La Quinta Backtesting

La Quinta Holdings Inc -- USA Stock  

USD 19.56  0.36  1.81%

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

La Quinta 'What if' Analysis

December 24, 2017
No Change 0.00  0.0%
In 31 days
January 23, 2018
If you would invest  0.00  in La Quinta on December 24, 2017 and sell it all today you would earn a total of 0.00 from holding La Quinta Holdings Inc or generate 0.0% return on investment in La Quinta over 30 days. La Quinta is related to or competes with Hyatt Hotels, Biglari Holdings, Park Hotels, and Dunkin Brands. As of February 24, 2016, La Quinta Holdings Inc had approximately 880 hotels with approximately 87, 400 rooms under the ...

La Quinta Upside/Downside Indicators


La Quinta Market Premium Indicators

La Quinta Holdings lagged returns against current returns

 Current and Lagged Values 

La Quinta regressed lagged prices vs. current prices

 Current vs Lagged Prices 

La Quinta Holdings Backtested Returns

Macroaxis considers La Quinta not very risky given 1 month investment horizon. La Quinta Holdings retains Efficiency (Sharpe Ratio) of 0.2449 which conveys that La Quinta Holdings had 0.2449% of return per unit of price deviation over the last 1 month. Our approach 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-one technical indicators for La Quinta which you can use to evaluate future volatility of the firm. Please exercise La Quinta Holdings Inc Standard Deviation of 1.6, Market Risk Adjusted Performance of (4.69) and Mean Deviation of 0.9886 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100 La Quinta holds performance score of 16. The company owns Beta (Systematic Risk) of -0.0751 which conveys that as returns on market increase, returns on owning La Quinta are expected to decrease at a much smaller rate. During bear market, La Quinta is likely to outperform the market.. Although it is vital to follow to La Quinta Holdings existing price patterns, it is good to be conservative about what you can actually do with the information regarding equity price patterns. The approach 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 reviewing La Quinta Holdings technical indicators you can at this time evaluate if the expected return of 0.4151% will be sustainable into the future. Please exercises La Quinta Holdings Inc Standard Deviation as well as the relationship between Maximum Drawdown and Expected Short fall to make a quick decision on weather La Quinta Holdings current price history will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.74) 

Almost perfect reverse predictability

La Quinta Holdings Inc has almost perfect reverse predictability. Overlapping area represents the amount of predictability between La Quinta time series from December 24, 2017 to January 8, 2018 and January 8, 2018 to January 23, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of La Quinta Holdings price movement. The serial correlation of -0.74 indicates that around 74.0% of current La Quinta price fluctuation can be explain by its past prices. Given that La Quinta Holdings Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of La Quinta for similar time interval.
Correlation Coefficient -0.74
Spearman Rank Test -0.47
Price Variance 0.62
Lagged Price Variance 0.03

La Quinta Lagged Returns

 Regressed Prices 

La Quinta Performance vs DOW

The median price of La Quinta for the period between Sun, Dec 24, 2017 and Tue, Jan 23, 2018 is 18.44 with a coefficient of variation of 3.73. The daily time series for the period is distributed with a sample standard deviation of 0.7, arithmetic mean of 18.66, and mean deviation of 0.55. The Stock received some media coverage during the period.
Price Growth (%)  
Two sizzlers stock are not to be missed La Quinta Holdings I...01/23/2018