Park Hotels (Germany) Market Value
| HIP Stock | EUR 14.50 0.10 0.68% |
| Symbol | Park |
Park 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 Park 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 Park Hotels.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Park Hotels on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Park Hotels Resorts or generate 0.0% return on investment in Park Hotels over 360 days. Park Hotels is related to or competes with Guidewire Software, PSI Software, Zijin Mining, Mitsui Chemicals, ATOSS SOFTWARE, CyberArk Software, and Tower Semiconductor. Park is the second largest publicly traded lodging REIT with a diverse portfolio of market-leading hotels and resorts wi... More
Park 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 Park 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 Park Hotels Resorts upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.93 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 9.79 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 3.97 |
Park Hotels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Park Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Park Hotels' standard deviation. In reality, there are many statistical measures that can use Park Hotels historical prices to predict the future Park Hotels' volatility.| Risk Adjusted Performance | 0.0572 | |||
| Jensen Alpha | 0.124 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 16.24 |
Park Hotels Resorts Backtested Returns
At this point, Park Hotels is not too volatile. Park Hotels Resorts maintains Sharpe Ratio (i.e., Efficiency) of 0.0557, which implies the firm had a 0.0557% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Park Hotels Resorts, which you can use to evaluate the volatility of the company. Please check Park Hotels' Coefficient Of Variation of 1501.09, semi deviation of 1.45, and Risk Adjusted Performance of 0.0572 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Park Hotels has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of 0.0077, which implies not very significant fluctuations relative to the market. As returns on the market increase, Park Hotels' returns are expected to increase less than the market. However, during the bear market, the loss of holding Park Hotels is expected to be smaller as well. Park Hotels Resorts right now holds a risk of 2.02%. Please check Park Hotels Resorts sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if Park Hotels Resorts will be following its historical price patterns.
Auto-correlation | -0.24 |
Weak reverse predictability
Park Hotels Resorts has weak reverse predictability. Overlapping area represents the amount of predictability between Park Hotels time series from 7th of December 2023 to 4th of June 2024 and 4th of June 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 Park Hotels Resorts price movement. The serial correlation of -0.24 indicates that over 24.0% of current Park Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Park Hotels Resorts lagged returns against current returns
Autocorrelation, which is Park 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 Park Hotels' stock expected returns. We can calculate the autocorrelation of Park Hotels returns to help us make a trade decision. For example, suppose you find that Park 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 |
Park 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 Park Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Park Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Park Hotels stock over time.
Current vs Lagged Prices |
| Timeline |
Park Hotels Lagged Returns
When evaluating Park Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Park Hotels stock have on its future price. Park 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, Park Hotels autocorrelation shows the relationship between Park Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in Park Hotels Resorts.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Park Stock
When determining whether Park Hotels Resorts is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Park Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Park Hotels Resorts Stock. Highlighted below are key reports to facilitate an investment decision about Park Hotels Resorts Stock:Check out Park Hotels Correlation, Park Hotels Volatility and Park Hotels Alpha and Beta module to complement your research on Park Hotels. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Park 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.