Husqvarna Ab Stock Market Value
HSQVY Stock | USD 17.17 0.17 1.00% |
Symbol | Husqvarna |
Husqvarna '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 Husqvarna'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 Husqvarna.
02/27/2024 |
| 03/28/2024 |
If you would invest 0.00 in Husqvarna on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Husqvarna AB or generate 0.0% return on investment in Husqvarna over 30 days. Husqvarna is related to or competes with Snap On, Lincoln Electric, Stanley Black, Toro, RBC Bearings, and Deckers Outdoor. Husqvarna AB produces and sells outdoor power products, watering products, and cutting and surface preparation equipment More
Husqvarna 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 Husqvarna'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 Husqvarna AB upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 2.05 | |||
Information Ratio | (0.06) | |||
Maximum Drawdown | 6.97 | |||
Value At Risk | (2.46) | |||
Potential Upside | 2.8 |
Husqvarna Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Husqvarna's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Husqvarna's standard deviation. In reality, there are many statistical measures that can use Husqvarna historical prices to predict the future Husqvarna's volatility.Risk Adjusted Performance | 0.0179 | |||
Jensen Alpha | 0.0611 | |||
Total Risk Alpha | (0.37) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | (0.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Husqvarna'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.
Husqvarna AB Backtested Returns
We consider Husqvarna not too volatile. Husqvarna AB holds Efficiency (Sharpe) Ratio of 0.0413, which attests that the entity had a 0.0413% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Husqvarna AB, which you can use to evaluate the volatility of the firm. Please check out Husqvarna's Downside Deviation of 2.05, market risk adjusted performance of (0.08), and Risk Adjusted Performance of 0.0179 to validate if the risk estimate we provide is consistent with the expected return of 0.0744%. Husqvarna has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.29, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Husqvarna are expected to decrease at a much lower rate. During the bear market, Husqvarna is likely to outperform the market. Husqvarna AB right now retains a risk of 1.8%. Please check out Husqvarna expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Husqvarna will be following its current trending patterns.
Auto-correlation | 0.28 |
Poor predictability
Husqvarna AB has poor predictability. Overlapping area represents the amount of predictability between Husqvarna time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Husqvarna AB price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Husqvarna price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.28 | |
Spearman Rank Test | -0.14 | |
Residual Average | 0.0 | |
Price Variance | 0.17 |
Husqvarna AB lagged returns against current returns
Autocorrelation, which is Husqvarna 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 Husqvarna's pink sheet expected returns. We can calculate the autocorrelation of Husqvarna returns to help us make a trade decision. For example, suppose you find that Husqvarna 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 |
Husqvarna 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 Husqvarna pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Husqvarna pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Husqvarna pink sheet over time.
Current vs Lagged Prices |
Timeline |
Husqvarna Lagged Returns
When evaluating Husqvarna's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Husqvarna pink sheet have on its future price. Husqvarna 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, Husqvarna autocorrelation shows the relationship between Husqvarna pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Husqvarna AB.
Regressed Prices |
Timeline |
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Complementary Tools for Husqvarna Pink Sheet analysis
When running Husqvarna's price analysis, check to measure Husqvarna'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 Husqvarna is operating at the current time. Most of Husqvarna's value examination focuses on studying past and present price action to predict the probability of Husqvarna's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Husqvarna's price. Additionally, you may evaluate how the addition of Husqvarna to your portfolios can decrease your overall portfolio volatility.
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Husqvarna 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.