Park Hotels Backtesting

PK -- USA Stock  

USD 29.43  0.14  0.48%

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.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Park Hotels 'What if' Analysis

September 23, 2018
0.00
No Change 0.00  0.0%
In 31 days
October 23, 2018
0.00
If you would invest  0.00  in Park Hotels on September 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 30 days. Park Hotels is related to or competes with Four Corners, Ashford Hospitality, Braemar Hotels, DiamondRock Hospitality, Hospitality Properties, and Host Hotels. 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

Information Ratio0.20
Maximum Drawdown4.84
Value At Risk2.81
Potential Upside1.33
  

Park Hotels Market Premium Indicators

Risk Adjusted Performance0.37
Jensen Alpha0.46
Total Risk Alpha0.23
Treynor Ratio1.39

Park Hotels Resorts Backtested Returns

Macroaxis considers Park Hotels to be not too volatile. Park Hotels Resorts maintains Sharpe Ratio (i.e. Efficiency) of -0.3583 which implies Park Hotels Resorts had -0.3583% of return per unit of risk over the last 1 month. Macroaxis philosophy towards forecasting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Park Hotels Resorts exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Park Hotels Resorts Coefficient Of Variation of 289.86 and Risk Adjusted Performance of 0.37 to confirm risk estimate we provide. Macroaxis gives Park Hotels performance score of 0 on a scale of 0 to 100. The organization holds Beta of -0.2941 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.. Even though it is essential to pay attention to Park Hotels Resorts current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis philosophy towards forecasting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Park Hotels Resorts exposes twenty-one different technical indicators which can help you to evaluate its performance. Park Hotels Resorts has expected return of -0.4175%. Please be advised to check Park Hotels Resorts Information Ratio, Potential Upside as well as the relationship between Potential Upside and Kurtosis to decide if Park Hotels Resorts past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.47 

Average predictability

Park Hotels Resorts has average predictability. Overlapping area represents the amount of predictability between Park Hotels time series from September 23, 2018 to October 8, 2018 and October 8, 2018 to October 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 Park Hotels Resorts price movement. The serial correlation of 0.47 indicates that about 47.0% of current Park Hotels price fluctuation can be explain by its past prices.
Correlation Coefficient0.47
Spearman Rank Test0.24
Residual Average0.0
Price Variance0.37

Park Hotels Resorts lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Park Hotels regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Park Hotels Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - PK

Park Hotels Resorts Investor Sentiment

Larger part of Macroaxis users are at this time bullish on Park Hotels Resorts. What is your perspective on investing in Park Hotels Resorts? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.
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