Oriental Hotels (India) Market Value
| ORIENTHOT | 184.38 3.42 1.82% |
| Symbol | Oriental |
Oriental 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 Oriental 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 Oriental Hotels.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Oriental Hotels on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Oriental Hotels Limited or generate 0.0% return on investment in Oriental Hotels over 90 days. Oriental Hotels is related to or competes with Neogen Chemicals, DJ Mediaprint, Iris Clothings, Indo Borax, S P, VIP Clothing, and Pondy Oxides. Oriental Hotels is entity of India. It is traded as Stock on NSE exchange. More
Oriental 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 Oriental 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 Oriental Hotels Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.61 | |||
| Information Ratio | 0.1059 | |||
| Maximum Drawdown | 19.52 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 7.41 |
Oriental Hotels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oriental Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oriental Hotels' standard deviation. In reality, there are many statistical measures that can use Oriental Hotels historical prices to predict the future Oriental Hotels' volatility.| Risk Adjusted Performance | 0.1169 | |||
| Jensen Alpha | 0.5438 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.1467 | |||
| Treynor Ratio | (1.49) |
Oriental Hotels Backtested Returns
Oriental Hotels appears to be very steady, given 3 months investment horizon. Oriental Hotels maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Oriental Hotels, which you can use to evaluate the volatility of the company. Please evaluate Oriental Hotels' Risk Adjusted Performance of 0.1169, semi deviation of 2.27, and Coefficient Of Variation of 703.62 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Oriental Hotels holds a performance score of 9. The company holds a Beta of -0.34, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Oriental Hotels are expected to decrease at a much lower rate. During the bear market, Oriental Hotels is likely to outperform the market. Please check Oriental Hotels' downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether Oriental Hotels' historical price patterns will revert.
Auto-correlation | 0.35 |
Below average predictability
Oriental Hotels Limited has below average predictability. Overlapping area represents the amount of predictability between Oriental Hotels time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 Oriental Hotels price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Oriental Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 54.29 |
Oriental Hotels lagged returns against current returns
Autocorrelation, which is Oriental 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 Oriental Hotels' stock expected returns. We can calculate the autocorrelation of Oriental Hotels returns to help us make a trade decision. For example, suppose you find that Oriental 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 |
Oriental 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 Oriental Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oriental Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oriental Hotels stock over time.
Current vs Lagged Prices |
| Timeline |
Oriental Hotels Lagged Returns
When evaluating Oriental Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oriental Hotels stock have on its future price. Oriental 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, Oriental Hotels autocorrelation shows the relationship between Oriental Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in Oriental Hotels Limited.
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 Oriental Stock
Oriental Hotels financial ratios help investors to determine whether Oriental 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 Oriental with respect to the benefits of owning Oriental Hotels security.