HYATT HOTELS P Market Value
| 448579AF9 | 100.18 0.23 0.23% |
| Symbol | HYATT |
HYATT '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 HYATT's bond 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 HYATT.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in HYATT on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding HYATT HOTELS P or generate 0.0% return on investment in HYATT over 360 days. HYATT is related to or competes with Maiden Holdings, NI Holdings, Vodka Brands, Citizens, Hanover Insurance, Naked Wines, and Pekin Life. More
HYATT 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 HYATT's bond 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 HYATT HOTELS P upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5568 | |||
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 2.72 | |||
| Value At Risk | (0.95) | |||
| Potential Upside | 0.8587 |
HYATT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HYATT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HYATT's standard deviation. In reality, there are many statistical measures that can use HYATT historical prices to predict the future HYATT's volatility.| Risk Adjusted Performance | 0.0017 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.24) | |||
| Treynor Ratio | 0.2073 |
HYATT HOTELS P Backtested Returns
HYATT HOTELS P retains Efficiency (Sharpe Ratio) of -0.0175, which attests that the entity had a -0.0175% return per unit of risk over the last 3 months. HYATT exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HYATT's Market Risk Adjusted Performance of 0.2173, semi deviation of 0.5178, and Coefficient Of Variation of 12974.69 to validate the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.0282, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning HYATT are expected to decrease at a much lower rate. During the bear market, HYATT is likely to outperform the market.
Auto-correlation | -0.25 |
Weak reverse predictability
HYATT HOTELS P has weak reverse predictability. Overlapping area represents the amount of predictability between HYATT time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 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 HYATT HOTELS P price movement. The serial correlation of -0.25 indicates that over 25.0% of current HYATT price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
HYATT HOTELS P lagged returns against current returns
Autocorrelation, which is HYATT bond'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 HYATT's bond expected returns. We can calculate the autocorrelation of HYATT returns to help us make a trade decision. For example, suppose you find that HYATT has exhibited high autocorrelation historically, and you observe that the bond 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 |
HYATT 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 HYATT bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HYATT bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HYATT bond over time.
Current vs Lagged Prices |
| Timeline |
HYATT Lagged Returns
When evaluating HYATT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HYATT bond have on its future price. HYATT 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, HYATT autocorrelation shows the relationship between HYATT bond current value and its past values and can show if there is a momentum factor associated with investing in HYATT HOTELS P.
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 HYATT Bond
HYATT financial ratios help investors to determine whether HYATT Bond 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 HYATT with respect to the benefits of owning HYATT security.