HUSQVARNA (Germany) Market Value
| HRZ Stock | 5.23 0.04 0.76% |
| Symbol | HUSQVARNA |
HUSQVARNA '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 HUSQVARNA'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 HUSQVARNA.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in HUSQVARNA on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding HUSQVARNA B or generate 0.0% return on investment in HUSQVARNA over 180 days. HUSQVARNA is related to or competes with Lion One, EHEALTH, Bumrungrad Hospital, Perseus Mining, Laureate Education, Grand Canyon, and GREENX METALS. More
HUSQVARNA 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 HUSQVARNA'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 HUSQVARNA B upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.77 | |||
| Information Ratio | 0.0873 | |||
| Maximum Drawdown | 50.82 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 2.85 |
HUSQVARNA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HUSQVARNA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HUSQVARNA's standard deviation. In reality, there are many statistical measures that can use HUSQVARNA historical prices to predict the future HUSQVARNA's volatility.| Risk Adjusted Performance | 0.0864 | |||
| Jensen Alpha | 0.6456 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.2972 | |||
| Treynor Ratio | (1.52) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HUSQVARNA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
HUSQVARNA B Backtested Returns
HUSQVARNA appears to be risky, given 3 months investment horizon. HUSQVARNA B holds Efficiency (Sharpe) Ratio of 0.0871, which attests that the entity had a 0.0871% return per unit of volatility over the last 3 months. By examining HUSQVARNA's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please utilize HUSQVARNA's market risk adjusted performance of (1.51), and Risk Adjusted Performance of 0.0864 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, HUSQVARNA holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of -0.4, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning HUSQVARNA are expected to decrease at a much lower rate. During the bear market, HUSQVARNA is likely to outperform the market. Please check HUSQVARNA's semi variance, and the relationship between the maximum drawdown and daily balance of power , to make a quick decision on whether HUSQVARNA's current trending patterns will revert.
Auto-correlation | -0.94 |
Near perfect reversele predictability
HUSQVARNA B has near perfect reversele predictability. Overlapping area represents the amount of predictability between HUSQVARNA time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd 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 HUSQVARNA B price movement. The serial correlation of -0.94 indicates that approximately 94.0% of current HUSQVARNA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.94 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.79 |
HUSQVARNA B lagged returns against current returns
Autocorrelation, which is HUSQVARNA 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 HUSQVARNA's stock expected returns. We can calculate the autocorrelation of HUSQVARNA returns to help us make a trade decision. For example, suppose you find that HUSQVARNA 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 |
HUSQVARNA 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 HUSQVARNA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HUSQVARNA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HUSQVARNA stock over time.
Current vs Lagged Prices |
| Timeline |
HUSQVARNA Lagged Returns
When evaluating HUSQVARNA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HUSQVARNA stock have on its future price. HUSQVARNA 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, HUSQVARNA autocorrelation shows the relationship between HUSQVARNA stock current value and its past values and can show if there is a momentum factor associated with investing in HUSQVARNA B .
Regressed Prices |
| Timeline |
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Additional Tools for HUSQVARNA Stock Analysis
When running HUSQVARNA's price analysis, check to measure HUSQVARNA'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 HUSQVARNA is operating at the current time. Most of HUSQVARNA's value examination focuses on studying past and present price action to predict the probability of HUSQVARNA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HUSQVARNA's price. Additionally, you may evaluate how the addition of HUSQVARNA to your portfolios can decrease your overall portfolio volatility.