Booking Holdings' market value is the price at which a share of Booking Holdings trades on a public exchange. It measures the collective expectations of Booking Holdings investors about its performance. Booking Holdings is selling for under 4803.47 as of the 8th of January 2025; that is 2.21 percent decrease since the beginning of the trading day. The stock's lowest day price was 4792.0. With this module, you can estimate the performance of a buy and hold strategy of Booking Holdings and determine expected loss or profit from investing in Booking Holdings over a given investment horizon. Check out Booking Holdings Correlation, Booking Holdings Volatility and Booking Holdings Alpha and Beta module to complement your research on Booking Holdings.
Please note, there is a significant difference between Booking Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Booking Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Booking Holdings' 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.
Booking Holdings '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 Booking Holdings' 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 Booking Holdings.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Booking Holdings' 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 Booking Holdings upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Booking Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Booking Holdings' standard deviation. In reality, there are many statistical measures that can use Booking Holdings historical prices to predict the future Booking Holdings' volatility.
Booking Holdings is very steady given 3 months investment horizon. Booking Holdings secures Sharpe Ratio (or Efficiency) of 0.0773, which signifies that the company had a 0.0773% return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.47% are justified by taking the suggested risk. Use Booking Holdings Downside Deviation of 10.52, risk adjusted performance of 0.0718, and Mean Deviation of 4.76 to evaluate company specific risk that cannot be diversified away. Booking Holdings holds a performance score of 6 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 10.07, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Booking Holdings will likely underperform. Use Booking Holdings downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to analyze future returns on Booking Holdings.
Auto-correlation
0.68
Good predictability
Booking Holdings has good predictability. Overlapping area represents the amount of predictability between Booking Holdings time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th of January 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 Booking Holdings price movement. The serial correlation of 0.68 indicates that around 68.0% of current Booking Holdings price fluctuation can be explain by its past prices.
Correlation Coefficient
0.68
Spearman Rank Test
0.58
Residual Average
0.0
Price Variance
9907.09
Booking Holdings lagged returns against current returns
Autocorrelation, which is Booking Holdings 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 Booking Holdings' stock expected returns. We can calculate the autocorrelation of Booking Holdings returns to help us make a trade decision. For example, suppose you find that Booking Holdings 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
Booking Holdings 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 Booking Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Booking Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Booking Holdings stock over time.
Current vs Lagged Prices
Timeline
Booking Holdings Lagged Returns
When evaluating Booking Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Booking Holdings stock have on its future price. Booking Holdings 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, Booking Holdings autocorrelation shows the relationship between Booking Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Booking Holdings.
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.
When running Booking Holdings' price analysis, check to measure Booking Holdings' 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 Booking Holdings is operating at the current time. Most of Booking Holdings' value examination focuses on studying past and present price action to predict the probability of Booking Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Booking Holdings' price. Additionally, you may evaluate how the addition of Booking Holdings to your portfolios can decrease your overall portfolio volatility.