Hubbell Incorporated (Germany) Market Value
| HUEC Stock | EUR 304.00 4.00 1.30% |
| Symbol | Hubbell |
Hubbell Incorporated '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 Hubbell Incorporated'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 Hubbell Incorporated.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Hubbell Incorporated on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Hubbell Incorporated or generate 0.0% return on investment in Hubbell Incorporated over 90 days. Hubbell Incorporated is related to or competes with PennantPark Investment, Tamburi Investment, PennyMac Mortgage, Corsair Gaming, CDL INVESTMENT, and RYANAIR HLDGS. Hubbell Incorporated designs, manufactures, and sells electrical and electronic products in the United States and intern... More
Hubbell Incorporated 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 Hubbell Incorporated'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 Hubbell Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 9.88 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 2.46 |
Hubbell Incorporated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hubbell Incorporated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hubbell Incorporated's standard deviation. In reality, there are many statistical measures that can use Hubbell Incorporated historical prices to predict the future Hubbell Incorporated's volatility.| Risk Adjusted Performance | (0.23) | |||
| Jensen Alpha | (0.54) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (5.89) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hubbell Incorporated's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hubbell Incorporated Backtested Returns
Hubbell Incorporated holds Efficiency (Sharpe) Ratio of -0.27, which attests that the entity had a -0.27 % return per unit of risk over the last 3 months. Hubbell Incorporated exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hubbell Incorporated's Risk Adjusted Performance of (0.23), market risk adjusted performance of (5.88), and Standard Deviation of 1.97 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0935, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hubbell Incorporated's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hubbell Incorporated is expected to be smaller as well. At this point, Hubbell Incorporated has a negative expected return of -0.53%. Please make sure to check out Hubbell Incorporated's mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if Hubbell Incorporated performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.07 |
Virtually no predictability
Hubbell Incorporated has virtually no predictability. Overlapping area represents the amount of predictability between Hubbell Incorporated 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 Hubbell Incorporated price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Hubbell Incorporated price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 656.6 |
Hubbell Incorporated lagged returns against current returns
Autocorrelation, which is Hubbell Incorporated 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 Hubbell Incorporated's stock expected returns. We can calculate the autocorrelation of Hubbell Incorporated returns to help us make a trade decision. For example, suppose you find that Hubbell Incorporated 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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Hubbell Incorporated 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 Hubbell Incorporated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hubbell Incorporated stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hubbell Incorporated stock over time.
Current vs Lagged Prices |
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Hubbell Incorporated Lagged Returns
When evaluating Hubbell Incorporated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hubbell Incorporated stock have on its future price. Hubbell Incorporated 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, Hubbell Incorporated autocorrelation shows the relationship between Hubbell Incorporated stock current value and its past values and can show if there is a momentum factor associated with investing in Hubbell Incorporated.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Hubbell Stock
Hubbell Incorporated financial ratios help investors to determine whether Hubbell 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 Hubbell with respect to the benefits of owning Hubbell Incorporated security.