Travelzoo Stock Market Value
| TZOO Stock | USD 20.47 0.65 3.28% |
| Symbol | Travelzoo |
Travelzoo Price To Book Ratio
Is Interactive Media & Services 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 Travelzoo. If investors know Travelzoo 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 Travelzoo 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 0.635 | Earnings Share 1.02 | Revenue Per Share 6.439 | Quarterly Revenue Growth (0.02) | Return On Assets 0.2131 |
The market value of Travelzoo is measured differently than its book value, which is the value of Travelzoo that is recorded on the company's balance sheet. Investors also form their own opinion of Travelzoo's value that differs from its market value or its book value, called intrinsic value, which is Travelzoo's 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 Travelzoo's market value can be influenced by many factors that don't directly affect Travelzoo's 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 Travelzoo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Travelzoo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Travelzoo's 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.
Travelzoo '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 Travelzoo's 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 Travelzoo.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Travelzoo on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Travelzoo or generate 0.0% return on investment in Travelzoo over 720 days. Travelzoo is related to or competes with Dmc Global, Air T, Deckers Outdoor, Sonida Senior, and Liquidity Services. Travelzoo, an Internet media company, provides travel, entertainment, and local deals from travel and entertainment comp... More
Travelzoo 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 Travelzoo's 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 Travelzoo upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.99 | |||
| Information Ratio | 0.1785 | |||
| Maximum Drawdown | 20.89 | |||
| Value At Risk | (4.06) | |||
| Potential Upside | 12.85 |
Travelzoo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Travelzoo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Travelzoo's standard deviation. In reality, there are many statistical measures that can use Travelzoo historical prices to predict the future Travelzoo's volatility.| Risk Adjusted Performance | 0.1686 | |||
| Jensen Alpha | 0.7784 | |||
| Total Risk Alpha | 0.2074 | |||
| Sortino Ratio | 0.2479 | |||
| Treynor Ratio | 1.24 |
Travelzoo Backtested Returns
Travelzoo appears to be not too volatile, given 3 months investment horizon. Travelzoo owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% return per unit of risk over the last 3 months. By inspecting Travelzoo's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please review Travelzoo's Semi Deviation of 2.44, risk adjusted performance of 0.1686, and Coefficient Of Variation of 476.55 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Travelzoo holds a performance score of 17. The entity has a beta of 0.69, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Travelzoo's returns are expected to increase less than the market. However, during the bear market, the loss of holding Travelzoo is expected to be smaller as well. Please check Travelzoo's downside variance, and the relationship between the total risk alpha and daily balance of power , to make a quick decision on whether Travelzoo's existing price patterns will revert.
Auto-correlation | 0.13 |
Insignificant predictability
Travelzoo has insignificant predictability. Overlapping area represents the amount of predictability between Travelzoo time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Travelzoo price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Travelzoo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 8.46 |
Travelzoo lagged returns against current returns
Autocorrelation, which is Travelzoo 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 Travelzoo's stock expected returns. We can calculate the autocorrelation of Travelzoo returns to help us make a trade decision. For example, suppose you find that Travelzoo 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 |
Travelzoo 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 Travelzoo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Travelzoo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Travelzoo stock over time.
Current vs Lagged Prices |
| Timeline |
Travelzoo Lagged Returns
When evaluating Travelzoo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Travelzoo stock have on its future price. Travelzoo 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, Travelzoo autocorrelation shows the relationship between Travelzoo stock current value and its past values and can show if there is a momentum factor associated with investing in Travelzoo.
Regressed Prices |
| Timeline |
Pair Trading with Travelzoo
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Travelzoo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Travelzoo will appreciate offsetting losses from the drop in the long position's value.Moving together with Travelzoo Stock
Moving against Travelzoo Stock
| 0.72 | KUKE | Kuke Music Holding | PairCorr |
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| 0.64 | MCHX | Marchex | PairCorr |
| 0.56 | SCHL | Scholastic | PairCorr |
| 0.49 | DRCT | Direct Digital Holdings | PairCorr |
The ability to find closely correlated positions to Travelzoo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Travelzoo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Travelzoo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Travelzoo to buy it.
The correlation of Travelzoo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Travelzoo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Travelzoo moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Travelzoo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Travelzoo Correlation, Travelzoo Volatility and Travelzoo Alpha and Beta module to complement your research on Travelzoo. To learn how to invest in Travelzoo Stock, please use our How to Invest in Travelzoo guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Travelzoo 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.