Xenia Hotels & Resorts Inc (XHR)
Xenia Hotels & Resorts, Inc. is a self-managed, self-managed REIT investing in upscale and luxury hotels and resorts in a unique position, with a focus on the top 25 US lodging markets, as well as destinations. key leisure in the United States. .
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 49.93% per annum.
- XHR price at the close of July 26, 2024 was $14.29 and was lower than the bottom border of the primary price channel by $0.65 (4.33%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 18.12% per annum.
- XHR price at the close of July 26, 2024 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 XHR 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: August 2, 2023
End date: May 21, 2024
a = 0.7616
b = 0.0011
s = 0.0408
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0011) – 1
= 49.93%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0408) – 1
= 17.72%
August 2, 2023 calculations
Top border of price channel:
Exp(Y1,010)
= Exp(a + b × X1,010 + 2 × s)
= Exp(a + b × 1,465 + 2 × s)
= Exp(0.7616 + 0.0011 × 1,465 + 2 × 0.0408)
= Exp(2.4686)
= $11.81
Bottom border of price channel:
Exp(Y1,010)
= Exp(a + b × X1,010 – 2 × s)
= Exp(a + b × 1,465 – 2 × s)
= Exp(0.7616 + 0.0011 × 1,465 – 2 × 0.0408)
= Exp(2.3055)
= $10.03
May 21, 2024 calculations
Top border of price channel:
Exp(Y1,212)
= Exp(a + b × X1,212 + 2 × s)
= Exp(a + b × 1,758 + 2 × s)
= Exp(0.7616 + 0.0011 × 1,758 + 2 × 0.0408)
= Exp(2.7937)
= $16.34
Bottom border of price channel:
Exp(Y1,212)
= Exp(a + b × X1,212 – 2 × s)
= Exp(a + b × 1,758 – 2 × s)
= Exp(0.7616 + 0.0011 × 1,758 – 2 × 0.0408)
= Exp(2.6306)
= $13.88
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 49.93% per annum.
- XHR price at the close of July 26, 2024 was $14.29 and was lower than the bottom border of the primary price channel by $0.65 (4.33%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: February 29, 2024
End date: July 12, 2024
a = 3.6244
b = -0.0005
s = 0.0202
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0005) – 1
= -18.12%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0202) – 1
= 8.43%
February 29, 2024 calculations
Top border of price channel:
Exp(Y1,155)
= Exp(a + b × X1,155 + 2 × s)
= Exp(a + b × 1,676 + 2 × s)
= Exp(3.6244 + -0.0005 × 1,676 + 2 × 0.0202)
= Exp(2.7471)
= $15.60
Bottom border of price channel:
Exp(Y1,155)
= Exp(a + b × X1,155 – 2 × s)
= Exp(a + b × 1,676 – 2 × s)
= Exp(3.6244 + -0.0005 × 1,676 – 2 × 0.0202)
= Exp(2.6662)
= $14.38
July 12, 2024 calculations
Top border of price channel:
Exp(Y1,247)
= Exp(a + b × X1,247 + 2 × s)
= Exp(a + b × 1,810 + 2 × s)
= Exp(3.6244 + -0.0005 × 1,810 + 2 × 0.0202)
= Exp(2.6737)
= $14.49
Bottom border of price channel:
Exp(Y1,247)
= Exp(a + b × X1,247 – 2 × s)
= Exp(a + b × 1,810 – 2 × s)
= Exp(3.6244 + -0.0005 × 1,810 – 2 × 0.0202)
= Exp(2.5928)
= $13.37
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 18.12% per annum.
- XHR price at the close of July 26, 2024 was inside the secondary price channel.