Expedia Group Stock Market Value
EXPE Stock | USD 135.80 0.78 0.58% |
Symbol | Expedia |
Expedia Group Price To Book Ratio
Is Expedia'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 Expedia. If investors know Expedia 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 Expedia 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 (0.17) | Earnings Share 5.31 | Revenue Per Share 88.565 | Quarterly Revenue Growth 0.103 | Return On Assets 0.0424 |
The market value of Expedia Group is measured differently than its book value, which is the value of Expedia that is recorded on the company's balance sheet. Investors also form their own opinion of Expedia's value that differs from its market value or its book value, called intrinsic value, which is Expedia'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 Expedia's market value can be influenced by many factors that don't directly affect Expedia'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 Expedia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Expedia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Expedia'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.
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.
05/01/2023 |
| 04/25/2024 |
If you would invest 0.00 in Expedia on May 1, 2023 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 360 days. Expedia is related to or competes with AirbnbInc, and TripAdvisor. Expedia Group, Inc. operates as an online travel company in the United States and internationally 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.
Information Ratio | (0.08) | |||
Maximum Drawdown | 21.08 | |||
Value At Risk | (2.23) | |||
Potential Upside | 2.61 |
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 | (0.02) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.48) | |||
Treynor Ratio | (0.10) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Expedia's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Expedia Group Backtested Returns
Expedia Group secures Sharpe Ratio (or Efficiency) of -0.053, which denotes the company had a -0.053% return per unit of risk over the last 3 months. Expedia Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Expedia's Mean Deviation of 1.43, standard deviation of 2.64, and Variance of 6.97 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.12, which means a somewhat significant risk relative to the market. Expedia returns are very sensitive to returns on the market. As the market goes up or down, Expedia is expected to follow. Expedia Group has an expected return of -0.14%. Please make sure to confirm Expedia Group potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if Expedia Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.72 |
Good predictability
Expedia Group has good predictability. Overlapping area represents the amount of predictability between Expedia time series from 1st of May 2023 to 28th of October 2023 and 28th of October 2023 to 25th of April 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 0.72 indicates that around 72.0% of current Expedia price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.72 | |
Spearman Rank Test | 0.21 | |
Residual Average | 0.0 | |
Price Variance | 157.41 |
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 |
Expedia Investors Sentiment
The influence of Expedia's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Expedia. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Expedia's public news can be used to forecast risks associated with an investment in Expedia. The trend in average sentiment can be used to explain how an investor holding Expedia can time the market purely based on public headlines and social activities around Expedia Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Expedia's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Expedia's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Expedia's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Expedia.
Expedia Implied Volatility | 36.96 |
Expedia's implied volatility exposes the market's sentiment of Expedia Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Expedia's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Expedia stock will not fluctuate a lot when Expedia's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Expedia in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Expedia's short interest history, or implied volatility extrapolated from Expedia options trading.
Pair Trading with Expedia
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 Expedia 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 Expedia will appreciate offsetting losses from the drop in the long position's value.Moving against Expedia Stock
0.74 | AMZN | Amazon Inc Earnings Call This Week | PairCorr |
0.69 | CROX | Crocs Inc Earnings Call Today | PairCorr |
0.68 | AEO | American Eagle Outfitters Financial Report 22nd of May 2024 | PairCorr |
0.67 | GM | General Motors Sell-off Trend | PairCorr |
0.56 | BEDU | Bright Scholar Education | PairCorr |
The ability to find closely correlated positions to Expedia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Expedia 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 Expedia - 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 Expedia Group to buy it.
The correlation of Expedia 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 Expedia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Expedia Group 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 Expedia 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 Expedia Correlation, Expedia Volatility and Expedia Alpha and Beta module to complement your research on Expedia. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Expedia Stock analysis
When running Expedia's price analysis, check to measure Expedia'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 Expedia is operating at the current time. Most of Expedia's value examination focuses on studying past and present price action to predict the probability of Expedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Expedia's price. Additionally, you may evaluate how the addition of Expedia to your portfolios can decrease your overall portfolio volatility.
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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.