ITCHOTELS (India) Market Value
| ITCHOTELS | 246.96 4.41 1.75% |
| Symbol | ITCHOTELS |
ITCHOTELS '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 ITCHOTELS'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 ITCHOTELS.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in ITCHOTELS on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding ITCHOTELS or generate 0.0% return on investment in ITCHOTELS over 90 days. ITCHOTELS is related to or competes with Indian Card, Par Drugs, Bajaj Holdings, Kewal Kiran, Pilani Investment, AUTHUM INVESTMENT, and Investment Trust. ITCHOTELS is entity of India. It is traded as Stock on NSE exchange. More
ITCHOTELS 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 ITCHOTELS'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 ITCHOTELS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.45 | |||
| Information Ratio | 0.1049 | |||
| Maximum Drawdown | 11.37 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 4.76 |
ITCHOTELS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ITCHOTELS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ITCHOTELS's standard deviation. In reality, there are many statistical measures that can use ITCHOTELS historical prices to predict the future ITCHOTELS's volatility.| Risk Adjusted Performance | 0.1693 | |||
| Jensen Alpha | 0.3263 | |||
| Total Risk Alpha | 0.0516 | |||
| Sortino Ratio | 0.1488 | |||
| Treynor Ratio | 1.85 |
ITCHOTELS Backtested Returns
ITCHOTELS appears to be very steady, given 3 months investment horizon. ITCHOTELS retains Efficiency (Sharpe Ratio) of 0.19, which attests that the entity had a 0.19 % return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for ITCHOTELS, which you can use to evaluate the volatility of the firm. Please utilize ITCHOTELS's Semi Deviation of 1.13, market risk adjusted performance of 1.86, and Downside Deviation of 1.45 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ITCHOTELS holds a performance score of 14. The company owns a Beta (Systematic Risk) of 0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, ITCHOTELS's returns are expected to increase less than the market. However, during the bear market, the loss of holding ITCHOTELS is expected to be smaller as well. Please check ITCHOTELS's standard deviation, expected short fall, relative strength index, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether ITCHOTELS's current price history will revert.
Auto-correlation | 0.74 |
Good predictability
ITCHOTELS has good predictability. Overlapping area represents the amount of predictability between ITCHOTELS time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ITCHOTELS price movement. The serial correlation of 0.74 indicates that around 74.0% of current ITCHOTELS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 131.14 |
ITCHOTELS lagged returns against current returns
Autocorrelation, which is ITCHOTELS 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 ITCHOTELS's stock expected returns. We can calculate the autocorrelation of ITCHOTELS returns to help us make a trade decision. For example, suppose you find that ITCHOTELS 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 |
ITCHOTELS 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 ITCHOTELS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ITCHOTELS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ITCHOTELS stock over time.
Current vs Lagged Prices |
| Timeline |
ITCHOTELS Lagged Returns
When evaluating ITCHOTELS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ITCHOTELS stock have on its future price. ITCHOTELS 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, ITCHOTELS autocorrelation shows the relationship between ITCHOTELS stock current value and its past values and can show if there is a momentum factor associated with investing in ITCHOTELS.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in ITCHOTELS Stock
ITCHOTELS financial ratios help investors to determine whether ITCHOTELS 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 ITCHOTELS with respect to the benefits of owning ITCHOTELS security.