Chatham Lodging Stock Forecast - Total Risk Alpha
| CLDT Stock | USD 8.95 0.07 0.78% |
Chatham Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Chatham Lodging stock prices and determine the direction of Chatham Lodging Trust's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Chatham Lodging's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Chatham Lodging to cross-verify your projections. Chatham |
Most investors in Chatham Lodging cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Chatham Lodging's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Chatham Lodging's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Chatham Lodging Volatility | Backtest Chatham Lodging | Information Ratio |
Chatham Lodging Trading Date Momentum
| On May 22 2024 Chatham Lodging Trust was traded for 8.95 at the closing time. The top price for the day was 9.07 and the lowest listed price was 8.95 . There was no trading activity during the period 0.0. Lack of trading volume on May 22, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.45% . |
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Other Forecasting Options for Chatham Lodging
For every potential investor in Chatham, whether a beginner or expert, Chatham Lodging's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Chatham Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Chatham. Basic forecasting techniques help filter out the noise by identifying Chatham Lodging's price trends.Chatham Lodging Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Chatham Lodging stock to make a market-neutral strategy. Peer analysis of Chatham Lodging could also be used in its relative valuation, which is a method of valuing Chatham Lodging by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Chatham Lodging Trust Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Chatham Lodging's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Chatham Lodging's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Chatham Lodging Market Strength Events
Market strength indicators help investors to evaluate how Chatham Lodging stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chatham Lodging shares will generate the highest return on investment. By undertsting and applying Chatham Lodging stock market strength indicators, traders can identify Chatham Lodging Trust entry and exit signals to maximize returns.
Chatham Lodging Risk Indicators
The analysis of Chatham Lodging's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Chatham Lodging's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting chatham stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.16 | |||
| Standard Deviation | 1.46 | |||
| Variance | 2.13 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Chatham Lodging
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 Chatham Lodging 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 Chatham Lodging will appreciate offsetting losses from the drop in the long position's value.Moving against Chatham Stock
| 0.81 | BHR | Braemar Hotel Resorts | PairCorr |
| 0.64 | AHT-PD | Ashford Hospitality Trust | PairCorr |
The ability to find closely correlated positions to Chatham Lodging could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chatham Lodging 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 Chatham Lodging - 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 Chatham Lodging Trust to buy it.
The correlation of Chatham Lodging 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 Chatham Lodging moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chatham Lodging Trust 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 Chatham Lodging 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 Historical Fundamental Analysis of Chatham Lodging to cross-verify your projections. Note that the Chatham Lodging Trust information on this page should be used as a complementary analysis to other Chatham Lodging's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Chatham Stock analysis
When running Chatham Lodging's price analysis, check to measure Chatham Lodging's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chatham Lodging is operating at the current time. Most of Chatham Lodging's value examination focuses on studying past and present price action to predict the probability of Chatham Lodging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chatham Lodging's price. Additionally, you may evaluate how the addition of Chatham Lodging to your portfolios can decrease your overall portfolio volatility.
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Is Chatham Lodging's industry 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 Chatham Lodging. If investors know Chatham 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 Chatham Lodging listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Chatham Lodging Trust is measured differently than its book value, which is the value of Chatham that is recorded on the company's balance sheet. Investors also form their own opinion of Chatham Lodging's value that differs from its market value or its book value, called intrinsic value, which is Chatham Lodging'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 Chatham Lodging's market value can be influenced by many factors that don't directly affect Chatham Lodging'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 Chatham Lodging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chatham Lodging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chatham Lodging'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.