Hostelworld Group (Ireland) Market Value

HSW Stock  EUR 1.77  0.19  9.69%   
Hostelworld Group's market value is the price at which a share of Hostelworld Group trades on a public exchange. It measures the collective expectations of Hostelworld Group PLC investors about its performance. Hostelworld Group is selling at 1.77 as of the 23rd of April 2024; that is -9.69 percent decrease since the beginning of the trading day. The stock's lowest day price was 1.77.
With this module, you can estimate the performance of a buy and hold strategy of Hostelworld Group PLC and determine expected loss or profit from investing in Hostelworld Group over a given investment horizon. Check out Hostelworld Group Correlation, Hostelworld Group Volatility and Hostelworld Group Alpha and Beta module to complement your research on Hostelworld Group.
Symbol

Please note, there is a significant difference between Hostelworld Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hostelworld Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hostelworld Group'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.

Hostelworld Group '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 Hostelworld Group'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 Hostelworld Group.
0.00
03/24/2024
No Change 0.00  0.0 
In 31 days
04/23/2024
0.00
If you would invest  0.00  in Hostelworld Group on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Hostelworld Group PLC or generate 0.0% return on investment in Hostelworld Group over 30 days. Hostelworld Group is related to or competes with Dalata Hotel, Cairn Homes, Irish Continental, and AIB Group. Hostelworld Group plc operates an online hostel booking platform worldwide More

Hostelworld Group 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 Hostelworld Group'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 Hostelworld Group PLC upside and downside potential and time the market with a certain degree of confidence.

Hostelworld Group Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Hostelworld Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hostelworld Group's standard deviation. In reality, there are many statistical measures that can use Hostelworld Group historical prices to predict the future Hostelworld Group's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hostelworld Group's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.091.774.80
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Intrinsic
Valuation
LowRealHigh
0.071.494.52
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hostelworld Group. Your research has to be compared to or analyzed against Hostelworld Group's peers to derive any actionable benefits. When done correctly, Hostelworld Group's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Hostelworld Group PLC.

Hostelworld Group PLC Backtested Returns

Hostelworld Group appears to be very risky, given 3 months investment horizon. Hostelworld Group PLC holds Efficiency (Sharpe) Ratio of 0.0749, which attests that the entity had a 0.0749% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hostelworld Group PLC, which you can use to evaluate the volatility of the firm. Please utilize Hostelworld Group's Risk Adjusted Performance of 0.0224, downside deviation of 5.53, and Market Risk Adjusted Performance of (0.34) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hostelworld Group holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of -0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hostelworld Group are expected to decrease at a much lower rate. During the bear market, Hostelworld Group is likely to outperform the market. Please check Hostelworld Group's sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to make a quick decision on whether Hostelworld Group's current trending patterns will revert.

Auto-correlation

    
  -0.38  

Poor reverse predictability

Hostelworld Group PLC has poor reverse predictability. Overlapping area represents the amount of predictability between Hostelworld Group time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd of April 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 Hostelworld Group PLC price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Hostelworld Group price fluctuation can be explain by its past prices.
Correlation Coefficient-0.38
Spearman Rank Test-0.23
Residual Average0.0
Price Variance0.0

Hostelworld Group PLC lagged returns against current returns

Autocorrelation, which is Hostelworld Group 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 Hostelworld Group's stock expected returns. We can calculate the autocorrelation of Hostelworld Group returns to help us make a trade decision. For example, suppose you find that Hostelworld Group 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   
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Hostelworld Group 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 Hostelworld Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hostelworld Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hostelworld Group stock over time.
   Current vs Lagged Prices   
       Timeline  

Hostelworld Group Lagged Returns

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hostelworld Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hostelworld Group's short interest history, or implied volatility extrapolated from Hostelworld Group options trading.

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Check out Hostelworld Group Correlation, Hostelworld Group Volatility and Hostelworld Group Alpha and Beta module to complement your research on Hostelworld Group.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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Hostelworld Group technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Hostelworld Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hostelworld Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...