Huntsman Stock Market Value
| HUN Stock | USD 24.32 0.50 2.10% |
| Symbol | Huntsman |
Huntsman Price To Book Ratio
Is Huntsman'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 Huntsman. If investors know Huntsman 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 Huntsman 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 (0.90) | Dividend Share 0.95 | Earnings Share (0.10) | Revenue Per Share 34.448 | Quarterly Revenue Growth (0.15) |
The market value of Huntsman is measured differently than its book value, which is the value of Huntsman that is recorded on the company's balance sheet. Investors also form their own opinion of Huntsman's value that differs from its market value or its book value, called intrinsic value, which is Huntsman'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 Huntsman's market value can be influenced by many factors that don't directly affect Huntsman'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 Huntsman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Huntsman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntsman'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.
Huntsman '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 Huntsman'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 Huntsman.
| 04/03/2024 |
| 05/03/2024 |
If you would invest 0.00 in Huntsman on April 3, 2024 and sell it all today you would earn a total of 0.00 from holding Huntsman or generate 0.0% return on investment in Huntsman over 30 days. Huntsman is related to or competes with Green Plains, AdvanSix, Tronox Holdings, Methanex, Valhi, Westlake Chemical, and Braskem SA. Huntsman Corporation manufactures and sells differentiated organic chemical products worldwide More
Huntsman 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 Huntsman'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 Huntsman upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 10.27 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 2.29 |
Huntsman Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Huntsman's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Huntsman's standard deviation. In reality, there are many statistical measures that can use Huntsman historical prices to predict the future Huntsman's volatility.| Risk Adjusted Performance | (0.0006) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Huntsman'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.
Huntsman Backtested Returns
We consider Huntsman very steady. Huntsman holds Efficiency (Sharpe) Ratio of 0.038, which attests that the entity had a 0.038% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Huntsman, which you can use to evaluate the volatility of the firm. Please check out Huntsman's Market Risk Adjusted Performance of (0.01), standard deviation of 1.64, and Risk Adjusted Performance of (0.0006) to validate if the risk estimate we provide is consistent with the expected return of 0.0622%. Huntsman has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.7, 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, Huntsman will likely underperform. Huntsman right now retains a risk of 1.63%. Please check out Huntsman information ratio, potential upside, as well as the relationship between the Potential Upside and rate of daily change , to decide if Huntsman will be following its current trending patterns.
Auto-correlation | -0.35 |
Poor reverse predictability
Huntsman has poor reverse predictability. Overlapping area represents the amount of predictability between Huntsman time series from 3rd of April 2024 to 18th of April 2024 and 18th of April 2024 to 3rd 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 Huntsman price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Huntsman price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Huntsman lagged returns against current returns
Autocorrelation, which is Huntsman 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 Huntsman's stock expected returns. We can calculate the autocorrelation of Huntsman returns to help us make a trade decision. For example, suppose you find that Huntsman 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 |
Huntsman 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 Huntsman stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Huntsman stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Huntsman stock over time.
Current vs Lagged Prices |
| Timeline |
Huntsman Lagged Returns
When evaluating Huntsman's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Huntsman stock have on its future price. Huntsman 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, Huntsman autocorrelation shows the relationship between Huntsman stock current value and its past values and can show if there is a momentum factor associated with investing in Huntsman.
Regressed Prices |
| Timeline |
Huntsman Investors Sentiment
The influence of Huntsman's 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 Huntsman. 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 Huntsman's public news can be used to forecast risks associated with an investment in Huntsman. The trend in average sentiment can be used to explain how an investor holding Huntsman can time the market purely based on public headlines and social activities around Huntsman. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Huntsman's 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 Huntsman's 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 Huntsman's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Huntsman.
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 Huntsman 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, Huntsman's short interest history, or implied volatility extrapolated from Huntsman options trading.
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Try AI Portfolio ArchitectCheck out Huntsman Correlation, Huntsman Volatility and Huntsman Alpha and Beta module to complement your research on Huntsman. To learn how to invest in Huntsman Stock, please use our How to Invest in Huntsman guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Huntsman Stock analysis
When running Huntsman's price analysis, check to measure Huntsman'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 Huntsman is operating at the current time. Most of Huntsman's value examination focuses on studying past and present price action to predict the probability of Huntsman's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Huntsman's price. Additionally, you may evaluate how the addition of Huntsman to your portfolios can decrease your overall portfolio volatility.
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