Priceline Backtesting

The Priceline Group Inc -- USA Stock  

USD 1,942  0.24  0.0124%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of The Priceline Group Inc and determine expected loss or profit from investing in Priceline over given investment horizon. Additionally take a look at Priceline Hype Analysis, Priceline Correlation, Priceline Valuation, Priceline Volatility as well as analyze Priceline Alpha and Beta and Priceline Performance
Investment Horizon     30 Days    Login   to change

Priceline 'What if' Analysis

September 21, 2017
No Change 0.00  0.0%
In 31 days
October 21, 2017
If you would invest  0.00  in Priceline on September 21, 2017 and sell it all today you would earn a total of 0.00 from holding The Priceline Group Inc or generate 0.0% return on investment in Priceline over 30 days. Priceline is related to or competes with Hyatt Hotels, Expedia, Wynn Resorts, Carnival, Hilton Worldwide, and Host Hotels. The Priceline Group Inc operates, which offer online accommodation reservation services and th...

Priceline Upside/Downside Indicators


Priceline Market Premium Indicators

The Priceline Group lagged returns against current returns

 Current and Lagged Values 

Priceline regressed lagged prices vs. current prices

 Current vs Lagged Prices 

The Priceline Group Backtested Returns

We consider Priceline not too risky. The Priceline Group maintains Sharpe Ratio (i.e. Efficiency) of 0.2527 which implies The Priceline Group had 0.2527% of return per unit of risk over the last 1 month. Our philosophy towards forecasting 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-one technical indicators for The Priceline Group which you can use to evaluate future volatility of the company. Please check The Priceline Group Coefficient Of Variation of 395.79, Semi Deviation of 0.52 and Market Risk Adjusted Performance of 0.4558 to confirm if risk estimate we provide are consistent with the epected return of 0.1836%. Priceline has performance score of 17 on a scale of 0 to 100. The organization holds Beta of 0.3893 which implies as returns on market increase, Priceline returns are expected to increase less than the market. However during bear market, the loss on holding Priceline will be expected to be smaller as well.. Although it is extremely important to respect The Priceline Group current trending patternss, it is better to be realistic regarding the information on equity existing price patterns. The philosophy towards forecasting 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 The Priceline Group technical indicators you can presently evaluate if the expected return of 0.1836% will be sustainable into the future. The Priceline Group right now holds a risk of 0.7265%. Please check The Priceline Group Information Ratio as well as the relationship between Potential Upside and Kurtosis to decide if The Priceline Group will be following its historical price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.51 

Modest predictability

The Priceline Group Inc has modest predictability. Overlapping area represents the amount of predictability between Priceline time series from September 21, 2017 to October 6, 2017 and October 6, 2017 to October 21, 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 The Priceline Group price movement. The serial correlation of 0.51 indicates that about 51.0% of current Priceline price fluctuation can be explain by its past prices.
Correlation Coefficient 0.51
Spearman Rank Test 0.43
Price Variance 78.52
Lagged Price Variance 872.33

Priceline Lagged Returns

 Regressed Prices 

Priceline Performance vs DOW

The median price of Priceline for the period between Thu, Sep 21, 2017 and Sat, Oct 21, 2017 is 1916.65 with a coefficient of variation of 2.39. The daily time series for the period is distributed with a sample standard deviation of 45.12, arithmetic mean of 1890.03, and mean deviation of 40.09. The Stock received some media coverage during the period.
Price Growth (%)  
Check out this share with its uphill statistics The Pricelin...09/29/2017
The Priceline Group Inc. Rating Reiterated by Barclays PLC10/20/2017