American Hotel Income Stock Market Value
| HOT-U Stock | USD 0.36 0.03 7.69% |
| Symbol | American |
American 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 American 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 American Hotel.
| 12/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in American Hotel on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding American Hotel Income or generate 0.0% return on investment in American Hotel over 330 days. American Hotel is related to or competes with Berkshire Hathaway, Microsoft Corp, Apple, Alphabet, Amazon CDR, Meta Platforms, and Exxon. American Hotel is entity of Canada. It is traded as Stock on TO exchange. More
American 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 American 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 American Hotel Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.89 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 29.89 | |||
| Value At Risk | (5.66) | |||
| Potential Upside | 6.38 |
American Hotel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Hotel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Hotel's standard deviation. In reality, there are many statistical measures that can use American Hotel historical prices to predict the future American Hotel's volatility.| Risk Adjusted Performance | 0.0221 | |||
| Jensen Alpha | 0.0397 | |||
| Total Risk Alpha | (0.56) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.3296 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of American Hotel's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
American Hotel Income Backtested Returns
Currently, American Hotel Income is out of control. American Hotel Income secures Sharpe Ratio (or Efficiency) of 0.0186, which signifies that the company had a 0.0186% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for American Hotel Income, which you can use to evaluate the volatility of the firm. Please confirm American Hotel's risk adjusted performance of 0.0221, and Mean Deviation of 1.49 to double-check if the risk estimate we provide is consistent with the expected return of 0.075%. American Hotel has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, American Hotel's returns are expected to increase less than the market. However, during the bear market, the loss of holding American Hotel is expected to be smaller as well. American Hotel Income right now shows a risk of 4.02%. Please confirm American Hotel Income information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to decide if American Hotel Income will be following its price patterns.
Auto-correlation | -0.57 |
Good reverse predictability
American Hotel Income has good reverse predictability. Overlapping area represents the amount of predictability between American Hotel time series from 29th of December 2023 to 11th of June 2024 and 11th of June 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 American Hotel Income price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current American Hotel price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
American Hotel Income lagged returns against current returns
Autocorrelation, which is American 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 American Hotel's stock expected returns. We can calculate the autocorrelation of American Hotel returns to help us make a trade decision. For example, suppose you find that American 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 |
American 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 American Hotel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Hotel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Hotel stock over time.
Current vs Lagged Prices |
| Timeline |
American Hotel Lagged Returns
When evaluating American Hotel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Hotel stock have on its future price. American 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, American Hotel autocorrelation shows the relationship between American Hotel stock current value and its past values and can show if there is a momentum factor associated with investing in American Hotel Income.
Regressed Prices |
| Timeline |
Pair Trading with American Hotel
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Hotel position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Hotel will appreciate offsetting losses from the drop in the long position's value.Moving against American Stock
The ability to find closely correlated positions to American Hotel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Hotel when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Hotel - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Hotel Income to buy it.
The correlation of American Hotel is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Hotel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Hotel Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Hotel can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for American Stock Analysis
When running American Hotel's price analysis, check to measure American Hotel's 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 American Hotel is operating at the current time. Most of American Hotel's value examination focuses on studying past and present price action to predict the probability of American Hotel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Hotel's price. Additionally, you may evaluate how the addition of American Hotel to your portfolios can decrease your overall portfolio volatility.