Travel Leisure Co Stock Market Value
| TNL Stock | USD 44.30 1.42 3.11% |
| Symbol | Travel |
Travel Leisure Price To Book Ratio
Is Travel Leisure's 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 Travel Leisure. If investors know Travel 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 Travel Leisure 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 0.08 | Dividend Share 1.8 | Earnings Share 5.21 | Revenue Per Share 50.336 | Quarterly Revenue Growth 0.052 |
The market value of Travel Leisure is measured differently than its book value, which is the value of Travel that is recorded on the company's balance sheet. Investors also form their own opinion of Travel Leisure's value that differs from its market value or its book value, called intrinsic value, which is Travel Leisure's 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 Travel Leisure's market value can be influenced by many factors that don't directly affect Travel Leisure's 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 Travel Leisure's value and its price as these two are different measures arrived at by different means. Investors typically determine if Travel Leisure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Travel Leisure's 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.
Travel Leisure 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Travel Leisure's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Travel Leisure.
| 04/27/2022 |
| 04/16/2024 |
If you would invest 0.00 in Travel Leisure on April 27, 2022 and sell it all today you would earn a total of 0.00 from holding Travel Leisure Co or generate 0.0% return on investment in Travel Leisure over 720 days. Travel Leisure is related to or competes with Yatra Online, Despegar Corp, Mondee Holdings, MakeMyTrip, and TripAdvisor. Travel Leisure Co., together with its subsidiaries, provides hospitality services and products in the United States and ... More
Travel Leisure Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Travel Leisure's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Travel Leisure Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.71 | |||
| Information Ratio | 0.0743 | |||
| Maximum Drawdown | 9.69 | |||
| Value At Risk | (2.37) | |||
| Potential Upside | 2.89 |
Travel Leisure Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Travel Leisure's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Travel Leisure's standard deviation. In reality, there are many statistical measures that can use Travel Leisure historical prices to predict the future Travel Leisure's volatility.| Risk Adjusted Performance | 0.0754 | |||
| Jensen Alpha | 0.1117 | |||
| Total Risk Alpha | 0.0355 | |||
| Sortino Ratio | 0.0763 | |||
| Treynor Ratio | 0.135 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Travel Leisure's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Travel Leisure Backtested Returns
Travel Leisure appears to be very steady, given 3 months investment horizon. Travel Leisure owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Travel Leisure Co, which you can use to evaluate the volatility of the company. Please review Travel Leisure's Coefficient Of Variation of 909.4, semi deviation of 1.48, and Risk Adjusted Performance of 0.0754 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Travel Leisure holds a performance score of 11. The entity has a beta of 1.36, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Travel Leisure will likely underperform. Please check Travel Leisure's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Travel Leisure's existing price patterns will revert.
Auto-correlation | -0.07 |
Very weak reverse predictability
Travel Leisure Co has very weak reverse predictability. Overlapping area represents the amount of predictability between Travel Leisure time series from 27th of April 2022 to 22nd of April 2023 and 22nd of April 2023 to 16th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Travel Leisure price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Travel Leisure price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 14.8 |
Travel Leisure lagged returns against current returns
Autocorrelation, which is Travel Leisure stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Travel Leisure's stock expected returns. We can calculate the autocorrelation of Travel Leisure returns to help us make a trade decision. For example, suppose you find that Travel Leisure has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Travel Leisure regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Travel Leisure stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Travel Leisure stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Travel Leisure stock over time.
Current vs Lagged Prices |
| Timeline |
Travel Leisure Lagged Returns
When evaluating Travel Leisure's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Travel Leisure stock have on its future price. Travel Leisure autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Travel Leisure autocorrelation shows the relationship between Travel Leisure stock current value and its past values and can show if there is a momentum factor associated with investing in Travel Leisure Co.
Regressed Prices |
| Timeline |
Travel Leisure Investors Sentiment
The influence of Travel Leisure's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Travel. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Travel Leisure's public news can be used to forecast risks associated with an investment in Travel. The trend in average sentiment can be used to explain how an investor holding Travel can time the market purely based on public headlines and social activities around Travel Leisure Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Travel Leisure's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Travel Leisure's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Travel Leisure's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Travel Leisure.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Travel Leisure in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Travel Leisure's short interest history, or implied volatility extrapolated from Travel Leisure options trading.
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Check out Travel Leisure Correlation, Travel Leisure Volatility and Travel Leisure Alpha and Beta module to complement your research on Travel Leisure. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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When running Travel Leisure's price analysis, check to measure Travel Leisure's 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 Travel Leisure is operating at the current time. Most of Travel Leisure's value examination focuses on studying past and present price action to predict the probability of Travel Leisure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Travel Leisure's price. Additionally, you may evaluate how the addition of Travel Leisure to your portfolios can decrease your overall portfolio volatility.
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Travel Leisure technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.