Summit Hotel Properties Stock Price Prediction
| INN Stock | USD 6.23 0.15 2.47% |
Oversold Vs Overbought
49
Oversold | Overbought |
Quarterly Earnings Growth (0.79) | EPS Estimate Next Quarter (0.10) | EPS Estimate Current Year 0.14 | EPS Estimate Next Year (0.15) | Wall Street Target Price 7.5 |
Using Summit Hotel hype-based prediction, you can estimate the value of Summit Hotel Properties from the perspective of Summit Hotel response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Summit Hotel to buy its stock at a price that has no basis in reality. In that case, they are not buying Summit because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Summit Hotel after-hype prediction price | USD 6.22 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Summit |
Summit Hotel After-Hype Price Prediction Density Analysis
As far as predicting the price of Summit Hotel at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Summit Hotel or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Summit Hotel, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Summit Hotel Estimiated After-Hype Price Volatility
In the context of predicting Summit Hotel's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Summit Hotel's historical news coverage. Summit Hotel's after-hype downside and upside margins for the prediction period are 4.28 and 8.16, respectively. We have considered Summit Hotel's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Summit Hotel is somewhat reliable at this time. Analysis and calculation of next after-hype price of Summit Hotel Properties is based on 3 months time horizon.
Summit Hotel Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Summit Hotel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Summit Hotel backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Summit Hotel, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.11 | 1.96 | 0.01 | 0.00 | 8 Events / Month | 5 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
6.23 | 6.22 | 0.16 |
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Summit Hotel Hype Timeline
On the 22nd of November Summit Hotel Properties is traded for 6.23. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.0. Summit is estimated to decline in value after the next headline, with the price expected to drop to 6.22. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -0.16%, whereas the daily expected return is currently at -0.11%. The volatility of related hype on Summit Hotel is about 9.223372036854776E16%, with the expected price after the next announcement by competition of 6.23. About 94.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.72. Some equities with similar Price to Book (P/B) outperform the market in the long run. Summit Hotel Properties last dividend was issued on the 15th of November 2024. Considering the 90-day investment horizon the next estimated press release will be in about 8 days. Check out Summit Hotel Basic Forecasting Models to cross-verify your projections.Summit Hotel Related Hype Analysis
Having access to credible news sources related to Summit Hotel's direct competition is more important than ever and may enhance your ability to predict Summit Hotel's future price movements. Getting to know how Summit Hotel's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Summit Hotel may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| DRH | Diamondrock Hospitality | 0.08 | 4 per month | 1.23 | 0.03 | 2.25 | (2.27) | 9.19 | |
| RLJ-PA | RLJ Lodging Trust | 0.00 | 0 per month | 0.00 | (0.24) | 0.86 | (1.13) | 2.76 | |
| PEB | Pebblebrook Hotel Trust | 0.18 | 10 per month | 0.00 | (0.05) | 2.87 | (3.29) | 10.70 | |
| SHO | Sunstone Hotel Investors | (0.09) | 7 per month | 1.32 | (0.06) | 2.17 | (2.51) | 7.79 | |
| RLJ | RLJ Lodging Trust | 0.12 | 9 per month | 1.27 | 0.01 | 2.51 | (1.91) | 9.84 | |
| RHP | Ryman Hospitality Properties | (0.10) | 10 per month | 0.92 | 0.06 | 2.10 | (1.74) | 7.06 | |
| CLDT | Chatham Lodging Trust | (0.19) | 8 per month | 1.32 | 0.03 | 3.67 | (2.16) | 11.57 |
Summit Hotel Additional Predictive Modules
Most predictive techniques to examine Summit price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Summit using various technical indicators. When you analyze Summit charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Summit Hotel Predictive Indicators
The successful prediction of Summit Hotel stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Summit Hotel Properties, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Summit Hotel based on analysis of Summit Hotel hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Summit Hotel's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Summit Hotel's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0152 | 0.0374 | 0.0645 | 0.0592 | Price To Sales Ratio | 2.82 | 1.12 | 0.96 | 0.92 |
Story Coverage note for Summit Hotel
The number of cover stories for Summit Hotel depends on current market conditions and Summit Hotel's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Summit Hotel is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Summit Hotel's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Summit Hotel Short Properties
Summit Hotel's future price predictability will typically decrease when Summit Hotel's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Summit Hotel Properties often depends not only on the future outlook of the potential Summit Hotel's 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. Summit Hotel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 105.5 M | |
| Cash And Short Term Investments | 51.8 M |
Check out Summit Hotel Basic Forecasting Models to cross-verify your projections. You can also try the Stocks Directory module to find actively traded stocks across global markets.
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 Summit Hotel. If investors know Summit 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 Summit Hotel 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 (0.79) | Dividend Share 0.28 | Earnings Share 0.05 | Revenue Per Share 6.957 | Quarterly Revenue Growth (0.03) |
The market value of Summit Hotel Properties is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Hotel's value that differs from its market value or its book value, called intrinsic value, which is Summit Hotel'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 Summit Hotel's market value can be influenced by many factors that don't directly affect Summit Hotel'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 Summit Hotel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Hotel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Hotel'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.