We consider Hilton Worldwide not too risky. Hilton Worldwide Hol
holds Efficiency (Sharpe) Ratio of 0.0617 which attests that Hilton Worldwide Hol
had 0.0617% of return per unit of risk over the last 1 month. Our philosophy towards determining volatility of a stock is to use all available market data together with company specific technical indicators
that cannot be diversified away. We have found twenty-one technical indicators
for Hilton Worldwide Hol which you can use to evaluate future volatility of the corporation. Please check out Hilton Worldwide Downside Deviation
of 0.9854, Market Risk Adjusted Performance
of 0.046875 and Risk Adjusted Performance of 0.005 to validate if risk estimate we provide are consistent with the epected return of 0.0593%. Hilton Worldwide has performance score of 4 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 0.1447 which attests that as returns on market increase, Hilton Worldwide returns are expected to increase less than the market. However during bear market, the loss on holding Hilton Worldwide will be expected to be smaller as well.. Although it is extremely important to respect Hilton Worldwide Hol current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating Hilton Worldwide Hol technical indicators you can presently evaluate if the expected return of 0.0593% will be sustainable into the future. Hilton Worldwide Hol right now retains a risk of 0.9612%. Please check out Hilton Worldwide Coefficient Of Variation, Treynor Ratio as well as the relationship between Treynor Ratio and Semi Variance to decide if Hilton Worldwide will be following its current trending patterns.
|15 days auto-correlation|| 0.09 |
Virtually no predictability
Hilton Worldwide Holdings has virtually no predictability. Overlapping area represents the amount of predictability between Hilton Worldwide time series from June 21, 2018 to July 6, 2018 and July 6, 2018 to July 21, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hilton Worldwide Hol price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Hilton Worldwide price fluctuation can be explain by its past prices.
|Correlation Coefficient|| 0.09|
|Spearman Rank Test|| -0.03|
|Price Variance|| 0.61|
|Lagged Price Variance|| 0.79|