Hugo Boss (Germany) Market Value
| BOSS Stock | 42.02 1.20 2.94% |
| Symbol | Hugo |
Hugo Boss '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 Hugo Boss' 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 Hugo Boss.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Hugo Boss on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Hugo Boss AG or generate 0.0% return on investment in Hugo Boss over 720 days. Hugo Boss is related to or competes with Superior Plus, SIVERS SEMICONDUCTORS, Norsk Hydro, Reliance Steel, RYOHIN UNSPADR1, Vanguard Funds, and Meli Hotels. More
Hugo Boss 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 Hugo Boss' 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 Hugo Boss AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.24 | |||
| Information Ratio | 0.0752 | |||
| Maximum Drawdown | 16.68 | |||
| Value At Risk | (4.30) | |||
| Potential Upside | 5.55 |
Hugo Boss Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hugo Boss' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hugo Boss' standard deviation. In reality, there are many statistical measures that can use Hugo Boss historical prices to predict the future Hugo Boss' volatility.| Risk Adjusted Performance | 0.0887 | |||
| Jensen Alpha | 0.3186 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0712 | |||
| Treynor Ratio | 2.4 |
Hugo Boss AG Backtested Returns
Hugo Boss appears to be very steady, given 3 months investment horizon. Hugo Boss AG holds Efficiency (Sharpe) Ratio of 0.0947, which attests that the entity had a 0.0947% return per unit of risk over the last 3 months. We have found thirty technical indicators for Hugo Boss AG, which you can use to evaluate the volatility of the firm. Please utilize Hugo Boss' Downside Deviation of 3.24, risk adjusted performance of 0.0887, and Market Risk Adjusted Performance of 2.41 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hugo Boss holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hugo Boss' returns are expected to increase less than the market. However, during the bear market, the loss of holding Hugo Boss is expected to be smaller as well. Please check Hugo Boss' semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to make a quick decision on whether Hugo Boss' current trending patterns will revert.
Auto-correlation | -0.48 |
Modest reverse predictability
Hugo Boss AG has modest reverse predictability. Overlapping area represents the amount of predictability between Hugo Boss time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th of December 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 Hugo Boss AG price movement. The serial correlation of -0.48 indicates that about 48.0% of current Hugo Boss price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 78.74 |
Hugo Boss AG lagged returns against current returns
Autocorrelation, which is Hugo Boss 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 Hugo Boss' stock expected returns. We can calculate the autocorrelation of Hugo Boss returns to help us make a trade decision. For example, suppose you find that Hugo Boss 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 |
Hugo Boss 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 Hugo Boss stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hugo Boss stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hugo Boss stock over time.
Current vs Lagged Prices |
| Timeline |
Hugo Boss Lagged Returns
When evaluating Hugo Boss' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hugo Boss stock have on its future price. Hugo Boss 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, Hugo Boss autocorrelation shows the relationship between Hugo Boss stock current value and its past values and can show if there is a momentum factor associated with investing in Hugo Boss AG.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Hugo Stock
Hugo Boss financial ratios help investors to determine whether Hugo 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 Hugo with respect to the benefits of owning Hugo Boss security.