Howard Hughes Etf Market Value
| HHH Etf | USD 73.38 1.46 2.03% |
| Symbol | Howard |
The market value of Howard Hughes is measured differently than its book value, which is the value of Howard that is recorded on the company's balance sheet. Investors also form their own opinion of Howard Hughes' value that differs from its market value or its book value, called intrinsic value, which is Howard Hughes' 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 Howard Hughes' market value can be influenced by many factors that don't directly affect Howard Hughes' 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 Howard Hughes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Howard Hughes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Howard Hughes' 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.
Howard Hughes '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 Howard Hughes' etf 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 Howard Hughes.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Howard Hughes on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Howard Hughes or generate 0.0% return on investment in Howard Hughes over 90 days. Howard Hughes is related to or competes with New York, FT Vest, Zillow Group, Northern Lights, VanEck Vectors, and Freedom Day. The index tracks the performance of the exchange-listed equities of companies across the globe that engage in Real Estat... More
Howard Hughes 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 Howard Hughes' etf 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 Howard Hughes upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 18.38 | |||
| Value At Risk | (2.51) | |||
| Potential Upside | 2.3 |
Howard Hughes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Howard Hughes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Howard Hughes' standard deviation. In reality, there are many statistical measures that can use Howard Hughes historical prices to predict the future Howard Hughes' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | 0.0806 | |||
| Treynor Ratio | (0.25) |
Howard Hughes Backtested Returns
Howard Hughes holds Efficiency (Sharpe) Ratio of -0.0628, which attests that the entity had a -0.0628 % return per unit of risk over the last 3 months. Howard Hughes exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Howard Hughes' Risk Adjusted Performance of (0.07), market risk adjusted performance of (0.24), and Standard Deviation of 2.3 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.83, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Howard Hughes' returns are expected to increase less than the market. However, during the bear market, the loss of holding Howard Hughes is expected to be smaller as well.
Auto-correlation | 0.36 |
Below average predictability
Howard Hughes has below average predictability. Overlapping area represents the amount of predictability between Howard Hughes time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Howard Hughes price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Howard Hughes price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 3.6 |
Howard Hughes lagged returns against current returns
Autocorrelation, which is Howard Hughes etf'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 Howard Hughes' etf expected returns. We can calculate the autocorrelation of Howard Hughes returns to help us make a trade decision. For example, suppose you find that Howard Hughes has exhibited high autocorrelation historically, and you observe that the etf 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 |
Howard Hughes 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 Howard Hughes etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Howard Hughes etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Howard Hughes etf over time.
Current vs Lagged Prices |
| Timeline |
Howard Hughes Lagged Returns
When evaluating Howard Hughes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Howard Hughes etf have on its future price. Howard Hughes 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, Howard Hughes autocorrelation shows the relationship between Howard Hughes etf current value and its past values and can show if there is a momentum factor associated with investing in Howard Hughes.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Howard Etf
Howard Hughes financial ratios help investors to determine whether Howard Etf 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 Howard with respect to the benefits of owning Howard Hughes security.