Netz Hotels (Israel) Market Value
| NZHT Stock | ILS 34.10 0.60 1.79% |
| Symbol | Netz |
Netz 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 Netz 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 Netz Hotels.
| 12/03/2023 |
| 11/27/2024 |
If you would invest 0.00 in Netz Hotels on December 3, 2023 and sell it all today you would earn a total of 0.00 from holding Netz Hotels or generate 0.0% return on investment in Netz Hotels over 360 days. Netz Hotels is related to or competes with Direct Capital, Itay Financial, B Communications, Holmes Place, Nova, and Petrochemical. It operates seven hotels with 2000 rooms under the Crowne Plaza and Holiday Inn brands More
Netz 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 Netz 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 Netz Hotels upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.63 | |||
| Information Ratio | 0.048 | |||
| Maximum Drawdown | 22.43 | |||
| Value At Risk | (5.50) | |||
| Potential Upside | 6.55 |
Netz Hotels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Netz Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Netz Hotels' standard deviation. In reality, there are many statistical measures that can use Netz Hotels historical prices to predict the future Netz Hotels' volatility.| Risk Adjusted Performance | 0.0698 | |||
| Jensen Alpha | 0.2283 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.0528 | |||
| Treynor Ratio | 0.4486 |
Netz Hotels Backtested Returns
Netz Hotels appears to be not too volatile, given 3 months investment horizon. Netz Hotels has Sharpe Ratio of 0.0869, which conveys that the firm had a 0.0869% return per unit of risk over the last 3 months. We have found thirty technical indicators for Netz Hotels, which you can use to evaluate the volatility of the firm. Please exercise Netz Hotels' Downside Deviation of 3.63, mean deviation of 2.89, and Risk Adjusted Performance of 0.0698 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Netz Hotels holds a performance score of 6. The company secures a Beta (Market Risk) of 0.7, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Netz Hotels' returns are expected to increase less than the market. However, during the bear market, the loss of holding Netz Hotels is expected to be smaller as well. Please check Netz Hotels' sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether Netz Hotels' current price movements will revert.
Auto-correlation | -0.28 |
Weak reverse predictability
Netz Hotels has weak reverse predictability. Overlapping area represents the amount of predictability between Netz Hotels time series from 3rd of December 2023 to 31st of May 2024 and 31st of May 2024 to 27th 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 Netz Hotels price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Netz Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 9.32 |
Netz Hotels lagged returns against current returns
Autocorrelation, which is Netz 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 Netz Hotels' stock expected returns. We can calculate the autocorrelation of Netz Hotels returns to help us make a trade decision. For example, suppose you find that Netz 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 |
Netz 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 Netz Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Netz Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Netz Hotels stock over time.
Current vs Lagged Prices |
| Timeline |
Netz Hotels Lagged Returns
When evaluating Netz Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Netz Hotels stock have on its future price. Netz 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, Netz Hotels autocorrelation shows the relationship between Netz Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in Netz 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.Other Information on Investing in Netz Stock
Netz Hotels financial ratios help investors to determine whether Netz 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 Netz with respect to the benefits of owning Netz Hotels security.