Hudson Technologies Stock Market Value
| HDSN Stock | USD 10.70 0.04 0.37% |
| Symbol | Hudson |
Hudson Technologies Price To Book Ratio
Is Hudson Technologies' industry 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 Hudson Technologies. If investors know Hudson 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 Hudson Technologies 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 (0.21) | Earnings Share 1.1 | Revenue Per Share 6.368 | Quarterly Revenue Growth (0.06) | Return On Assets 0.1717 |
The market value of Hudson Technologies is measured differently than its book value, which is the value of Hudson that is recorded on the company's balance sheet. Investors also form their own opinion of Hudson Technologies' value that differs from its market value or its book value, called intrinsic value, which is Hudson Technologies' 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 Hudson Technologies' market value can be influenced by many factors that don't directly affect Hudson Technologies' 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 Hudson Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hudson Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hudson Technologies' 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.
Hudson Technologies '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 Hudson Technologies' 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 Hudson Technologies.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Hudson Technologies on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Hudson Technologies or generate 0.0% return on investment in Hudson Technologies over 30 days. Hudson Technologies is related to or competes with Sensient Technologies, Innospec, H B, Quaker Chemical, Oil Dri, Minerals Technologies, and NewMarket. Hudson Technologies, Inc. a refrigerant services company, provides solutions to recurring problems within the refrigerat... More
Hudson Technologies 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 Hudson Technologies' 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 Hudson Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 27.94 | |||
| Value At Risk | (3.44) | |||
| Potential Upside | 3.56 |
Hudson Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hudson Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hudson Technologies' standard deviation. In reality, there are many statistical measures that can use Hudson Technologies historical prices to predict the future Hudson Technologies' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (0.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hudson Technologies' 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.
Hudson Technologies Backtested Returns
Hudson Technologies holds Efficiency (Sharpe) Ratio of -0.0334, which attests that the entity had a -0.0334% return per unit of risk over the last 3 months. Hudson Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hudson Technologies' Risk Adjusted Performance of (0.01), standard deviation of 3.22, and Market Risk Adjusted Performance of (0.21) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.55, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hudson Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Hudson Technologies is expected to be smaller as well. Hudson Technologies has an expected return of -0.11%. Please make sure to check out Hudson Technologies treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Hudson Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Hudson Technologies has insignificant reverse predictability. Overlapping area represents the amount of predictability between Hudson Technologies time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 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 Hudson Technologies price movement. The serial correlation of -0.17 indicates that over 17.0% of current Hudson Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Hudson Technologies lagged returns against current returns
Autocorrelation, which is Hudson Technologies 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 Hudson Technologies' stock expected returns. We can calculate the autocorrelation of Hudson Technologies returns to help us make a trade decision. For example, suppose you find that Hudson Technologies 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 |
Hudson Technologies 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 Hudson Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hudson Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hudson Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Hudson Technologies Lagged Returns
When evaluating Hudson Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hudson Technologies stock have on its future price. Hudson Technologies 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, Hudson Technologies autocorrelation shows the relationship between Hudson Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Hudson Technologies.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hudson Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hudson Technologies' short interest history, or implied volatility extrapolated from Hudson Technologies options trading.
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Try AI Portfolio ArchitectCheck out Hudson Technologies Correlation, Hudson Technologies Volatility and Hudson Technologies Alpha and Beta module to complement your research on Hudson Technologies. To learn how to invest in Hudson Stock, please use our How to Invest in Hudson Technologies guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Hudson Stock analysis
When running Hudson Technologies' price analysis, check to measure Hudson Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hudson Technologies is operating at the current time. Most of Hudson Technologies' value examination focuses on studying past and present price action to predict the probability of Hudson Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hudson Technologies' price. Additionally, you may evaluate how the addition of Hudson Technologies to your portfolios can decrease your overall portfolio volatility.
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Hudson Technologies 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.