TRANSCORP HOTELS (Nigeria) Market Value

TRANSCOHOT   129.90  2.90  2.18%   
TRANSCORP HOTELS's market value is the price at which a share of TRANSCORP HOTELS trades on a public exchange. It measures the collective expectations of TRANSCORP HOTELS PLC investors about its performance. TRANSCORP HOTELS is selling at 129.90 as of the 26th of June 2025; that is 2.18 percent decrease since the beginning of the trading day. The stock's open price was 132.8.
With this module, you can estimate the performance of a buy and hold strategy of TRANSCORP HOTELS PLC and determine expected loss or profit from investing in TRANSCORP HOTELS over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
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TRANSCORP HOTELS '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 TRANSCORP HOTELS'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 TRANSCORP HOTELS.
0.00
03/28/2025
No Change 0.00  0.0 
In 2 months and 31 days
06/26/2025
0.00
If you would invest  0.00  in TRANSCORP HOTELS on March 28, 2025 and sell it all today you would earn a total of 0.00 from holding TRANSCORP HOTELS PLC or generate 0.0% return on investment in TRANSCORP HOTELS over 90 days.

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

TRANSCORP HOTELS Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for TRANSCORP HOTELS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TRANSCORP HOTELS's standard deviation. In reality, there are many statistical measures that can use TRANSCORP HOTELS historical prices to predict the future TRANSCORP HOTELS's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TRANSCORP HOTELS'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.

TRANSCORP HOTELS PLC Backtested Returns

TRANSCORP HOTELS PLC retains Efficiency (Sharpe Ratio) of -0.0116, which indicates the firm had a -0.0116 % return per unit of risk over the last 3 months. TRANSCORP HOTELS exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TRANSCORP HOTELS's risk adjusted performance of 0.0534, and Downside Deviation of 6.95 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TRANSCORP HOTELS are expected to decrease at a much lower rate. During the bear market, TRANSCORP HOTELS is likely to outperform the market. At this point, TRANSCORP HOTELS PLC has a negative expected return of -0.0329%. Please make sure to validate TRANSCORP HOTELS's value at risk, and the relationship between the jensen alpha and skewness , to decide if TRANSCORP HOTELS PLC performance from the past will be repeated at future time.

Auto-correlation

    
  -0.43  

Modest reverse predictability

TRANSCORP HOTELS PLC has modest reverse predictability. Overlapping area represents the amount of predictability between TRANSCORP HOTELS time series from 28th of March 2025 to 12th of May 2025 and 12th of May 2025 to 26th of June 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 TRANSCORP HOTELS PLC price movement. The serial correlation of -0.43 indicates that just about 43.0% of current TRANSCORP HOTELS price fluctuation can be explain by its past prices.
Correlation Coefficient-0.43
Spearman Rank Test-0.77
Residual Average0.0
Price Variance106.79

TRANSCORP HOTELS PLC lagged returns against current returns

Autocorrelation, which is TRANSCORP HOTELS 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 TRANSCORP HOTELS's stock expected returns. We can calculate the autocorrelation of TRANSCORP HOTELS returns to help us make a trade decision. For example, suppose you find that TRANSCORP HOTELS 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  

TRANSCORP HOTELS 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 TRANSCORP HOTELS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TRANSCORP HOTELS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TRANSCORP HOTELS stock over time.
   Current vs Lagged Prices   
       Timeline  

TRANSCORP HOTELS Lagged Returns

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

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