HOSTELWORLD GROUP (Ireland) Market Value

HSW -  Ireland Stock  

EUR 0.92  0.02  2.13%

HOSTELWORLD GROUP's market value is the price at which a share of HOSTELWORLD GROUP stock trades on a public exchange. It measures the collective expectations of HOSTELWORLD GROUP investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of HOSTELWORLD GROUP and determine expected loss or profit from investing in HOSTELWORLD GROUP over a given investment horizon. Please check HOSTELWORLD GROUP Hype Analysis, HOSTELWORLD GROUP Correlation, HOSTELWORLD GROUP Valuation, HOSTELWORLD GROUP Volatility, as well as analyze HOSTELWORLD GROUP Alpha and Beta and HOSTELWORLD GROUP Performance.
Symbol
Backtest

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 HOSTELWORLD GROUP value 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
09/25/2020
No Change 0.00  0.0 
In 11 months and 26 days
09/20/2021
0.00
If you would invest  0.00  in HOSTELWORLD GROUP on September 25, 2020 and sell it all today you would earn a total of 0.00 from holding HOSTELWORLD GROUP or generate 0.0% return on investment in HOSTELWORLD GROUP over 360 days. Hostelworld Group plc operates an online hostel booking platform worldwide

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 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, frequently view 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. Please use the tools below to analyze the current value of HOSTELWORLD GROUP in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.050.923.16
Details
Intrinsic
Valuation
LowReal ValueHigh
0.040.863.10
Details
Naive
Forecast
LowNext ValueHigh
0.0176730.883.13
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.891.051.20
Details
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 towards taking a position in HOSTELWORLD GROUP.

HOSTELWORLD GROUP Backtested Returns

HOSTELWORLD GROUP holds Efficiency (Sharpe) Ratio of -0.22, which attests that the entity had -0.22% of return per unit of volatility over the last 3 months. Macroaxis approach towards determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. HOSTELWORLD GROUP exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out HOSTELWORLD GROUP market risk adjusted performance of (0.44), and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide.
The company retains a Market Volatility (i.e., Beta) of 0.5395, which attests to possible diversification benefits within a given portfolio. Let's try to break down what HOSTELWORLD's beta means in this case. As returns on the market increase, HOSTELWORLD GROUP returns are expected to increase less than the market. However, during the bear market, the loss on holding HOSTELWORLD GROUP will be expected to be smaller as well. Even though it is essential to pay attention to HOSTELWORLD GROUP current price history, it is always good to be careful when utilizing equity current price movements. Our approach towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. HOSTELWORLD GROUP exposes twenty-one different technical indicators, which can help you to evaluate its performance. HOSTELWORLD GROUP has an expected return of -0.49%. Please be advised to check out HOSTELWORLD GROUP jensen alpha, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to decide if HOSTELWORLD GROUP performance from the past will be repeated at future time.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.04)   

Very weak reverse predictability

HOSTELWORLD GROUP has very weak reverse predictability. Overlapping area represents the amount of predictability between HOSTELWORLD GROUP time series from 25th of September 2020 to 24th of March 2021 and 24th of March 2021 to 20th of September 2021. 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 price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current HOSTELWORLD GROUP price fluctuation can be explain by its past prices. Given that HOSTELWORLD GROUP has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of HOSTELWORLD GROUP for similar time interval.
Correlation Coefficient-0.04
Spearman Rank Test-0.04
Residual Average0.0
Price Variance0.01

HOSTELWORLD GROUP 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 stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

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 
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      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.
 Regressed Prices 
Share
      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in HOSTELWORLD GROUP without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check HOSTELWORLD GROUP Hype Analysis, HOSTELWORLD GROUP Correlation, HOSTELWORLD GROUP Valuation, HOSTELWORLD GROUP Volatility, as well as analyze HOSTELWORLD GROUP Alpha and Beta and HOSTELWORLD GROUP Performance. Note that the HOSTELWORLD GROUP information on this page should be used as a complementary analysis to other HOSTELWORLD GROUP's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Other Tools for HOSTELWORLD Stock

When running HOSTELWORLD GROUP price analysis, check to measure HOSTELWORLD GROUP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HOSTELWORLD GROUP is operating at the current time. Most of HOSTELWORLD GROUP's value examination focuses on studying past and present price action to predict the probability of HOSTELWORLD GROUP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move HOSTELWORLD GROUP's price. Additionally, you may evaluate how the addition of HOSTELWORLD GROUP to your portfolios can decrease your overall portfolio volatility.
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