFORD HOSPITTRUST's stock expected returns. We can calculate the autocorrelation of ASHFORD HOSPITTRUST returns to help us make a trade decision. For example, suppose you find that ASHFORD HOSPITTRUST 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 |
ASHFORD HOSPITTRUST 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 ASHFORD HOSPITTRUST stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ASHFORD HOSPITTRUST stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ASHFORD HOSPITTRUST stock over time.
Current vs Lagged Prices |
| Timeline |
ASHFORD HOSPITTRUST Lagged Returns
When evaluating ASHFORD HOSPITTRUST's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ASHFORD HOSPITTRUST stock have on its future price. ASHFORD HOSPITTRUST 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, ASHFORD HOSPITTRUST autocorrelation shows the relationship between ASHFORD HOSPITTRUST stock current value and its past values and can show if there is a momentum factor associated with investing in ASHFORD HOSPITTRUST.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ASHFORD Stock
ASHFORD HOSPITTRUST financial ratios help investors to determine whether ASHFORD 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 ASHFORD with respect to the benefits of owning ASHFORD HOSPITTRUST security.