Halma Plc (Germany) Market Value
| H11 Stock | EUR 32.88 0.10 0.31% |
| Symbol | Halma |
Halma Plc '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 Halma Plc'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 Halma Plc.
| 11/28/2024 |
| 12/28/2024 |
If you would invest 0.00 in Halma Plc on November 28, 2024 and sell it all today you would earn a total of 0.00 from holding Halma plc or generate 0.0% return on investment in Halma Plc over 30 days. Halma Plc is related to or competes with ABB PAR, ASSA ABLOY, SECOM CO, Allegion Plc, ADT, and MSA Safety. Halma plc provides technology solutions in the safety, health and environmental markets More
Halma Plc 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 Halma Plc'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 Halma plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | 0.0389 | |||
| Maximum Drawdown | 12.25 | |||
| Value At Risk | (2.90) | |||
| Potential Upside | 3.18 |
Halma Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Halma Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Halma Plc's standard deviation. In reality, there are many statistical measures that can use Halma Plc historical prices to predict the future Halma Plc's volatility.| Risk Adjusted Performance | 0.0499 | |||
| Jensen Alpha | 0.1092 | |||
| Total Risk Alpha | 0.0442 | |||
| Sortino Ratio | 0.0509 | |||
| Treynor Ratio | (0.23) |
Halma plc Backtested Returns
At this point, Halma Plc is very steady. Halma plc holds Efficiency (Sharpe) Ratio of 0.0445, which attests that the entity had a 0.0445% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Halma plc, which you can use to evaluate the volatility of the firm. Please check out Halma Plc's Downside Deviation of 1.52, risk adjusted performance of 0.0499, and Market Risk Adjusted Performance of (0.22) to validate if the risk estimate we provide is consistent with the expected return of 0.0897%. Halma Plc has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.43, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Halma Plc are expected to decrease at a much lower rate. During the bear market, Halma Plc is likely to outperform the market. Halma plc right now retains a risk of 2.01%. Please check out Halma Plc information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Halma Plc will be following its current trending patterns.
Auto-correlation | -0.21 |
Weak reverse predictability
Halma plc has weak reverse predictability. Overlapping area represents the amount of predictability between Halma Plc time series from 28th of November 2024 to 13th of December 2024 and 13th of December 2024 to 28th 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 Halma plc price movement. The serial correlation of -0.21 indicates that over 21.0% of current Halma Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
Halma plc lagged returns against current returns
Autocorrelation, which is Halma Plc 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 Halma Plc's stock expected returns. We can calculate the autocorrelation of Halma Plc returns to help us make a trade decision. For example, suppose you find that Halma Plc 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 |
Halma Plc 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 Halma Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Halma Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Halma Plc stock over time.
Current vs Lagged Prices |
| Timeline |
Halma Plc Lagged Returns
When evaluating Halma Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Halma Plc stock have on its future price. Halma Plc 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, Halma Plc autocorrelation shows the relationship between Halma Plc stock current value and its past values and can show if there is a momentum factor associated with investing in Halma plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Halma Stock
Halma Plc financial ratios help investors to determine whether Halma 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 Halma with respect to the benefits of owning Halma Plc security.