Hilton Worldwide Holdings Inc (HLT)
Hilton Worldwide Holdings Inc., formerly Hilton Hotels Corporation, is an American multinational hospitality company that manages and franchises a broad portfolio of hotels and resorts.
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 44.23% per annum.
- HLT price at the close of November 20, 2024 was $250.14 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 97.48% per annum.
- HLT price at the close of November 20, 2024 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 HLT 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 13, 2023
End date: November 20, 2024
a = 3.6673
b = 0.0010
s = 0.0456
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0010) – 1
= 44.23%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0456) – 1
= 20.00%
March 13, 2023 calculations
Top border of price channel:
Exp(Y830)
= Exp(a + b × X830 + 2 × s)
= Exp(a + b × 1,208 + 2 × s)
= Exp(3.6673 + 0.0010 × 1,208 + 2 × 0.0456)
= Exp(4.9705)
= $144.10
Bottom border of price channel:
Exp(Y830)
= Exp(a + b × X830 – 2 × s)
= Exp(a + b × 1,208 – 2 × s)
= Exp(3.6673 + 0.0010 × 1,208 – 2 × 0.0456)
= Exp(4.7882)
= $120.09
November 20, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(3.6673 + 0.0010 × 1,826 + 2 × 0.0456)
= Exp(5.5906)
= $267.89
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(3.6673 + 0.0010 × 1,826 – 2 × 0.0456)
= Exp(5.4083)
= $223.24
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 44.23% per annum.
- HLT price at the close of November 20, 2024 was $250.14 and was inside the primary price channel.
Secondary Trend
Start date: August 2, 2024
End date: November 20, 2024
a = 2.1202
b = 0.0019
s = 0.0167
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0019) – 1
= 97.48%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0167) – 1
= 6.92%
August 2, 2024 calculations
Top border of price channel:
Exp(Y1,180)
= Exp(a + b × X1,180 + 2 × s)
= Exp(a + b × 1,716 + 2 × s)
= Exp(2.1202 + 0.0019 × 1,716 + 2 × 0.0167)
= Exp(5.3528)
= $211.19
Bottom border of price channel:
Exp(Y1,180)
= Exp(a + b × X1,180 – 2 × s)
= Exp(a + b × 1,716 – 2 × s)
= Exp(2.1202 + 0.0019 × 1,716 – 2 × 0.0167)
= Exp(5.2858)
= $197.51
November 20, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(2.1202 + 0.0019 × 1,826 + 2 × 0.0167)
= Exp(5.5578)
= $259.26
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(2.1202 + 0.0019 × 1,826 – 2 × 0.0167)
= Exp(5.4909)
= $242.47
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 97.48% per annum.
- HLT price at the close of November 20, 2024 was inside the secondary price channel.