Expedia (Germany) Market Value
| E3X1 Stock | EUR 176.54 2.40 1.38% |
| Symbol | Expedia |
Expedia '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 Expedia'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 Expedia.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Expedia on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Expedia Group or generate 0.0% return on investment in Expedia over 210 days. Expedia is related to or competes with AIR PRODCHEMICALS, SLR Investment, ECHO INVESTMENT, PennantPark Investment, and Westlake Chemical. Expedia Group, Inc., together with its subsidiaries, operates as an online travel company in the United States and inter... More
Expedia 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 Expedia'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 Expedia Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.58 | |||
| Information Ratio | 0.1824 | |||
| Maximum Drawdown | 10.6 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 4.52 |
Expedia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Expedia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Expedia's standard deviation. In reality, there are many statistical measures that can use Expedia historical prices to predict the future Expedia's volatility.| Risk Adjusted Performance | 0.1948 | |||
| Jensen Alpha | 0.4581 | |||
| Total Risk Alpha | 0.1608 | |||
| Sortino Ratio | 0.2481 | |||
| Treynor Ratio | 1.08 |
Expedia Group Backtested Returns
Expedia appears to be very steady, given 3 months investment horizon. Expedia Group secures Sharpe Ratio (or Efficiency) of 0.26, which denotes the company had a 0.26% return per unit of risk over the last 3 months. By reviewing Expedia's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please utilize Expedia's Mean Deviation of 1.57, coefficient of variation of 405.89, and Downside Deviation of 1.58 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Expedia holds a performance score of 20. The firm shows a Beta (market volatility) of 0.48, which means possible diversification benefits within a given portfolio. As returns on the market increase, Expedia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Expedia is expected to be smaller as well. Please check Expedia's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Expedia's price patterns will revert.
Auto-correlation | 0.51 |
Modest predictability
Expedia Group has modest predictability. Overlapping area represents the amount of predictability between Expedia time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 to 2nd 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 Expedia Group price movement. The serial correlation of 0.51 indicates that about 51.0% of current Expedia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 374.08 |
Expedia Group lagged returns against current returns
Autocorrelation, which is Expedia 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 Expedia's stock expected returns. We can calculate the autocorrelation of Expedia returns to help us make a trade decision. For example, suppose you find that Expedia 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 |
Expedia 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 Expedia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Expedia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Expedia stock over time.
Current vs Lagged Prices |
| Timeline |
Expedia Lagged Returns
When evaluating Expedia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Expedia stock have on its future price. Expedia 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, Expedia autocorrelation shows the relationship between Expedia stock current value and its past values and can show if there is a momentum factor associated with investing in Expedia Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Expedia Stock
When determining whether Expedia Group is a strong investment it is important to analyze Expedia's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Expedia's future performance. For an informed investment choice regarding Expedia Stock, refer to the following important reports:Check out Expedia Correlation, Expedia Volatility and Expedia Alpha and Beta module to complement your research on Expedia. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Expedia 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.