Hollywood Bowl (UK) Market Value
| BOWL Stock | 320.00 0.50 0.16% |
| Symbol | Hollywood |
Hollywood Bowl '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 Hollywood Bowl'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 Hollywood Bowl.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Hollywood Bowl on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Hollywood Bowl Group or generate 0.0% return on investment in Hollywood Bowl over 30 days. Hollywood Bowl is related to or competes with Austevoll Seafood, Trainline Plc, Ecofin Global, Lindsell Train, JB Hunt, Broadcom, and Tata Steel. Hollywood Bowl is entity of United Kingdom More
Hollywood Bowl 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 Hollywood Bowl'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 Hollywood Bowl Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 5.39 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 2.13 |
Hollywood Bowl Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hollywood Bowl's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hollywood Bowl's standard deviation. In reality, there are many statistical measures that can use Hollywood Bowl historical prices to predict the future Hollywood Bowl's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 0.6991 |
Hollywood Bowl Group Backtested Returns
Hollywood Bowl Group holds Efficiency (Sharpe) Ratio of -0.0249, which attests that the entity had a -0.0249% return per unit of risk over the last 3 months. Hollywood Bowl Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hollywood Bowl's Market Risk Adjusted Performance of 0.7091, standard deviation of 1.24, and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0996, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hollywood Bowl are expected to decrease at a much lower rate. During the bear market, Hollywood Bowl is likely to outperform the market. At this point, Hollywood Bowl Group has a negative expected return of -0.0302%. Please make sure to check out Hollywood Bowl's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Hollywood Bowl Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.82 |
Very good predictability
Hollywood Bowl Group has very good predictability. Overlapping area represents the amount of predictability between Hollywood Bowl time series from 1st of November 2024 to 16th of November 2024 and 16th of November 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 Hollywood Bowl Group price movement. The serial correlation of 0.82 indicates that around 82.0% of current Hollywood Bowl price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 6.6 |
Hollywood Bowl Group lagged returns against current returns
Autocorrelation, which is Hollywood Bowl 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 Hollywood Bowl's stock expected returns. We can calculate the autocorrelation of Hollywood Bowl returns to help us make a trade decision. For example, suppose you find that Hollywood Bowl 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 |
Hollywood Bowl 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 Hollywood Bowl stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hollywood Bowl stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hollywood Bowl stock over time.
Current vs Lagged Prices |
| Timeline |
Hollywood Bowl Lagged Returns
When evaluating Hollywood Bowl's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hollywood Bowl stock have on its future price. Hollywood Bowl 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, Hollywood Bowl autocorrelation shows the relationship between Hollywood Bowl stock current value and its past values and can show if there is a momentum factor associated with investing in Hollywood Bowl Group.
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.Additional Tools for Hollywood Stock Analysis
When running Hollywood Bowl's price analysis, check to measure Hollywood Bowl'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 Hollywood Bowl is operating at the current time. Most of Hollywood Bowl's value examination focuses on studying past and present price action to predict the probability of Hollywood Bowl's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hollywood Bowl's price. Additionally, you may evaluate how the addition of Hollywood Bowl to your portfolios can decrease your overall portfolio volatility.