Shangri La (Thailand) Market Value
| SHANG Stock | THB 48.50 0.00 0.00% |
| 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 Hotel Public or generate 0.0% return on investment in Shangri La over 360 days. Shangri La is related to or competes with JKN Global, Teka Construction, Ekachai Medical, Intermedical Care, Dohome Public, and Sahamit Machinery. Shangri-La Hotel Public Company Limited operates hotels, resorts, and investment properties in Thailand 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 Hotel Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 7.73 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 2.0 |
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 | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.25) |
Shangri La Hotel Backtested Returns
Shangri La is out of control given 3 months investment horizon. Shangri La Hotel owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have analyzed nineteen different technical indicators, which can help you to evaluate if expected returns of 15.01% are justified by taking the suggested risk. Use Shangri La Hotel Variance of 1.28, coefficient of variation of (1,627), and Risk Adjusted Performance of (0.04) to evaluate company specific risk that cannot be diversified away. Shangri La holds a performance score of 9 on a scale of zero to a hundred. The entity has a beta of 0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Shangri La's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shangri La is expected to be smaller as well. Use Shangri La Hotel information ratio, as well as the relationship between the potential upside and day median price , to analyze future returns on Shangri La Hotel.
Auto-correlation | 0.12 |
Insignificant predictability
Shangri La Hotel Public has insignificant 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 Hotel price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Shangri La price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 41.15 |
Shangri La Hotel 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 Hotel Public.
Regressed Prices |
| Timeline |
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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.