Huhtamaki Oyj (Finland) Market Value
| HUH1V Stock | EUR 36.20 0.14 0.39% |
| Symbol | Huhtamaki |
Huhtamaki Oyj '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 Huhtamaki Oyj'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 Huhtamaki Oyj.
| 03/01/2024 |
| 04/30/2024 |
If you would invest 0.00 in Huhtamaki Oyj on March 1, 2024 and sell it all today you would earn a total of 0.00 from holding Huhtamaki Oyj or generate 0.0% return on investment in Huhtamaki Oyj over 60 days. Huhtamaki Oyj is related to or competes with Valmet Oyj, and Wartsila Oyj. Huhtamki Oyj, through its subsidiaries, manufactures and sells packaging products for food and drinks worldwide More
Huhtamaki Oyj 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 Huhtamaki Oyj'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 Huhtamaki Oyj upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.41 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 10.99 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 1.96 |
Huhtamaki Oyj Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Huhtamaki Oyj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Huhtamaki Oyj's standard deviation. In reality, there are many statistical measures that can use Huhtamaki Oyj historical prices to predict the future Huhtamaki Oyj's volatility.| Risk Adjusted Performance | 0.01 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 2.0E-4 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Huhtamaki Oyj'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.
Huhtamaki Oyj Backtested Returns
We consider Huhtamaki Oyj very steady. Huhtamaki Oyj holds Efficiency (Sharpe) Ratio of 0.0178, which attests that the entity had a 0.0178% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Huhtamaki Oyj, which you can use to evaluate the volatility of the firm. Please check out Huhtamaki Oyj's Risk Adjusted Performance of 0.01, downside deviation of 1.41, and Market Risk Adjusted Performance of 0.0102 to validate if the risk estimate we provide is consistent with the expected return of 0.0288%. Huhtamaki Oyj has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.47, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Huhtamaki Oyj's returns are expected to increase less than the market. However, during the bear market, the loss of holding Huhtamaki Oyj is expected to be smaller as well. Huhtamaki Oyj right now retains a risk of 1.62%. Please check out Huhtamaki Oyj jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to decide if Huhtamaki Oyj will be following its current trending patterns.
Auto-correlation | -0.53 |
Good reverse predictability
Huhtamaki Oyj has good reverse predictability. Overlapping area represents the amount of predictability between Huhtamaki Oyj time series from 1st of March 2024 to 31st of March 2024 and 31st of March 2024 to 30th 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 Huhtamaki Oyj price movement. The serial correlation of -0.53 indicates that about 53.0% of current Huhtamaki Oyj price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.81 |
Huhtamaki Oyj lagged returns against current returns
Autocorrelation, which is Huhtamaki Oyj 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 Huhtamaki Oyj's stock expected returns. We can calculate the autocorrelation of Huhtamaki Oyj returns to help us make a trade decision. For example, suppose you find that Huhtamaki Oyj 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 |
Huhtamaki Oyj 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 Huhtamaki Oyj stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Huhtamaki Oyj stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Huhtamaki Oyj stock over time.
Current vs Lagged Prices |
| Timeline |
Huhtamaki Oyj Lagged Returns
When evaluating Huhtamaki Oyj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Huhtamaki Oyj stock have on its future price. Huhtamaki Oyj 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, Huhtamaki Oyj autocorrelation shows the relationship between Huhtamaki Oyj stock current value and its past values and can show if there is a momentum factor associated with investing in Huhtamaki Oyj.
Regressed Prices |
| Timeline |
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 Huhtamaki Oyj 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, Huhtamaki Oyj's short interest history, or implied volatility extrapolated from Huhtamaki Oyj options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Huhtamaki Oyj Correlation, Huhtamaki Oyj Volatility and Huhtamaki Oyj Alpha and Beta module to complement your research on Huhtamaki Oyj. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Huhtamaki Stock analysis
When running Huhtamaki Oyj's price analysis, check to measure Huhtamaki Oyj'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 Huhtamaki Oyj is operating at the current time. Most of Huhtamaki Oyj's value examination focuses on studying past and present price action to predict the probability of Huhtamaki Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Huhtamaki Oyj's price. Additionally, you may evaluate how the addition of Huhtamaki Oyj to your portfolios can decrease your overall portfolio volatility.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |
Huhtamaki Oyj 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.