Haleon PLC (Germany) Market Value
| H6D Stock | 9.15 0.10 1.08% |
| Symbol | Haleon |
Please note, there is a significant difference between Haleon PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haleon PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haleon PLC'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.
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.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Haleon PLC on November 2, 2024 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 30 days. Haleon PLC is related to or competes with CARSALES, WILLIS LEASE, MUTUIONLINE, SCANSOURCE (SC3SG), ADRIATIC METALS, CVW CLEANTECH, and ALERION CLEANPOWER. 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.
| Downside Deviation | 1.72 | |||
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 7.32 | |||
| Value At Risk | (1.11) | |||
| Potential Upside | 1.14 |
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 | 0.0248 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0684 |
Haleon PLC Backtested Returns
Currently, Haleon PLC is not too volatile. Haleon PLC holds Efficiency (Sharpe) Ratio of 0.0212, which attests that the entity had a 0.0212% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Haleon PLC, which you can use to evaluate the volatility of the firm. Please check out Haleon PLC's Downside Deviation of 1.72, risk adjusted performance of 0.0248, and Market Risk Adjusted Performance of 0.0784 to validate if the risk estimate we provide is consistent with the expected return of 0.0225%. Haleon PLC has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.3, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Haleon PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding Haleon PLC is expected to be smaller as well. Haleon PLC right now retains a risk of 1.06%. Please check out Haleon PLC maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to decide if Haleon PLC will be following its current trending patterns.
Auto-correlation | -0.4 |
Poor reverse predictability
Haleon PLC has poor reverse predictability. Overlapping area represents the amount of predictability between Haleon PLC time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 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 -0.4 indicates that just about 40.0% of current Haleon PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
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 |
Thematic Opportunities
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Additional Tools for Haleon Stock Analysis
When running Haleon PLC's price analysis, check to measure Haleon PLC's 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 Haleon PLC is operating at the current time. Most of Haleon PLC's value examination focuses on studying past and present price action to predict the probability of Haleon PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Haleon PLC's price. Additionally, you may evaluate how the addition of Haleon PLC to your portfolios can decrease your overall portfolio volatility.