Holley Inc Stock Market Value
| HLLY Stock | USD 2.74 0.09 3.40% |
| Symbol | Holley |
Holley Inc Price To Book Ratio
Is Automotive Parts & Equipment 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 Holley. If investors know Holley 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 Holley 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 0.273 | Earnings Share 0.13 | Revenue Per Share 5.228 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0373 |
The market value of Holley Inc is measured differently than its book value, which is the value of Holley that is recorded on the company's balance sheet. Investors also form their own opinion of Holley's value that differs from its market value or its book value, called intrinsic value, which is Holley'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 Holley's market value can be influenced by many factors that don't directly affect Holley'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 Holley's value and its price as these two are different measures arrived at by different means. Investors typically determine if Holley is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Holley'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.
Holley '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 Holley'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 Holley.
| 12/02/2022 |
| 11/21/2024 |
If you would invest 0.00 in Holley on December 2, 2022 and sell it all today you would earn a total of 0.00 from holding Holley Inc or generate 0.0% return on investment in Holley over 720 days. Holley is related to or competes with Dorman Products, Monro Muffler, Standard, Stoneridge, Cooper Stnd, Douglas Dynamics, and Motorcar Parts. Holley Inc. designs, manufactures, and markets automotive aftermarket products for car and truck enthusiasts in the Unit... More
Holley 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 Holley'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 Holley Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 11.07 | |||
| Value At Risk | (4.20) | |||
| Potential Upside | 3.65 |
Holley Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Holley's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Holley's standard deviation. In reality, there are many statistical measures that can use Holley historical prices to predict the future Holley's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.13) |
Holley Inc Backtested Returns
Holley Inc holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1% return per unit of risk over the last 3 months. Holley Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Holley's Market Risk Adjusted Performance of (0.12), standard deviation of 2.44, and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.74, 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, Holley will likely underperform. At this point, Holley Inc has a negative expected return of -0.25%. Please make sure to check out Holley's jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if Holley Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.68 |
Very good reverse predictability
Holley Inc has very good reverse predictability. Overlapping area represents the amount of predictability between Holley time series from 2nd of December 2022 to 27th of November 2023 and 27th of November 2023 to 21st 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 Holley Inc price movement. The serial correlation of -0.68 indicates that around 68.0% of current Holley price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.49 |
Holley Inc lagged returns against current returns
Autocorrelation, which is Holley 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 Holley's stock expected returns. We can calculate the autocorrelation of Holley returns to help us make a trade decision. For example, suppose you find that Holley 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 |
Holley 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 Holley stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Holley stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Holley stock over time.
Current vs Lagged Prices |
| Timeline |
Holley Lagged Returns
When evaluating Holley's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Holley stock have on its future price. Holley 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, Holley autocorrelation shows the relationship between Holley stock current value and its past values and can show if there is a momentum factor associated with investing in Holley Inc.
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 Holley Stock Analysis
When running Holley's price analysis, check to measure Holley'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 Holley is operating at the current time. Most of Holley's value examination focuses on studying past and present price action to predict the probability of Holley's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Holley's price. Additionally, you may evaluate how the addition of Holley to your portfolios can decrease your overall portfolio volatility.