Huddled Group (UK) Market Value
| HUD Stock | 3.00 0.15 4.76% |
| Symbol | Huddled |
Huddled Group '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 Huddled Group'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 Huddled Group.
| 06/10/2023 |
| 12/01/2024 |
If you would invest 0.00 in Huddled Group on June 10, 2023 and sell it all today you would earn a total of 0.00 from holding Huddled Group Plc or generate 0.0% return on investment in Huddled Group over 540 days. Huddled Group is related to or competes with Everyman Media, Thyssenkrupp, Diversified Energy, Trainline Plc, and Cloudcoco Group. Huddled Group is entity of United Kingdom More
Huddled Group 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 Huddled Group'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 Huddled Group Plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 17.76 | |||
| Value At Risk | (7.46) | |||
| Potential Upside | 5.63 |
Huddled Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Huddled Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Huddled Group's standard deviation. In reality, there are many statistical measures that can use Huddled Group historical prices to predict the future Huddled Group's volatility.| Risk Adjusted Performance | 7.0E-4 | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | (0.04) |
Huddled Group Plc Backtested Returns
Huddled Group Plc holds Efficiency (Sharpe) Ratio of -0.0082, which attests that the entity had a -0.0082% return per unit of risk over the last 3 months. Huddled Group Plc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Huddled Group's Standard Deviation of 3.58, market risk adjusted performance of (0.03), and Risk Adjusted Performance of 7.0E-4 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.17, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Huddled Group will likely underperform. At this point, Huddled Group Plc has a negative expected return of -0.0301%. Please make sure to check out Huddled Group's standard deviation, maximum drawdown, kurtosis, as well as the relationship between the total risk alpha and potential upside , to decide if Huddled Group Plc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.02 |
Virtually no predictability
Huddled Group Plc has virtually no predictability. Overlapping area represents the amount of predictability between Huddled Group time series from 10th of June 2023 to 6th of March 2024 and 6th of March 2024 to 1st of December 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 Huddled Group Plc price movement. The serial correlation of 0.02 indicates that only 2.0% of current Huddled Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Huddled Group Plc lagged returns against current returns
Autocorrelation, which is Huddled Group 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 Huddled Group's stock expected returns. We can calculate the autocorrelation of Huddled Group returns to help us make a trade decision. For example, suppose you find that Huddled Group 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 |
Huddled Group 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 Huddled Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Huddled Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Huddled Group stock over time.
Current vs Lagged Prices |
| Timeline |
Huddled Group Lagged Returns
When evaluating Huddled Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Huddled Group stock have on its future price. Huddled Group 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, Huddled Group autocorrelation shows the relationship between Huddled Group stock current value and its past values and can show if there is a momentum factor associated with investing in Huddled Group Plc.
Regressed Prices |
| Timeline |
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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 Huddled Stock
Huddled Group financial ratios help investors to determine whether Huddled 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 Huddled with respect to the benefits of owning Huddled Group security.