Humatech Stock Market Value
| HUMT Stock | USD 0 0.00 0.00% |
| Symbol | Humatech |
Humatech Price To Book Ratio
Is Fertilizers & Agricultural Chemicals 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 Humatech. If investors know Humatech 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 Humatech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.046 | Quarterly Revenue Growth 0.064 | Return On Assets (1.01) |
The market value of Humatech is measured differently than its book value, which is the value of Humatech that is recorded on the company's balance sheet. Investors also form their own opinion of Humatech's value that differs from its market value or its book value, called intrinsic value, which is Humatech'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 Humatech's market value can be influenced by many factors that don't directly affect Humatech'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 Humatech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Humatech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Humatech'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.
Humatech '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 Humatech'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 Humatech.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Humatech on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Humatech or generate 0.0% return on investment in Humatech over 720 days. Humatech is related to or competes with TFI International, Franklin Wireless, Apogee Enterprises, Fossil, Lindblad Expeditions, Verra Mobility, and Bausch Lomb. Humatech, Inc. engages in mining, extracting, and processing humic acids for applications in animal feed and agriculture More
Humatech 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 Humatech'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 Humatech upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1224 | |||
| Maximum Drawdown | 1700.0 |
Humatech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Humatech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Humatech's standard deviation. In reality, there are many statistical measures that can use Humatech historical prices to predict the future Humatech's volatility.| Risk Adjusted Performance | 0.1041 | |||
| Jensen Alpha | 20.99 | |||
| Total Risk Alpha | (9.18) | |||
| Treynor Ratio | 0.69 |
Humatech Backtested Returns
Humatech is out of control given 3 months investment horizon. Humatech holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have collected data for sixteen different technical indicators, which can help you to evaluate if expected returns of 15.38% are justified by taking the suggested risk. Use Humatech Risk Adjusted Performance of 0.1041, standard deviation of 209.26, and Market Risk Adjusted Performance of 0.7 to evaluate company specific risk that cannot be diversified away. Humatech holds a performance score of 9 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 37.32, 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, Humatech will likely underperform. Use Humatech variance and rate of daily change , to analyze future returns on Humatech.
Auto-correlation | 0.55 |
Modest predictability
Humatech has modest predictability. Overlapping area represents the amount of predictability between Humatech time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 Humatech price movement. The serial correlation of 0.55 indicates that about 55.0% of current Humatech price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Humatech lagged returns against current returns
Autocorrelation, which is Humatech 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 Humatech's stock expected returns. We can calculate the autocorrelation of Humatech returns to help us make a trade decision. For example, suppose you find that Humatech 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 |
Humatech 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 Humatech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Humatech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Humatech stock over time.
Current vs Lagged Prices |
| Timeline |
Humatech Lagged Returns
When evaluating Humatech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Humatech stock have on its future price. Humatech 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, Humatech autocorrelation shows the relationship between Humatech stock current value and its past values and can show if there is a momentum factor associated with investing in Humatech.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Humatech Stock Analysis
When running Humatech's price analysis, check to measure Humatech'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 Humatech is operating at the current time. Most of Humatech's value examination focuses on studying past and present price action to predict the probability of Humatech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Humatech's price. Additionally, you may evaluate how the addition of Humatech to your portfolios can decrease your overall portfolio volatility.