Eastparc Hotel (Indonesia) Market Value
| EAST Stock | 107.00 1.00 0.93% |
| Symbol | Eastparc |
Eastparc Hotel '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 Eastparc Hotel'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 Eastparc Hotel.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Eastparc Hotel on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Eastparc Hotel Tbk or generate 0.0% return on investment in Eastparc Hotel over 30 days. Eastparc Hotel is related to or competes with Menteng Heritage, Hotel Fitra, Jasa Armada, Cahayaputra Asa, and Campina Ice. More
Eastparc Hotel 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 Eastparc Hotel'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 Eastparc Hotel Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 16.31 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 1.05 |
Eastparc Hotel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eastparc Hotel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eastparc Hotel's standard deviation. In reality, there are many statistical measures that can use Eastparc Hotel historical prices to predict the future Eastparc Hotel's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.60) |
Eastparc Hotel Tbk Backtested Returns
Eastparc Hotel Tbk secures Sharpe Ratio (or Efficiency) of -0.0862, which denotes the company had a -0.0862% return per unit of risk over the last 3 months. Eastparc Hotel Tbk exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eastparc Hotel's Standard Deviation of 1.8, mean deviation of 0.9867, and Variance of 3.24 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.25, which means not very significant fluctuations relative to the market. As returns on the market increase, Eastparc Hotel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eastparc Hotel is expected to be smaller as well. At this point, Eastparc Hotel Tbk has a negative expected return of -0.16%. Please make sure to confirm Eastparc Hotel's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Eastparc Hotel Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.38 |
Below average predictability
Eastparc Hotel Tbk has below average predictability. Overlapping area represents the amount of predictability between Eastparc Hotel time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Eastparc Hotel Tbk price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Eastparc Hotel price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 13.34 |
Eastparc Hotel Tbk lagged returns against current returns
Autocorrelation, which is Eastparc Hotel 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 Eastparc Hotel's stock expected returns. We can calculate the autocorrelation of Eastparc Hotel returns to help us make a trade decision. For example, suppose you find that Eastparc Hotel 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 |
Eastparc Hotel 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 Eastparc Hotel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eastparc Hotel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eastparc Hotel stock over time.
Current vs Lagged Prices |
| Timeline |
Eastparc Hotel Lagged Returns
When evaluating Eastparc Hotel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eastparc Hotel stock have on its future price. Eastparc Hotel 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, Eastparc Hotel autocorrelation shows the relationship between Eastparc Hotel stock current value and its past values and can show if there is a momentum factor associated with investing in Eastparc Hotel Tbk.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Eastparc Stock
Eastparc Hotel financial ratios help investors to determine whether Eastparc 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 Eastparc with respect to the benefits of owning Eastparc Hotel security.