Hutchison Telecommunicatio's market value is the price at which a share of Hutchison Telecommunicatio trades on a public exchange. It measures the collective expectations of Hutchison Telecommunications Hong investors about its performance. Hutchison Telecommunicatio is trading at 0.1 as of the 7th of January 2025. This is a 9.89 percent increase since the beginning of the trading day. The stock's lowest day price was 0.1. With this module, you can estimate the performance of a buy and hold strategy of Hutchison Telecommunications Hong and determine expected loss or profit from investing in Hutchison Telecommunicatio over a given investment horizon. Check out Hutchison Telecommunicatio Correlation, Hutchison Telecommunicatio Volatility and Hutchison Telecommunicatio Alpha and Beta module to complement your research on Hutchison Telecommunicatio.
Please note, there is a significant difference between Hutchison Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hutchison Telecommunicatio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hutchison Telecommunicatio'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.
Hutchison Telecommunicatio '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 Hutchison Telecommunicatio'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 Hutchison Telecommunicatio.
0.00
11/08/2024
No Change 0.00
0.0
In 2 months and 2 days
01/07/2025
0.00
If you would invest 0.00 in Hutchison Telecommunicatio on November 8, 2024 and sell it all today you would earn a total of 0.00 from holding Hutchison Telecommunications Hong or generate 0.0% return on investment in Hutchison Telecommunicatio over 60 days. Hutchison Telecommunicatio is related to or competes with Nippon Telegraph, Superior Plus, NMI Holdings, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. Hutchison Telecommunications Hong Kong Holdings Limited, an investment holding company, provides mobile communication se... More
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Hutchison Telecommunicatio'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 Hutchison Telecommunications Hong 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 Hutchison Telecommunicatio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hutchison Telecommunicatio's standard deviation. In reality, there are many statistical measures that can use Hutchison Telecommunicatio historical prices to predict the future Hutchison Telecommunicatio's volatility.
Hutchison Telecommunicatio appears to be out of control, given 3 months investment horizon. Hutchison Telecommunicatio holds Efficiency (Sharpe) Ratio of 0.0398, which attests that the entity had a 0.0398% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Hutchison Telecommunicatio, which you can use to evaluate the volatility of the firm. Please utilize Hutchison Telecommunicatio's Risk Adjusted Performance of 0.0514, market risk adjusted performance of 1.58, and Downside Deviation of 10.07 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hutchison Telecommunicatio holds a performance score of 3. The company retains a Market Volatility (i.e., Beta) of 0.31, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hutchison Telecommunicatio's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hutchison Telecommunicatio is expected to be smaller as well. Please check Hutchison Telecommunicatio's information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Hutchison Telecommunicatio's current trending patterns will revert.
Auto-correlation
-0.1
Very weak reverse predictability
Hutchison Telecommunications Hong has very weak reverse predictability. Overlapping area represents the amount of predictability between Hutchison Telecommunicatio time series from 8th of November 2024 to 8th of December 2024 and 8th of December 2024 to 7th 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 Hutchison Telecommunicatio price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Hutchison Telecommunicatio price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.1
Spearman Rank Test
-0.27
Residual Average
0.0
Price Variance
0.0
Hutchison Telecommunicatio lagged returns against current returns
Autocorrelation, which is Hutchison Telecommunicatio 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 Hutchison Telecommunicatio's stock expected returns. We can calculate the autocorrelation of Hutchison Telecommunicatio returns to help us make a trade decision. For example, suppose you find that Hutchison Telecommunicatio 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
Hutchison Telecommunicatio 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 Hutchison Telecommunicatio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hutchison Telecommunicatio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hutchison Telecommunicatio stock over time.
Current vs Lagged Prices
Timeline
Hutchison Telecommunicatio Lagged Returns
When evaluating Hutchison Telecommunicatio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hutchison Telecommunicatio stock have on its future price. Hutchison Telecommunicatio 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, Hutchison Telecommunicatio autocorrelation shows the relationship between Hutchison Telecommunicatio stock current value and its past values and can show if there is a momentum factor associated with investing in Hutchison Telecommunications Hong.
Hutchison Telecommunicatio financial ratios help investors to determine whether Hutchison 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 Hutchison with respect to the benefits of owning Hutchison Telecommunicatio security.