The Hain Celestial Stock Market Value
| HAIN Stock | USD 8.24 0.19 2.36% |
| Symbol | Hain |
Hain Celestial Price To Book Ratio
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hain Celestial. If investors know Hain will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hain Celestial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.64) | Earnings Share (0.94) | Revenue Per Share 18.988 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0262 |
The market value of Hain Celestial is measured differently than its book value, which is the value of Hain that is recorded on the company's balance sheet. Investors also form their own opinion of Hain Celestial's value that differs from its market value or its book value, called intrinsic value, which is Hain Celestial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hain Celestial's market value can be influenced by many factors that don't directly affect Hain Celestial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hain Celestial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hain Celestial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hain Celestial'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.
Hain Celestial '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 Hain Celestial'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 Hain Celestial.
| 09/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Hain Celestial on September 26, 2024 and sell it all today you would earn a total of 0.00 from holding The Hain Celestial or generate 0.0% return on investment in Hain Celestial over 60 days. Hain Celestial is related to or competes with J J, Lancaster Colony, Treehouse Foods, Simply Good, Post Holdings, Central Garden, and Bellring Brands. The Hain Celestial Group, Inc. manufactures, markets, and sells organic and natural products in United States, United Ki... More
Hain Celestial 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 Hain Celestial'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 The Hain Celestial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.15 | |||
| Information Ratio | 0.0944 | |||
| Maximum Drawdown | 34.66 | |||
| Value At Risk | (5.50) | |||
| Potential Upside | 5.56 |
Hain Celestial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hain Celestial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hain Celestial's standard deviation. In reality, there are many statistical measures that can use Hain Celestial historical prices to predict the future Hain Celestial's volatility.| Risk Adjusted Performance | 0.1039 | |||
| Jensen Alpha | 0.4814 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0979 | |||
| Treynor Ratio | 1.38 |
Hain Celestial Backtested Returns
As of now, Hain Stock is somewhat reliable. Hain Celestial holds Efficiency (Sharpe) Ratio of 0.0258, which attests that the entity had a 0.0258% return per unit of risk over the last 3 months. We have found thirty technical indicators for Hain Celestial, which you can use to evaluate the volatility of the firm. Please check out Hain Celestial's Risk Adjusted Performance of 0.1039, downside deviation of 4.15, and Market Risk Adjusted Performance of 1.39 to validate if the risk estimate we provide is consistent with the expected return of 0.093%. Hain Celestial has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hain Celestial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hain Celestial is expected to be smaller as well. Hain Celestial right now retains a risk of 3.61%. Please check out Hain Celestial downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if Hain Celestial will be following its current trending patterns.
Auto-correlation | 0.13 |
Insignificant predictability
The Hain Celestial has insignificant predictability. Overlapping area represents the amount of predictability between Hain Celestial time series from 26th of September 2024 to 26th of October 2024 and 26th of October 2024 to 25th of November 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 Hain Celestial price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Hain Celestial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.72 |
Hain Celestial lagged returns against current returns
Autocorrelation, which is Hain Celestial 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 Hain Celestial's stock expected returns. We can calculate the autocorrelation of Hain Celestial returns to help us make a trade decision. For example, suppose you find that Hain Celestial 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 |
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Hain Celestial 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 Hain Celestial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hain Celestial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hain Celestial stock over time.
Current vs Lagged Prices |
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Hain Celestial Lagged Returns
When evaluating Hain Celestial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hain Celestial stock have on its future price. Hain Celestial 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, Hain Celestial autocorrelation shows the relationship between Hain Celestial stock current value and its past values and can show if there is a momentum factor associated with investing in The Hain Celestial.
Regressed Prices |
| Timeline |
Pair Trading with Hain Celestial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hain Celestial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hain Celestial will appreciate offsetting losses from the drop in the long position's value.Moving against Hain Stock
The ability to find closely correlated positions to Hain Celestial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hain Celestial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hain Celestial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The Hain Celestial to buy it.
The correlation of Hain Celestial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hain Celestial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hain Celestial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hain Celestial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Hain Celestial Correlation, Hain Celestial Volatility and Hain Celestial Alpha and Beta module to complement your research on Hain Celestial. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Hain Celestial 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.