Les Hotels (France) Market Value
| ALLHB Stock | EUR 72.00 1.00 1.41% |
| Symbol | Les |
Les 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 Les 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 Les Hotels.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Les Hotels on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Les Hotels Bav or generate 0.0% return on investment in Les Hotels over 180 days. Les Hotels is related to or competes with Nexity, Icade SA, Rubis SCA, and SCOR SE. Les Htels Baverez S.A. owns and operates 5-star hotels in Paris More
Les 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 Les 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 Les Hotels Bav upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.84 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 18.93 | |||
| Value At Risk | (2.00) | |||
| Potential Upside | 2.04 |
Les Hotels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Les Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Les Hotels' standard deviation. In reality, there are many statistical measures that can use Les Hotels historical prices to predict the future Les Hotels' volatility.| Risk Adjusted Performance | 0.0218 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0676 |
Les Hotels Bav Backtested Returns
Currently, Les Hotels Bav is very steady. Les Hotels Bav has Sharpe Ratio of 0.0203, which conveys that the firm had a 0.0203% return per unit of risk over the last 3 months. We have found thirty technical indicators for Les Hotels, which you can use to evaluate the volatility of the firm. Please verify Les Hotels' Risk Adjusted Performance of 0.0218, mean deviation of 0.7673, and Downside Deviation of 3.84 to check out if the risk estimate we provide is consistent with the expected return of 0.0435%. Les Hotels has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.49, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Les Hotels' returns are expected to increase less than the market. However, during the bear market, the loss of holding Les Hotels is expected to be smaller as well. Les Hotels Bav right now secures a risk of 2.15%. Please verify Les Hotels Bav sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to decide if Les Hotels Bav will be following its current price movements.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Les Hotels Bav has insignificant reverse predictability. Overlapping area represents the amount of predictability between Les Hotels time series from 31st of May 2024 to 29th of August 2024 and 29th of August 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 Les Hotels Bav price movement. The serial correlation of -0.17 indicates that over 17.0% of current Les Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 3.6 |
Les Hotels Bav lagged returns against current returns
Autocorrelation, which is Les 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 Les Hotels' stock expected returns. We can calculate the autocorrelation of Les Hotels returns to help us make a trade decision. For example, suppose you find that Les 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 |
Les 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 Les Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Les Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Les Hotels stock over time.
Current vs Lagged Prices |
| Timeline |
Les Hotels Lagged Returns
When evaluating Les Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Les Hotels stock have on its future price. Les 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, Les Hotels autocorrelation shows the relationship between Les Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in Les Hotels Bav.
Regressed Prices |
| Timeline |
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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.Additional Tools for Les Stock Analysis
When running Les Hotels' price analysis, check to measure Les Hotels' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Les Hotels is operating at the current time. Most of Les Hotels' value examination focuses on studying past and present price action to predict the probability of Les Hotels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Les Hotels' price. Additionally, you may evaluate how the addition of Les Hotels to your portfolios can decrease your overall portfolio volatility.