MHP Hotel (Germany) Market Value
| CDZ0 Stock | 1.19 0.03 2.59% |
| Symbol | MHP |
MHP Hotel '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 MHP Hotel'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 MHP Hotel.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in MHP Hotel on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding MHP Hotel AG or generate 0.0% return on investment in MHP Hotel over 720 days. MHP Hotel is related to or competes with Impinj, Impinj, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, and NorAm Drilling. More
MHP Hotel 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 MHP Hotel'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 MHP Hotel AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.81 | |||
| Information Ratio | 0.0361 | |||
| Maximum Drawdown | 16.4 | |||
| Value At Risk | (4.39) | |||
| Potential Upside | 8.04 |
MHP Hotel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MHP Hotel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MHP Hotel's standard deviation. In reality, there are many statistical measures that can use MHP Hotel historical prices to predict the future MHP Hotel's volatility.| Risk Adjusted Performance | 0.0679 | |||
| Jensen Alpha | 0.2406 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0413 | |||
| Treynor Ratio | 9.34 |
MHP Hotel AG Backtested Returns
At this point, MHP Hotel is dangerous. MHP Hotel AG has Sharpe Ratio of 0.053, which conveys that the firm had a 0.053% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for MHP Hotel, which you can use to evaluate the volatility of the firm. Please verify MHP Hotel's mean deviation of 2.08, and Risk Adjusted Performance of 0.0679 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. MHP Hotel has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0261, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MHP Hotel's returns are expected to increase less than the market. However, during the bear market, the loss of holding MHP Hotel is expected to be smaller as well. MHP Hotel AG currently secures a risk of 3.14%. Please verify MHP Hotel AG information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if MHP Hotel AG will be following its current price movements.
Auto-correlation | -0.09 |
Very weak reverse predictability
MHP Hotel AG has very weak reverse predictability. Overlapping area represents the amount of predictability between MHP Hotel time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 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 MHP Hotel AG price movement. The serial correlation of -0.09 indicates that less than 9.0% of current MHP Hotel price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
MHP Hotel AG lagged returns against current returns
Autocorrelation, which is MHP Hotel 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 MHP Hotel's stock expected returns. We can calculate the autocorrelation of MHP Hotel returns to help us make a trade decision. For example, suppose you find that MHP Hotel 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 |
MHP Hotel 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 MHP Hotel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MHP Hotel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MHP Hotel stock over time.
Current vs Lagged Prices |
| Timeline |
MHP Hotel Lagged Returns
When evaluating MHP Hotel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MHP Hotel stock have on its future price. MHP Hotel 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, MHP Hotel autocorrelation shows the relationship between MHP Hotel stock current value and its past values and can show if there is a momentum factor associated with investing in MHP Hotel AG.
Regressed Prices |
| Timeline |
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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 MHP Stock
MHP Hotel financial ratios help investors to determine whether MHP 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 MHP with respect to the benefits of owning MHP Hotel security.