Hyatt Hotels Corporation (H)
Hyatt Hotels Corporation is a hotel company in the United States and internationally. The company is headquartered in Chicago, Illinois.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 83.51% per annum.
- H price at the close of April 28, 2025 was $112.78 and was higher than the top border of the primary price channel by $1.47 (1.32%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 19.33% per annum.
- H price at the close of April 28, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of H price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: January 21, 2025
End date: April 23, 2025
a = 13.6455
b = -0.0049
s = 0.0391
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0049) – 1
= -83.51%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0391) – 1
= 16.94%
January 21, 2025 calculations
Top border of price channel:
Exp(Y1,188)
= Exp(a + b × X1,188 + 2 × s)
= Exp(a + b × 1,728 + 2 × s)
= Exp(13.6455 + -0.0049 × 1,728 + 2 × 0.0391)
= Exp(5.1913)
= $179.70
Bottom border of price channel:
Exp(Y1,188)
= Exp(a + b × X1,188 – 2 × s)
= Exp(a + b × 1,728 – 2 × s)
= Exp(13.6455 + -0.0049 × 1,728 – 2 × 0.0391)
= Exp(5.0348)
= $153.67
April 23, 2025 calculations
Top border of price channel:
Exp(Y1,252)
= Exp(a + b × X1,252 + 2 × s)
= Exp(a + b × 1,820 + 2 × s)
= Exp(13.6455 + -0.0049 × 1,820 + 2 × 0.0391)
= Exp(4.7370)
= $114.09
Bottom border of price channel:
Exp(Y1,252)
= Exp(a + b × X1,252 – 2 × s)
= Exp(a + b × 1,820 – 2 × s)
= Exp(13.6455 + -0.0049 × 1,820 – 2 × 0.0391)
= Exp(4.5805)
= $97.57
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 83.51% per annum.
- H price at the close of April 28, 2025 was $112.78 and was higher than the top border of the primary price channel by $1.47 (1.32%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: April 4, 2025
End date: April 28, 2025
a = 3.8182
b = 0.0005
s = 0.0372
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0005) – 1
= 19.33%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0372) – 1
= 16.05%
April 4, 2025 calculations
Top border of price channel:
Exp(Y1,240)
= Exp(a + b × X1,240 + 2 × s)
= Exp(a + b × 1,801 + 2 × s)
= Exp(3.8182 + 0.0005 × 1,801 + 2 × 0.0372)
= Exp(4.7646)
= $117.29
Bottom border of price channel:
Exp(Y1,240)
= Exp(a + b × X1,240 – 2 × s)
= Exp(a + b × 1,801 – 2 × s)
= Exp(3.8182 + 0.0005 × 1,801 – 2 × 0.0372)
= Exp(4.6158)
= $101.06
April 28, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(3.8182 + 0.0005 × 1,825 + 2 × 0.0372)
= Exp(4.7763)
= $118.66
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(3.8182 + 0.0005 × 1,825 – 2 × 0.0372)
= Exp(4.6274)
= $102.25
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 19.33% per annum.
- H price at the close of April 28, 2025 was inside the secondary price channel.