Tripadvisor Stock Market Value
| TRIP Stock | USD 13.87 0.42 3.12% |
| Symbol | TripAdvisor |
TripAdvisor Price To Book Ratio
Is Interactive Media & Services 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 TripAdvisor. If investors know TripAdvisor 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 TripAdvisor 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 0.421 | Earnings Share 0.26 | Revenue Per Share 13.081 | Quarterly Revenue Growth (0) | Return On Assets 0.0303 |
The market value of TripAdvisor is measured differently than its book value, which is the value of TripAdvisor that is recorded on the company's balance sheet. Investors also form their own opinion of TripAdvisor's value that differs from its market value or its book value, called intrinsic value, which is TripAdvisor'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 TripAdvisor's market value can be influenced by many factors that don't directly affect TripAdvisor'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 TripAdvisor's value and its price as these two are different measures arrived at by different means. Investors typically determine if TripAdvisor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TripAdvisor'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.
TripAdvisor '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 TripAdvisor'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 TripAdvisor.
| 09/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in TripAdvisor on September 26, 2024 and sell it all today you would earn a total of 0.00 from holding TripAdvisor or generate 0.0% return on investment in TripAdvisor over 60 days. TripAdvisor is related to or competes with Booking Holdings, Airbnb, Royal Caribbean, Norwegian Cruise, MakeMyTrip, Tuniu Corp, and Despegar Corp. It operates in two segments, Hotels, Media Platform and Experiences Dining More
TripAdvisor 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 TripAdvisor'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 TripAdvisor upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.3 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 16.78 | |||
| Value At Risk | (4.39) | |||
| Potential Upside | 3.12 |
TripAdvisor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TripAdvisor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TripAdvisor's standard deviation. In reality, there are many statistical measures that can use TripAdvisor historical prices to predict the future TripAdvisor's volatility.| Risk Adjusted Performance | 0.0087 | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0) |
TripAdvisor Backtested Returns
TripAdvisor owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0187, which indicates the firm had a -0.0187% return per unit of risk over the last 3 months. TripAdvisor exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TripAdvisor's Coefficient Of Variation of 44173.31, risk adjusted performance of 0.0087, and Semi Deviation of 3.18 to confirm the risk estimate we provide. The entity has a beta of 1.69, which indicates 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, TripAdvisor will likely underperform. At this point, TripAdvisor has a negative expected return of -0.0474%. Please make sure to validate TripAdvisor's semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if TripAdvisor performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.8 |
Almost perfect reverse predictability
TripAdvisor has almost perfect reverse predictability. Overlapping area represents the amount of predictability between TripAdvisor time series from 26th of September 2024 to 26th of October 2024 and 26th of October 2024 to 25th 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 TripAdvisor price movement. The serial correlation of -0.8 indicates that around 80.0% of current TripAdvisor price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.8 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 1.4 |
TripAdvisor lagged returns against current returns
Autocorrelation, which is TripAdvisor 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 TripAdvisor's stock expected returns. We can calculate the autocorrelation of TripAdvisor returns to help us make a trade decision. For example, suppose you find that TripAdvisor 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 |
TripAdvisor 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 TripAdvisor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TripAdvisor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TripAdvisor stock over time.
Current vs Lagged Prices |
| Timeline |
TripAdvisor Lagged Returns
When evaluating TripAdvisor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TripAdvisor stock have on its future price. TripAdvisor 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, TripAdvisor autocorrelation shows the relationship between TripAdvisor stock current value and its past values and can show if there is a momentum factor associated with investing in TripAdvisor.
Regressed Prices |
| Timeline |
Pair Trading with TripAdvisor
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 TripAdvisor 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 TripAdvisor will appreciate offsetting losses from the drop in the long position's value.Moving together with TripAdvisor Stock
Moving against TripAdvisor Stock
| 0.43 | ADV | Advantage Solutions | PairCorr |
| 0.41 | AMC | AMC Entertainment Aggressive Push | PairCorr |
| 0.34 | ADD | Color Star Technology | PairCorr |
The ability to find closely correlated positions to TripAdvisor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TripAdvisor 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 TripAdvisor - 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 TripAdvisor to buy it.
The correlation of TripAdvisor 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 TripAdvisor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TripAdvisor 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 TripAdvisor 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 TripAdvisor Stock Analysis
When running TripAdvisor's price analysis, check to measure TripAdvisor'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 TripAdvisor is operating at the current time. Most of TripAdvisor's value examination focuses on studying past and present price action to predict the probability of TripAdvisor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TripAdvisor's price. Additionally, you may evaluate how the addition of TripAdvisor to your portfolios can decrease your overall portfolio volatility.