Hudson Global Stock Market Value
| HSON Stock | USD 14.55 0.28 1.89% |
| Symbol | Hudson |
Hudson Global Price To Book Ratio
Is Human Resource & Employment Services 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 Hudson Global. If investors know Hudson 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 Hudson Global 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 10.483 | Earnings Share (1.16) | Revenue Per Share 46.915 | Quarterly Revenue Growth (0.20) | Return On Assets (0.03) |
The market value of Hudson Global is measured differently than its book value, which is the value of Hudson that is recorded on the company's balance sheet. Investors also form their own opinion of Hudson Global's value that differs from its market value or its book value, called intrinsic value, which is Hudson Global'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 Hudson Global's market value can be influenced by many factors that don't directly affect Hudson Global'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 Hudson Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hudson Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hudson Global'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.
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.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Hudson Global on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Hudson Global or generate 0.0% return on investment in Hudson Global over 300 days. Hudson Global is related to or competes with Mastech Holdings, Kforce, Kelly Services, Korn Ferry, Barrett Business, Heidrick Struggles, and ManpowerGroup. 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 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 16.19 | |||
| Value At Risk | (4.27) | |||
| 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 | (0.09) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.77) | |||
| Treynor Ratio | 2.28 |
Hudson Global Backtested Returns
Hudson Global is out of control given 3 months investment horizon. Hudson Global holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-three different technical indicators, which can help you to evaluate if expected returns of 14.19% are justified by taking the suggested risk. Use Hudson Global Risk Adjusted Performance of (0.09), standard deviation of 2.71, and Market Risk Adjusted Performance of 2.29 to evaluate company specific risk that cannot be diversified away. Hudson Global holds a performance score of 8 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -0.15, 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. Use Hudson Global treynor ratio, as well as the relationship between the kurtosis and day typical price , to analyze future returns on Hudson Global.
Auto-correlation | -0.27 |
Weak reverse predictability
Hudson Global has weak reverse predictability. Overlapping area represents the amount of predictability between Hudson Global time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th 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 price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Hudson Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 4.67 |
Hudson Global 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 |
| Timeline |
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.
Regressed Prices |
| Timeline |
Pair Trading with Hudson Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hudson Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hudson Global will appreciate offsetting losses from the drop in the long position's value.Moving against Hudson Stock
The ability to find closely correlated positions to Hudson Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hudson Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hudson Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hudson Global to buy it.
The correlation of Hudson Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hudson Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hudson Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hudson Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Hudson Global Correlation, Hudson Global Volatility and Hudson Global Alpha and Beta module to complement your research on Hudson Global. To learn how to invest in Hudson Stock, please use our How to Invest in Hudson Global guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Hudson Global technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.