Wyndham Hotels (Germany) Market Value
| 2WY Stock | EUR 91.50 0.50 0.54% |
| 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.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Wyndham Hotels on November 1, 2024 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 30 days. Wyndham Hotels is related to or competes with ALGOMA STEEL, INFORMATION SVC, Cass Information, Boiron SA, DATAGROUP, and Mitsui Chemicals. Wyndham Hotels Resorts, Inc. operates as a hotel franchisor worldwide 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 | 1.32 | |||
| Information Ratio | 0.1644 | |||
| Maximum Drawdown | 13.05 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 2.76 |
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 | 0.1863 | |||
| Jensen Alpha | 0.3253 | |||
| Total Risk Alpha | 0.1227 | |||
| Sortino Ratio | 0.2401 | |||
| Treynor Ratio | 0.4762 |
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-seven technical indicators for Wyndham Hotels Resorts, which you can use to evaluate the volatility of the company. Please utilize Wyndham Hotels' Market Risk Adjusted Performance of 0.4862, mean deviation of 1.24, and Downside Deviation of 1.32 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 0.93, which attests to possible diversification benefits within a given portfolio. Wyndham Hotels returns are very sensitive to returns on the market. As the market goes up or down, Wyndham Hotels is expected to follow. Please check Wyndham Hotels' sortino ratio, potential upside, and the relationship between the jensen alpha and maximum drawdown , to make a quick decision on whether Wyndham Hotels' historical returns will revert.
Auto-correlation | 0.81 |
Very good predictability
Wyndham Hotels Resorts has very good predictability. Overlapping area represents the amount of predictability between Wyndham Hotels time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 0.81 indicates that around 81.0% of current Wyndham Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 1.56 |
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 |
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Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Wyndham Stock
When determining whether Wyndham Hotels Resorts offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wyndham Hotels' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wyndham Hotels Resorts Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wyndham Hotels Resorts Stock:Check out Wyndham Hotels Correlation, Wyndham Hotels Volatility and Wyndham Hotels Alpha and Beta module to complement your research on Wyndham Hotels. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Wyndham Hotels technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.