Samhi Hotels (India) Market Value
| SAMHI Stock | 183.03 1.11 0.61% |
| Symbol | Samhi |
Samhi 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 Samhi 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 Samhi Hotels.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Samhi Hotels on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Samhi Hotels Limited or generate 0.0% return on investment in Samhi Hotels over 30 days. Samhi Hotels is related to or competes with Reliance Communications, Chalet Hotels, DiGiSPICE Technologies, SINCLAIRS HOTELS, Royal Orchid, Apollo Sindoori, and EMBASSY OFFICE. Samhi Hotels is entity of India. It is traded as Stock on NSE exchange. More
Samhi 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 Samhi 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 Samhi Hotels Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 10.12 | |||
| Value At Risk | (3.24) | |||
| Potential Upside | 3.43 |
Samhi Hotels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Samhi Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Samhi Hotels' standard deviation. In reality, there are many statistical measures that can use Samhi Hotels historical prices to predict the future Samhi Hotels' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | 1.89 |
Samhi Hotels Limited Backtested Returns
Samhi Hotels Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0921, which indicates the firm had a -0.0921% return per unit of risk over the last 3 months. Samhi Hotels Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Samhi Hotels' Risk Adjusted Performance of (0.03), coefficient of variation of (1,949), and Variance of 4.09 to confirm the risk estimate we provide. The entity has a beta of -0.0601, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Samhi Hotels are expected to decrease at a much lower rate. During the bear market, Samhi Hotels is likely to outperform the market. At this point, Samhi Hotels Limited has a negative expected return of -0.18%. Please make sure to validate Samhi Hotels' potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if Samhi Hotels Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.30 |
Below average predictability
Samhi Hotels Limited has below average predictability. Overlapping area represents the amount of predictability between Samhi Hotels time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Samhi Hotels Limited price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Samhi Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 14.96 |
Samhi Hotels Limited lagged returns against current returns
Autocorrelation, which is Samhi 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 Samhi Hotels' stock expected returns. We can calculate the autocorrelation of Samhi Hotels returns to help us make a trade decision. For example, suppose you find that Samhi 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 |
Samhi 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 Samhi Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Samhi Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Samhi Hotels stock over time.
Current vs Lagged Prices |
| Timeline |
Samhi Hotels Lagged Returns
When evaluating Samhi Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Samhi Hotels stock have on its future price. Samhi 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, Samhi Hotels autocorrelation shows the relationship between Samhi Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in Samhi 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 Samhi Stock
Samhi Hotels financial ratios help investors to determine whether Samhi 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 Samhi with respect to the benefits of owning Samhi Hotels security.