Robert Half International Stock Market Value
| RHI Stock | USD 74.69 1.08 1.43% |
| Symbol | Robert |
Robert Half International Price To Book Ratio
Is Human Resource & Employment Services 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 Robert Half. If investors know Robert 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 Robert Half 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 (0.29) | Dividend Share 2.07 | Earnings Share 2.75 | Revenue Per Share 56.959 | Quarterly Revenue Growth (0.06) |
The market value of Robert Half International is measured differently than its book value, which is the value of Robert that is recorded on the company's balance sheet. Investors also form their own opinion of Robert Half's value that differs from its market value or its book value, called intrinsic value, which is Robert Half'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 Robert Half's market value can be influenced by many factors that don't directly affect Robert Half'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 Robert Half's value and its price as these two are different measures arrived at by different means. Investors typically determine if Robert Half is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Robert Half'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.
Robert Half '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 Robert Half'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 Robert Half.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Robert Half on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Robert Half International or generate 0.0% return on investment in Robert Half over 30 days. Robert Half is related to or competes with Kelly Services, Kforce, Korn Ferry, TrueBlue, Heidrick Struggles, Hudson Global, and ManpowerGroup. Robert Half International Inc. provides staffing and risk consulting services in North America, South America, Europe, A... More
Robert Half 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 Robert Half'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 Robert Half International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.29 | |||
| Information Ratio | 0.086 | |||
| Maximum Drawdown | 13.22 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 2.24 |
Robert Half Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Robert Half's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Robert Half's standard deviation. In reality, there are many statistical measures that can use Robert Half historical prices to predict the future Robert Half's volatility.| Risk Adjusted Performance | 0.1248 | |||
| Jensen Alpha | 0.0793 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1238 | |||
| Treynor Ratio | 0.1661 |
Robert Half International Backtested Returns
Robert Half appears to be very steady, given 3 months investment horizon. Robert Half International maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Robert Half International, which you can use to evaluate the volatility of the company. Please evaluate Robert Half's Risk Adjusted Performance of 0.1248, semi deviation of 1.02, and Coefficient Of Variation of 642.76 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Robert Half holds a performance score of 12. The company holds a Beta of 1.67, which implies 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, Robert Half will likely underperform. Please check Robert Half's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Robert Half's historical price patterns will revert.
Auto-correlation | 0.30 |
Below average predictability
Robert Half International has below average predictability. Overlapping area represents the amount of predictability between Robert Half time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Robert Half International price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Robert Half price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 2.72 |
Robert Half International lagged returns against current returns
Autocorrelation, which is Robert Half 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 Robert Half's stock expected returns. We can calculate the autocorrelation of Robert Half returns to help us make a trade decision. For example, suppose you find that Robert Half 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 |
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Robert Half 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 Robert Half stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Robert Half stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Robert Half stock over time.
Current vs Lagged Prices |
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Robert Half Lagged Returns
When evaluating Robert Half's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Robert Half stock have on its future price. Robert Half 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, Robert Half autocorrelation shows the relationship between Robert Half stock current value and its past values and can show if there is a momentum factor associated with investing in Robert Half International.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Robert Half International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Robert Half'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 Robert Half International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Robert Half International Stock:Check out Robert Half Correlation, Robert Half Volatility and Robert Half Alpha and Beta module to complement your research on Robert Half. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Robert Half 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.