JOHN HOLT's market value is the price at which a share of JOHN HOLT trades on a public exchange. It measures the collective expectations of JOHN HOLT PLC investors about its performance. JOHN HOLT is selling for 11.00 as of the 25th of November 2024. This is a 2.33 percent increase since the beginning of the trading day. The stock's lowest day price was 10.75. With this module, you can estimate the performance of a buy and hold strategy of JOHN HOLT PLC and determine expected loss or profit from investing in JOHN HOLT over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Symbol
JOHN
JOHN HOLT '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 JOHN HOLT'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 JOHN HOLT.
0.00
02/29/2024
No Change 0.00
0.0
In 8 months and 27 days
11/25/2024
0.00
If you would invest 0.00 in JOHN HOLT on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding JOHN HOLT PLC or generate 0.0% return on investment in JOHN HOLT over 270 days.
JOHN HOLT 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 JOHN HOLT'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 JOHN HOLT PLC upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for JOHN HOLT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JOHN HOLT's standard deviation. In reality, there are many statistical measures that can use JOHN HOLT historical prices to predict the future JOHN HOLT's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as JOHN HOLT. Your research has to be compared to or analyzed against JOHN HOLT's peers to derive any actionable benefits. When done correctly, JOHN HOLT's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in JOHN HOLT PLC.
JOHN HOLT PLC Backtested Returns
JOHN HOLT is slightly risky given 3 months investment horizon. JOHN HOLT PLC holds Efficiency (Sharpe) Ratio of 0.47, which attests that the entity had a 0.47% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-two different technical indicators, which can help you to evaluate if expected returns of 2.18% are justified by taking the suggested risk. Use JOHN HOLT PLC Coefficient Of Variation of 214.75, risk adjusted performance of 0.3655, and Market Risk Adjusted Performance of (6.76) to evaluate company specific risk that cannot be diversified away. JOHN HOLT holds a performance score of 36 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning JOHN HOLT are expected to decrease at a much lower rate. During the bear market, JOHN HOLT is likely to outperform the market. Use JOHN HOLT PLC kurtosis, and the relationship between the total risk alpha and day median price , to analyze future returns on JOHN HOLT PLC.
Auto-correlation
0.67
Good predictability
JOHN HOLT PLC has good predictability. Overlapping area represents the amount of predictability between JOHN HOLT time series from 29th of February 2024 to 13th of July 2024 and 13th of July 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 JOHN HOLT PLC price movement. The serial correlation of 0.67 indicates that around 67.0% of current JOHN HOLT price fluctuation can be explain by its past prices.
Correlation Coefficient
0.67
Spearman Rank Test
0.15
Residual Average
0.0
Price Variance
1.09
JOHN HOLT PLC lagged returns against current returns
Autocorrelation, which is JOHN HOLT 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 JOHN HOLT's stock expected returns. We can calculate the autocorrelation of JOHN HOLT returns to help us make a trade decision. For example, suppose you find that JOHN HOLT 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
JOHN HOLT 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 JOHN HOLT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JOHN HOLT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JOHN HOLT stock over time.
Current vs Lagged Prices
Timeline
JOHN HOLT Lagged Returns
When evaluating JOHN HOLT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JOHN HOLT stock have on its future price. JOHN HOLT 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, JOHN HOLT autocorrelation shows the relationship between JOHN HOLT stock current value and its past values and can show if there is a momentum factor associated with investing in JOHN HOLT PLC.
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.