Rlj Lodging Trust Stock Market Value
| RLJ Stock | USD 10.21 0.07 0.69% |
| Symbol | RLJ |
RLJ Lodging Trust Price To Book Ratio
Is Hotel & Resort REITs space 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 RLJ Lodging. If investors know RLJ 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 RLJ Lodging 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 0.5 | Dividend Share 0.45 | Earnings Share 0.29 | Revenue Per Share 8.871 | Quarterly Revenue Growth 0.034 |
The market value of RLJ Lodging Trust is measured differently than its book value, which is the value of RLJ that is recorded on the company's balance sheet. Investors also form their own opinion of RLJ Lodging's value that differs from its market value or its book value, called intrinsic value, which is RLJ Lodging'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 RLJ Lodging's market value can be influenced by many factors that don't directly affect RLJ Lodging'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 RLJ Lodging's value and its price as these two are different measures arrived at by different means. Investors typically determine if RLJ Lodging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RLJ Lodging'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.
RLJ Lodging '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 RLJ Lodging'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 RLJ Lodging.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in RLJ Lodging on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding RLJ Lodging Trust or generate 0.0% return on investment in RLJ Lodging over 540 days. RLJ Lodging is related to or competes with Sunstone Hotel, Pebblebrook Hotel, Summit Hotel, Ryman Hospitality, Diamondrock Hospitality, Chatham Lodging, and Xenia Hotels. RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, h... More
RLJ Lodging 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 RLJ Lodging'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 RLJ Lodging Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.37 | |||
| Information Ratio | 0.0214 | |||
| Maximum Drawdown | 9.84 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 2.42 |
RLJ Lodging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RLJ Lodging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RLJ Lodging's standard deviation. In reality, there are many statistical measures that can use RLJ Lodging historical prices to predict the future RLJ Lodging's volatility.| Risk Adjusted Performance | 0.0862 | |||
| Jensen Alpha | 0.0228 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0255 | |||
| Treynor Ratio | 0.1484 |
RLJ Lodging Trust Backtested Returns
RLJ Lodging is not too volatile at the moment. RLJ Lodging Trust maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the firm had a 0.1% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for RLJ Lodging Trust, which you can use to evaluate the volatility of the company. Please check RLJ Lodging's risk adjusted performance of 0.0862, and Semi Deviation of 1.21 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. RLJ Lodging has a performance score of 8 on a scale of 0 to 100. The company holds a Beta of 1.09, which implies a somewhat significant risk relative to the market. RLJ Lodging returns are very sensitive to returns on the market. As the market goes up or down, RLJ Lodging is expected to follow. RLJ Lodging Trust currently holds a risk of 1.66%. Please check RLJ Lodging Trust semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if RLJ Lodging Trust will be following its historical price patterns.
Auto-correlation | -0.35 |
Poor reverse predictability
RLJ Lodging Trust has poor reverse predictability. Overlapping area represents the amount of predictability between RLJ Lodging time series from 9th of June 2023 to 5th of March 2024 and 5th of March 2024 to 30th of November 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 RLJ Lodging Trust price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current RLJ Lodging price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.75 |
RLJ Lodging Trust lagged returns against current returns
Autocorrelation, which is RLJ Lodging 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 RLJ Lodging's stock expected returns. We can calculate the autocorrelation of RLJ Lodging returns to help us make a trade decision. For example, suppose you find that RLJ Lodging 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 |
RLJ Lodging 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 RLJ Lodging stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RLJ Lodging stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RLJ Lodging stock over time.
Current vs Lagged Prices |
| Timeline |
RLJ Lodging Lagged Returns
When evaluating RLJ Lodging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RLJ Lodging stock have on its future price. RLJ Lodging 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, RLJ Lodging autocorrelation shows the relationship between RLJ Lodging stock current value and its past values and can show if there is a momentum factor associated with investing in RLJ Lodging Trust.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out RLJ Lodging Correlation, RLJ Lodging Volatility and RLJ Lodging Alpha and Beta module to complement your research on RLJ Lodging. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
RLJ Lodging 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.