Haier Smart (Germany) Market Value

690D Stock   1.72  0.01  0.58%   
Haier Smart's market value is the price at which a share of Haier Smart trades on a public exchange. It measures the collective expectations of Haier Smart Home investors about its performance. Haier Smart is selling for under 1.72 as of the 29th of November 2024; that is 0.58 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 1.72.
With this module, you can estimate the performance of a buy and hold strategy of Haier Smart Home and determine expected loss or profit from investing in Haier Smart over a given investment horizon. Check out Haier Smart Correlation, Haier Smart Volatility and Haier Smart Alpha and Beta module to complement your research on Haier Smart.
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Please note, there is a significant difference between Haier Smart's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haier Smart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haier Smart'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.

Haier Smart '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 Haier Smart'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 Haier Smart.
0.00
10/30/2024
No Change 0.00  0.0 
In 31 days
11/29/2024
0.00
If you would invest  0.00  in Haier Smart on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Haier Smart Home or generate 0.0% return on investment in Haier Smart over 30 days. Haier Smart is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More

Haier Smart 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 Haier Smart'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 Haier Smart Home upside and downside potential and time the market with a certain degree of confidence.

Haier Smart Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Haier Smart's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Haier Smart's standard deviation. In reality, there are many statistical measures that can use Haier Smart historical prices to predict the future Haier Smart's volatility.
Hype
Prediction
LowEstimatedHigh
0.091.733.90
Details
Intrinsic
Valuation
LowRealHigh
0.081.693.86
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Haier Smart Home Backtested Returns

Currently, Haier Smart Home is risky. Haier Smart Home holds Efficiency (Sharpe) Ratio of 0.0897, which attests that the entity had a 0.0897% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Haier Smart Home, which you can use to evaluate the volatility of the firm. Please check out Haier Smart's Market Risk Adjusted Performance of 0.7406, downside deviation of 1.8, and Risk Adjusted Performance of 0.0808 to validate if the risk estimate we provide is consistent with the expected return of 0.19%. Haier Smart has a performance score of 7 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Haier Smart's returns are expected to increase less than the market. However, during the bear market, the loss of holding Haier Smart is expected to be smaller as well. Haier Smart Home right now retains a risk of 2.17%. Please check out Haier Smart downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Haier Smart will be following its current trending patterns.

Auto-correlation

    
  -0.49  

Modest reverse predictability

Haier Smart Home has modest reverse predictability. Overlapping area represents the amount of predictability between Haier Smart time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 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 Haier Smart Home price movement. The serial correlation of -0.49 indicates that about 49.0% of current Haier Smart price fluctuation can be explain by its past prices.
Correlation Coefficient-0.49
Spearman Rank Test-0.25
Residual Average0.0
Price Variance0.0

Haier Smart Home lagged returns against current returns

Autocorrelation, which is Haier Smart 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 Haier Smart's stock expected returns. We can calculate the autocorrelation of Haier Smart returns to help us make a trade decision. For example, suppose you find that Haier Smart 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  

Haier Smart 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 Haier Smart stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Haier Smart stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Haier Smart stock over time.
   Current vs Lagged Prices   
       Timeline  

Haier Smart Lagged Returns

When evaluating Haier Smart's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Haier Smart stock have on its future price. Haier Smart 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, Haier Smart autocorrelation shows the relationship between Haier Smart stock current value and its past values and can show if there is a momentum factor associated with investing in Haier Smart Home.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Haier Stock Analysis

When running Haier Smart's price analysis, check to measure Haier Smart'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 Haier Smart is operating at the current time. Most of Haier Smart's value examination focuses on studying past and present price action to predict the probability of Haier Smart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Haier Smart's price. Additionally, you may evaluate how the addition of Haier Smart to your portfolios can decrease your overall portfolio volatility.