Wyndham Hotels Stock Forecast - Naive Prediction
WH Stock | USD 96.39 1.69 1.78% |
The Naive Prediction forecasted value of Wyndham Hotels Resorts on the next trading day is expected to be 93.05 with a mean absolute deviation of 1.19 and the sum of the absolute errors of 73.49. Wyndham Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Wyndham Hotels' historical fundamentals, such as revenue growth or operating cash flow patterns.
Wyndham |
Wyndham Hotels Cash Forecast
Predicting cash flow or other financial metrics requires analysts to utilize a variety of statistical methods, techniques, and algorithms. These tools help uncover hidden patterns in the Wyndham Hotels' financial statements, enabling forecasts of their impact on future stock prices.
Cash | First Reported 2016-12-31 | Previous Quarter 70 M | Current Value 72 M | Quarterly Volatility 218.2 M |
Wyndham Hotels Naive Prediction Price Forecast For the 23rd of November
Given 90 days horizon, the Naive Prediction forecasted value of Wyndham Hotels Resorts on the next trading day is expected to be 93.05 with a mean absolute deviation of 1.19, mean absolute percentage error of 2.43, and the sum of the absolute errors of 73.49.Please note that although there have been many attempts to predict Wyndham Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Wyndham Hotels' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Wyndham Hotels Stock Forecast Pattern
Backtest Wyndham Hotels | Wyndham Hotels Price Prediction | Buy or Sell Advice |
Wyndham Hotels Forecasted Value
In the context of forecasting Wyndham Hotels' Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Wyndham Hotels' downside and upside margins for the forecasting period are 91.12 and 94.99, respectively. We have considered Wyndham Hotels' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Wyndham Hotels stock data series using in forecasting. Note that when a statistical model is used to represent Wyndham Hotels stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.AIC | Akaike Information Criteria | 120.8368 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 1.1853 |
MAPE | Mean absolute percentage error | 0.0138 |
SAE | Sum of the absolute errors | 73.4873 |
Predictive Modules for Wyndham Hotels
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wyndham Hotels Resorts. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Other Forecasting Options for Wyndham Hotels
For every potential investor in Wyndham, whether a beginner or expert, Wyndham Hotels' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Wyndham Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Wyndham. Basic forecasting techniques help filter out the noise by identifying Wyndham Hotels' price trends.Wyndham Hotels Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Wyndham Hotels stock to make a market-neutral strategy. Peer analysis of Wyndham Hotels could also be used in its relative valuation, which is a method of valuing Wyndham Hotels by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Wyndham Hotels Resorts Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Wyndham Hotels' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Wyndham Hotels' current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
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Volatility Indicators | ||
Volume Indicators |
Wyndham Hotels Market Strength Events
Market strength indicators help investors to evaluate how Wyndham Hotels stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wyndham Hotels shares will generate the highest return on investment. By undertsting and applying Wyndham Hotels stock market strength indicators, traders can identify Wyndham Hotels Resorts entry and exit signals to maximize returns.
Wyndham Hotels Risk Indicators
The analysis of Wyndham Hotels' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Wyndham Hotels' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wyndham stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 1.13 | |||
Semi Deviation | 0.8869 | |||
Standard Deviation | 1.91 | |||
Variance | 3.63 | |||
Downside Variance | 1.52 | |||
Semi Variance | 0.7866 | |||
Expected Short fall | (1.42) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Check out Historical Fundamental Analysis of Wyndham Hotels to cross-verify your projections. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Hotels, Resorts & Cruise Lines 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 Wyndham Hotels. If investors know Wyndham 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 Wyndham 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 0.066 | Dividend Share 1.49 | Earnings Share 3.16 | Revenue Per Share 17.164 | Quarterly Revenue Growth (0.01) |
The market value of Wyndham Hotels Resorts is measured differently than its book value, which is the value of Wyndham that is recorded on the company's balance sheet. Investors also form their own opinion of Wyndham Hotels' value that differs from its market value or its book value, called intrinsic value, which is Wyndham 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 Wyndham Hotels' market value can be influenced by many factors that don't directly affect Wyndham 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 Wyndham Hotels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wyndham Hotels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wyndham 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.