Dan Hotels (Israel) Market Value
| DANH Stock | ILS 2,230 31.00 1.37% |
| Symbol | Dan |
Dan 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 Dan 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 Dan Hotels.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Dan Hotels on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding Dan Hotels or generate 0.0% return on investment in Dan Hotels over 180 days. Dan Hotels is related to or competes with Harel Insurance, Victory Supermarket, Automatic Bank, First International, Rimon Consulting, Rapac Communication, and Amanet Management. Dan Hotels Ltd owns and operates a chain of hotels in Israel More
Dan 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 Dan 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 Dan Hotels upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 4.77 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 2.14 |
Dan Hotels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dan Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dan Hotels' standard deviation. In reality, there are many statistical measures that can use Dan Hotels historical prices to predict the future Dan Hotels' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (1.38) |
Dan Hotels Backtested Returns
Dan Hotels secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13% return per unit of risk over the last 3 months. Dan Hotels exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dan Hotels' Standard Deviation of 1.02, mean deviation of 0.6425, and Variance of 1.04 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0895, which means not very significant fluctuations relative to the market. As returns on the market increase, Dan Hotels' returns are expected to increase less than the market. However, during the bear market, the loss of holding Dan Hotels is expected to be smaller as well. At this point, Dan Hotels has a negative expected return of -0.14%. Please make sure to confirm Dan Hotels' treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Dan Hotels performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.67 |
Very good reverse predictability
Dan Hotels has very good reverse predictability. Overlapping area represents the amount of predictability between Dan Hotels time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 Dan Hotels price movement. The serial correlation of -0.67 indicates that around 67.0% of current Dan Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 6333.96 |
Dan Hotels lagged returns against current returns
Autocorrelation, which is Dan 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 Dan Hotels' stock expected returns. We can calculate the autocorrelation of Dan Hotels returns to help us make a trade decision. For example, suppose you find that Dan 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 |
Dan 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 Dan Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dan Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dan Hotels stock over time.
Current vs Lagged Prices |
| Timeline |
Dan Hotels Lagged Returns
When evaluating Dan Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dan Hotels stock have on its future price. Dan 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, Dan Hotels autocorrelation shows the relationship between Dan Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in Dan Hotels.
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 Dan Stock
Dan Hotels financial ratios help investors to determine whether Dan 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 Dan with respect to the benefits of owning Dan Hotels security.