Sotherly Hotels Stock Market Value
| SOHO Stock | USD 0.99 0.02 1.98% |
| Symbol | Sotherly |
Sotherly Hotels Price To Book Ratio
Is Hotel & Resort REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sotherly Hotels. If investors know Sotherly will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sotherly Hotels listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.19) | Earnings Share (0.33) | Revenue Per Share 9.299 | Quarterly Revenue Growth 0.039 | Return On Assets 0.0313 |
The market value of Sotherly Hotels is measured differently than its book value, which is the value of Sotherly that is recorded on the company's balance sheet. Investors also form their own opinion of Sotherly Hotels' value that differs from its market value or its book value, called intrinsic value, which is Sotherly Hotels' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sotherly Hotels' market value can be influenced by many factors that don't directly affect Sotherly Hotels' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sotherly Hotels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sotherly Hotels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sotherly Hotels' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Sotherly 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 Sotherly 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 Sotherly Hotels.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Sotherly Hotels on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Sotherly Hotels or generate 0.0% return on investment in Sotherly Hotels over 30 days. Sotherly Hotels is related to or competes with Summit Hotel, Diamondrock Hospitality, RLJ Lodging, Chatham Lodging, Xenia Hotels, Sotherly Hotels, and Service Properties. Sotherly Hotels Inc. is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbran... More
Sotherly 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 Sotherly 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 Sotherly Hotels upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 33.63 | |||
| Value At Risk | (7.91) | |||
| Potential Upside | 9.38 |
Sotherly Hotels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sotherly Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sotherly Hotels' standard deviation. In reality, there are many statistical measures that can use Sotherly Hotels historical prices to predict the future Sotherly Hotels' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.95) | |||
| Treynor Ratio | (0.20) |
Sotherly Hotels Backtested Returns
Sotherly Hotels owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0434, which indicates the firm had a -0.0434% return per unit of risk over the last 3 months. Sotherly Hotels exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sotherly Hotels' Variance of 23.94, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,855) to confirm the risk estimate we provide. The entity has a beta of 0.91, which indicates possible diversification benefits within a given portfolio. Sotherly Hotels returns are very sensitive to returns on the market. As the market goes up or down, Sotherly Hotels is expected to follow. At this point, Sotherly Hotels has a negative expected return of -0.22%. Please make sure to validate Sotherly Hotels' value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Sotherly Hotels performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.44 |
Average predictability
Sotherly Hotels has average predictability. Overlapping area represents the amount of predictability between Sotherly Hotels time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Sotherly Hotels price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Sotherly Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Sotherly Hotels lagged returns against current returns
Autocorrelation, which is Sotherly 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 Sotherly Hotels' stock expected returns. We can calculate the autocorrelation of Sotherly Hotels returns to help us make a trade decision. For example, suppose you find that Sotherly 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 |
Sotherly 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 Sotherly Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sotherly Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sotherly Hotels stock over time.
Current vs Lagged Prices |
| Timeline |
Sotherly Hotels Lagged Returns
When evaluating Sotherly Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sotherly Hotels stock have on its future price. Sotherly 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, Sotherly Hotels autocorrelation shows the relationship between Sotherly Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in Sotherly Hotels.
Regressed Prices |
| Timeline |
Pair Trading with Sotherly Hotels
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sotherly Hotels position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sotherly Hotels will appreciate offsetting losses from the drop in the long position's value.Moving against Sotherly Stock
| 0.48 | BRX | Brixmor Property | PairCorr |
| 0.42 | RLJ | RLJ Lodging Trust | PairCorr |
| 0.39 | ADC | Agree Realty | PairCorr |
| 0.37 | SKT | Tanger Factory Outlet | PairCorr |
| 0.36 | AHT | Ashford Hospitality Trust | PairCorr |
The ability to find closely correlated positions to Sotherly Hotels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sotherly Hotels when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sotherly Hotels - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sotherly Hotels to buy it.
The correlation of Sotherly Hotels is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sotherly Hotels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sotherly Hotels moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sotherly Hotels can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Sotherly Hotels Correlation, Sotherly Hotels Volatility and Sotherly Hotels Alpha and Beta module to complement your research on Sotherly Hotels. To learn how to invest in Sotherly Stock, please use our How to Invest in Sotherly Hotels guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Sotherly Hotels technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.