BRAEMAR HOTELS (Germany) Market Value
| 42V Stock | EUR 3.10 0.12 3.73% |
| Symbol | BRAEMAR |
BRAEMAR 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 BRAEMAR 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 BRAEMAR HOTELS.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in BRAEMAR HOTELS on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding BRAEMAR HOTELS RES or generate 0.0% return on investment in BRAEMAR HOTELS over 30 days. BRAEMAR HOTELS is related to or competes with DiamondRock Hospitality, Sotherly Hotels, Superior Plus, SIVERS SEMICONDUCTORS, Norsk Hydro, and Reliance Steel. Braemar Hotels Resorts is a real estate investment trust focused on investing in luxury hotels and resorts More
BRAEMAR 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 BRAEMAR 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 BRAEMAR HOTELS RES upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.26 | |||
| Information Ratio | 0.0758 | |||
| Maximum Drawdown | 33.19 | |||
| Value At Risk | (7.48) | |||
| Potential Upside | 14.13 |
BRAEMAR HOTELS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BRAEMAR HOTELS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BRAEMAR HOTELS's standard deviation. In reality, there are many statistical measures that can use BRAEMAR HOTELS historical prices to predict the future BRAEMAR HOTELS's volatility.| Risk Adjusted Performance | 0.0777 | |||
| Jensen Alpha | 0.0901 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.0921 | |||
| Treynor Ratio | 0.1347 |
BRAEMAR HOTELS RES Backtested Returns
BRAEMAR HOTELS appears to be dangerous, given 3 months investment horizon. BRAEMAR HOTELS RES retains Efficiency (Sharpe Ratio) of 0.0907, which signifies that the company had a 0.0907% return per unit of risk over the last 3 months. By analyzing BRAEMAR HOTELS's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please makes use of BRAEMAR HOTELS's market risk adjusted performance of 0.1447, and Coefficient Of Variation of 1049.74 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BRAEMAR HOTELS holds a performance score of 7. The firm owns a Beta (Systematic Risk) of 4.45, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, BRAEMAR HOTELS will likely underperform. Please check BRAEMAR HOTELS's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether BRAEMAR HOTELS's current price history will revert.
Auto-correlation | -0.5 |
Modest reverse predictability
BRAEMAR HOTELS RES has modest reverse predictability. Overlapping area represents the amount of predictability between BRAEMAR HOTELS time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 BRAEMAR HOTELS RES price movement. The serial correlation of -0.5 indicates that about 50.0% of current BRAEMAR HOTELS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
BRAEMAR HOTELS RES lagged returns against current returns
Autocorrelation, which is BRAEMAR 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 BRAEMAR HOTELS's stock expected returns. We can calculate the autocorrelation of BRAEMAR HOTELS returns to help us make a trade decision. For example, suppose you find that BRAEMAR 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 |
BRAEMAR 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 BRAEMAR HOTELS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BRAEMAR HOTELS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BRAEMAR HOTELS stock over time.
Current vs Lagged Prices |
| Timeline |
BRAEMAR HOTELS Lagged Returns
When evaluating BRAEMAR HOTELS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BRAEMAR HOTELS stock have on its future price. BRAEMAR 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, BRAEMAR HOTELS autocorrelation shows the relationship between BRAEMAR HOTELS stock current value and its past values and can show if there is a momentum factor associated with investing in BRAEMAR HOTELS RES.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BRAEMAR Stock
BRAEMAR HOTELS financial ratios help investors to determine whether BRAEMAR 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 BRAEMAR with respect to the benefits of owning BRAEMAR HOTELS security.