Haleon PLC (Germany) Market Value
| H6D Stock | 8.80 0.15 1.68% |
| Symbol | Haleon |
Haleon 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 Haleon 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 Haleon PLC.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Haleon PLC on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Haleon PLC or generate 0.0% return on investment in Haleon PLC over 720 days. Haleon PLC is related to or competes with Information Services, InPlay Oil, COLUMBIA SPORTSWEAR, ARISTOCRAT LEISURE, Data3, LG Display, and DATAGROUP. More
Haleon 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 Haleon 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 Haleon PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 8.17 | |||
| Value At Risk | (2.72) | |||
| Potential Upside | 2.91 |
Haleon PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Haleon PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Haleon PLC's standard deviation. In reality, there are many statistical measures that can use Haleon PLC historical prices to predict the future Haleon PLC's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 0.0024 | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | 0.1198 |
Haleon PLC Backtested Returns
At this point, Haleon PLC is not too volatile. Haleon PLC holds Efficiency (Sharpe) Ratio of 0.0087, which attests that the entity had a 0.0087% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Haleon PLC, which you can use to evaluate the volatility of the firm. Please check out Haleon PLC's Standard Deviation of 1.78, market risk adjusted performance of 0.1298, and Risk Adjusted Performance of (0.01) to validate if the risk estimate we provide is consistent with the expected return of 0.0155%. The company retains a Market Volatility (i.e., Beta) of -0.31, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Haleon PLC are expected to decrease at a much lower rate. During the bear market, Haleon PLC is likely to outperform the market. Haleon PLC right now retains a risk of 1.78%. Please check out Haleon PLC information ratio, total risk alpha, potential upside, as well as the relationship between the jensen alpha and treynor ratio , to decide if Haleon PLC will be following its current trending patterns.
Auto-correlation | 0.29 |
Poor predictability
Haleon PLC has poor predictability. Overlapping area represents the amount of predictability between Haleon PLC time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Haleon PLC price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Haleon PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.61 |
Haleon PLC lagged returns against current returns
Autocorrelation, which is Haleon 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 Haleon PLC's stock expected returns. We can calculate the autocorrelation of Haleon PLC returns to help us make a trade decision. For example, suppose you find that Haleon 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 |
Haleon 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 Haleon PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Haleon PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Haleon PLC stock over time.
Current vs Lagged Prices |
| Timeline |
Haleon PLC Lagged Returns
When evaluating Haleon PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Haleon PLC stock have on its future price. Haleon 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, Haleon PLC autocorrelation shows the relationship between Haleon PLC stock current value and its past values and can show if there is a momentum factor associated with investing in Haleon PLC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Haleon Stock
When determining whether Haleon PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Haleon PLC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Haleon Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Haleon Plc Stock:Check out Haleon PLC Correlation, Haleon PLC Volatility and Haleon PLC Alpha and Beta module to complement your research on Haleon PLC. For more detail on how to invest in Haleon Stock please use our How to Invest in Haleon PLC guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Haleon PLC technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.