Pyramisa Hotels' market value is the price at which a share of Pyramisa Hotels trades on a public exchange. It measures the collective expectations of Pyramisa Hotels investors about its performance. Pyramisa Hotels is trading at 129.47 as of the 29th of November 2024. This is a 3.69 percent down since the beginning of the trading day. The stock's lowest day price was 126.03. With this module, you can estimate the performance of a buy and hold strategy of Pyramisa Hotels and determine expected loss or profit from investing in Pyramisa Hotels over a given investment horizon. Check out Your Equity Center 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
Pyramisa
Pyramisa 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 Pyramisa 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 Pyramisa Hotels.
0.00
10/30/2024
No Change 0.00
0.0
In 31 days
11/29/2024
0.00
If you would invest 0.00 in Pyramisa Hotels on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Pyramisa Hotels or generate 0.0% return on investment in Pyramisa Hotels over 30 days.
Pyramisa 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 Pyramisa 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 Pyramisa 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 Pyramisa Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pyramisa Hotels' standard deviation. In reality, there are many statistical measures that can use Pyramisa Hotels historical prices to predict the future Pyramisa Hotels' volatility.
Pyramisa Hotels maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14% return per unit of risk over the last 3 months. Pyramisa Hotels exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pyramisa Hotels' Coefficient Of Variation of (6,222), variance of 8.77, and insignificant Risk Adjusted Performance to confirm the risk estimate we provide. The company holds a Beta of -2.23, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Pyramisa Hotels are expected to decrease by larger amounts. On the other hand, during market turmoil, Pyramisa Hotels is expected to outperform it. At this point, Pyramisa Hotels has a negative expected return of -0.42%. Please make sure to check Pyramisa Hotels' skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Pyramisa Hotels performance from the past will be repeated at some point in the near future.
Auto-correlation
0.40
Average predictability
Pyramisa Hotels has average predictability. Overlapping area represents the amount of predictability between Pyramisa Hotels time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Pyramisa Hotels price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Pyramisa Hotels price fluctuation can be explain by its past prices.
Correlation Coefficient
0.4
Spearman Rank Test
-0.35
Residual Average
0.0
Price Variance
6.07
Pyramisa Hotels lagged returns against current returns
Autocorrelation, which is Pyramisa 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 Pyramisa Hotels' stock expected returns. We can calculate the autocorrelation of Pyramisa Hotels returns to help us make a trade decision. For example, suppose you find that Pyramisa 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
Pyramisa 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 Pyramisa Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pyramisa Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pyramisa Hotels stock over time.
Current vs Lagged Prices
Timeline
Pyramisa Hotels Lagged Returns
When evaluating Pyramisa Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pyramisa Hotels stock have on its future price. Pyramisa 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, Pyramisa Hotels autocorrelation shows the relationship between Pyramisa Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in Pyramisa Hotels.
Regressed Prices
Timeline
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