Hotelim Socit (France) Market Value
| MLHOT Stock | EUR 39.40 0.60 1.50% |
| Symbol | Hotelim |
Hotelim Socit '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 Hotelim Socit'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 Hotelim Socit.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Hotelim Socit on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Hotelim Socit Anonyme or generate 0.0% return on investment in Hotelim Socit over 360 days. Hotelim Socit is related to or competes with Marie Brizard, Onlineformapro, Bilendi, Fill Up, Reworld Media, and Jacquet Metal. Hotelim Socit Anonyme operates and manages various hotels in France and internationally More
Hotelim Socit 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 Hotelim Socit'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 Hotelim Socit Anonyme upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 18.89 |
Hotelim Socit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hotelim Socit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hotelim Socit's standard deviation. In reality, there are many statistical measures that can use Hotelim Socit historical prices to predict the future Hotelim Socit's volatility.| Risk Adjusted Performance | 0.0112 | |||
| Jensen Alpha | 0.0184 | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.04) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hotelim Socit'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.
Hotelim Socit Anonyme Backtested Returns
Currently, Hotelim Socit Anonyme is very steady. Hotelim Socit Anonyme holds Efficiency (Sharpe) Ratio of 0.0052, which attests that the entity had a 0.0052% return per unit of risk over the last 3 months. We have found twenty technical indicators for Hotelim Socit Anonyme, which you can use to evaluate the volatility of the firm. Please check out Hotelim Socit's Standard Deviation of 2.76, market risk adjusted performance of (0.03), and Risk Adjusted Performance of 0.0112 to validate if the risk estimate we provide is consistent with the expected return of 0.0145%. The company retains a Market Volatility (i.e., Beta) of -0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hotelim Socit are expected to decrease at a much lower rate. During the bear market, Hotelim Socit is likely to outperform the market. Hotelim Socit Anonyme right now retains a risk of 2.76%. Please check out Hotelim Socit total risk alpha and day typical price , to decide if Hotelim Socit will be following its current trending patterns.
Auto-correlation | 0.32 |
Below average predictability
Hotelim Socit Anonyme has below average predictability. Overlapping area represents the amount of predictability between Hotelim Socit time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 Hotelim Socit Anonyme price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Hotelim Socit price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 13.35 |
Hotelim Socit Anonyme lagged returns against current returns
Autocorrelation, which is Hotelim Socit 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 Hotelim Socit's stock expected returns. We can calculate the autocorrelation of Hotelim Socit returns to help us make a trade decision. For example, suppose you find that Hotelim Socit 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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Hotelim Socit 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 Hotelim Socit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hotelim Socit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hotelim Socit stock over time.
Current vs Lagged Prices |
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Hotelim Socit Lagged Returns
When evaluating Hotelim Socit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hotelim Socit stock have on its future price. Hotelim Socit 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, Hotelim Socit autocorrelation shows the relationship between Hotelim Socit stock current value and its past values and can show if there is a momentum factor associated with investing in Hotelim Socit Anonyme.
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.Additional Tools for Hotelim Stock Analysis
When running Hotelim Socit's price analysis, check to measure Hotelim Socit'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 Hotelim Socit is operating at the current time. Most of Hotelim Socit's value examination focuses on studying past and present price action to predict the probability of Hotelim Socit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hotelim Socit's price. Additionally, you may evaluate how the addition of Hotelim Socit to your portfolios can decrease your overall portfolio volatility.