Tourism Holdings (Australia) Market Value
| THL Stock | 2.19 0.01 0.45% |
| Symbol | Tourism |
Tourism Holdings '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 Tourism Holdings' 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 Tourism Holdings.
| 11/27/2025 |
| 12/27/2025 |
If you would invest 0.00 in Tourism Holdings on November 27, 2025 and sell it all today you would earn a total of 0.00 from holding Tourism Holdings Rentals or generate 0.0% return on investment in Tourism Holdings over 30 days. Tourism Holdings is related to or competes with Spirit Technology, Falcon Metals, Embark Early, Centaurus Metals, G8 Education, Advanced Braking, and Technology One. Tourism Holdings is entity of Australia. It is traded as Stock on AU exchange. More
Tourism Holdings 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 Tourism Holdings' 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 Tourism Holdings Rentals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 12.05 | |||
| Value At Risk | (3.48) | |||
| Potential Upside | 3.64 |
Tourism Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tourism Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tourism Holdings' standard deviation. In reality, there are many statistical measures that can use Tourism Holdings historical prices to predict the future Tourism Holdings' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.22) |
Tourism Holdings Rentals Backtested Returns
Tourism Holdings Rentals owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0195, which indicates the firm had a -0.0195 % return per unit of risk over the last 3 months. Tourism Holdings Rentals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tourism Holdings' Coefficient Of Variation of (4,525), variance of 5.02, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The entity has a beta of 0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tourism Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Tourism Holdings is expected to be smaller as well. At this point, Tourism Holdings Rentals has a negative expected return of -0.0443%. Please make sure to validate Tourism Holdings' potential upside, kurtosis, daily balance of power, as well as the relationship between the skewness and accumulation distribution , to decide if Tourism Holdings Rentals performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.20 |
Weak predictability
Tourism Holdings Rentals has weak predictability. Overlapping area represents the amount of predictability between Tourism Holdings time series from 27th of November 2025 to 12th of December 2025 and 12th of December 2025 to 27th of December 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 Tourism Holdings Rentals price movement. The serial correlation of 0.2 indicates that over 20.0% of current Tourism Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tourism Holdings Rentals lagged returns against current returns
Autocorrelation, which is Tourism Holdings 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 Tourism Holdings' stock expected returns. We can calculate the autocorrelation of Tourism Holdings returns to help us make a trade decision. For example, suppose you find that Tourism Holdings 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 |
Tourism Holdings 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 Tourism Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tourism Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tourism Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Tourism Holdings Lagged Returns
When evaluating Tourism Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tourism Holdings stock have on its future price. Tourism Holdings 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, Tourism Holdings autocorrelation shows the relationship between Tourism Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Tourism Holdings Rentals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Tourism Stock Analysis
When running Tourism Holdings' price analysis, check to measure Tourism Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tourism Holdings is operating at the current time. Most of Tourism Holdings' value examination focuses on studying past and present price action to predict the probability of Tourism Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tourism Holdings' price. Additionally, you may evaluate how the addition of Tourism Holdings to your portfolios can decrease your overall portfolio volatility.