Highwood Asset Management Stock Market Value
| HAM Stock | 6.02 0.09 1.52% |
| Symbol | Highwood |
Highwood Asset '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 Highwood Asset'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 Highwood Asset.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Highwood Asset on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Highwood Asset Management or generate 0.0% return on investment in Highwood Asset over 30 days. Highwood Asset is related to or competes with Walmart, Amazon CDR, Berkshire Hathaway, UnitedHealth Group, Apple, CVS HEALTH, and Exxon. Highwood Asset is entity of Canada. It is traded as Stock on V exchange. More
Highwood Asset 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 Highwood Asset'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 Highwood Asset Management upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 8.95 | |||
| Value At Risk | (3.67) | |||
| Potential Upside | 2.74 |
Highwood Asset Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Highwood Asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Highwood Asset's standard deviation. In reality, there are many statistical measures that can use Highwood Asset historical prices to predict the future Highwood Asset's volatility.| Risk Adjusted Performance | 0.0027 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 0.3582 |
Highwood Asset Management Backtested Returns
At this stage we consider Highwood Stock to be somewhat reliable. Highwood Asset Management holds Efficiency (Sharpe) Ratio of 0.0255, which attests that the entity had a 0.0255% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Highwood Asset Management, which you can use to evaluate the volatility of the firm. Please check out Highwood Asset's Market Risk Adjusted Performance of 0.3682, risk adjusted performance of 0.0027, and Standard Deviation of 2.04 to validate if the risk estimate we provide is consistent with the expected return of 0.0519%. Highwood Asset has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0542, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Highwood Asset are expected to decrease at a much lower rate. During the bear market, Highwood Asset is likely to outperform the market. Highwood Asset Management right now retains a risk of 2.04%. Please check out Highwood Asset jensen alpha, as well as the relationship between the skewness and day median price , to decide if Highwood Asset will be following its current trending patterns.
Auto-correlation | 0.50 |
Modest predictability
Highwood Asset Management has modest predictability. Overlapping area represents the amount of predictability between Highwood Asset time series from 1st of November 2024 to 16th of November 2024 and 16th of November 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 Highwood Asset Management price movement. The serial correlation of 0.5 indicates that about 50.0% of current Highwood Asset price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Highwood Asset Management lagged returns against current returns
Autocorrelation, which is Highwood Asset 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 Highwood Asset's stock expected returns. We can calculate the autocorrelation of Highwood Asset returns to help us make a trade decision. For example, suppose you find that Highwood Asset 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 |
Highwood Asset 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 Highwood Asset stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Highwood Asset stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Highwood Asset stock over time.
Current vs Lagged Prices |
| Timeline |
Highwood Asset Lagged Returns
When evaluating Highwood Asset's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Highwood Asset stock have on its future price. Highwood Asset 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, Highwood Asset autocorrelation shows the relationship between Highwood Asset stock current value and its past values and can show if there is a momentum factor associated with investing in Highwood Asset Management.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Highwood Stock Analysis
When running Highwood Asset's price analysis, check to measure Highwood Asset's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Highwood Asset is operating at the current time. Most of Highwood Asset's value examination focuses on studying past and present price action to predict the probability of Highwood Asset's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Highwood Asset's price. Additionally, you may evaluate how the addition of Highwood Asset to your portfolios can decrease your overall portfolio volatility.