Marriott International Backtesting

Marriott International Inc -- USA Stock  

USD 115.2  0.18  0.16%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Marriott International Inc and determine expected loss or profit from investing in Marriott International over given investment horizon. Please see also Marriott International Hype Analysis, Marriott International Correlation, Marriott International Valuation, Marriott International Volatility as well as analyze Marriott International Alpha and Beta and Marriott International Performance
Investment Horizon     30 Days    Login   to change
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Marriott International 'What if' Analysis

September 22, 2017
 0.00 
No Change 0.00  0.0%
In 31 days
October 22, 2017
 0.00 
If you would invest  0.00  in Marriott International on September 22, 2017 and sell it all today you would earn a total of 0.00 from holding Marriott International Inc or generate 0.0% return on investment in Marriott International over 30 days. Marriott International is related to or competes with Hyatt Hotels, Expedia, Wynn Resorts, Carnival, Hilton Worldwide, and Host Hotels. Marriott International Inc operates through three segments North American FullService, North American LimitedService, an...

Marriott International Upside/Downside Indicators

  

Marriott International Market Premium Indicators

Marriott International lagged returns against current returns

 Current and Lagged Values 
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Marriott International regressed lagged prices vs. current prices

 Current vs Lagged Prices 
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Marriott International Backtested Returns

Macroaxis considers Marriott International not too risky given 1 month investment horizon. Marriott International has Sharpe Ratio of 0.3903 which conveys that Marriott International had 0.3903% of return per unit of risk over the last 1 month. Our philosophy towards estimating volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty technical indicators for Marriott International which you can use to evaluate future volatility of the firm. Please exercise Marriott International Inc Coefficient Of Variation of 244.39, Mean Deviation of 0.5391 and Risk Adjusted Performance of 0.1173 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Marriott International holds performance score of 26. The company secures Beta (Market Risk) of 0.214 which conveys that as returns on market increase, Marriott International returns are expected to increase less than the market. However during bear market, the loss on holding Marriott International will be expected to be smaller as well.. Although it is vital to follow to Marriott International price patterns, it is good to be conservative about what you can actually do with the information regarding equity historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Marriott International technical indicators you can presently evaluate if the expected return of 0.2944% will be sustainable into the future. Please exercises Marriott International Inc Information Ratio, Potential Upside as well as the relationship between Potential Upside and Kurtosis to make a quick decision on weather Marriott International current price movements will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.58 

Modest predictability

Marriott International Inc has modest predictability. Overlapping area represents the amount of predictability between Marriott International time series from September 22, 2017 to October 7, 2017 and October 7, 2017 to October 22, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Marriott International price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Marriott International price fluctuation can be explain by its past prices.
Correlation Coefficient 0.58
Spearman Rank Test 0.55
Price Variance 0.58
Lagged Price Variance 1.54

Marriott International Lagged Returns

 Regressed Prices 
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Marriott International Performance vs DOW

The median price of Marriott International for the period between Fri, Sep 22, 2017 and Sun, Oct 22, 2017 is 111.76 with a coefficient of variation of 2.59. The daily time series for the period is distributed with a sample standard deviation of 2.9, arithmetic mean of 111.78, and mean deviation of 2.59. The Stock did not receive any noticable media coverage during the period.
Price Growth (%)  
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