High Liner's market value is the price at which a share of High Liner trades on a public exchange. It measures the collective expectations of High Liner Foods investors about its performance. High Liner is trading at 10.30 as of the 2nd of February 2025. This is a 1.98 percent increase since the beginning of the trading day. The stock's lowest day price was 10.3. With this module, you can estimate the performance of a buy and hold strategy of High Liner Foods and determine expected loss or profit from investing in High Liner over a given investment horizon. Check out High Liner Correlation, High Liner Volatility and High Liner Alpha and Beta module to complement your research on High Liner.
Please note, there is a significant difference between High Liner's value and its price as these two are different measures arrived at by different means. Investors typically determine if High Liner is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, High Liner's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
High Liner '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 High Liner'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 High Liner.
0.00
01/03/2025
No Change 0.00
0.0
In 31 days
02/02/2025
0.00
If you would invest 0.00 in High Liner on January 3, 2025 and sell it all today you would earn a total of 0.00 from holding High Liner Foods or generate 0.0% return on investment in High Liner over 30 days. High Liner is related to or competes with Tencent Music, WisdomTree Investments, BOS BETTER, SALESFORCE INC, Scottish Mortgage, Virtus Investment, and Keck Seng. High Liner Foods Incorporated processes and markets prepared and packaged frozen seafood products in North America More
High Liner 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 High Liner'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 High Liner Foods upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for High Liner's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as High Liner's standard deviation. In reality, there are many statistical measures that can use High Liner historical prices to predict the future High Liner's volatility.
High Liner appears to be somewhat reliable, given 3 months investment horizon. High Liner Foods holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for High Liner Foods, which you can use to evaluate the volatility of the firm. Please utilize High Liner's Risk Adjusted Performance of 0.1197, downside deviation of 2.83, and Market Risk Adjusted Performance of (1.84) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, High Liner holds a performance score of 11. The company retains a Market Volatility (i.e., Beta) of -0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning High Liner are expected to decrease at a much lower rate. During the bear market, High Liner is likely to outperform the market. Please check High Liner's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether High Liner's current trending patterns will revert.
Auto-correlation
-0.65
Very good reverse predictability
High Liner Foods has very good reverse predictability. Overlapping area represents the amount of predictability between High Liner time series from 3rd of January 2025 to 18th of January 2025 and 18th of January 2025 to 2nd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of High Liner Foods price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current High Liner price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.65
Spearman Rank Test
-0.44
Residual Average
0.0
Price Variance
0.06
High Liner Foods lagged returns against current returns
Autocorrelation, which is High Liner 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 High Liner's stock expected returns. We can calculate the autocorrelation of High Liner returns to help us make a trade decision. For example, suppose you find that High Liner 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
High Liner 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 High Liner stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if High Liner stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in High Liner stock over time.
Current vs Lagged Prices
Timeline
High Liner Lagged Returns
When evaluating High Liner's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of High Liner stock have on its future price. High Liner 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, High Liner autocorrelation shows the relationship between High Liner stock current value and its past values and can show if there is a momentum factor associated with investing in High Liner Foods.
High Liner financial ratios help investors to determine whether High Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in High with respect to the benefits of owning High Liner security.