Wyndham Hotels (UK) Market Value
| 0YTR Stock | 98.06 0.61 0.62% |
| Symbol | Wyndham |
Wyndham 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 Wyndham Hotels' 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 Wyndham Hotels.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Wyndham Hotels on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Wyndham Hotels Resorts or generate 0.0% return on investment in Wyndham Hotels over 360 days. Wyndham Hotels is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Toyota, State Bank, SoftBank Group, and Reliance Industries. Wyndham Hotels is entity of United Kingdom More
Wyndham 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 Wyndham Hotels' 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 Wyndham Hotels Resorts upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.04 | |||
| Information Ratio | 0.1356 | |||
| Maximum Drawdown | 12.36 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 2.72 |
Wyndham Hotels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wyndham Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wyndham Hotels' standard deviation. In reality, there are many statistical measures that can use Wyndham Hotels historical prices to predict the future Wyndham Hotels' volatility.| Risk Adjusted Performance | 0.1619 | |||
| Jensen Alpha | 0.3215 | |||
| Total Risk Alpha | 0.089 | |||
| Sortino Ratio | 0.236 | |||
| Treynor Ratio | 1.09 |
Wyndham Hotels Resorts Backtested Returns
Wyndham Hotels appears to be very steady, given 3 months investment horizon. Wyndham Hotels Resorts shows Sharpe Ratio of 0.22, which attests that the company had a 0.22% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Wyndham Hotels Resorts, which you can use to evaluate the volatility of the company. Please utilize Wyndham Hotels' Mean Deviation of 1.13, market risk adjusted performance of 1.1, and Downside Deviation of 1.04 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Wyndham Hotels holds a performance score of 17. The firm maintains a market beta of 0.33, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Wyndham Hotels' returns are expected to increase less than the market. However, during the bear market, the loss of holding Wyndham Hotels is expected to be smaller as well. Please check Wyndham Hotels' coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Wyndham Hotels' historical returns will revert.
Auto-correlation | -0.82 |
Excellent reverse predictability
Wyndham Hotels Resorts has excellent reverse predictability. Overlapping area represents the amount of predictability between Wyndham Hotels time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Wyndham Hotels Resorts price movement. The serial correlation of -0.82 indicates that around 82.0% of current Wyndham Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.82 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 42.88 |
Wyndham Hotels Resorts lagged returns against current returns
Autocorrelation, which is Wyndham 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 Wyndham Hotels' stock expected returns. We can calculate the autocorrelation of Wyndham Hotels returns to help us make a trade decision. For example, suppose you find that Wyndham 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 |
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Wyndham 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 Wyndham Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wyndham Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wyndham Hotels stock over time.
Current vs Lagged Prices |
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Wyndham Hotels Lagged Returns
When evaluating Wyndham Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wyndham Hotels stock have on its future price. Wyndham 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, Wyndham Hotels autocorrelation shows the relationship between Wyndham Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in Wyndham Hotels Resorts.
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 Wyndham Stock Analysis
When running Wyndham Hotels' price analysis, check to measure Wyndham Hotels' 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 Wyndham Hotels is operating at the current time. Most of Wyndham Hotels' value examination focuses on studying past and present price action to predict the probability of Wyndham Hotels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wyndham Hotels' price. Additionally, you may evaluate how the addition of Wyndham Hotels to your portfolios can decrease your overall portfolio volatility.