Park Hotels Backtesting

Park Hotels Resorts Inc -- USA Stock  

USD 29.27  0.09  0.31%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Park Hotels Resorts Inc 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

December 21, 2017
No Change 0.00  0.0%
In 30 days
January 20, 2018
If you would invest  0.00  in Park Hotels on December 21, 2017 and sell it all today you would earn a total of 0.00 from holding Park Hotels Resorts Inc or generate 0.0% return on investment in Park Hotels over 30 days. Park Hotels is related to or competes with Hyatt Hotels, Biglari Holdings, La Quinta, Dunkin Brands. Park Hotels is entity of United States. It is traded as Stock on NYSE exchange.

Park Hotels Upside/Downside Indicators


Park Hotels Market Premium Indicators

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 Resorts Backtested Returns

We consider Park Hotels not too risky. Park Hotels Resorts maintains Sharpe Ratio (i.e. Efficiency) of 0.0381 which implies Park Hotels Resorts had 0.0381% 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 Park Hotels Resorts which you can use to evaluate future volatility of the company. Please check Park Hotels Resorts Coefficient Of Variation of (2,128) and Risk Adjusted Performance of (0.017141) to confirm if risk estimate we provide are consistent with the epected return of 0.0256%. Park Hotels has performance score of 2 on a scale of 0 to 100. The organization holds Beta of -0.7928 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 0.0256% will be sustainable into the future. Park Hotels Resorts right now holds a risk of 0.6724%. 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(0.68) 

Very good reverse predictability

Park Hotels Resorts Inc has very good reverse predictability. Overlapping area represents the amount of predictability between Park Hotels time series from December 21, 2017 to January 5, 2018 and January 5, 2018 to January 20, 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 -0.68 indicates that around 68.0% of current Park Hotels price fluctuation can be explain by its past prices. Given that Park Hotels Resorts Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Park Hotels for similar time interval.
Correlation Coefficient -0.68
Spearman Rank Test -0.76
Price Variance 0.04
Lagged Price Variance 0.05

Park Hotels Lagged Returns

 Regressed Prices 

Park Hotels Performance vs DOW

The median price of Park Hotels for the period between Thu, Dec 21, 2017 and Sat, Jan 20, 2018 is 28.95 with a coefficient of variation of 0.78. The daily time series for the period is distributed with a sample standard deviation of 0.23, arithmetic mean of 28.98, and mean deviation of 0.18. The Stock received some media coverage during the period.
December 28, 2017Park Hotels Dividend Paid
Price Growth (%)  
Park Hotels and Resorts Downgraded by Zacks Investment Resea...01/18/2018