Holcim Argentina (Argentina) Market Value
| HARG Stock | ARS 1,775 35.00 2.01% |
| Symbol | Holcim |
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.
| 12/18/2024 |
| 03/18/2025 |
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.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 14.83 | |||
| Value At Risk | (4.82) | |||
| Potential Upside | 5.62 |
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.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | 0.118 | |||
| Treynor Ratio | 0.6174 |
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 Coefficient | 0.31 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 35.4 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 |
Also Currently Popular
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 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.