Aggregated price index with volume information
Summary:
- Hotels (except Casino Hotels) and Motels stocks up 0.2% on average while median return up 0.3% in a day
- Hotels (except Casino Hotels) and Motels stocks up 2.5% on average while median return up 2.1% in a week
- Hotels (except Casino Hotels) and Motels stocks down 1.6% on average while median return down 1.0% in a month
- When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.
Aggregated price index (close) is based on equal weighted constituencies returns. Average short volume and average total volumes are averaged across all volume data among constituencies.
- 1M winners are : Winners for past month are $BALY 26.2%, $WH 2.9%
- 1M losers are : Losers for past month are $PK -2.6%, $HLT -3.0%, $HGV -14.6%
- 1W winners are : Winners for past week are $HGV 5.9%, $MTN 3.5%, $HLT 3.0%
- 1W losers are : Losers for past week are
Correlation Analysis
Index correlation analysis
Correlation for the past month is 48.7%, for the past 3 months is 43.4%
In the past month for a 5 days rolling window, the highest corrrelation is 87.1%, the lowest correlation is 11.5%, the latest correlation is 70.6%
When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.
Among pairwise correlation, the highest correlation is 80.3% between BALY and WH
The lowest correlation is 1.6% between BALY and HLT
Wyndham (WH) expands in South Korea with the launch of its first Trademark Collection hotel, addressing the growing demand for business and leisure travel.
The 330,000m² resort features a nine-hole golf course, a fitness centre and dining facilities.
Hilton Grand Vacations Inc.'s ( NYSE:HGV ) earnings announcement last week didn't impress shareholders. However, our...
Wyndham Hotels & Resorts, Inc. (NYSE: WH) announced today its Board of Directors declared a quarterly cash dividend of $0.38 per share on its common stock, payable September 27, 2024 to shareholders of record as of September 13, 2024.
Wyndham Hotels & Resorts officially introduced its Trademark Collection brand to South Korea with the opening of La Vie D'or Hotel and Resort, Trademark Collection by Wyndham. The new hotel elevates the Company's presence in South Korea to over 30 hotels and joins nearly 20 Trademark hotels across Asia Pacific.
Looking back on hotels, resorts and cruise lines stocks’ Q2 earnings, we examine this quarter’s best and worst performers, including Hilton Grand Vacations (NYSE:HGV) and its peers.
Whistler Blackcomb is set to open its dual mountains to skiers and riders on Friday, November 22 for the 2024/25 winter season, conditions permitting. The resort is looking forward to delivering another season of unparalleled mountain adventure to guests from the Sea to Ski Corridor, Lower Mainland, across Canada and around the world. Guests planning to visit Whistler Blackcomb can lock in the best deals and experiences by purchasing the Pass that works best for them – from single day to season-
The best time to plan for winter is now, and your checklist to prepare for the ski and ride season is here. Skiers and riders who start planning now will lock in the best deals and experiences when visiting iconic mountain resorts like Vail Mountain, Breckenridge, Park City Mountain, Whistler Blackcomb and more.
Q2 2024 Sotherly Hotels Inc Earnings Call
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