HERBALIFE (Germany) Market Value
| HOO Stock | EUR 7.55 0.09 1.21% |
| Symbol | HERBALIFE |
HERBALIFE '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 HERBALIFE'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 HERBALIFE.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in HERBALIFE on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding HERBALIFE or generate 0.0% return on investment in HERBALIFE over 180 days. HERBALIFE is related to or competes with Applied Materials, Compagnie Plastic, Goodyear Tire, Vastned Retail, BJs Wholesale, and Martin Marietta. More
HERBALIFE 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 HERBALIFE'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 HERBALIFE upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.69 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 17.85 | |||
| Value At Risk | (6.13) | |||
| Potential Upside | 4.84 |
HERBALIFE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HERBALIFE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HERBALIFE's standard deviation. In reality, there are many statistical measures that can use HERBALIFE historical prices to predict the future HERBALIFE's volatility.| Risk Adjusted Performance | 0.0186 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.51) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.082 |
HERBALIFE Backtested Returns
At this point, HERBALIFE is slightly risky. HERBALIFE holds Efficiency (Sharpe) Ratio of 0.0319, which attests that the entity had a 0.0319% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for HERBALIFE, which you can use to evaluate the volatility of the firm. Please check out HERBALIFE's risk adjusted performance of 0.0186, and Market Risk Adjusted Performance of 0.092 to validate if the risk estimate we provide is consistent with the expected return of 0.1%. HERBALIFE has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.45, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, HERBALIFE's returns are expected to increase less than the market. However, during the bear market, the loss of holding HERBALIFE is expected to be smaller as well. HERBALIFE now retains a risk of 3.23%. Please check out HERBALIFE treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if HERBALIFE will be following its current trending patterns.
Auto-correlation | -0.84 |
Excellent reverse predictability
HERBALIFE has excellent reverse predictability. Overlapping area represents the amount of predictability between HERBALIFE 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 HERBALIFE price movement. The serial correlation of -0.84 indicates that around 84.0% of current HERBALIFE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.39 |
HERBALIFE lagged returns against current returns
Autocorrelation, which is HERBALIFE 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 HERBALIFE's stock expected returns. We can calculate the autocorrelation of HERBALIFE returns to help us make a trade decision. For example, suppose you find that HERBALIFE 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 |
HERBALIFE 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 HERBALIFE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HERBALIFE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HERBALIFE stock over time.
Current vs Lagged Prices |
| Timeline |
HERBALIFE Lagged Returns
When evaluating HERBALIFE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HERBALIFE stock have on its future price. HERBALIFE 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, HERBALIFE autocorrelation shows the relationship between HERBALIFE stock current value and its past values and can show if there is a momentum factor associated with investing in HERBALIFE.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in HERBALIFE Stock
HERBALIFE financial ratios help investors to determine whether HERBALIFE 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 HERBALIFE with respect to the benefits of owning HERBALIFE security.