Hostelworld Group (UK) Market Value
| HSW Stock | 126.00 2.00 1.56% |
| Symbol | Hostelworld |
Hostelworld Group '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 Hostelworld Group'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 Hostelworld Group.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Hostelworld Group on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Hostelworld Group PLC or generate 0.0% return on investment in Hostelworld Group over 30 days. Hostelworld Group is related to or competes with Beeks Trading, Lindsell Train, OneSavings Bank, Kinnevik Investment, Dalata Hotel, and Wyndham Hotels. Hostelworld Group is entity of United Kingdom More
Hostelworld Group 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 Hostelworld Group'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 Hostelworld Group PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 9.59 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 2.22 |
Hostelworld Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hostelworld Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hostelworld Group's standard deviation. In reality, there are many statistical measures that can use Hostelworld Group historical prices to predict the future Hostelworld Group's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.6789 |
Hostelworld Group PLC Backtested Returns
Hostelworld Group PLC holds Efficiency (Sharpe) Ratio of -0.0315, which attests that the entity had a -0.0315 % return per unit of risk over the last 3 months. Hostelworld Group PLC exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hostelworld Group's Standard Deviation of 1.6, risk adjusted performance of (0.02), and Market Risk Adjusted Performance of 0.6889 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hostelworld Group are expected to decrease at a much lower rate. During the bear market, Hostelworld Group is likely to outperform the market. At this point, Hostelworld Group PLC has a negative expected return of -0.0503%. Please make sure to check out Hostelworld Group's accumulation distribution, and the relationship between the potential upside and day median price , to decide if Hostelworld Group PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.11 |
Insignificant predictability
Hostelworld Group PLC has insignificant predictability. Overlapping area represents the amount of predictability between Hostelworld Group time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hostelworld Group PLC price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Hostelworld Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 2.15 |
Hostelworld Group PLC lagged returns against current returns
Autocorrelation, which is Hostelworld Group 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 Hostelworld Group's stock expected returns. We can calculate the autocorrelation of Hostelworld Group returns to help us make a trade decision. For example, suppose you find that Hostelworld Group 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 |
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Hostelworld Group 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 Hostelworld Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hostelworld Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hostelworld Group stock over time.
Current vs Lagged Prices |
| Timeline |
Hostelworld Group Lagged Returns
When evaluating Hostelworld Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hostelworld Group stock have on its future price. Hostelworld Group 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, Hostelworld Group autocorrelation shows the relationship between Hostelworld Group stock current value and its past values and can show if there is a momentum factor associated with investing in Hostelworld Group PLC.
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 Hostelworld Stock
Hostelworld Group financial ratios help investors to determine whether Hostelworld 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 Hostelworld with respect to the benefits of owning Hostelworld Group security.