HANSOH PHARMAC's market value is the price at which a share of HANSOH PHARMAC trades on a public exchange. It measures the collective expectations of HANSOH PHARMAC HD 00001 investors about its performance. HANSOH PHARMAC is trading at 1.97 as of the 10th of January 2025. This is a 2.48% down since the beginning of the trading day. The stock's lowest day price was 1.97. With this module, you can estimate the performance of a buy and hold strategy of HANSOH PHARMAC HD 00001 and determine expected loss or profit from investing in HANSOH PHARMAC over a given investment horizon. Check out HANSOH PHARMAC Correlation, HANSOH PHARMAC Volatility and HANSOH PHARMAC Alpha and Beta module to complement your research on HANSOH PHARMAC.
Please note, there is a significant difference between HANSOH PHARMAC's value and its price as these two are different measures arrived at by different means. Investors typically determine if HANSOH PHARMAC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HANSOH PHARMAC'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.
HANSOH PHARMAC '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 HANSOH PHARMAC'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 HANSOH PHARMAC.
0.00
01/21/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/10/2025
0.00
If you would invest 0.00 in HANSOH PHARMAC on January 21, 2023 and sell it all today you would earn a total of 0.00 from holding HANSOH PHARMAC HD 00001 or generate 0.0% return on investment in HANSOH PHARMAC over 720 days. HANSOH PHARMAC is related to or competes with Laureate Education, DeVry Education, STEEL DYNAMICS, RELIANCE STEEL, Japan Steel, Strategic Education, and American Public. Hansoh Pharmaceutical Group Company Limited, an investment holding company, engages in the research, development, manufa... More
HANSOH PHARMAC 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 HANSOH PHARMAC'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 HANSOH PHARMAC HD 00001 upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for HANSOH PHARMAC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HANSOH PHARMAC's standard deviation. In reality, there are many statistical measures that can use HANSOH PHARMAC historical prices to predict the future HANSOH PHARMAC's volatility.
HANSOH PHARMAC HD holds Efficiency (Sharpe) Ratio of -0.0768, which attests that the company had a -0.0768% return per unit of volatility over the last 3 months. HANSOH PHARMAC HD exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HANSOH PHARMAC's market risk adjusted performance of 0.4078, and Coefficient Of Variation of (2,813) to validate the risk estimate we provide. The firm retains a Market Volatility (i.e., Beta) of -0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning HANSOH PHARMAC are expected to decrease at a much lower rate. During the bear market, HANSOH PHARMAC is likely to outperform the market. At this point, HANSOH PHARMAC HD has a negative expected return of -0.27%. Please make sure to check out HANSOH PHARMAC's jensen alpha, value at risk, accumulation distribution, as well as the relationship between the treynor ratio and skewness , to decide if HANSOH PHARMAC HD performance from the past will be repeated in the future.
Auto-correlation
0.09
Virtually no predictability
HANSOH PHARMAC HD 00001 has virtually no predictability. Overlapping area represents the amount of predictability between HANSOH PHARMAC time series from 21st of January 2023 to 16th of January 2024 and 16th of January 2024 to 10th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of HANSOH PHARMAC HD price movement. The serial correlation of 0.09 indicates that less than 9.0% of current HANSOH PHARMAC price fluctuation can be explain by its past prices.
Correlation Coefficient
0.09
Spearman Rank Test
0.06
Residual Average
0.0
Price Variance
0.12
HANSOH PHARMAC HD lagged returns against current returns
Autocorrelation, which is HANSOH PHARMAC 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 HANSOH PHARMAC's stock expected returns. We can calculate the autocorrelation of HANSOH PHARMAC returns to help us make a trade decision. For example, suppose you find that HANSOH PHARMAC 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
HANSOH PHARMAC 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 HANSOH PHARMAC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HANSOH PHARMAC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HANSOH PHARMAC stock over time.
Current vs Lagged Prices
Timeline
HANSOH PHARMAC Lagged Returns
When evaluating HANSOH PHARMAC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HANSOH PHARMAC stock have on its future price. HANSOH PHARMAC 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, HANSOH PHARMAC autocorrelation shows the relationship between HANSOH PHARMAC stock current value and its past values and can show if there is a momentum factor associated with investing in HANSOH PHARMAC HD 00001.
HANSOH PHARMAC financial ratios help investors to determine whether HANSOH Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in HANSOH with respect to the benefits of owning HANSOH PHARMAC security.