Park Hotels Backtesting

Park Hotels Resorts -- USA Stock  

USD 28.55  0.13  0.45%

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

Park Hotels 'What if' Analysis

February 23, 2018
No Change 0.00  0.0%
In 2 months and 2 days
April 24, 2018
If you would invest  0.00  in Park Hotels on February 23, 2018 and sell it all today you would earn a total of 0.00 from holding Park Hotels Resorts or generate 0.0% return on investment in Park Hotels over 60 days. Park Hotels is related to or competes with Hyatt Hotels, Biglari Holdings, La Quinta, Dunkin Brands, Diamond Resorts, and N/A. Park is a leading lodging REIT with a diverse portfolio of hotels and resorts with significant underlying real estate va...

Park Hotels Upside/Downside Indicators

Downside Deviation1.68
Information Ratio0.1726
Maximum Drawdown7.59
Value At Risk1.45
Potential Upside2.52

Park Hotels Market Premium Indicators

Risk Adjusted Performance0.2264
Jensen Alpha0.2093
Total Risk Alpha0.2744
Sortino Ratio0.1641
Treynor Ratio15.92

Park Hotels Resorts Backtested Returns

We consider Park Hotels not too volatile. Park Hotels Resorts maintains Sharpe Ratio (i.e. Efficiency) of 0.121 which implies Park Hotels Resorts had 0.121% of return per unit of risk over the last 2 months. 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 Park Hotels Resorts which you can use to evaluate future volatility of the company. Please check Park Hotels Resorts Coefficient Of Variation of 727.05, Semi Deviation of 1.34 and Risk Adjusted Performance of 0.2264 to confirm if risk estimate we provide are consistent with the epected return of 0.1958%. Park Hotels has performance score of 7 on a scale of 0 to 100. The organization holds Beta of -0.0132 which implies as returns on market increase, returns on owning Park Hotels are expected to decrease at a much smaller rate. During bear market, Park Hotels is likely to outperform the market.. Although it is extremely important to respect Park Hotels Resorts 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 Park Hotels Resorts technical indicators you can presently evaluate if the expected return of 0.1958% will be sustainable into the future. Park Hotels Resorts right now holds a risk of 1.6184%. Please check Park Hotels Resorts Information Ratio, Potential Upside as well as the relationship between Potential Upside and Kurtosis to decide if Park Hotels Resorts will be following its historical price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.15 

Insignificant predictability

Park Hotels Resorts has insignificant predictability. Overlapping area represents the amount of predictability between Park Hotels time series from February 23, 2018 to March 25, 2018 and March 25, 2018 to April 24, 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 Park Hotels Resorts price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Park Hotels price fluctuation can be explain by its past prices.
Correlation Coefficient 0.15
Spearman Rank Test 0.47
Price Variance 0.7
Lagged Price Variance 0.51

Park Hotels Resorts lagged returns against current returns

 Current and Lagged Values 

Park Hotels regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Park Hotels Lagged Returns

 Regressed Prices 

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Additionally take a look at Park Hotels Hype Analysis, Park Hotels Correlation, Park Hotels Valuation, Park Hotels Volatility as well as analyze Park Hotels Alpha and Beta and Park Hotels Performance. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.