Priceline Backtesting

The Priceline Group Inc -- USA Stock  

USD 1,760  0.92  0.0522%

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

November 16, 2017
No Change 0.00  0.0%
In 31 days
December 16, 2017
If you would invest  0.00  in Priceline on November 16, 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 0.1395 which implies The Priceline Group had 0.1395% 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 628.27, Semi Deviation of 0.3405 and Market Risk Adjusted Performance of (0.66) to confirm if risk estimate we provide are consistent with the epected return of 0.0789%. Priceline has performance score of 9 on a scale of 0 to 100. The organization holds Beta of -0.117 which implies as returns on market increase, returns on owning Priceline are expected to decrease at a much smaller rate. During bear market, Priceline is likely to outperform the market.. Although it is extremely important to respect The Priceline Group current trending patterns, 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 0.0789% will be sustainable into the future. The Priceline Group right now holds a risk of 0.5655%. 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(0.8) 

Almost perfect reverse predictability

The Priceline Group Inc has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Priceline time series from November 16, 2017 to December 1, 2017 and December 1, 2017 to December 16, 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 -0.8 indicates that around 80.0% of current Priceline price fluctuation can be explain by its past prices. Given that The Priceline Group Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Priceline for similar time interval.
Correlation Coefficient -0.8
Spearman Rank Test 0.06
Price Variance 243.24
Lagged Price Variance 139.59

Priceline Lagged Returns

 Regressed Prices 

Priceline Performance vs DOW

The median price of Priceline for the period between Thu, Nov 16, 2017 and Sat, Dec 16, 2017 is 1739.71 with a coefficient of variation of 0.98. The daily time series for the period is distributed with a sample standard deviation of 17.09, arithmetic mean of 1739.92, and mean deviation of 15.03. The Stock received some media coverage during the period.
Price Growth (%)  
Financial Counselors Inc. Purchases 161 Shares of The Pricel...12/15/2017