Haymaker Acquisition Corp Stock Market Value
| HYAC Stock | USD 10.80 0.01 0.09% |
| Symbol | Haymaker |
Haymaker Acquisition Corp Price To Book Ratio
Is Multi-Sector Holdings 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 Haymaker Acquisition. If investors know Haymaker 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 Haymaker Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.406 |
The market value of Haymaker Acquisition Corp is measured differently than its book value, which is the value of Haymaker that is recorded on the company's balance sheet. Investors also form their own opinion of Haymaker Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Haymaker Acquisition'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 Haymaker Acquisition's market value can be influenced by many factors that don't directly affect Haymaker Acquisition'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 Haymaker Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haymaker Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haymaker Acquisition'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.
Haymaker Acquisition '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 Haymaker Acquisition'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 Haymaker Acquisition.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Haymaker Acquisition on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Haymaker Acquisition Corp or generate 0.0% return on investment in Haymaker Acquisition over 30 days. Haymaker Acquisition is related to or competes with Alvotech, Western Digital, GMO Internet, National CineMedia, Schweiter Technologies, Integral, and Sea. It intends to acquire and operate a business in the consumer and consumer-related products More
Haymaker Acquisition 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 Haymaker Acquisition'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 Haymaker Acquisition Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5551 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.34 | |||
| Value At Risk | (0.09) | |||
| Potential Upside | 0.1874 |
Haymaker Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Haymaker Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Haymaker Acquisition's standard deviation. In reality, there are many statistical measures that can use Haymaker Acquisition historical prices to predict the future Haymaker Acquisition's volatility.| Risk Adjusted Performance | 0.037 | |||
| Jensen Alpha | 0.0094 | |||
| Total Risk Alpha | 0.0028 | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.2361 |
Haymaker Acquisition Corp Backtested Returns
At this point, Haymaker Acquisition is very steady. Haymaker Acquisition Corp holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Haymaker Acquisition Corp, which you can use to evaluate the volatility of the firm. Please check out Haymaker Acquisition's Market Risk Adjusted Performance of 0.2461, downside deviation of 0.5551, and Risk Adjusted Performance of 0.037 to validate if the risk estimate we provide is consistent with the expected return of 0.0196%. Haymaker Acquisition has a performance score of 12 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0435, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Haymaker Acquisition's returns are expected to increase less than the market. However, during the bear market, the loss of holding Haymaker Acquisition is expected to be smaller as well. Haymaker Acquisition Corp right now retains a risk of 0.12%. Please check out Haymaker Acquisition value at risk, kurtosis, market facilitation index, as well as the relationship between the semi variance and rate of daily change , to decide if Haymaker Acquisition will be following its current trending patterns.
Auto-correlation | 0.11 |
Insignificant predictability
Haymaker Acquisition Corp has insignificant predictability. Overlapping area represents the amount of predictability between Haymaker Acquisition time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th 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 Haymaker Acquisition Corp price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Haymaker Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Haymaker Acquisition Corp lagged returns against current returns
Autocorrelation, which is Haymaker Acquisition 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 Haymaker Acquisition's stock expected returns. We can calculate the autocorrelation of Haymaker Acquisition returns to help us make a trade decision. For example, suppose you find that Haymaker Acquisition 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 |
Haymaker Acquisition 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 Haymaker Acquisition stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Haymaker Acquisition stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Haymaker Acquisition stock over time.
Current vs Lagged Prices |
| Timeline |
Haymaker Acquisition Lagged Returns
When evaluating Haymaker Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Haymaker Acquisition stock have on its future price. Haymaker Acquisition 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, Haymaker Acquisition autocorrelation shows the relationship between Haymaker Acquisition stock current value and its past values and can show if there is a momentum factor associated with investing in Haymaker Acquisition Corp.
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Check out Haymaker Acquisition Correlation, Haymaker Acquisition Volatility and Haymaker Acquisition Alpha and Beta module to complement your research on Haymaker Acquisition. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Haymaker Acquisition 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.