Hayward Holdings Stock Market Value
| HAYW Stock | USD 15.99 0.24 1.52% |
| Symbol | Hayward |
Hayward Holdings Price To Book Ratio
Is Leisure Products 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 Hayward Holdings. If investors know Hayward 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 Hayward Holdings 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 0.4 | Earnings Share 0.43 | Revenue Per Share 4.674 | Quarterly Revenue Growth 0.033 | Return On Assets 0.0427 |
The market value of Hayward Holdings is measured differently than its book value, which is the value of Hayward that is recorded on the company's balance sheet. Investors also form their own opinion of Hayward Holdings' value that differs from its market value or its book value, called intrinsic value, which is Hayward Holdings' 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 Hayward Holdings' market value can be influenced by many factors that don't directly affect Hayward Holdings' 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 Hayward Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hayward Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hayward Holdings' 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.
Hayward Holdings '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 Hayward Holdings' 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 Hayward Holdings.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Hayward Holdings on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Hayward Holdings or generate 0.0% return on investment in Hayward Holdings over 30 days. Hayward Holdings is related to or competes with Kimball Electronics, Enersys, Espey Mfg, Energizer Holdings, Acuity Brands, Preformed Line, and NeoVolta Warrant. Hayward Holdings, Inc. designs, manufactures, and markets a portfolio of pool equipment and associated automation system... More
Hayward Holdings 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 Hayward Holdings' 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 Hayward Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.42 | |||
| Information Ratio | 0.032 | |||
| Maximum Drawdown | 8.61 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 4.12 |
Hayward Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hayward Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hayward Holdings' standard deviation. In reality, there are many statistical measures that can use Hayward Holdings historical prices to predict the future Hayward Holdings' volatility.| Risk Adjusted Performance | 0.0747 | |||
| Jensen Alpha | 0.0966 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0423 | |||
| Treynor Ratio | 0.2519 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hayward Holdings' 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.
Hayward Holdings Backtested Returns
At this stage we consider Hayward Stock to be not too volatile. Hayward Holdings holds Efficiency (Sharpe) Ratio of 0.062, which attests that the entity had a 0.062% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hayward Holdings, which you can use to evaluate the volatility of the firm. Please check out Hayward Holdings' Downside Deviation of 1.42, risk adjusted performance of 0.0747, and Market Risk Adjusted Performance of 0.2619 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. Hayward Holdings has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.63, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hayward Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Hayward Holdings is expected to be smaller as well. Hayward Holdings right now retains a risk of 1.84%. Please check out Hayward Holdings sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to decide if Hayward Holdings will be following its current trending patterns.
Auto-correlation | -0.35 |
Poor reverse predictability
Hayward Holdings has poor reverse predictability. Overlapping area represents the amount of predictability between Hayward Holdings time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Hayward Holdings price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Hayward Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Hayward Holdings lagged returns against current returns
Autocorrelation, which is Hayward Holdings 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 Hayward Holdings' stock expected returns. We can calculate the autocorrelation of Hayward Holdings returns to help us make a trade decision. For example, suppose you find that Hayward Holdings 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 |
Hayward Holdings 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 Hayward Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hayward Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hayward Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Hayward Holdings Lagged Returns
When evaluating Hayward Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hayward Holdings stock have on its future price. Hayward Holdings 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, Hayward Holdings autocorrelation shows the relationship between Hayward Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Hayward Holdings.
Regressed Prices |
| Timeline |
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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 Hayward Stock Analysis
When running Hayward Holdings' price analysis, check to measure Hayward Holdings' 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 Hayward Holdings is operating at the current time. Most of Hayward Holdings' value examination focuses on studying past and present price action to predict the probability of Hayward Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hayward Holdings' price. Additionally, you may evaluate how the addition of Hayward Holdings to your portfolios can decrease your overall portfolio volatility.