Wyndham Hotels & Resorts Inc (WH)
Wyndham Hotels & Resorts, Inc. is a global hotel franchisor. The company is headquartered in Parsippany, New Jersey.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 1.15% per annum.
- WH price at the close of April 28, 2025 was $86.39 and was higher than the top border of the primary price channel by $0.41 (0.47%).
- The secondary trend is increasing.
- The growth rate of the secondary trend is 15.11% per annum.
- WH price at the close of April 28, 2025 was inside the secondary price channel.
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 WH 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: March 8, 2021
End date: October 10, 2024
a = 4.2386
b = 0.0000
s = 0.0793
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0000) – 1
= 1.15%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0793) – 1
= 37.33%
March 8, 2021 calculations
Top border of price channel:
Exp(Y215)
= Exp(a + b × X215 + 2 × s)
= Exp(a + b × 313 + 2 × s)
= Exp(4.2386 + 0.0000 × 313 + 2 × 0.0793)
= Exp(4.4070)
= $82.02
Bottom border of price channel:
Exp(Y215)
= Exp(a + b × X215 – 2 × s)
= Exp(a + b × 313 – 2 × s)
= Exp(4.2386 + 0.0000 × 313 – 2 × 0.0793)
= Exp(4.0897)
= $59.72
October 10, 2024 calculations
Top border of price channel:
Exp(Y1,120)
= Exp(a + b × X1,120 + 2 × s)
= Exp(a + b × 1,625 + 2 × s)
= Exp(4.2386 + 0.0000 × 1,625 + 2 × 0.0793)
= Exp(4.4479)
= $85.45
Bottom border of price channel:
Exp(Y1,120)
= Exp(a + b × X1,120 – 2 × s)
= Exp(a + b × 1,625 – 2 × s)
= Exp(4.2386 + 0.0000 × 1,625 – 2 × 0.0793)
= Exp(4.1307)
= $62.22
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 1.15% per annum.
- WH price at the close of April 28, 2025 was $86.39 and was higher than the top border of the primary price channel by $0.41 (0.47%).
Secondary Trend
Start date: June 16, 2022
End date: April 3, 2025
a = 3.8119
b = 0.0004
s = 0.0848
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0004) – 1
= 15.11%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0848) – 1
= 40.39%
June 16, 2022 calculations
Top border of price channel:
Exp(Y538)
= Exp(a + b × X538 + 2 × s)
= Exp(a + b × 778 + 2 × s)
= Exp(3.8119 + 0.0004 × 778 + 2 × 0.0848)
= Exp(4.2814)
= $72.34
Bottom border of price channel:
Exp(Y538)
= Exp(a + b × X538 – 2 × s)
= Exp(a + b × 778 – 2 × s)
= Exp(3.8119 + 0.0004 × 778 – 2 × 0.0848)
= Exp(3.9422)
= $51.53
April 3, 2025 calculations
Top border of price channel:
Exp(Y1,239)
= Exp(a + b × X1,239 + 2 × s)
= Exp(a + b × 1,800 + 2 × s)
= Exp(3.8119 + 0.0004 × 1,800 + 2 × 0.0848)
= Exp(4.6753)
= $107.27
Bottom border of price channel:
Exp(Y1,239)
= Exp(a + b × X1,239 – 2 × s)
= Exp(a + b × 1,800 – 2 × s)
= Exp(3.8119 + 0.0004 × 1,800 – 2 × 0.0848)
= Exp(4.3361)
= $76.41
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 15.11% per annum.
- WH price at the close of April 28, 2025 was inside the secondary price channel.