Summit Hotel Properties Stock Alpha and Beta Analysis
| INN Stock | USD 6.58 0.06 0.92% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Summit Hotel Properties. It also helps investors analyze the systematic and unsystematic risks associated with investing in Summit Hotel over a specified time horizon. Remember, high Summit Hotel's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Summit Hotel's market risk premium analysis include:
Beta 1.6 | Alpha (0.19) | Risk 1.99 | Sharpe Ratio 0.0025 | Expected Return 0.005 |
Summit Hotel Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Summit |
Summit Hotel Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Summit Hotel market risk premium is the additional return an investor will receive from holding Summit Hotel long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Summit Hotel. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Summit Hotel's performance over market.| α | -0.19 | β | 1.60 |
Summit Hotel expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Summit Hotel's Buy-and-hold return. Our buy-and-hold chart shows how Summit Hotel performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Summit Hotel Market Price Analysis
Market price analysis indicators help investors to evaluate how Summit Hotel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Summit Hotel shares will generate the highest return on investment. By understating and applying Summit Hotel stock market price indicators, traders can identify Summit Hotel position entry and exit signals to maximize returns.
Summit Hotel Return and Market Media
The median price of Summit Hotel for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 6.46 with a coefficient of variation of 4.04. The daily time series for the period is distributed with a sample standard deviation of 0.26, arithmetic mean of 6.46, and mean deviation of 0.21. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 111863 shares by Daniel Hansen of Summit Hotel subject to Rule 16b-3 | 09/20/2024 |
2 | Dimensional Fund Advisors LP Acquires 80,577 Shares of Summit Hotel Properties, Inc. - MarketBeat | 10/08/2024 |
3 | IntraNerve Neuroscience Promotes Michael Haubert to Chief Operating Officer and Ryan Rosenhahn to President | 10/14/2024 |
4 | Summit Hotel declares 0.08 dividend | 10/25/2024 |
5 | Summit Hotel Properties Inc Q3 2024 Earnings Report Preview What To Expect | 11/04/2024 |
6 | Q3 2024 Summit Hotel Properties Inc Earnings Call Transcript | 11/06/2024 |
7 | THE OMNI GROVE PARK INN REOPENS WITH A HEART FOR ALL, HONORING ASHEVILLES RESILIENCE AFTER HURRICANE HELENE | 11/11/2024 |
8 | Prudential Financial Incs Strategic Acquisition of Summit Hotel Properties Inc Shares | 11/15/2024 |
9 | THE OMNI GROVE PARK INN SPA ANNOUNCES FINAL PHASE OF REOPENING FOLLOWING HURRICANE HELENE | 11/26/2024 |
| Summit Hotel dividend paid on 29th of November 2024 | 11/29/2024 |
About Summit Hotel Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Summit or other stocks. Alpha measures the amount that position in Summit Hotel Properties has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0152 | 0.0374 | 0.0645 | 0.0592 | Price To Sales Ratio | 2.82 | 1.12 | 0.96 | 0.92 |
Summit Hotel Upcoming Company Events
As portrayed in its financial statements, the presentation of Summit Hotel's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Summit Hotel's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Summit Hotel's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Summit Hotel. Please utilize our Beneish M Score to check the likelihood of Summit Hotel's management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Summit Hotel
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Align your risk with return expectations
Check out Summit Hotel Backtesting, Summit Hotel Valuation, Summit Hotel Correlation, Summit Hotel Hype Analysis, Summit Hotel Volatility, Summit Hotel History and analyze Summit Hotel Performance. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Summit Hotel 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.