Holiday Island Holdings Stock Market Value
| HIHI Stock | USD 0.03 0 3.28% |
| Symbol | Holiday |
Holiday Island '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 Holiday Island's pink sheet 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 Holiday Island.
| 03/13/2024 |
| 06/11/2024 |
If you would invest 0.00 in Holiday Island on March 13, 2024 and sell it all today you would earn a total of 0.00 from holding Holiday Island Holdings or generate 0.0% return on investment in Holiday Island over 90 days. Holiday Island is related to or competes with British Land, Presidio Property, VICI Properties, W P, Fibra UNO, Gladstone Commercial, and Peakstone Realty. Holiday Island Holdings, Inc. primarily engages in land development activities More
Holiday Island 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 Holiday Island's pink sheet 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 Holiday Island Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 18.19 | |||
| Information Ratio | 0.0547 | |||
| Maximum Drawdown | 123.38 | |||
| Value At Risk | (23.80) | |||
| Potential Upside | 33.33 |
Holiday Island Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Holiday Island's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Holiday Island's standard deviation. In reality, there are many statistical measures that can use Holiday Island historical prices to predict the future Holiday Island's volatility.| Risk Adjusted Performance | 0.0438 | |||
| Jensen Alpha | 0.9329 | |||
| Total Risk Alpha | 0.9024 | |||
| Sortino Ratio | 0.0513 | |||
| Treynor Ratio | 1.01 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Holiday Island'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.
Holiday Island Holdings Backtested Returns
Holiday Island appears to be out of control, given 3 months investment horizon. Holiday Island Holdings holds Efficiency (Sharpe) Ratio of 0.0519, which attests that the entity had a 0.0519% return per unit of risk over the last 3 months. By evaluating Holiday Island's technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please utilize Holiday Island's Risk Adjusted Performance of 0.0438, market risk adjusted performance of 1.02, and Downside Deviation of 18.19 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Holiday Island holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of 0.92, which attests to possible diversification benefits within a given portfolio. Holiday Island returns are very sensitive to returns on the market. As the market goes up or down, Holiday Island is expected to follow. Please check Holiday Island's sortino ratio and the relationship between the potential upside and day median price , to make a quick decision on whether Holiday Island's current trending patterns will revert.
Auto-correlation | 0.35 |
Below average predictability
Holiday Island Holdings has below average predictability. Overlapping area represents the amount of predictability between Holiday Island time series from 13th of March 2024 to 27th of April 2024 and 27th of April 2024 to 11th of June 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 Holiday Island Holdings price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Holiday Island price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Holiday Island Holdings lagged returns against current returns
Autocorrelation, which is Holiday Island pink sheet'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 Holiday Island's pink sheet expected returns. We can calculate the autocorrelation of Holiday Island returns to help us make a trade decision. For example, suppose you find that Holiday Island has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Holiday Island 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 Holiday Island pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Holiday Island pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Holiday Island pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Holiday Island Lagged Returns
When evaluating Holiday Island's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Holiday Island pink sheet have on its future price. Holiday Island 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, Holiday Island autocorrelation shows the relationship between Holiday Island pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Holiday Island Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| CART | Maplebear Common Stock | |
| OPK | Opko Health | |
| AVAI | Avant Technologies | |
| VEOEY | Veolia Environnement SA | |
| GOOG | Alphabet Inc Class C |
Other Information on Investing in Holiday Pink Sheet
Holiday Island financial ratios help investors to determine whether Holiday Pink Sheet 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 Holiday with respect to the benefits of owning Holiday Island security.