Ryman Hospitality Properties Stock Market Value
| RHP Stock | USD 117.35 1.64 1.42% |
| Symbol | Ryman |
Ryman Hospitality 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 Ryman Hospitality. If investors know Ryman 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 Ryman Hospitality 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 0.475 | Dividend Share 4.4 | Earnings Share 5.9 | Revenue Per Share 39.046 | Quarterly Revenue Growth 0.066 |
The market value of Ryman Hospitality is measured differently than its book value, which is the value of Ryman that is recorded on the company's balance sheet. Investors also form their own opinion of Ryman Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Ryman Hospitality'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 Ryman Hospitality's market value can be influenced by many factors that don't directly affect Ryman Hospitality'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 Ryman Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ryman Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ryman Hospitality'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.
Ryman Hospitality '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 Ryman Hospitality'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 Ryman Hospitality.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Ryman Hospitality on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Ryman Hospitality Properties or generate 0.0% return on investment in Ryman Hospitality over 180 days. Ryman Hospitality is related to or competes with RLJ Lodging, Pebblebrook Hotel, Xenia Hotels, Sunstone Hotel, and Summit Hotel. is a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts ... More
Ryman Hospitality 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 Ryman Hospitality'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 Ryman Hospitality Properties upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.12 | |||
| Information Ratio | 0.0532 | |||
| Maximum Drawdown | 7.06 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 1.94 |
Ryman Hospitality Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ryman Hospitality's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ryman Hospitality's standard deviation. In reality, there are many statistical measures that can use Ryman Hospitality historical prices to predict the future Ryman Hospitality's volatility.| Risk Adjusted Performance | 0.1147 | |||
| Jensen Alpha | 0.0606 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0673 | |||
| Treynor Ratio | 0.1726 |
Ryman Hospitality Backtested Returns
Ryman Hospitality appears to be very steady, given 3 months investment horizon. Ryman Hospitality maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ryman Hospitality, which you can use to evaluate the volatility of the company. Please evaluate Ryman Hospitality's Semi Deviation of 0.91, risk adjusted performance of 0.1147, and Coefficient Of Variation of 693.88 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ryman Hospitality holds a performance score of 12. The company holds a Beta of 1.12, which implies a somewhat significant risk relative to the market. Ryman Hospitality returns are very sensitive to returns on the market. As the market goes up or down, Ryman Hospitality is expected to follow. Please check Ryman Hospitality's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Ryman Hospitality's historical price patterns will revert.
Auto-correlation | 0.17 |
Very weak predictability
Ryman Hospitality Properties has very weak predictability. Overlapping area represents the amount of predictability between Ryman Hospitality time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th 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 Ryman Hospitality price movement. The serial correlation of 0.17 indicates that over 17.0% of current Ryman Hospitality price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 23.88 |
Ryman Hospitality lagged returns against current returns
Autocorrelation, which is Ryman Hospitality 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 Ryman Hospitality's stock expected returns. We can calculate the autocorrelation of Ryman Hospitality returns to help us make a trade decision. For example, suppose you find that Ryman Hospitality 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 |
Ryman Hospitality 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 Ryman Hospitality stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ryman Hospitality stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ryman Hospitality stock over time.
Current vs Lagged Prices |
| Timeline |
Ryman Hospitality Lagged Returns
When evaluating Ryman Hospitality's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ryman Hospitality stock have on its future price. Ryman Hospitality 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, Ryman Hospitality autocorrelation shows the relationship between Ryman Hospitality stock current value and its past values and can show if there is a momentum factor associated with investing in Ryman Hospitality Properties.
Regressed Prices |
| Timeline |
Pair Trading with Ryman Hospitality
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ryman Hospitality position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ryman Hospitality will appreciate offsetting losses from the drop in the long position's value.Moving together with Ryman Stock
Moving against Ryman Stock
| 0.69 | NTST | Netstreit Corp | PairCorr |
| 0.65 | HPP | Hudson Pacific Properties Buyout Trend | PairCorr |
| 0.51 | NNN | National Retail Prop | PairCorr |
| 0.48 | O | Realty Income | PairCorr |
| 0.34 | BNL | Broadstone Net Lease | PairCorr |
The ability to find closely correlated positions to Ryman Hospitality could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ryman Hospitality when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ryman Hospitality - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ryman Hospitality Properties to buy it.
The correlation of Ryman Hospitality is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ryman Hospitality moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ryman Hospitality moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ryman Hospitality can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Ryman Stock Analysis
When running Ryman Hospitality's price analysis, check to measure Ryman Hospitality'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 Ryman Hospitality is operating at the current time. Most of Ryman Hospitality's value examination focuses on studying past and present price action to predict the probability of Ryman Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ryman Hospitality's price. Additionally, you may evaluate how the addition of Ryman Hospitality to your portfolios can decrease your overall portfolio volatility.