Misr Hotels' market value is the price at which a share of Misr Hotels trades on a public exchange. It measures the collective expectations of Misr Hotels investors about its performance. Misr Hotels is trading at 29.42 as of the 2nd of December 2024. This is a 1.41 percent down since the beginning of the trading day. The stock's lowest day price was 29.25. With this module, you can estimate the performance of a buy and hold strategy of Misr Hotels and determine expected loss or profit from investing in Misr Hotels over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Misr
Misr 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 Misr 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 Misr Hotels.
0.00
06/05/2024
No Change 0.00
0.0
In 5 months and 30 days
12/02/2024
0.00
If you would invest 0.00 in Misr Hotels on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Misr Hotels or generate 0.0% return on investment in Misr Hotels over 180 days.
Misr 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 Misr 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 Misr Hotels upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Misr Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Misr Hotels' standard deviation. In reality, there are many statistical measures that can use Misr Hotels historical prices to predict the future Misr Hotels' volatility.
Misr Hotels appears to be not too volatile, given 3 months investment horizon. Misr Hotels has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. By analyzing Misr Hotels' technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please exercise Misr Hotels' Mean Deviation of 3.48, risk adjusted performance of (0.05), and Standard Deviation of 10.73 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Misr Hotels holds a performance score of 9. The company secures a Beta (Market Risk) of 3.71, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Misr Hotels will likely underperform. Please check Misr Hotels' maximum drawdown, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to make a quick decision on whether Misr Hotels' current price movements will revert.
Auto-correlation
-0.77
Almost perfect reverse predictability
Misr Hotels has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Misr Hotels time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd of December 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 Misr Hotels price movement. The serial correlation of -0.77 indicates that around 77.0% of current Misr Hotels price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.77
Spearman Rank Test
-0.39
Residual Average
0.0
Price Variance
14.57
Misr Hotels lagged returns against current returns
Autocorrelation, which is Misr 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 Misr Hotels' stock expected returns. We can calculate the autocorrelation of Misr Hotels returns to help us make a trade decision. For example, suppose you find that Misr 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
Misr 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 Misr Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Misr Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Misr Hotels stock over time.
Current vs Lagged Prices
Timeline
Misr Hotels Lagged Returns
When evaluating Misr Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Misr Hotels stock have on its future price. Misr 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, Misr Hotels autocorrelation shows the relationship between Misr Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in Misr 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.