Hornby PLC (UK) Market Value
| HRN Stock | 0.52 0.01 1.96% |
| Symbol | Hornby |
Hornby PLC '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 Hornby PLC'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 Hornby PLC.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Hornby PLC on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Hornby PLC or generate 0.0% return on investment in Hornby PLC over 90 days. Hornby PLC is related to or competes with Jupiter Fund, Delta Air, Charter Communications, Batm Advanced, Pentair PLC, and Zegona Communications. More
Hornby PLC 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 Hornby PLC'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 Hornby PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.29 | |||
| Information Ratio | 0.056 | |||
| Maximum Drawdown | 21.34 | |||
| Value At Risk | (5.66) | |||
| Potential Upside | 8.89 |
Hornby PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hornby PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hornby PLC's standard deviation. In reality, there are many statistical measures that can use Hornby PLC historical prices to predict the future Hornby PLC's volatility.| Risk Adjusted Performance | 0.0944 | |||
| Jensen Alpha | 0.2617 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0496 | |||
| Treynor Ratio | 0.5471 |
Hornby PLC Backtested Returns
Hornby PLC appears to be abnormally volatile, given 3 months investment horizon. Hornby PLC holds Efficiency (Sharpe) Ratio of 0.093, which attests that the entity had a 0.093 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Hornby PLC, which you can use to evaluate the volatility of the firm. Please utilize Hornby PLC's Downside Deviation of 4.29, market risk adjusted performance of 0.5571, and Risk Adjusted Performance of 0.0944 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hornby PLC holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 0.63, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hornby PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hornby PLC is expected to be smaller as well. Please check Hornby PLC's potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to make a quick decision on whether Hornby PLC's current trending patterns will revert.
Auto-correlation | -0.33 |
Poor reverse predictability
Hornby PLC has poor reverse predictability. Overlapping area represents the amount of predictability between Hornby PLC time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hornby PLC price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Hornby PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hornby PLC lagged returns against current returns
Autocorrelation, which is Hornby PLC 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 Hornby PLC's stock expected returns. We can calculate the autocorrelation of Hornby PLC returns to help us make a trade decision. For example, suppose you find that Hornby PLC 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 |
Hornby PLC 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 Hornby PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hornby PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hornby PLC stock over time.
Current vs Lagged Prices |
| Timeline |
Hornby PLC Lagged Returns
When evaluating Hornby PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hornby PLC stock have on its future price. Hornby PLC 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, Hornby PLC autocorrelation shows the relationship between Hornby PLC stock current value and its past values and can show if there is a momentum factor associated with investing in Hornby PLC.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Hornby Stock
Hornby PLC financial ratios help investors to determine whether Hornby Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hornby with respect to the benefits of owning Hornby PLC security.