Shangri La Asia Limited Stock Market Value
| SHALF Stock | USD 0.66 0.00 0.00% |
| Symbol | Shangri-La |
Shangri-La Asia '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 Shangri-La Asia's pink sheet 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 Shangri-La Asia.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in Shangri-La Asia on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding Shangri La Asia Limited or generate 0.0% return on investment in Shangri-La Asia over 30 days. Shangri-La Asia is related to or competes with Hilton Worldwide, Hyatt Hotels, Wyndham Hotels, Choice Hotels, and InterContinental. Shangri-La Asia Limited, an investment holding company, develops, ownsleases, operates, and manages hotels and associate... More
Shangri-La Asia 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 Shangri-La Asia's pink sheet 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 Shangri La Asia Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 4.35 |
Shangri-La Asia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shangri-La Asia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shangri-La Asia's standard deviation. In reality, there are many statistical measures that can use Shangri-La Asia historical prices to predict the future Shangri-La Asia's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 26.16 |
Shangri La Asia Backtested Returns
Shangri La Asia owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13 % return per unit of risk over the last 3 months. Shangri La Asia Limited exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shangri-La Asia's Coefficient Of Variation of (812.40), variance of 0.2864, and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide. The entity has a beta of -0.0029, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Shangri-La Asia are expected to decrease at a much lower rate. During the bear market, Shangri-La Asia is likely to outperform the market. At this point, Shangri La Asia has a negative expected return of -0.0737%. Please make sure to validate Shangri-La Asia's variance, as well as the relationship between the maximum drawdown and rate of daily change , to decide if Shangri La Asia performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Shangri La Asia Limited has no correlation between past and present. Overlapping area represents the amount of predictability between Shangri-La Asia time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Shangri La Asia price movement. The serial correlation of 0.0 indicates that just 0.0% of current Shangri-La Asia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Shangri La Asia lagged returns against current returns
Autocorrelation, which is Shangri-La Asia pink sheet'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 Shangri-La Asia's pink sheet expected returns. We can calculate the autocorrelation of Shangri-La Asia returns to help us make a trade decision. For example, suppose you find that Shangri-La Asia has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Shangri-La Asia 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 Shangri-La Asia pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shangri-La Asia pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shangri-La Asia pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Shangri-La Asia Lagged Returns
When evaluating Shangri-La Asia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shangri-La Asia pink sheet have on its future price. Shangri-La Asia 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, Shangri-La Asia autocorrelation shows the relationship between Shangri-La Asia pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Shangri La Asia Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Shangri-La Pink Sheet
Shangri-La Asia financial ratios help investors to determine whether Shangri-La Pink Sheet 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 Shangri-La with respect to the benefits of owning Shangri-La Asia security.