Helen Of Troy Stock Market Value
| HELE Stock | USD 72.51 1.79 2.53% |
| Symbol | Helen |
Helen of Troy Price To Book Ratio
Is Household Appliances space 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 Helen Of. If investors know Helen 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 Helen Of 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 (0.35) | Earnings Share 6.11 | Revenue Per Share 82.271 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0474 |
The market value of Helen of Troy is measured differently than its book value, which is the value of Helen that is recorded on the company's balance sheet. Investors also form their own opinion of Helen Of's value that differs from its market value or its book value, called intrinsic value, which is Helen Of'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 Helen Of's market value can be influenced by many factors that don't directly affect Helen Of'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 Helen Of's value and its price as these two are different measures arrived at by different means. Investors typically determine if Helen Of is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Helen Of'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.
Helen Of '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 Helen Of'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 Helen Of.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Helen Of on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Helen of Troy or generate 0.0% return on investment in Helen Of over 180 days. Helen Of is related to or competes with Inter Parfums, J J, Lancaster Colony, and Dorman Products. Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, ... More
Helen Of 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 Helen Of'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 Helen of Troy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.71 | |||
| Information Ratio | 0.1347 | |||
| Maximum Drawdown | 22.13 | |||
| Value At Risk | (2.54) | |||
| Potential Upside | 3.72 |
Helen Of Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Helen Of's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Helen Of's standard deviation. In reality, there are many statistical measures that can use Helen Of historical prices to predict the future Helen Of's volatility.| Risk Adjusted Performance | 0.1436 | |||
| Jensen Alpha | 0.4199 | |||
| Total Risk Alpha | 0.0692 | |||
| Sortino Ratio | 0.2282 | |||
| Treynor Ratio | 0.6745 |
Helen of Troy Backtested Returns
Helen Of appears to be very steady, given 3 months investment horizon. Helen of Troy holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. By evaluating Helen Of's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize Helen Of's Downside Deviation of 1.71, market risk adjusted performance of 0.6845, and Risk Adjusted Performance of 0.1436 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Helen Of holds a performance score of 13. The company retains a Market Volatility (i.e., Beta) of 0.75, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Helen Of's returns are expected to increase less than the market. However, during the bear market, the loss of holding Helen Of is expected to be smaller as well. Please check Helen Of's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Helen Of's current trending patterns will revert.
Auto-correlation | -0.83 |
Excellent reverse predictability
Helen of Troy has excellent reverse predictability. Overlapping area represents the amount of predictability between Helen Of time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th of November 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 Helen of Troy price movement. The serial correlation of -0.83 indicates that around 83.0% of current Helen Of price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 26.54 |
Helen of Troy lagged returns against current returns
Autocorrelation, which is Helen Of 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 Helen Of's stock expected returns. We can calculate the autocorrelation of Helen Of returns to help us make a trade decision. For example, suppose you find that Helen Of 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 |
Helen Of 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 Helen Of stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Helen Of stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Helen Of stock over time.
Current vs Lagged Prices |
| Timeline |
Helen Of Lagged Returns
When evaluating Helen Of's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Helen Of stock have on its future price. Helen Of 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, Helen Of autocorrelation shows the relationship between Helen Of stock current value and its past values and can show if there is a momentum factor associated with investing in Helen of Troy.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Helen of Troy is a strong investment it is important to analyze Helen Of's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Helen Of's future performance. For an informed investment choice regarding Helen Stock, refer to the following important reports:Check out Helen Of Correlation, Helen Of Volatility and Helen Of Alpha and Beta module to complement your research on Helen Of. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Helen Of 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.