HALSTEAD JAMES (Germany) Market Value
| HSJA Stock | EUR 2.20 0.10 4.35% |
| Symbol | HALSTEAD |
HALSTEAD JAMES '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 HALSTEAD JAMES'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 HALSTEAD JAMES.
| 06/18/2024 |
| 12/15/2024 |
If you would invest 0.00 in HALSTEAD JAMES on June 18, 2024 and sell it all today you would earn a total of 0.00 from holding HALSTEAD JAMES LS 05 or generate 0.0% return on investment in HALSTEAD JAMES over 180 days. HALSTEAD JAMES is related to or competes with Motorcar Parts, Geely Automobile, ALGOMA STEEL, GFL ENVIRONM, CarsalesCom, and Grupo Carso. James Halstead plc manufactures and supplies flooring products for commercial and domestic uses in the United Kingdom, r... More
HALSTEAD JAMES 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 HALSTEAD JAMES'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 HALSTEAD JAMES LS 05 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.84 | |||
| Information Ratio | 0.0689 | |||
| Maximum Drawdown | 13.26 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 3.65 |
HALSTEAD JAMES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HALSTEAD JAMES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HALSTEAD JAMES's standard deviation. In reality, there are many statistical measures that can use HALSTEAD JAMES historical prices to predict the future HALSTEAD JAMES's volatility.| Risk Adjusted Performance | 0.0889 | |||
| Jensen Alpha | 0.2255 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0547 | |||
| Treynor Ratio | 1.1 |
HALSTEAD JAMES LS Backtested Returns
HALSTEAD JAMES appears to be unstable, given 3 months investment horizon. HALSTEAD JAMES LS holds Efficiency (Sharpe) Ratio of 0.12, which attests that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for HALSTEAD JAMES LS, which you can use to evaluate the volatility of the entity. Please utilize HALSTEAD JAMES's semi deviation of 2.06, and Downside Deviation of 2.84 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, HALSTEAD JAMES holds a performance score of 9. The firm retains a Market Volatility (i.e., Beta) of 0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HALSTEAD JAMES's returns are expected to increase less than the market. However, during the bear market, the loss of holding HALSTEAD JAMES is expected to be smaller as well. Please check HALSTEAD JAMES's information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether HALSTEAD JAMES's current trending patterns will revert.
Auto-correlation | -0.45 |
Modest reverse predictability
HALSTEAD JAMES LS 05 has modest reverse predictability. Overlapping area represents the amount of predictability between HALSTEAD JAMES time series from 18th of June 2024 to 16th of September 2024 and 16th of September 2024 to 15th 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 HALSTEAD JAMES LS price movement. The serial correlation of -0.45 indicates that just about 45.0% of current HALSTEAD JAMES price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
HALSTEAD JAMES LS lagged returns against current returns
Autocorrelation, which is HALSTEAD JAMES 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 HALSTEAD JAMES's stock expected returns. We can calculate the autocorrelation of HALSTEAD JAMES returns to help us make a trade decision. For example, suppose you find that HALSTEAD JAMES 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 |
HALSTEAD JAMES 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 HALSTEAD JAMES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HALSTEAD JAMES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HALSTEAD JAMES stock over time.
Current vs Lagged Prices |
| Timeline |
HALSTEAD JAMES Lagged Returns
When evaluating HALSTEAD JAMES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HALSTEAD JAMES stock have on its future price. HALSTEAD JAMES 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, HALSTEAD JAMES autocorrelation shows the relationship between HALSTEAD JAMES stock current value and its past values and can show if there is a momentum factor associated with investing in HALSTEAD JAMES LS 05.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in HALSTEAD Stock
HALSTEAD JAMES financial ratios help investors to determine whether HALSTEAD Stock 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 HALSTEAD with respect to the benefits of owning HALSTEAD JAMES security.