Hugo Boss Ag Stock Market Value
| BOSSY Stock | USD 8.58 0.02 0.23% |
| 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' pink sheet 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.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Hugo Boss on November 19, 2023 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 390 days. Hugo Boss is related to or competes with VF, Levi Strauss, Under Armour, Under Armour, PVH Corp, Hanesbrands, and Ralph Lauren. Hugo Boss AG, together with its subsidiaries, develops, markets, and distributes clothes, shoes, and accessories for men... 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' pink sheet 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 | 3.66 | |||
| Information Ratio | 0.0451 | |||
| Maximum Drawdown | 15.11 | |||
| Value At Risk | (5.75) | |||
| Potential Upside | 5.25 |
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 | 0.0658 | |||
| Jensen Alpha | 0.2611 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0396 | |||
| Treynor Ratio | (1.75) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hugo Boss' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hugo Boss AG Backtested Returns
At this stage we consider Hugo Pink Sheet to be slightly risky. Hugo Boss AG holds Efficiency (Sharpe) Ratio of 0.051, which attests that the entity had a 0.051% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hugo Boss AG, which you can use to evaluate the volatility of the firm. Please check out Hugo Boss' Downside Deviation of 3.66, market risk adjusted performance of (1.74), and Risk Adjusted Performance of 0.0658 to validate if the risk estimate we provide is consistent with the expected return of 0.16%. Hugo Boss has a performance score of 4 on a scale of 0 to 100. 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, returns on owning Hugo Boss are expected to decrease at a much lower rate. During the bear market, Hugo Boss is likely to outperform the market. Hugo Boss AG right now retains a risk of 3.23%. Please check out Hugo Boss downside variance, and the relationship between the total risk alpha and daily balance of power , to decide if Hugo Boss will be following its current trending patterns.
Auto-correlation | 0.17 |
Very weak predictability
Hugo Boss AG has very weak predictability. Overlapping area represents the amount of predictability between Hugo Boss time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 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 0.17 indicates that over 17.0% of current Hugo Boss price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
Hugo Boss AG lagged returns against current returns
Autocorrelation, which is Hugo Boss pink sheet'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' pink sheet 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 pink sheet 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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hugo Boss pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hugo Boss pink sheet 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 pink sheet 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 pink sheet 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.Additional Tools for Hugo Pink Sheet Analysis
When running Hugo Boss' price analysis, check to measure Hugo Boss' 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 Hugo Boss is operating at the current time. Most of Hugo Boss' value examination focuses on studying past and present price action to predict the probability of Hugo Boss' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hugo Boss' price. Additionally, you may evaluate how the addition of Hugo Boss to your portfolios can decrease your overall portfolio volatility.