Shangri La (Malaysia) Market Value
| 5517 Stock | 2.00 0.02 0.99% |
| Symbol | Shangri |
Shangri La '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 Shangri La'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 Shangri La.
| 12/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Shangri La on December 19, 2023 and sell it all today you would earn a total of 0.00 from holding Shangri La Hotels or generate 0.0% return on investment in Shangri La over 360 days. Shangri La is related to or competes with Berjaya Food, ECM Libra, Al Aqar, PMB Technology, Minetech Resources, and Dufu Tech. More
Shangri La 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 Shangri La'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 Shangri La Hotels upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.34 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 5.07 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 1.99 |
Shangri La Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shangri La's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shangri La's standard deviation. In reality, there are many statistical measures that can use Shangri La historical prices to predict the future Shangri La's volatility.| Risk Adjusted Performance | 0.027 | |||
| Jensen Alpha | 0.0302 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.77) |
Shangri La Hotels Backtested Returns
As of now, Shangri Stock is slightly risky. Shangri La Hotels owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0128, which indicates the firm had a 0.0128% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Shangri La Hotels, which you can use to evaluate the volatility of the company. Please validate Shangri La's Risk Adjusted Performance of 0.027, semi deviation of 0.9549, and Coefficient Of Variation of 3104.88 to confirm if the risk estimate we provide is consistent with the expected return of 0.0135%. Shangri La has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.0345, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Shangri La are expected to decrease at a much lower rate. During the bear market, Shangri La is likely to outperform the market. Shangri La Hotels right now has a risk of 1.05%. Please validate Shangri La downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Shangri La will be following its existing price patterns.
Auto-correlation | -0.44 |
Modest reverse predictability
Shangri La Hotels has modest reverse predictability. Overlapping area represents the amount of predictability between Shangri La time series from 19th of December 2023 to 16th of June 2024 and 16th of June 2024 to 13th 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 Shangri La Hotels price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Shangri La price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Shangri La Hotels lagged returns against current returns
Autocorrelation, which is Shangri La 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 Shangri La's stock expected returns. We can calculate the autocorrelation of Shangri La returns to help us make a trade decision. For example, suppose you find that Shangri La 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 |
Shangri La 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 Shangri La stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shangri La stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shangri La stock over time.
Current vs Lagged Prices |
| Timeline |
Shangri La Lagged Returns
When evaluating Shangri La's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shangri La stock have on its future price. Shangri La 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, Shangri La autocorrelation shows the relationship between Shangri La stock current value and its past values and can show if there is a momentum factor associated with investing in Shangri La Hotels.
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 Shangri Stock
Shangri La financial ratios help investors to determine whether Shangri 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 Shangri with respect to the benefits of owning Shangri La security.