Ashford Hospitality Trust Preferred Stock Market Value
| AHT-PF Preferred Stock | USD 15.25 0.04 0.26% |
| Symbol | Ashford |
Ashford 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 Ashford Hospitality's preferred 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 Hospitality.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Ashford Hospitality on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Ashford Hospitality Trust or generate 0.0% return on investment in Ashford Hospitality over 90 days. Ashford Hospitality is related to or competes with Ashford Hospitality, Braemar Hotels, Braemar Hotels, and Sunstone Hotel. Ashford Hospitality Trust is a real estate investment trust focused on investing opportunistically in the hospitality in... More
Ashford 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 Ashford Hospitality's preferred 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 Hospitality Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 13.16 | |||
| Value At Risk | (5.27) | |||
| Potential Upside | 5.74 |
Ashford Hospitality Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ashford Hospitality's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ashford Hospitality's standard deviation. In reality, there are many statistical measures that can use Ashford Hospitality historical prices to predict the future Ashford Hospitality's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 0.0548 | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | 0.0719 |
Ashford Hospitality Trust Backtested Returns
Ashford Hospitality Trust secures Sharpe Ratio (or Efficiency) of -0.0456, which signifies that the company had a -0.0456% return per unit of standard deviation over the last 3 months. Ashford Hospitality Trust exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ashford Hospitality's mean deviation of 2.11, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.12, which signifies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Ashford Hospitality are expected to decrease slowly. On the other hand, during market turmoil, Ashford Hospitality is expected to outperform it slightly. At this point, Ashford Hospitality Trust has a negative expected return of -0.13%. Please make sure to confirm Ashford Hospitality's skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Ashford Hospitality Trust performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Ashford Hospitality Trust has insignificant reverse predictability. Overlapping area represents the amount of predictability between Ashford Hospitality time series from 28th of August 2024 to 12th of October 2024 and 12th 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 Ashford Hospitality Trust price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Ashford Hospitality price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
Ashford Hospitality Trust lagged returns against current returns
Autocorrelation, which is Ashford Hospitality preferred 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 Hospitality's preferred stock expected returns. We can calculate the autocorrelation of Ashford Hospitality returns to help us make a trade decision. For example, suppose you find that Ashford Hospitality has exhibited high autocorrelation historically, and you observe that the preferred 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 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 Ashford Hospitality preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ashford Hospitality preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ashford Hospitality preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Ashford Hospitality Lagged Returns
When evaluating Ashford Hospitality's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ashford Hospitality preferred stock have on its future price. Ashford 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, Ashford Hospitality autocorrelation shows the relationship between Ashford Hospitality preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Ashford Hospitality Trust.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ashford Preferred Stock
Ashford Hospitality financial ratios help investors to determine whether Ashford Preferred 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 Hospitality security.