Hansa Trust (UK) Market Value
| HAN Stock | 228.00 9.00 3.80% |
| Symbol | Hansa |
Hansa Trust '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 Hansa Trust'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 Hansa Trust.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Hansa Trust on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Hansa Trust or generate 0.0% return on investment in Hansa Trust over 90 days. Hansa Trust is related to or competes with Gaming Realms, Zegona Communications, Spirent Communications, Tata Steel, Games Workshop, Hochschild Mining, and Foresight Environmental. Hansa Trust is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Hansa Trust 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 Hansa Trust'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 Hansa Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1077 | |||
| Maximum Drawdown | 2.95 | |||
| Value At Risk | (0.42) | |||
| Potential Upside | 0.4252 |
Hansa Trust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hansa Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hansa Trust's standard deviation. In reality, there are many statistical measures that can use Hansa Trust historical prices to predict the future Hansa Trust's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | 0.0353 | |||
| Treynor Ratio | 0.7596 |
Hansa Trust Backtested Returns
Hansa Trust holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1 % return per unit of risk over the last 3 months. Hansa Trust exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hansa Trust's Standard Deviation of 0.6199, risk adjusted performance of (0.05), and Market Risk Adjusted Performance of 0.7696 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0557, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hansa Trust are expected to decrease at a much lower rate. During the bear market, Hansa Trust is likely to outperform the market. At this point, Hansa Trust has a negative expected return of -0.062%. Please make sure to check out Hansa Trust's total risk alpha, skewness, day median price, as well as the relationship between the maximum drawdown and daily balance of power , to decide if Hansa Trust performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Hansa Trust has insignificant reverse predictability. Overlapping area represents the amount of predictability between Hansa Trust time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Hansa Trust price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Hansa Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 3.28 |
Hansa Trust lagged returns against current returns
Autocorrelation, which is Hansa Trust 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 Hansa Trust's stock expected returns. We can calculate the autocorrelation of Hansa Trust returns to help us make a trade decision. For example, suppose you find that Hansa Trust 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 |
Hansa Trust 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 Hansa Trust stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hansa Trust stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hansa Trust stock over time.
Current vs Lagged Prices |
| Timeline |
Hansa Trust Lagged Returns
When evaluating Hansa Trust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hansa Trust stock have on its future price. Hansa Trust 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, Hansa Trust autocorrelation shows the relationship between Hansa Trust stock current value and its past values and can show if there is a momentum factor associated with investing in Hansa Trust.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Hansa Stock
Hansa Trust financial ratios help investors to determine whether Hansa 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 Hansa with respect to the benefits of owning Hansa Trust security.