Henkel Ag Co Stock Market Value
| HELKF Stock | USD 76.19 2.19 2.96% |
| Symbol | Henkel |
Henkel AG '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 Henkel AG's pink sheet 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 Henkel AG.
| 12/10/2022 |
| 11/29/2024 |
If you would invest 0.00 in Henkel AG on December 10, 2022 and sell it all today you would earn a total of 0.00 from holding Henkel AG Co or generate 0.0% return on investment in Henkel AG over 720 days. Henkel AG is related to or competes with European Wax, Edgewell Personal, Inter Parfums, Mannatech Incorporated, Nu Skin, Helen Of, and Spectrum Brands. KGaA, together with its subsidiaries, engages in the adhesive technologies, beauty care, and laundry and home care busin... More
Henkel AG 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 Henkel AG's pink sheet 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 Henkel AG Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 12.85 | |||
| Value At Risk | (0.04) | |||
| Potential Upside | 2.96 |
Henkel AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Henkel AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Henkel AG's standard deviation. In reality, there are many statistical measures that can use Henkel AG historical prices to predict the future Henkel AG's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.77) |
Henkel AG Backtested Returns
Henkel AG holds Efficiency (Sharpe) Ratio of -0.0275, which attests that the entity had a -0.0275% return per unit of risk over the last 3 months. Henkel AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Henkel AG's Standard Deviation of 1.65, market risk adjusted performance of (0.76), and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0701, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Henkel AG's returns are expected to increase less than the market. However, during the bear market, the loss of holding Henkel AG is expected to be smaller as well. At this point, Henkel AG has a negative expected return of -0.0464%. Please make sure to check out Henkel AG's accumulation distribution, and the relationship between the value at risk and day typical price , to decide if Henkel AG performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.56 |
Modest predictability
Henkel AG Co has modest predictability. Overlapping area represents the amount of predictability between Henkel AG time series from 10th of December 2022 to 5th of December 2023 and 5th of December 2023 to 29th 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 Henkel AG price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Henkel AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 16.78 |
Henkel AG lagged returns against current returns
Autocorrelation, which is Henkel AG pink sheet'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 Henkel AG's pink sheet expected returns. We can calculate the autocorrelation of Henkel AG returns to help us make a trade decision. For example, suppose you find that Henkel AG has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Henkel AG 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 Henkel AG pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Henkel AG pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Henkel AG pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Henkel AG Lagged Returns
When evaluating Henkel AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Henkel AG pink sheet have on its future price. Henkel AG 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, Henkel AG autocorrelation shows the relationship between Henkel AG pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Henkel AG Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Henkel Pink Sheet
Henkel AG financial ratios help investors to determine whether Henkel Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Henkel with respect to the benefits of owning Henkel AG security.