Helios Technologies Stock Market Value
HLIO Stock | USD 48.05 1.68 3.62% |
Symbol | Helios |
Helios Technologies Price To Book Ratio
Is Helios 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 Helios Technologies. If investors know Helios 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 Helios 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 (0.81) | Dividend Share 0.36 | Earnings Share 1.14 | Revenue Per Share 25.398 | Quarterly Revenue Growth (0.01) |
The market value of Helios Technologies is measured differently than its book value, which is the value of Helios that is recorded on the company's balance sheet. Investors also form their own opinion of Helios Technologies' value that differs from its market value or its book value, called intrinsic value, which is Helios 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 Helios Technologies' market value can be influenced by many factors that don't directly affect Helios 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 Helios Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Helios Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Helios 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.
Helios 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 Helios 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 Helios Technologies.
04/05/2024 |
| 05/05/2024 |
If you would invest 0.00 in Helios Technologies on April 5, 2024 and sell it all today you would earn a total of 0.00 from holding Helios Technologies or generate 0.0% return on investment in Helios Technologies over 30 days. Helios Technologies is related to or competes with Cummins, Chart Industries, GE Aerospace, Nel ASA, Eaton PLC, Dover, and Illinois Tool. Helios Technologies, Inc., together with its subsidiaries, develops, manufactures, and sells solutions for the hydraulic... More
Helios 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 Helios 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 Helios Technologies upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 2.23 | |||
Information Ratio | 0.0777 | |||
Maximum Drawdown | 12.87 | |||
Value At Risk | (2.76) | |||
Potential Upside | 4.21 |
Helios Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Helios Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Helios Technologies' standard deviation. In reality, there are many statistical measures that can use Helios Technologies historical prices to predict the future Helios Technologies' volatility.Risk Adjusted Performance | 0.0777 | |||
Jensen Alpha | 0.1397 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | 0.0815 | |||
Treynor Ratio | 0.1563 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Helios 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.
Helios Technologies Backtested Returns
Helios Technologies appears to be very steady, given 3 months investment horizon. Helios Technologies holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Helios Technologies, which you can use to evaluate the volatility of the firm. Please utilize Helios Technologies' Risk Adjusted Performance of 0.0777, downside deviation of 2.23, and Market Risk Adjusted Performance of 0.1663 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Helios Technologies holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of 1.61, 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, Helios Technologies will likely underperform. Please check Helios Technologies' semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Helios Technologies' current trending patterns will revert.
Auto-correlation | 0.21 |
Weak predictability
Helios Technologies has weak predictability. Overlapping area represents the amount of predictability between Helios Technologies time series from 5th of April 2024 to 20th of April 2024 and 20th of April 2024 to 5th 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 Helios Technologies price movement. The serial correlation of 0.21 indicates that over 21.0% of current Helios Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.21 | |
Spearman Rank Test | 0.15 | |
Residual Average | 0.0 | |
Price Variance | 1.26 |
Helios Technologies lagged returns against current returns
Autocorrelation, which is Helios 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 Helios Technologies' stock expected returns. We can calculate the autocorrelation of Helios Technologies returns to help us make a trade decision. For example, suppose you find that Helios 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 |
Helios 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 Helios Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Helios Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Helios Technologies stock over time.
Current vs Lagged Prices |
Timeline |
Helios Technologies Lagged Returns
When evaluating Helios Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Helios Technologies stock have on its future price. Helios 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, Helios Technologies autocorrelation shows the relationship between Helios Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Helios Technologies.
Regressed Prices |
Timeline |
Helios Technologies Investors Sentiment
The influence of Helios Technologies' 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 Helios. 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 Helios Technologies' public news can be used to forecast risks associated with an investment in Helios. The trend in average sentiment can be used to explain how an investor holding Helios can time the market purely based on public headlines and social activities around Helios Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Helios Technologies' 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 Helios Technologies' 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 Helios Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Helios Technologies.
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 Helios 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, Helios Technologies' short interest history, or implied volatility extrapolated from Helios Technologies options trading.
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When running Helios Technologies' price analysis, check to measure Helios 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 Helios Technologies is operating at the current time. Most of Helios Technologies' value examination focuses on studying past and present price action to predict the probability of Helios Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Helios Technologies' price. Additionally, you may evaluate how the addition of Helios Technologies to your portfolios can decrease your overall portfolio volatility.
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Helios 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.