Hubbell Stock Market Value
| HUBB Stock | USD 398.55 0.00 0.00% |
| Symbol | Hubbell |
Hubbell Price To Book Ratio
Is Hubbell's 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 Hubbell. If investors know Hubbell 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 Hubbell 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 0.633 | Dividend Share 4.58 | Earnings Share 14.05 | Revenue Per Share 100.241 | Quarterly Revenue Growth 0.103 |
The market value of Hubbell is measured differently than its book value, which is the value of Hubbell that is recorded on the company's balance sheet. Investors also form their own opinion of Hubbell's value that differs from its market value or its book value, called intrinsic value, which is Hubbell'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 Hubbell's market value can be influenced by many factors that don't directly affect Hubbell'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 Hubbell's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hubbell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hubbell'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.
Hubbell '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'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.
| 11/02/2022 |
| 04/25/2024 |
If you would invest 0.00 in Hubbell on November 2, 2022 and sell it all today you would earn a total of 0.00 from holding Hubbell or generate 0.0% return on investment in Hubbell over 540 days. Hubbell is related to or competes with Solid Power, Enovix Corp, Microvast Holdings, LiCycle Holdings, and Fluence Energy. Hubbell Incorporated, together with its subsidiaries, designs, manufactures, and sells electrical and electronic product... More
Hubbell 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'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 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.32 | |||
| Information Ratio | 0.1266 | |||
| Maximum Drawdown | 6.32 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 2.66 |
Hubbell Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hubbell's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hubbell's standard deviation. In reality, there are many statistical measures that can use Hubbell historical prices to predict the future Hubbell's volatility.| Risk Adjusted Performance | 0.1258 | |||
| Jensen Alpha | 0.2209 | |||
| Total Risk Alpha | 0.0705 | |||
| Sortino Ratio | 0.1385 | |||
| Treynor Ratio | 0.4878 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hubbell'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 Backtested Returns
Hubbell appears to be very steady, given 3 months investment horizon. Hubbell holds Efficiency (Sharpe) Ratio of 0.22, which attests that the entity had a 0.22% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hubbell, which you can use to evaluate the volatility of the firm. Please utilize Hubbell's Risk Adjusted Performance of 0.1258, market risk adjusted performance of 0.4978, and Downside Deviation of 1.32 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hubbell holds a performance score of 17. 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, Hubbell's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hubbell is expected to be smaller as well. Please check Hubbell's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether Hubbell's current trending patterns will revert.
Auto-correlation | 0.92 |
Excellent predictability
Hubbell has excellent predictability. Overlapping area represents the amount of predictability between Hubbell time series from 2nd of November 2022 to 30th of July 2023 and 30th of July 2023 to 25th 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 Hubbell price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Hubbell price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 1695.49 |
Hubbell lagged returns against current returns
Autocorrelation, which is Hubbell 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's stock expected returns. We can calculate the autocorrelation of Hubbell returns to help us make a trade decision. For example, suppose you find that Hubbell 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 |
Hubbell 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hubbell stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hubbell stock over time.
Current vs Lagged Prices |
| Timeline |
Hubbell Lagged Returns
When evaluating Hubbell's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hubbell stock have on its future price. Hubbell 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 autocorrelation shows the relationship between Hubbell stock current value and its past values and can show if there is a momentum factor associated with investing in Hubbell.
Regressed Prices |
| Timeline |
Hubbell Investors Sentiment
The influence of Hubbell's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hubbell. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Hubbell's public news can be used to forecast risks associated with an investment in Hubbell. The trend in average sentiment can be used to explain how an investor holding Hubbell can time the market purely based on public headlines and social activities around Hubbell. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Hubbell's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hubbell's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hubbell's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hubbell.
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 Hubbell 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, Hubbell's short interest history, or implied volatility extrapolated from Hubbell options trading.
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Try AI Portfolio ArchitectCheck out Hubbell Correlation, Hubbell Volatility and Hubbell Alpha and Beta module to complement your research on Hubbell. For information on how to trade Hubbell Stock refer to our How to Trade Hubbell Stock guide.Note that the Hubbell information on this page should be used as a complementary analysis to other Hubbell's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Hubbell Stock analysis
When running Hubbell's price analysis, check to measure Hubbell'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 Hubbell is operating at the current time. Most of Hubbell's value examination focuses on studying past and present price action to predict the probability of Hubbell's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hubbell's price. Additionally, you may evaluate how the addition of Hubbell to your portfolios can decrease your overall portfolio volatility.
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