Holland Colours (Netherlands) Market Value
| HOLCO Stock | EUR 91.00 2.00 2.25% |
| Symbol | Holland |
Holland Colours '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 Holland Colours' 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 Holland Colours.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Holland Colours on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Holland Colours NV or generate 0.0% return on investment in Holland Colours over 180 days. Holland Colours is related to or competes with NV Nederlandsche, Hydratec Industries, Amsterdam Commodities, Aalberts Industries, and TKH Group. Holland Colours NV, together with its subsidiaries, manufactures, distributes, and sells color concentrates in Europe, t... More
Holland Colours 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 Holland Colours' 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 Holland Colours NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 6.98 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 2.25 |
Holland Colours Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Holland Colours' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Holland Colours' standard deviation. In reality, there are many statistical measures that can use Holland Colours historical prices to predict the future Holland Colours' volatility.| Risk Adjusted Performance | 9.0E-4 | |||
| Jensen Alpha | 0.0095 | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 0.0814 |
Holland Colours NV Backtested Returns
Holland Colours NV holds Efficiency (Sharpe) Ratio of -0.0225, which attests that the entity had a -0.0225% return per unit of risk over the last 3 months. Holland Colours NV exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Holland Colours' Market Risk Adjusted Performance of 0.0914, standard deviation of 1.41, and Risk Adjusted Performance of 9.0E-4 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Holland Colours are expected to decrease at a much lower rate. During the bear market, Holland Colours is likely to outperform the market. At this point, Holland Colours NV has a negative expected return of -0.0314%. Please make sure to check out Holland Colours' information ratio, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Holland Colours NV performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.26 |
Poor predictability
Holland Colours NV has poor predictability. Overlapping area represents the amount of predictability between Holland Colours time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Holland Colours NV price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Holland Colours price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 2.55 |
Holland Colours NV lagged returns against current returns
Autocorrelation, which is Holland Colours 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 Holland Colours' stock expected returns. We can calculate the autocorrelation of Holland Colours returns to help us make a trade decision. For example, suppose you find that Holland Colours 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 |
Holland Colours 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 Holland Colours stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Holland Colours stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Holland Colours stock over time.
Current vs Lagged Prices |
| Timeline |
Holland Colours Lagged Returns
When evaluating Holland Colours' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Holland Colours stock have on its future price. Holland Colours 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, Holland Colours autocorrelation shows the relationship between Holland Colours stock current value and its past values and can show if there is a momentum factor associated with investing in Holland Colours NV.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Holland Stock
Holland Colours financial ratios help investors to determine whether Holland 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 Holland with respect to the benefits of owning Holland Colours security.