Playa Hotels Resorts Stock Market Value
| PLYA Stock | USD 9.69 0.08 0.82% |
| Symbol | Playa |
Playa Hotels Resorts Price To Book Ratio
Is Hotels, Resorts & Cruise Lines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Playa Hotels. If investors know Playa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Playa Hotels listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.23) | Earnings Share 0.5 | Revenue Per Share 7.105 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0517 |
The market value of Playa Hotels Resorts is measured differently than its book value, which is the value of Playa that is recorded on the company's balance sheet. Investors also form their own opinion of Playa Hotels' value that differs from its market value or its book value, called intrinsic value, which is Playa Hotels' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Playa Hotels' market value can be influenced by many factors that don't directly affect Playa Hotels' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Playa Hotels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Playa Hotels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Playa Hotels' 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.
Playa 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 Playa 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 Playa Hotels.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Playa Hotels on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Playa Hotels Resorts or generate 0.0% return on investment in Playa Hotels over 30 days. Playa Hotels is related to or competes with Vail Resorts, Monarch Casino, Hilton Grand, Full House, and Caesars Entertainment. Playa Hotels Resorts N.V., together with its subsidiaries, owns, develops, and operates resorts in prime beachfront loca... More
Playa 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 Playa 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 Playa Hotels Resorts upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.54 | |||
| Information Ratio | 0.1257 | |||
| Maximum Drawdown | 9.17 | |||
| Value At Risk | (2.00) | |||
| Potential Upside | 3.23 |
Playa Hotels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Playa Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Playa Hotels' standard deviation. In reality, there are many statistical measures that can use Playa Hotels historical prices to predict the future Playa Hotels' volatility.| Risk Adjusted Performance | 0.1557 | |||
| Jensen Alpha | 0.1964 | |||
| Total Risk Alpha | 0.0709 | |||
| Sortino Ratio | 0.1468 | |||
| Treynor Ratio | 0.2723 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Playa Hotels' 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.
Playa Hotels Resorts Backtested Returns
Playa Hotels appears to be not too volatile, given 3 months investment horizon. Playa Hotels Resorts maintains Sharpe Ratio (i.e., Efficiency) of 0.22, which implies the firm had a 0.22% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Playa Hotels Resorts, which you can use to evaluate the volatility of the company. Please evaluate Playa Hotels' Coefficient Of Variation of 511.06, risk adjusted performance of 0.1557, and Semi Deviation of 1.13 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Playa Hotels holds a performance score of 17. The company holds a Beta of 1.25, which implies 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, Playa Hotels will likely underperform. Please check Playa Hotels' potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether Playa Hotels' historical price patterns will revert.
Auto-correlation | 0.93 |
Excellent predictability
Playa Hotels Resorts has excellent predictability. Overlapping area represents the amount of predictability between Playa Hotels time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Playa Hotels Resorts price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Playa Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Playa Hotels Resorts lagged returns against current returns
Autocorrelation, which is Playa 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 Playa Hotels' stock expected returns. We can calculate the autocorrelation of Playa Hotels returns to help us make a trade decision. For example, suppose you find that Playa 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 |
Playa 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 Playa Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Playa Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Playa Hotels stock over time.
Current vs Lagged Prices |
| Timeline |
Playa Hotels Lagged Returns
When evaluating Playa Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Playa Hotels stock have on its future price. Playa 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, Playa Hotels autocorrelation shows the relationship between Playa Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in Playa Hotels Resorts.
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 determining whether Playa 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 Playa 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 Playa Hotels Resorts Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Playa Hotels Resorts Stock:Check out Playa Hotels Correlation, Playa Hotels Volatility and Playa Hotels Alpha and Beta module to complement your research on Playa Hotels. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Playa 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.