Event Hospitality (Germany) Market Value

AQHE Stock   6.65  0.25  3.62%   
Event Hospitality's market value is the price at which a share of Event Hospitality trades on a public exchange. It measures the collective expectations of Event Hospitality and investors about its performance. Event Hospitality is selling for under 6.65 as of the 22nd of December 2024; that is 3.62 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 6.65.
With this module, you can estimate the performance of a buy and hold strategy of Event Hospitality and and determine expected loss or profit from investing in Event Hospitality over a given investment horizon. Check out Event Hospitality Correlation, Event Hospitality Volatility and Event Hospitality Alpha and Beta module to complement your research on Event Hospitality.
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Please note, there is a significant difference between Event Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Event Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Event Hospitality's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Event Hospitality '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 Event Hospitality'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 Event Hospitality.
0.00
01/02/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/22/2024
0.00
If you would invest  0.00  in Event Hospitality on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Event Hospitality and or generate 0.0% return on investment in Event Hospitality over 720 days. Event Hospitality is related to or competes with Charter Communications, T MOBILE, INTERSHOP Communications, Mobilezone Holding, Entravision Communications, Gamma Communications, and Bank of America. More

Event Hospitality 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 Event Hospitality'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 Event Hospitality and upside and downside potential and time the market with a certain degree of confidence.

Event Hospitality Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Event Hospitality's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Event Hospitality's standard deviation. In reality, there are many statistical measures that can use Event Hospitality historical prices to predict the future Event Hospitality's volatility.
Hype
Prediction
LowEstimatedHigh
5.076.658.23
Details
Intrinsic
Valuation
LowRealHigh
4.766.347.92
Details

Event Hospitality Backtested Returns

Currently, Event Hospitality and is not too volatile. Event Hospitality secures Sharpe Ratio (or Efficiency) of 0.0597, which denotes the company had a 0.0597% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Event Hospitality and, which you can use to evaluate the volatility of the firm. Please confirm Event Hospitality's Mean Deviation of 1.26, downside deviation of 1.79, and Coefficient Of Variation of 3415.66 to check if the risk estimate we provide is consistent with the expected return of 0.0942%. Event Hospitality has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, Event Hospitality's returns are expected to increase less than the market. However, during the bear market, the loss of holding Event Hospitality is expected to be smaller as well. Event Hospitality right now shows a risk of 1.58%. Please confirm Event Hospitality mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to decide if Event Hospitality will be following its price patterns.

Auto-correlation

    
  0.33  

Below average predictability

Event Hospitality and has below average predictability. Overlapping area represents the amount of predictability between Event Hospitality time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 Event Hospitality price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Event Hospitality price fluctuation can be explain by its past prices.
Correlation Coefficient0.33
Spearman Rank Test0.27
Residual Average0.0
Price Variance0.09

Event Hospitality lagged returns against current returns

Autocorrelation, which is Event Hospitality 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 Event Hospitality's stock expected returns. We can calculate the autocorrelation of Event Hospitality returns to help us make a trade decision. For example, suppose you find that Event Hospitality 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  

Event Hospitality 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 Event Hospitality stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Event Hospitality stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Event Hospitality stock over time.
   Current vs Lagged Prices   
       Timeline  

Event Hospitality Lagged Returns

When evaluating Event Hospitality's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Event Hospitality stock have on its future price. Event Hospitality 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, Event Hospitality autocorrelation shows the relationship between Event Hospitality stock current value and its past values and can show if there is a momentum factor associated with investing in Event Hospitality and.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Event Stock Analysis

When running Event Hospitality's price analysis, check to measure Event Hospitality's 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 Event Hospitality is operating at the current time. Most of Event Hospitality's value examination focuses on studying past and present price action to predict the probability of Event Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Event Hospitality's price. Additionally, you may evaluate how the addition of Event Hospitality to your portfolios can decrease your overall portfolio volatility.