Haulotte Group (France) Market Value
| PIG Stock | EUR 2.64 0.02 0.75% |
| Symbol | Haulotte |
Haulotte Group '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 Haulotte Group'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 Haulotte Group.
| 12/05/2023 |
| 11/29/2024 |
If you would invest 0.00 in Haulotte Group on December 5, 2023 and sell it all today you would earn a total of 0.00 from holding Haulotte Group SA or generate 0.0% return on investment in Haulotte Group over 360 days. Haulotte Group is related to or competes with Manitou BF, NRJ, Etablissements Maurel, Trigano SA, and Bnteau SA. Haulotte Group SA, through its subsidiaries, designs, manufactures, and sells people and material lifting equipment More
Haulotte Group 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 Haulotte Group'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 Haulotte Group SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 19.76 | |||
| Value At Risk | (3.39) | |||
| Potential Upside | 3.75 |
Haulotte Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Haulotte Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Haulotte Group's standard deviation. In reality, there are many statistical measures that can use Haulotte Group historical prices to predict the future Haulotte Group's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (1.20) |
Haulotte Group SA Backtested Returns
Haulotte Group SA holds Efficiency (Sharpe) Ratio of -0.0462, which attests that the entity had a -0.0462% return per unit of risk over the last 3 months. Haulotte Group SA exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Haulotte Group's Risk Adjusted Performance of (0.03), market risk adjusted performance of (1.19), and Standard Deviation of 2.66 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Haulotte Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Haulotte Group is expected to be smaller as well. At this point, Haulotte Group SA has a negative expected return of -0.12%. Please make sure to check out Haulotte Group's kurtosis, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Haulotte Group SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.29 |
Weak reverse predictability
Haulotte Group SA has weak reverse predictability. Overlapping area represents the amount of predictability between Haulotte Group time series from 5th of December 2023 to 2nd of June 2024 and 2nd of June 2024 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 Haulotte Group SA price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Haulotte Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Haulotte Group SA lagged returns against current returns
Autocorrelation, which is Haulotte Group 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 Haulotte Group's stock expected returns. We can calculate the autocorrelation of Haulotte Group returns to help us make a trade decision. For example, suppose you find that Haulotte Group 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 |
Haulotte Group 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 Haulotte Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Haulotte Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Haulotte Group stock over time.
Current vs Lagged Prices |
| Timeline |
Haulotte Group Lagged Returns
When evaluating Haulotte Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Haulotte Group stock have on its future price. Haulotte Group 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, Haulotte Group autocorrelation shows the relationship between Haulotte Group stock current value and its past values and can show if there is a momentum factor associated with investing in Haulotte Group SA.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Haulotte Stock
Haulotte Group financial ratios help investors to determine whether Haulotte 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 Haulotte with respect to the benefits of owning Haulotte Group security.