The Hackett Group Stock Market Value
| HCKT Stock | USD 30.96 0.18 0.58% |
| Symbol | Hackett |
Hackett Group Price To Book Ratio
Is IT Consulting & Other Services 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 Hackett. If investors know Hackett 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 Hackett 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 (0.09) | Dividend Share 0.44 | Earnings Share 1.22 | Revenue Per Share | Quarterly Revenue Growth 0.044 |
The market value of Hackett Group is measured differently than its book value, which is the value of Hackett that is recorded on the company's balance sheet. Investors also form their own opinion of Hackett's value that differs from its market value or its book value, called intrinsic value, which is Hackett'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 Hackett's market value can be influenced by many factors that don't directly affect Hackett'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 Hackett's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hackett is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hackett'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.
Hackett '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 Hackett'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 Hackett.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Hackett on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding The Hackett Group or generate 0.0% return on investment in Hackett over 150 days. Hackett is related to or competes with Information Services, Home Bancorp, Heritage Financial, and CRA International. The Hackett Group, Inc. operates as a strategic advisory and technology consulting firm primarily in North America and i... More
Hackett 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 Hackett'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 Hackett Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.41 | |||
| Information Ratio | 0.1031 | |||
| Maximum Drawdown | 21.66 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 1.76 |
Hackett Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hackett's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hackett's standard deviation. In reality, there are many statistical measures that can use Hackett historical prices to predict the future Hackett's volatility.| Risk Adjusted Performance | 0.1249 | |||
| Jensen Alpha | 0.2076 | |||
| Total Risk Alpha | 0.0781 | |||
| Sortino Ratio | 0.1908 | |||
| Treynor Ratio | 0.2131 |
Hackett Group Backtested Returns
Hackett appears to be very steady, given 3 months investment horizon. Hackett Group holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hackett Group, which you can use to evaluate the volatility of the firm. Please utilize Hackett's Risk Adjusted Performance of 0.1249, downside deviation of 1.41, and Market Risk Adjusted Performance of 0.2231 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hackett holds a performance score of 12. The company retains a Market Volatility (i.e., Beta) of 1.68, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Hackett will likely underperform. Please check Hackett's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Hackett's current trending patterns will revert.
Auto-correlation | 0.27 |
Poor predictability
The Hackett Group has poor predictability. Overlapping area represents the amount of predictability between Hackett time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hackett Group price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Hackett price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.62 |
Hackett Group lagged returns against current returns
Autocorrelation, which is Hackett 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 Hackett's stock expected returns. We can calculate the autocorrelation of Hackett returns to help us make a trade decision. For example, suppose you find that Hackett 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 |
Hackett 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 Hackett stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hackett stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hackett stock over time.
Current vs Lagged Prices |
| Timeline |
Hackett Lagged Returns
When evaluating Hackett's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hackett stock have on its future price. Hackett 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, Hackett autocorrelation shows the relationship between Hackett stock current value and its past values and can show if there is a momentum factor associated with investing in The Hackett Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Hackett Stock Analysis
When running Hackett's price analysis, check to measure Hackett'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 Hackett is operating at the current time. Most of Hackett's value examination focuses on studying past and present price action to predict the probability of Hackett's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hackett's price. Additionally, you may evaluate how the addition of Hackett to your portfolios can decrease your overall portfolio volatility.