Haverty Furniture Companies Stock Market Value
| HVT Stock | USD 32.37 0.29 0.90% |
| Symbol | Haverty |
Haverty Furniture Valuation
Is Haverty Furniture'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 Haverty Furniture. If investors know Haverty 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 Haverty Furniture 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 (0.30) | Dividend Share 1.16 | Earnings Share 3.87 | Revenue Per Share 57.336 | Quarterly Revenue Growth (0.20) |
The market value of Haverty Furniture is measured differently than its book value, which is the value of Haverty that is recorded on the company's balance sheet. Investors also form their own opinion of Haverty Furniture's value that differs from its market value or its book value, called intrinsic value, which is Haverty Furniture'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 Haverty Furniture's market value can be influenced by many factors that don't directly affect Haverty Furniture'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 Haverty Furniture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haverty Furniture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haverty Furniture'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.
Haverty Furniture '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 Haverty Furniture'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 Haverty Furniture.
| 11/06/2023 |
| 12/06/2023 |
If you would invest 0.00 in Haverty Furniture on November 6, 2023 and sell it all today you would earn a total of 0.00 from holding Haverty Furniture Companies or generate 0.0% return on investment in Haverty Furniture over 30 days. Haverty Furniture is related to or competes with LL Flooring, Live Ventures, Macys, and Wayfair. Haverty Furniture Companies, Inc. operates as a specialty retailer of residential furniture and accessories in the Unite... More
Haverty Furniture 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 Haverty Furniture'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 Haverty Furniture Companies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.24 | |||
| Information Ratio | 0.0318 | |||
| Maximum Drawdown | 9.54 | |||
| Value At Risk | (3.78) | |||
| Potential Upside | 3.67 |
Haverty Furniture Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Haverty Furniture's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Haverty Furniture's standard deviation. In reality, there are many statistical measures that can use Haverty Furniture historical prices to predict the future Haverty Furniture's volatility.| Risk Adjusted Performance | 0.0333 | |||
| Jensen Alpha | 0.0725 | |||
| Total Risk Alpha | 0.0767 | |||
| Sortino Ratio | 0.0309 | |||
| Treynor Ratio | 0.0365 |
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Haverty Furniture'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. Please use the tools below to analyze the current value of Haverty Furniture in the context of predictive analytics.
Haverty Furniture Backtested Returns
Haverty Furniture appears to be very steady, given 3 months investment horizon. Haverty Furniture holds Efficiency (Sharpe) Ratio of 0.0958, which attests that the entity had 0.0958% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Haverty Furniture, which you can use to evaluate the future volatility of the firm. Please utilize Haverty Furniture's Downside Deviation of 2.24, market risk adjusted performance of 0.0465, and Risk Adjusted Performance of 0.0333 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Haverty Furniture holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 1.789, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Haverty Furniture will likely underperform. Although it is important to respect Haverty Furniture current price history, it is better to be realistic regarding the information on the equity's current price movements. Our main philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Haverty Furniture technical indicators, you can presently evaluate if the expected return of 0.2% will be sustainable into the future. Please utilizes Haverty Furniture total risk alpha, downside variance, as well as the relationship between the Downside Variance and daily balance of power to make a quick decision on whether Haverty Furniture Companies current trending patterns will revert.
Auto-correlation | 0.75 |
Good predictability
Haverty Furniture Companies has good predictability. Overlapping area represents the amount of predictability between Haverty Furniture time series from 6th of November 2023 to 21st of November 2023 and 21st of November 2023 to 6th of December 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Haverty Furniture price movement. The serial correlation of 0.75 indicates that around 75.0% of current Haverty Furniture price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.58 |
Haverty Furniture lagged returns against current returns
Autocorrelation, which is Haverty Furniture 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 Haverty Furniture's stock expected returns. We can calculate the autocorrelation of Haverty Furniture returns to help us make a trade decision. For example, suppose you find that Haverty Furniture stock 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 stock movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Haverty Furniture 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 Haverty Furniture stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Haverty Furniture stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Haverty Furniture stock over time.
Current vs Lagged Prices |
| Timeline |
Haverty Furniture Lagged Returns
When evaluating Haverty Furniture's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Haverty Furniture stock have on its future price. Haverty Furniture 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, Haverty Furniture autocorrelation shows the relationship between Haverty Furniture stock current value and its past values and can show if there is a momentum factor associated with investing in Haverty Furniture Companies.
Regressed Prices |
| Timeline |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Haverty Furniture without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Efficient Frontier Now
Efficient FrontierPlot and analyze your portfolio and positions against risk-return landscape of the market. |
| All Next | Launch Module |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Haverty Furniture using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Haverty Furniture Correlation, Haverty Furniture Volatility and Haverty Furniture Alpha and Beta module to complement your research on Haverty Furniture. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Haverty Stock analysis
When running Haverty Furniture's price analysis, check to measure Haverty Furniture'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 Haverty Furniture is operating at the current time. Most of Haverty Furniture's value examination focuses on studying past and present price action to predict the probability of Haverty Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Haverty Furniture's price. Additionally, you may evaluate how the addition of Haverty Furniture to your portfolios can decrease your overall portfolio volatility.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |
Haverty Furniture 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.