Holcim Argentina (Argentina) Market Value

HARG Stock  ARS 1,775  35.00  2.01%   
Holcim Argentina's market value is the price at which a share of Holcim Argentina trades on a public exchange. It measures the collective expectations of Holcim Argentina SA investors about its performance. Holcim Argentina is trading at 1775.00 as of the 18th of March 2025, a 2.01% up since the beginning of the trading day. The stock's open price was 1740.0.
With this module, you can estimate the performance of a buy and hold strategy of Holcim Argentina SA and determine expected loss or profit from investing in Holcim Argentina over a given investment horizon. Check out Holcim Argentina Correlation, Holcim Argentina Volatility and Holcim Argentina Alpha and Beta module to complement your research on Holcim Argentina.
Symbol

Please note, there is a significant difference between Holcim Argentina's value and its price as these two are different measures arrived at by different means. Investors typically determine if Holcim Argentina is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Holcim Argentina'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.

Holcim Argentina '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 Holcim Argentina'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 Holcim Argentina.
0.00
12/18/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/18/2025
0.00
If you would invest  0.00  in Holcim Argentina on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Holcim Argentina SA or generate 0.0% return on investment in Holcim Argentina over 90 days. Holcim Argentina is related to or competes with Ferrum SA, Loma Negra, Wells Fargo, Ternium SA, Harmony Gold, and Verizon Communications. Holcim S.A. produces and markets cement, concrete, and stone aggregates in Argentina More

Holcim Argentina 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 Holcim Argentina'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 Holcim Argentina SA upside and downside potential and time the market with a certain degree of confidence.

Holcim Argentina Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Holcim Argentina's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Holcim Argentina's standard deviation. In reality, there are many statistical measures that can use Holcim Argentina historical prices to predict the future Holcim Argentina's volatility.
Hype
Prediction
LowEstimatedHigh
1,7721,7751,778
Details
Intrinsic
Valuation
LowRealHigh
1,5911,5941,952
Details

Holcim Argentina Backtested Returns

Holcim Argentina holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12 % return per unit of risk over the last 3 months. Holcim Argentina exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Holcim Argentina's Market Risk Adjusted Performance of 0.6274, risk adjusted performance of (0.07), and Standard Deviation of 3.18 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.45, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Holcim Argentina are expected to decrease at a much lower rate. During the bear market, Holcim Argentina is likely to outperform the market. At this point, Holcim Argentina has a negative expected return of -0.37%. Please make sure to check out Holcim Argentina's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Holcim Argentina performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.31  

Below average predictability

Holcim Argentina SA has below average predictability. Overlapping area represents the amount of predictability between Holcim Argentina time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Holcim Argentina price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Holcim Argentina price fluctuation can be explain by its past prices.
Correlation Coefficient0.31
Spearman Rank Test0.1
Residual Average0.0
Price Variance35.4 K

Holcim Argentina lagged returns against current returns

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

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

Holcim Argentina Lagged Returns

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

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Other Information on Investing in Holcim Stock

Holcim Argentina financial ratios help investors to determine whether Holcim 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 Holcim with respect to the benefits of owning Holcim Argentina security.