Henkel Ag Co Stock Market Value
| HELKF Stock | USD 78.89 8.84 12.62% |
| Symbol | Henkel |
Henkel AG '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 Henkel AG's pink sheet 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 Henkel AG.
| 02/13/2024 |
| 05/13/2024 |
If you would invest 0.00 in Henkel AG on February 13, 2024 and sell it all today you would earn a total of 0.00 from holding Henkel AG Co or generate 0.0% return on investment in Henkel AG over 90 days. Henkel AG is related to or competes with Church Dwight, LOreal Co, Shiseido, Clorox, Colgate Palmolive, Procter Gamble, and Unilever PLC. KGaA, together with its subsidiaries, engages in the adhesive technologies, beauty care, and laundry and home care busin... More
Henkel AG 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 Henkel AG's pink sheet 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 Henkel AG Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1473 | |||
| Maximum Drawdown | 10.53 | |||
| Potential Upside | 2.89 |
Henkel AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Henkel AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Henkel AG's standard deviation. In reality, there are many statistical measures that can use Henkel AG historical prices to predict the future Henkel AG's volatility.| Risk Adjusted Performance | 0.1232 | |||
| Jensen Alpha | 0.3482 | |||
| Total Risk Alpha | 0.1312 | |||
| Treynor Ratio | 1.12 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Henkel AG'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.
Henkel AG Backtested Returns
Henkel AG appears to be very steady, given 3 months investment horizon. Henkel AG holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of risk over the last 3 months. We have found twenty technical indicators for Henkel AG, which you can use to evaluate the volatility of the firm. Please utilize Henkel AG's Market Risk Adjusted Performance of 1.13, risk adjusted performance of 0.1232, and Standard Deviation of 2.03 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Henkel AG holds a performance score of 15. The company retains a Market Volatility (i.e., Beta) of 0.33, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Henkel AG's returns are expected to increase less than the market. However, during the bear market, the loss of holding Henkel AG is expected to be smaller as well. Please check Henkel AG's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to make a quick decision on whether Henkel AG's current trending patterns will revert.
Auto-correlation | 0.32 |
Below average predictability
Henkel AG Co has below average predictability. Overlapping area represents the amount of predictability between Henkel AG time series from 13th of February 2024 to 29th of March 2024 and 29th of March 2024 to 13th of May 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 Henkel AG price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Henkel AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 9.89 |
Henkel AG lagged returns against current returns
Autocorrelation, which is Henkel AG pink sheet'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 Henkel AG's pink sheet expected returns. We can calculate the autocorrelation of Henkel AG returns to help us make a trade decision. For example, suppose you find that Henkel AG has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Henkel AG 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 Henkel AG pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Henkel AG pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Henkel AG pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Henkel AG Lagged Returns
When evaluating Henkel AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Henkel AG pink sheet have on its future price. Henkel AG 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, Henkel AG autocorrelation shows the relationship between Henkel AG pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Henkel AG Co.
Regressed Prices |
| Timeline |
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Complementary Tools for Henkel Pink Sheet analysis
When running Henkel AG's price analysis, check to measure Henkel AG's 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 Henkel AG is operating at the current time. Most of Henkel AG's value examination focuses on studying past and present price action to predict the probability of Henkel AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Henkel AG's price. Additionally, you may evaluate how the addition of Henkel AG to your portfolios can decrease your overall portfolio volatility.
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Henkel AG technical pink sheet 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, pink sheet market cycles, or different charting patterns.