Hispanotels Inversiones (Spain) Market Value
| YHSP Stock | 6.85 0.05 0.74% |
| Symbol | Hispanotels |
Hispanotels Inversiones '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 Hispanotels Inversiones' 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 Hispanotels Inversiones.
| 09/30/2023 |
| 11/23/2024 |
If you would invest 0.00 in Hispanotels Inversiones on September 30, 2023 and sell it all today you would earn a total of 0.00 from holding Hispanotels Inversiones SOCIMI or generate 0.0% return on investment in Hispanotels Inversiones over 420 days. Hispanotels Inversiones is related to or competes with Metrovacesa, Elecnor SA, Mapfre, Amper SA, Atrys Health, and Cellnex Telecom. More
Hispanotels Inversiones 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 Hispanotels Inversiones' 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 Hispanotels Inversiones SOCIMI upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0893 | |||
| Maximum Drawdown | 10.17 | |||
| Potential Upside | 0.7634 |
Hispanotels Inversiones Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hispanotels Inversiones' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hispanotels Inversiones' standard deviation. In reality, there are many statistical measures that can use Hispanotels Inversiones historical prices to predict the future Hispanotels Inversiones' volatility.| Risk Adjusted Performance | 0.1379 | |||
| Jensen Alpha | 0.2405 | |||
| Total Risk Alpha | 0.0473 | |||
| Treynor Ratio | (0.76) |
Hispanotels Inversiones Backtested Returns
Hispanotels Inversiones appears to be not too volatile, given 3 months investment horizon. Hispanotels Inversiones holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Hispanotels Inversiones, which you can use to evaluate the volatility of the firm. Please utilize Hispanotels Inversiones' Market Risk Adjusted Performance of (0.75), standard deviation of 1.27, and Risk Adjusted Performance of 0.1379 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hispanotels Inversiones holds a performance score of 14. The company retains a Market Volatility (i.e., Beta) of -0.28, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hispanotels Inversiones are expected to decrease at a much lower rate. During the bear market, Hispanotels Inversiones is likely to outperform the market. Please check Hispanotels Inversiones' skewness, daily balance of power, day median price, as well as the relationship between the kurtosis and rate of daily change , to make a quick decision on whether Hispanotels Inversiones' current trending patterns will revert.
Auto-correlation | 0.73 |
Good predictability
Hispanotels Inversiones SOCIMI has good predictability. Overlapping area represents the amount of predictability between Hispanotels Inversiones time series from 30th of September 2023 to 27th of April 2024 and 27th of April 2024 to 23rd 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 Hispanotels Inversiones price movement. The serial correlation of 0.73 indicates that around 73.0% of current Hispanotels Inversiones price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Hispanotels Inversiones lagged returns against current returns
Autocorrelation, which is Hispanotels Inversiones 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 Hispanotels Inversiones' stock expected returns. We can calculate the autocorrelation of Hispanotels Inversiones returns to help us make a trade decision. For example, suppose you find that Hispanotels Inversiones 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 |
Hispanotels Inversiones 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 Hispanotels Inversiones stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hispanotels Inversiones stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hispanotels Inversiones stock over time.
Current vs Lagged Prices |
| Timeline |
Hispanotels Inversiones Lagged Returns
When evaluating Hispanotels Inversiones' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hispanotels Inversiones stock have on its future price. Hispanotels Inversiones 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, Hispanotels Inversiones autocorrelation shows the relationship between Hispanotels Inversiones stock current value and its past values and can show if there is a momentum factor associated with investing in Hispanotels Inversiones SOCIMI.
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 Hispanotels Stock
Hispanotels Inversiones financial ratios help investors to determine whether Hispanotels 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 Hispanotels with respect to the benefits of owning Hispanotels Inversiones security.