Choice Return On Tangible Assets from 2010 to 2024

CHH Stock  USD 118.26  1.23  1.03%   
Choice Hotels' Return On Tangible Assets are decreasing with very volatile movements from year to year. Return On Tangible Assets are estimated to finish at 0.30 this year. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.18958561
Current Value
0.3
Quarterly Volatility
0.07855787
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Choice Hotels financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Choice main balance sheet or income statement drivers, such as Depreciation And Amortization of 79.5 M, Interest Expense of 36.8 M or Selling General Administrative of 178.4 M, as well as many exotic indicators such as Price To Sales Ratio of 3.5, Dividend Yield of 0.0094 or PTB Ratio of 168. Choice financial statements analysis is a perfect complement when working with Choice Hotels Valuation or Volatility modules.
  
This module can also supplement Choice Hotels' financial leverage analysis and stock options assessment as well as various Choice Hotels Technical models . Check out the analysis of Choice Hotels Correlation against competitors.

Latest Choice Hotels' Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Choice Hotels International over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Choice Hotels' Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Choice Hotels' overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

Choice Return On Tangible Assets Regression Statistics

Arithmetic Mean0.23
Geometric Mean0.21
Coefficient Of Variation34.31
Mean Deviation0.06
Median0.24
Standard Deviation0.08
Sample Variance0.01
Range0.2507
R-Value(0.03)
Mean Square Error0.01
R-Squared0.0007
Significance0.93
Slope(0.0005)
Total Sum of Squares0.09

Choice Return On Tangible Assets History

2023 0.19
2022 0.29
2021 0.2
2020 0.067
2018 0.31
2017 0.15
2016 0.21

About Choice Hotels Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Choice Hotels income statement, its balance sheet, and the statement of cash flows. Choice Hotels investors use historical funamental indicators, such as Choice Hotels's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Choice Hotels investors may use each financial statement separately, they are all related. The changes in Choice Hotels's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Choice Hotels's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Choice Hotels Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Choice Hotels. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.19  0.30 

Pair Trading with Choice Hotels

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 Choice Hotels 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 Choice Hotels will appreciate offsetting losses from the drop in the long position's value.

Moving against Choice Stock

  0.42EVRI Everi Holdings Financial Report 8th of May 2024 PairCorr
The ability to find closely correlated positions to Choice Hotels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Choice Hotels 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 Choice Hotels - 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 Choice Hotels International to buy it.
The correlation of Choice Hotels 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 Choice Hotels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Choice Hotels Intern 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 Choice Hotels 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.
Pair CorrelationCorrelation Matching
When determining whether Choice Hotels Intern offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Choice Hotels' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Choice Hotels International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Choice Hotels International Stock:
Check out the analysis of Choice Hotels Correlation against competitors.
Note that the Choice Hotels Intern information on this page should be used as a complementary analysis to other Choice Hotels' 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Choice Stock analysis

When running Choice Hotels' price analysis, check to measure Choice Hotels' 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 Choice Hotels is operating at the current time. Most of Choice Hotels' value examination focuses on studying past and present price action to predict the probability of Choice Hotels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Choice Hotels' price. Additionally, you may evaluate how the addition of Choice Hotels to your portfolios can decrease your overall portfolio volatility.
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Is Choice Hotels' 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 Choice Hotels. If investors know Choice 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 Choice Hotels 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
(0.44)
Dividend Share
1.15
Earnings Share
5.07
Revenue Per Share
14.646
Quarterly Revenue Growth
(0.11)
The market value of Choice Hotels Intern is measured differently than its book value, which is the value of Choice that is recorded on the company's balance sheet. Investors also form their own opinion of Choice Hotels' value that differs from its market value or its book value, called intrinsic value, which is Choice Hotels' 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 Choice Hotels' market value can be influenced by many factors that don't directly affect Choice Hotels' 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 Choice Hotels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Choice Hotels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Choice Hotels' 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.