Booking Holdings (UK) Market Value
| 0W2Y Stock | 5,075 82.45 1.65% |
| Symbol | Booking |
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.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in Booking Holdings on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Booking Holdings or generate 0.0% return on investment in Booking Holdings over 720 days. Booking Holdings is related to or competes with Viridian Therapeutics, AES Corp, CVR Energy, Nationwide Building, Digital Realty, Dollar Tree, and News Corp. Booking Holdings is entity of United Kingdom More
Booking Holdings 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 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.
| Downside Deviation | 10.69 | |||
| Information Ratio | 0.0815 | |||
| Maximum Drawdown | 137.11 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 2.9 |
Booking Holdings Market Risk Indicators
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.| Risk Adjusted Performance | 0.0755 | |||
| Jensen Alpha | 1.55 | |||
| Total Risk Alpha | 0.9886 | |||
| Sortino Ratio | 0.1377 | |||
| Treynor Ratio | (0.65) |
Booking Holdings Backtested Returns
Booking Holdings is very steady given 3 months investment horizon. Booking Holdings secures Sharpe Ratio (or Efficiency) of 0.0828, which signifies that the company had a 0.0828% 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 1.51% are justified by taking the suggested risk. Use Booking Holdings Downside Deviation of 10.69, risk adjusted performance of 0.0755, and Mean Deviation of 4.37 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 -2.29, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Booking Holdings are expected to decrease by larger amounts. On the other hand, during market turmoil, Booking Holdings is expected to outperform it. 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 | 0.66 |
Good predictability
Booking Holdings has good predictability. Overlapping area represents the amount of predictability between Booking Holdings time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd of December 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 Booking Holdings price movement. The serial correlation of 0.66 indicates that around 66.0% of current Booking Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 303 K |
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 |
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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.Additional Tools for Booking Stock Analysis
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.