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 80.49% per annum.
- WH price at the close of April 2, 2025 was $92.25 and was lower than the bottom border of the primary price channel by $10.69 (10.39%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 80.64% per annum.
- WH price at the close of April 2, 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 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: April 12, 2024
End date: March 5, 2025
a = 1.7819
b = 0.0016
s = 0.0501
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0016) – 1
= 80.49%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0501) – 1
= 22.21%
April 12, 2024 calculations
Top border of price channel:
Exp(Y1,012)
= Exp(a + b × X1,012 + 2 × s)
= Exp(a + b × 1,470 + 2 × s)
= Exp(1.7819 + 0.0016 × 1,470 + 2 × 0.0501)
= Exp(4.2604)
= $70.84
Bottom border of price channel:
Exp(Y1,012)
= Exp(a + b × X1,012 – 2 × s)
= Exp(a + b × 1,470 – 2 × s)
= Exp(1.7819 + 0.0016 × 1,470 – 2 × 0.0501)
= Exp(4.0599)
= $57.97
March 5, 2025 calculations
Top border of price channel:
Exp(Y1,235)
= Exp(a + b × X1,235 + 2 × s)
= Exp(a + b × 1,797 + 2 × s)
= Exp(1.7819 + 0.0016 × 1,797 + 2 × 0.0501)
= Exp(4.7894)
= $120.23
Bottom border of price channel:
Exp(Y1,235)
= Exp(a + b × X1,235 – 2 × s)
= Exp(a + b × 1,797 – 2 × s)
= Exp(1.7819 + 0.0016 × 1,797 – 2 × 0.0501)
= Exp(4.5889)
= $98.38
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 80.49% per annum.
- WH price at the close of April 2, 2025 was $92.25 and was lower than the bottom border of the primary price channel by $10.69 (10.39%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: February 6, 2025
End date: April 2, 2025
a = 12.6859
b = -0.0045
s = 0.0408
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0045) – 1
= -80.64%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0408) – 1
= 17.70%
February 6, 2025 calculations
Top border of price channel:
Exp(Y1,217)
= Exp(a + b × X1,217 + 2 × s)
= Exp(a + b × 1,770 + 2 × s)
= Exp(12.6859 + -0.0045 × 1,770 + 2 × 0.0408)
= Exp(4.8052)
= $122.14
Bottom border of price channel:
Exp(Y1,217)
= Exp(a + b × X1,217 – 2 × s)
= Exp(a + b × 1,770 – 2 × s)
= Exp(12.6859 + -0.0045 × 1,770 – 2 × 0.0408)
= Exp(4.6421)
= $103.77
April 2, 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(12.6859 + -0.0045 × 1,825 + 2 × 0.0408)
= Exp(4.5577)
= $95.37
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(12.6859 + -0.0045 × 1,825 – 2 × 0.0408)
= Exp(4.3947)
= $81.02
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 80.64% per annum.
- WH price at the close of April 2, 2025 was inside the secondary price channel.