SINCLAIRS HOTELS (India) Market Value
| SINCLAIR | 94.16 5.36 6.04% |
| Symbol | SINCLAIRS |
SINCLAIRS 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 SINCLAIRS HOTELS's 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 SINCLAIRS HOTELS.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in SINCLAIRS HOTELS on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding SINCLAIRS HOTELS ORD or generate 0.0% return on investment in SINCLAIRS HOTELS over 30 days. SINCLAIRS HOTELS is related to or competes with Indian Hotels, Chalet Hotels, Lemon Tree, Juniper Hotels, India Tourism, Samhi Hotels, and Apeejay Surrendra. SINCLAIRS HOTELS is entity of India. It is traded as Stock on NSE exchange. More
SINCLAIRS 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 SINCLAIRS HOTELS's 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 SINCLAIRS HOTELS ORD upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 8.66 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.65 |
SINCLAIRS HOTELS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SINCLAIRS HOTELS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SINCLAIRS HOTELS's standard deviation. In reality, there are many statistical measures that can use SINCLAIRS HOTELS historical prices to predict the future SINCLAIRS HOTELS's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (2.39) |
SINCLAIRS HOTELS ORD Backtested Returns
SINCLAIRS HOTELS ORD owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19% return per unit of standard deviation over the last 3 months. SINCLAIRS HOTELS ORD exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SINCLAIRS HOTELS's risk adjusted performance of (0.17), and Variance of 2.34 to confirm the risk estimate we provide. The entity has a beta of 0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SINCLAIRS HOTELS's returns are expected to increase less than the market. However, during the bear market, the loss of holding SINCLAIRS HOTELS is expected to be smaller as well. At this point, SINCLAIRS HOTELS ORD has a negative expected return of -0.29%. Please make sure to validate SINCLAIRS HOTELS's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if SINCLAIRS HOTELS ORD performance from the past will be repeated at future time.
Auto-correlation | -0.66 |
Very good reverse predictability
SINCLAIRS HOTELS ORD has very good reverse predictability. Overlapping area represents the amount of predictability between SINCLAIRS HOTELS time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 SINCLAIRS HOTELS ORD price movement. The serial correlation of -0.66 indicates that around 66.0% of current SINCLAIRS HOTELS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 6.6 |
SINCLAIRS HOTELS ORD lagged returns against current returns
Autocorrelation, which is SINCLAIRS 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 SINCLAIRS HOTELS's stock expected returns. We can calculate the autocorrelation of SINCLAIRS HOTELS returns to help us make a trade decision. For example, suppose you find that SINCLAIRS 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 |
SINCLAIRS 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 SINCLAIRS HOTELS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SINCLAIRS HOTELS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SINCLAIRS HOTELS stock over time.
Current vs Lagged Prices |
| Timeline |
SINCLAIRS HOTELS Lagged Returns
When evaluating SINCLAIRS HOTELS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SINCLAIRS HOTELS stock have on its future price. SINCLAIRS 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, SINCLAIRS HOTELS autocorrelation shows the relationship between SINCLAIRS HOTELS stock current value and its past values and can show if there is a momentum factor associated with investing in SINCLAIRS HOTELS ORD.
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 SINCLAIRS Stock
SINCLAIRS HOTELS financial ratios help investors to determine whether SINCLAIRS 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 SINCLAIRS with respect to the benefits of owning SINCLAIRS HOTELS security.