Harley Davidson Stock Market Value
| HOG Stock | USD 33.74 0.28 0.84% |
| Symbol | Harley |
Harley Davidson Price To Book Ratio
Is Motorcycle Manufacturers 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 Harley Davidson. If investors know Harley 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 Harley Davidson 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 (0.34) | Dividend Share 0.683 | Earnings Share 4.49 | Revenue Per Share 41.279 | Quarterly Revenue Growth (0.26) |
The market value of Harley Davidson is measured differently than its book value, which is the value of Harley that is recorded on the company's balance sheet. Investors also form their own opinion of Harley Davidson's value that differs from its market value or its book value, called intrinsic value, which is Harley Davidson'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 Harley Davidson's market value can be influenced by many factors that don't directly affect Harley Davidson'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 Harley Davidson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harley Davidson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harley Davidson'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.
Harley Davidson '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 Harley Davidson'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 Harley Davidson.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Harley Davidson on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Harley Davidson or generate 0.0% return on investment in Harley Davidson over 690 days. Harley Davidson is related to or competes with Vision Marine, Brunswick Corp, Brunswick Corp, Brunswick Corp, Polaris Industries, Ree Automotive, and Thor Industries. The company operates in two segments, Motorcycles and Related Products and Financial Services More
Harley Davidson 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 Harley Davidson'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 Harley Davidson upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 13.61 | |||
| Value At Risk | (3.75) | |||
| Potential Upside | 3.17 |
Harley Davidson Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harley Davidson's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Harley Davidson's standard deviation. In reality, there are many statistical measures that can use Harley Davidson historical prices to predict the future Harley Davidson's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.12) |
Harley Davidson Backtested Returns
Harley Davidson holds Efficiency (Sharpe) Ratio of -0.0562, which attests that the entity had a -0.0562% return per unit of risk over the last 3 months. Harley Davidson exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Harley Davidson's Risk Adjusted Performance of (0.05), market risk adjusted performance of (0.11), and Standard Deviation of 2.19 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.47, 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, Harley Davidson will likely underperform. At this point, Harley Davidson has a negative expected return of -0.13%. Please make sure to check out Harley Davidson's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Harley Davidson performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.03 |
Very weak reverse predictability
Harley Davidson has very weak reverse predictability. Overlapping area represents the amount of predictability between Harley Davidson time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 Harley Davidson price movement. The serial correlation of -0.03 indicates that only 3.0% of current Harley Davidson price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 7.47 |
Harley Davidson lagged returns against current returns
Autocorrelation, which is Harley Davidson 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 Harley Davidson's stock expected returns. We can calculate the autocorrelation of Harley Davidson returns to help us make a trade decision. For example, suppose you find that Harley Davidson 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 |
Harley Davidson 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 Harley Davidson stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Harley Davidson stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Harley Davidson stock over time.
Current vs Lagged Prices |
| Timeline |
Harley Davidson Lagged Returns
When evaluating Harley Davidson's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Harley Davidson stock have on its future price. Harley Davidson 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, Harley Davidson autocorrelation shows the relationship between Harley Davidson stock current value and its past values and can show if there is a momentum factor associated with investing in Harley Davidson.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Harley Davidson is a strong investment it is important to analyze Harley Davidson'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 Harley Davidson's future performance. For an informed investment choice regarding Harley Stock, refer to the following important reports:Check out Harley Davidson Correlation, Harley Davidson Volatility and Harley Davidson Alpha and Beta module to complement your research on Harley Davidson. For more detail on how to invest in Harley Stock please use our How to Invest in Harley Davidson guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Harley Davidson 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.