Henkel AG (UK) Market Value
| 0IZ8 Stock | 72.05 1.55 2.20% |
| Symbol | Henkel |
Henkel AG 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Henkel AG's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Henkel AG.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Henkel AG on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding Henkel AG Co or generate 0.0% return on investment in Henkel AG over 60 days. Henkel AG is related to or competes with Cincinnati Financial, PureTech Health, St Galler, Sparebank, Jupiter Fund, and Discover Financial. Henkel AG is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Henkel AG Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Henkel AG's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Henkel AG Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 5.35 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 1.22 |
Henkel AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Henkel AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Henkel AG's standard deviation. In reality, there are many statistical measures that can use Henkel AG historical prices to predict the future Henkel AG's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 1.24 |
Henkel AG Backtested Returns
Henkel AG holds Efficiency (Sharpe) Ratio of -0.0614, which attests that the entity had a -0.0614% return per unit of risk over the last 3 months. Henkel AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Henkel AG's Risk Adjusted Performance of (0.03), standard deviation of 0.9787, and Market Risk Adjusted Performance of 1.25 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0403, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Henkel AG are expected to decrease at a much lower rate. During the bear market, Henkel AG is likely to outperform the market. At this point, Henkel AG has a negative expected return of -0.0601%. Please make sure to check out Henkel AG's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Henkel AG performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Henkel AG Co has insignificant reverse predictability. Overlapping area represents the amount of predictability between Henkel AG time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Henkel AG price movement. The serial correlation of -0.19 indicates that over 19.0% of current Henkel AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.98 |
Henkel AG lagged returns against current returns
Autocorrelation, which is Henkel AG stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Henkel AG's stock expected returns. We can calculate the autocorrelation of Henkel AG returns to help us make a trade decision. For example, suppose you find that Henkel AG has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Henkel AG regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Henkel AG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Henkel AG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Henkel AG stock over time.
Current vs Lagged Prices |
| Timeline |
Henkel AG Lagged Returns
When evaluating Henkel AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Henkel AG stock have on its future price. Henkel AG autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Henkel AG autocorrelation shows the relationship between Henkel AG stock current value and its past values and can show if there is a momentum factor associated with investing in Henkel AG Co.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Henkel Stock Analysis
When running Henkel AG's price analysis, check to measure Henkel AG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Henkel AG is operating at the current time. Most of Henkel AG's value examination focuses on studying past and present price action to predict the probability of Henkel AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Henkel AG's price. Additionally, you may evaluate how the addition of Henkel AG to your portfolios can decrease your overall portfolio volatility.