HANSOH PHARMAC (Germany) Market Value
| 3KY Stock | EUR 2.16 0.06 2.70% |
| Symbol | HANSOH |
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.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in HANSOH PHARMAC on November 22, 2024 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 30 days. HANSOH PHARMAC is related to or competes with Merck, Takeda Pharmaceutical, Guangzhou Baiyunshan, Elanco Animal, ASPEN PHARUNADR, and CanSino Biologics. 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.
| Downside Deviation | 4.09 | |||
| Information Ratio | 0.0056 | |||
| Maximum Drawdown | 25.77 | |||
| Value At Risk | (7.50) | |||
| Potential Upside | 7.89 |
HANSOH PHARMAC Market Risk Indicators
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.| Risk Adjusted Performance | 0.0183 | |||
| Jensen Alpha | 0.0645 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0062 | |||
| Treynor Ratio | (0.06) |
HANSOH PHARMAC HD Backtested Returns
At this point, HANSOH PHARMAC is dangerous. HANSOH PHARMAC HD holds Efficiency (Sharpe) Ratio of 0.013, which attests that the company had a 0.013% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for HANSOH PHARMAC HD, which you can use to evaluate the volatility of the entity. Please check out HANSOH PHARMAC's semi deviation of 3.56, and Market Risk Adjusted Performance of (0.05) to validate if the risk estimate we provide is consistent with the expected return of 0.0588%. HANSOH PHARMAC has a performance score of 1 on a scale of 0 to 100. The firm retains a Market Volatility (i.e., Beta) of -0.76, 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. HANSOH PHARMAC HD at this time retains a risk of 4.53%. Please check out HANSOH PHARMAC coefficient of variation, sortino ratio, potential upside, as well as the relationship between the jensen alpha and maximum drawdown , to decide if HANSOH PHARMAC will be following its current trending patterns.
Auto-correlation | -0.02 |
Very weak reverse predictability
HANSOH PHARMAC HD 00001 has very weak reverse predictability. Overlapping area represents the amount of predictability between HANSOH PHARMAC time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 HANSOH PHARMAC HD price movement. The serial correlation of -0.02 indicates that only 2.0% of current HANSOH PHARMAC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
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.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in HANSOH Stock
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.