Hubbell Stock Market Value
| HUBB Stock | USD 426.57 8.86 2.12% |
| Symbol | Hubbell |
Hubbell Price To Book Ratio
Is Electrical Components & 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 Hubbell. If investors know Hubbell 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 Hubbell 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 0.095 | Dividend Share 4.88 | Earnings Share 13.91 | Revenue Per Share | Quarterly Revenue Growth 0.049 |
The market value of Hubbell is measured differently than its book value, which is the value of Hubbell that is recorded on the company's balance sheet. Investors also form their own opinion of Hubbell's value that differs from its market value or its book value, called intrinsic value, which is Hubbell'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 Hubbell's market value can be influenced by many factors that don't directly affect Hubbell'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 Hubbell's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hubbell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hubbell'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.
Hubbell '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 Hubbell'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 Hubbell.
| 12/31/2024 |
| 01/30/2025 |
If you would invest 0.00 in Hubbell on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding Hubbell or generate 0.0% return on investment in Hubbell over 30 days. Hubbell is related to or competes with Advanced Energy, Enersys, Acuity Brands, Kimball Electronics, NVent Electric, Vertiv Holdings, and Energizer Holdings. Hubbell Incorporated, together with its subsidiaries, designs, manufactures, and sells electrical and electronic product... More
Hubbell 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 Hubbell'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 Hubbell upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 16.33 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 2.61 |
Hubbell Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hubbell's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hubbell's standard deviation. In reality, there are many statistical measures that can use Hubbell historical prices to predict the future Hubbell's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.11) |
Hubbell Backtested Returns
At this point, Hubbell is very steady. Hubbell holds Efficiency (Sharpe) Ratio of 0.0145, which attests that the entity had a 0.0145 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Hubbell, which you can use to evaluate the volatility of the firm. Please check out Hubbell's Standard Deviation of 2.1, risk adjusted performance of (0.02), and Market Risk Adjusted Performance of (0.1) to validate if the risk estimate we provide is consistent with the expected return of 0.0315%. Hubbell has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.72, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hubbell's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hubbell is expected to be smaller as well. Hubbell right now retains a risk of 2.17%. Please check out Hubbell potential upside, day median price, and the relationship between the total risk alpha and accumulation distribution , to decide if Hubbell will be following its current trending patterns.
Auto-correlation | 0.43 |
Average predictability
Hubbell has average predictability. Overlapping area represents the amount of predictability between Hubbell time series from 31st of December 2024 to 15th of January 2025 and 15th of January 2025 to 30th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hubbell price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Hubbell price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 269.32 |
Hubbell lagged returns against current returns
Autocorrelation, which is Hubbell 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 Hubbell's stock expected returns. We can calculate the autocorrelation of Hubbell returns to help us make a trade decision. For example, suppose you find that Hubbell 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 |
Hubbell 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 Hubbell stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hubbell stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hubbell stock over time.
Current vs Lagged Prices |
| Timeline |
Hubbell Lagged Returns
When evaluating Hubbell's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hubbell stock have on its future price. Hubbell 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, Hubbell autocorrelation shows the relationship between Hubbell stock current value and its past values and can show if there is a momentum factor associated with investing in Hubbell.
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.When determining whether Hubbell offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hubbell's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hubbell Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hubbell Stock:Check out Hubbell Correlation, Hubbell Volatility and Hubbell Alpha and Beta module to complement your research on Hubbell. For information on how to trade Hubbell Stock refer to our How to Trade Hubbell Stock guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Hubbell 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.