Playa Hotels Resorts Stock Probability of Future Stock Price Finishing Under 9.48
| PLYA Stock | USD 9.72 0.14 1.46% |
Playa |
Playa Hotels Target Price Odds to finish below 9.48
The tendency of Playa Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 9.48 or more in 90 days |
| 9.72 | 90 days | 9.48 | more than 94.0 |
Based on a normal probability distribution, the odds of Playa Hotels to drop to $ 9.48 or more in 90 days from now is more than 94.0 (This Playa Hotels Resorts probability density function shows the probability of Playa Stock to fall within a particular range of prices over 90 days) . Probability of Playa Hotels Resorts price to stay between $ 9.48 and its current price of $9.72 at the end of the 90-day period is under 4.
Given the investment horizon of 90 days the stock has the beta coefficient of 1.23 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Playa Hotels will likely underperform. Additionally Playa Hotels Resorts has an alpha of 0.2419, implying that it can generate a 0.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Playa Hotels Price Density |
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Predictive Modules for Playa 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 Playa 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.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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Playa Hotels is not an exception. The market had few large corrections towards the Playa Hotels' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Playa Hotels Resorts, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Playa Hotels within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | 1.23 | |
σ | Overall volatility | 0.73 | |
Ir | Information ratio | 0.15 |
Playa Hotels Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Playa Hotels for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Playa Hotels Resorts can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Playa Hotels Resorts is unlikely to experience financial distress in the next 2 years | |
| Playa Hotels Resorts has a strong financial position based on the latest SEC filings | |
| Over 81.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Reflecting On Travel and Vacation Providers Stocks Q3 Earnings Carnival |
Playa Hotels Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Playa Stock often depends not only on the future outlook of the current and potential Playa Hotels' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Playa Hotels' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 150.3 M | |
| Cash And Short Term Investments | 272.5 M |
Playa Hotels Technical Analysis
Playa Hotels' future price can be derived by breaking down and analyzing its technical indicators over time. Playa Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Playa Hotels Resorts. In general, you should focus on analyzing Playa Stock price patterns and their correlations with different microeconomic environments and drivers.
Playa Hotels Predictive Forecast Models
Playa Hotels' time-series forecasting models is one of many Playa Hotels' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Playa Hotels' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Playa Hotels Resorts
Checking the ongoing alerts about Playa Hotels for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Playa Hotels Resorts help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Playa Hotels Resorts is unlikely to experience financial distress in the next 2 years | |
| Playa Hotels Resorts has a strong financial position based on the latest SEC filings | |
| Over 81.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Reflecting On Travel and Vacation Providers Stocks Q3 Earnings Carnival |
Check out Playa Hotels Backtesting, Playa Hotels Valuation, Playa Hotels Correlation, Playa Hotels Hype Analysis, Playa Hotels Volatility, Playa Hotels History as well as Playa Hotels Performance. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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 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 (0.23) | Earnings Share 0.5 | Revenue Per Share 7.105 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0517 |
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.