Hydrofarm Holdings Group Stock Market Value
| HYFM Stock | USD 0.81 0.08 10.96% |
| Symbol | Hydrofarm |
Hydrofarm Holdings Price To Book Ratio
Is Industrial Machinery & Supplies & Components 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 Hydrofarm Holdings. If investors know Hydrofarm 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 Hydrofarm Holdings 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 3.625 | Earnings Share (1.40) | Revenue Per Share 4.361 | Quarterly Revenue Growth (0.19) | Return On Assets (0.04) |
The market value of Hydrofarm Holdings is measured differently than its book value, which is the value of Hydrofarm that is recorded on the company's balance sheet. Investors also form their own opinion of Hydrofarm Holdings' value that differs from its market value or its book value, called intrinsic value, which is Hydrofarm Holdings' 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 Hydrofarm Holdings' market value can be influenced by many factors that don't directly affect Hydrofarm Holdings' 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 Hydrofarm Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hydrofarm Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hydrofarm Holdings' 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.
Hydrofarm Holdings '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 Hydrofarm Holdings' 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 Hydrofarm Holdings.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Hydrofarm Holdings on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Hydrofarm Holdings Group or generate 0.0% return on investment in Hydrofarm Holdings over 30 days. Hydrofarm Holdings is related to or competes with Gencor Industries, CEA Industries, Arts Way, Buhler Industries, Toyota Industries, AmeraMex International, and Textainer Group. Hydrofarm Holdings Group, Inc., together with its subsidiaries, engages in the manufacture and distribution of controlle... More
Hydrofarm Holdings 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 Hydrofarm Holdings' 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 Hydrofarm Holdings Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.94 | |||
| Information Ratio | 0.0818 | |||
| Maximum Drawdown | 27.94 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 14.06 |
Hydrofarm Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hydrofarm Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hydrofarm Holdings' standard deviation. In reality, there are many statistical measures that can use Hydrofarm Holdings historical prices to predict the future Hydrofarm Holdings' volatility.| Risk Adjusted Performance | 0.0906 | |||
| Jensen Alpha | 0.6127 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.1075 | |||
| Treynor Ratio | (0.97) |
Hydrofarm Holdings Backtested Returns
Hydrofarm Holdings appears to be abnormally volatile, given 3 months investment horizon. Hydrofarm Holdings 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. By evaluating Hydrofarm Holdings' technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please utilize Hydrofarm Holdings' Market Risk Adjusted Performance of (0.96), downside deviation of 3.94, and Risk Adjusted Performance of 0.0906 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hydrofarm Holdings holds a performance score of 12. The company retains a Market Volatility (i.e., Beta) of -0.56, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Hydrofarm Holdings are expected to decrease at a much lower rate. During the bear market, Hydrofarm Holdings is likely to outperform the market. Please check Hydrofarm Holdings' jensen alpha and the relationship between the value at risk and day median price , to make a quick decision on whether Hydrofarm Holdings' current trending patterns will revert.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Hydrofarm Holdings Group has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Hydrofarm Holdings time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Hydrofarm Holdings price movement. The serial correlation of -0.72 indicates that around 72.0% of current Hydrofarm Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Hydrofarm Holdings lagged returns against current returns
Autocorrelation, which is Hydrofarm Holdings 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 Hydrofarm Holdings' stock expected returns. We can calculate the autocorrelation of Hydrofarm Holdings returns to help us make a trade decision. For example, suppose you find that Hydrofarm Holdings 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 |
Hydrofarm Holdings 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 Hydrofarm Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hydrofarm Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hydrofarm Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Hydrofarm Holdings Lagged Returns
When evaluating Hydrofarm Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hydrofarm Holdings stock have on its future price. Hydrofarm Holdings 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, Hydrofarm Holdings autocorrelation shows the relationship between Hydrofarm Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Hydrofarm Holdings Group.
Regressed Prices |
| Timeline |
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Hydrofarm Holdings 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.