HUDSON GLOBAL (Germany) Market Value
| HDH1 Stock | EUR 14.10 0.50 3.68% |
| Symbol | HUDSON |
HUDSON GLOBAL '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 HUDSON GLOBAL'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 HUDSON GLOBAL.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in HUDSON GLOBAL on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding HUDSON GLOBAL INCDL 001 or generate 0.0% return on investment in HUDSON GLOBAL over 30 days. HUDSON GLOBAL is related to or competes with REINET INVESTMENTS, Virtus Investment, SEI INVESTMENTS, Apollo Investment, and New Residential. Hudson Global, Inc. provides talent solutions for mid-to-large-cap multinational companies and government agencies under... More
HUDSON GLOBAL 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 HUDSON GLOBAL'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 HUDSON GLOBAL INCDL 001 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 16.86 | |||
| Value At Risk | (4.17) | |||
| Potential Upside | 3.7 |
HUDSON GLOBAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HUDSON GLOBAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HUDSON GLOBAL's standard deviation. In reality, there are many statistical measures that can use HUDSON GLOBAL historical prices to predict the future HUDSON GLOBAL's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | 0.7288 |
HUDSON GLOBAL INCDL Backtested Returns
HUDSON GLOBAL INCDL holds Efficiency (Sharpe) Ratio of -0.0419, which attests that the entity had a -0.0419% return per unit of return volatility over the last 3 months. HUDSON GLOBAL INCDL exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HUDSON GLOBAL's Coefficient Of Variation of (1,820), risk adjusted performance of (0.03), and Market Risk Adjusted Performance of 0.7388 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning HUDSON GLOBAL are expected to decrease at a much lower rate. During the bear market, HUDSON GLOBAL is likely to outperform the market. At this point, HUDSON GLOBAL INCDL has a negative expected return of -0.12%. Please make sure to check out HUDSON GLOBAL's variance, jensen alpha, and the relationship between the standard deviation and information ratio , to decide if HUDSON GLOBAL INCDL performance from the past will be repeated at future time.
Auto-correlation | -0.48 |
Modest reverse predictability
HUDSON GLOBAL INCDL 001 has modest reverse predictability. Overlapping area represents the amount of predictability between HUDSON GLOBAL time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 HUDSON GLOBAL INCDL price movement. The serial correlation of -0.48 indicates that about 48.0% of current HUDSON GLOBAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.38 |
HUDSON GLOBAL INCDL lagged returns against current returns
Autocorrelation, which is HUDSON GLOBAL 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 HUDSON GLOBAL's stock expected returns. We can calculate the autocorrelation of HUDSON GLOBAL returns to help us make a trade decision. For example, suppose you find that HUDSON GLOBAL 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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HUDSON GLOBAL 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 HUDSON GLOBAL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HUDSON GLOBAL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HUDSON GLOBAL stock over time.
Current vs Lagged Prices |
| Timeline |
HUDSON GLOBAL Lagged Returns
When evaluating HUDSON GLOBAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HUDSON GLOBAL stock have on its future price. HUDSON GLOBAL 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, HUDSON GLOBAL autocorrelation shows the relationship between HUDSON GLOBAL stock current value and its past values and can show if there is a momentum factor associated with investing in HUDSON GLOBAL INCDL 001.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in HUDSON Stock
HUDSON GLOBAL financial ratios help investors to determine whether HUDSON Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in HUDSON with respect to the benefits of owning HUDSON GLOBAL security.