Playa Hotels Resorts Stock Market Value
| PLYA Stock | USD 9.16 0.04 0.43% |
| Symbol | Playa |
Playa Hotels Resorts Price To Book Ratio
Is Playa Hotels' 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 Playa Hotels. If investors know Playa 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 Playa Hotels 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 (0.28) | Earnings Share 0.25 | Revenue Per Share 6.518 | Quarterly Revenue Growth 0.151 | Return On Assets 0.0536 |
The market value of Playa Hotels Resorts is measured differently than its book value, which is the value of Playa that is recorded on the company's balance sheet. Investors also form their own opinion of Playa Hotels' value that differs from its market value or its book value, called intrinsic value, which is Playa Hotels' 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 Playa Hotels' market value can be influenced by many factors that don't directly affect Playa Hotels' 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 Playa Hotels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Playa Hotels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Playa Hotels' 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.
Playa Hotels '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 Playa Hotels' 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 Playa Hotels.
| 10/27/2023 |
| 04/24/2024 |
If you would invest 0.00 in Playa Hotels on October 27, 2023 and sell it all today you would earn a total of 0.00 from holding Playa Hotels Resorts or generate 0.0% return on investment in Playa Hotels over 180 days. Playa Hotels is related to or competes with Golden Entertainment, Red Rock, Century Casinos, Studio City, Ballys Corp, Marriot Vacations, and Vail Resorts. Playa Hotels Resorts N.V., together with its subsidiaries, owns, develops, and operates resorts in prime beachfront loca... More
Playa Hotels 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 Playa Hotels' 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 Playa Hotels Resorts upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | 0.0837 | |||
| Maximum Drawdown | 6.06 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 2.61 |
Playa Hotels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Playa Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Playa Hotels' standard deviation. In reality, there are many statistical measures that can use Playa Hotels historical prices to predict the future Playa Hotels' volatility.| Risk Adjusted Performance | 0.1027 | |||
| Jensen Alpha | 0.0672 | |||
| Total Risk Alpha | 0.0155 | |||
| Sortino Ratio | 0.0913 | |||
| Treynor Ratio | 0.1301 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Playa Hotels' 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.
Playa Hotels Resorts Backtested Returns
We consider Playa Hotels not too volatile. Playa Hotels Resorts maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Playa Hotels Resorts, which you can use to evaluate the volatility of the company. Please check Playa Hotels' Semi Deviation of 1.01, coefficient of variation of 640.05, and Risk Adjusted Performance of 0.1027 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. Playa Hotels has a performance score of 10 on a scale of 0 to 100. The company holds a Beta of 1.5, which implies 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, Playa Hotels will likely underperform. Playa Hotels Resorts right now holds a risk of 1.29%. Please check Playa Hotels Resorts potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if Playa Hotels Resorts will be following its historical price patterns.
Auto-correlation | 0.80 |
Very good predictability
Playa Hotels Resorts has very good predictability. Overlapping area represents the amount of predictability between Playa Hotels time series from 27th of October 2023 to 25th of January 2024 and 25th of January 2024 to 24th 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 Playa Hotels Resorts price movement. The serial correlation of 0.8 indicates that around 80.0% of current Playa Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Playa Hotels Resorts lagged returns against current returns
Autocorrelation, which is Playa Hotels 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 Playa Hotels' stock expected returns. We can calculate the autocorrelation of Playa Hotels returns to help us make a trade decision. For example, suppose you find that Playa Hotels 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 |
Playa Hotels 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 Playa Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Playa Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Playa Hotels stock over time.
Current vs Lagged Prices |
| Timeline |
Playa Hotels Lagged Returns
When evaluating Playa Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Playa Hotels stock have on its future price. Playa Hotels 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, Playa Hotels autocorrelation shows the relationship between Playa Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in Playa Hotels Resorts.
Regressed Prices |
| Timeline |
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 Playa Hotels 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, Playa Hotels' short interest history, or implied volatility extrapolated from Playa Hotels options trading.
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Check out Playa Hotels Correlation, Playa Hotels Volatility and Playa Hotels Alpha and Beta module to complement your research on Playa Hotels. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Playa Stock analysis
When running Playa Hotels' price analysis, check to measure Playa Hotels' 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 Playa Hotels is operating at the current time. Most of Playa Hotels' value examination focuses on studying past and present price action to predict the probability of Playa Hotels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Playa Hotels' price. Additionally, you may evaluate how the addition of Playa Hotels to your portfolios can decrease your overall portfolio volatility.
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Playa Hotels 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.