Whitehorse Finance Stock Market Value

WHF Stock  USD 10.62  0.19  1.82%   
WhiteHorse Finance's market value is the price at which a share of WhiteHorse Finance trades on a public exchange. It measures the collective expectations of WhiteHorse Finance investors about its performance. WhiteHorse Finance is trading at 10.62 as of the 4th of December 2024. This is a 1.82 percent increase since the beginning of the trading day. The stock's lowest day price was 10.48.
With this module, you can estimate the performance of a buy and hold strategy of WhiteHorse Finance and determine expected loss or profit from investing in WhiteHorse Finance over a given investment horizon. Check out WhiteHorse Finance Correlation, WhiteHorse Finance Volatility and WhiteHorse Finance Alpha and Beta module to complement your research on WhiteHorse Finance.
For more detail on how to invest in WhiteHorse Stock please use our How to Invest in WhiteHorse Finance guide.
Symbol

WhiteHorse Finance Price To Book Ratio

Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WhiteHorse Finance. If investors know WhiteHorse will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WhiteHorse Finance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.02
Dividend Share
1.54
Earnings Share
0.45
Revenue Per Share
4.192
Quarterly Revenue Growth
(0.12)
The market value of WhiteHorse Finance is measured differently than its book value, which is the value of WhiteHorse that is recorded on the company's balance sheet. Investors also form their own opinion of WhiteHorse Finance's value that differs from its market value or its book value, called intrinsic value, which is WhiteHorse Finance's 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 WhiteHorse Finance's market value can be influenced by many factors that don't directly affect WhiteHorse Finance's 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 WhiteHorse Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if WhiteHorse Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WhiteHorse Finance's 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.

WhiteHorse Finance '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 WhiteHorse Finance'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 WhiteHorse Finance.
0.00
09/05/2024
No Change 0.00  0.0 
In 3 months and 1 day
12/04/2024
0.00
If you would invest  0.00  in WhiteHorse Finance on September 5, 2024 and sell it all today you would earn a total of 0.00 from holding WhiteHorse Finance or generate 0.0% return on investment in WhiteHorse Finance over 90 days. WhiteHorse Finance is related to or competes with Monroe Capital, Portman Ridge, Fidus Investment, Diamond Hill, Horizon Technology, Gladstone Capital, and PennantPark Floating. WhiteHorse Finance, Inc. is business development company, non-diversified, closed end management company specializing in... More

WhiteHorse Finance 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 WhiteHorse Finance'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 WhiteHorse Finance upside and downside potential and time the market with a certain degree of confidence.

WhiteHorse Finance Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for WhiteHorse Finance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WhiteHorse Finance's standard deviation. In reality, there are many statistical measures that can use WhiteHorse Finance historical prices to predict the future WhiteHorse Finance's volatility.
Hype
Prediction
LowEstimatedHigh
9.4610.6111.76
Details
Intrinsic
Valuation
LowRealHigh
10.1011.2512.40
Details
Naive
Forecast
LowNextHigh
9.9911.1312.28
Details
5 Analysts
Consensus
LowTargetHigh
12.5613.8015.32
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as WhiteHorse Finance. Your research has to be compared to or analyzed against WhiteHorse Finance's peers to derive any actionable benefits. When done correctly, WhiteHorse Finance's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in WhiteHorse Finance.

WhiteHorse Finance Backtested Returns

WhiteHorse Finance shows Sharpe Ratio of -0.1, which attests that the company had a -0.1% return per unit of risk over the last 3 months. WhiteHorse Finance exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WhiteHorse Finance's Market Risk Adjusted Performance of (11.64), mean deviation of 0.8214, and Standard Deviation of 1.13 to validate the risk estimate we provide. The firm maintains a market beta of 0.0105, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WhiteHorse Finance's returns are expected to increase less than the market. However, during the bear market, the loss of holding WhiteHorse Finance is expected to be smaller as well. At this point, WhiteHorse Finance has a negative expected return of -0.12%. Please make sure to check out WhiteHorse Finance's value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if WhiteHorse Finance performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.18  

Insignificant reverse predictability

WhiteHorse Finance has insignificant reverse predictability. Overlapping area represents the amount of predictability between WhiteHorse Finance time series from 5th of September 2024 to 20th of October 2024 and 20th of October 2024 to 4th 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 WhiteHorse Finance price movement. The serial correlation of -0.18 indicates that over 18.0% of current WhiteHorse Finance price fluctuation can be explain by its past prices.
Correlation Coefficient-0.18
Spearman Rank Test-0.3
Residual Average0.0
Price Variance0.32

WhiteHorse Finance lagged returns against current returns

Autocorrelation, which is WhiteHorse Finance 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 WhiteHorse Finance's stock expected returns. We can calculate the autocorrelation of WhiteHorse Finance returns to help us make a trade decision. For example, suppose you find that WhiteHorse Finance 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  

WhiteHorse Finance 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 WhiteHorse Finance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WhiteHorse Finance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WhiteHorse Finance stock over time.
   Current vs Lagged Prices   
       Timeline  

WhiteHorse Finance Lagged Returns

When evaluating WhiteHorse Finance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WhiteHorse Finance stock have on its future price. WhiteHorse Finance 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, WhiteHorse Finance autocorrelation shows the relationship between WhiteHorse Finance stock current value and its past values and can show if there is a momentum factor associated with investing in WhiteHorse Finance.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

When determining whether WhiteHorse Finance is a strong investment it is important to analyze WhiteHorse Finance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact WhiteHorse Finance's future performance. For an informed investment choice regarding WhiteHorse Stock, refer to the following important reports:
Check out WhiteHorse Finance Correlation, WhiteHorse Finance Volatility and WhiteHorse Finance Alpha and Beta module to complement your research on WhiteHorse Finance.
For more detail on how to invest in WhiteHorse Stock please use our How to Invest in WhiteHorse Finance guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
WhiteHorse Finance technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of WhiteHorse Finance technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of WhiteHorse Finance trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...