HORNBACH Baumarkt (Germany) Market Value
| HBM Stock | EUR 64.00 0.50 0.78% |
| Symbol | HORNBACH |
HORNBACH Baumarkt '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 HORNBACH Baumarkt'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 HORNBACH Baumarkt.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in HORNBACH Baumarkt on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding HORNBACH Baumarkt AG or generate 0.0% return on investment in HORNBACH Baumarkt over 90 days. HORNBACH Baumarkt is related to or competes with Luckin Coffee, BJs Restaurants, Yuexiu Transport, Fukuyama Transporting, Gaztransport Technigaz, Sporting Clube, and USWE SPORTS. More
HORNBACH Baumarkt 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 HORNBACH Baumarkt'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 HORNBACH Baumarkt AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.39 | |||
| Information Ratio | 0.1628 | |||
| Maximum Drawdown | 5.63 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 3.23 |
HORNBACH Baumarkt Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HORNBACH Baumarkt's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HORNBACH Baumarkt's standard deviation. In reality, there are many statistical measures that can use HORNBACH Baumarkt historical prices to predict the future HORNBACH Baumarkt's volatility.| Risk Adjusted Performance | 0.0732 | |||
| Jensen Alpha | 0.1113 | |||
| Total Risk Alpha | 0.3334 | |||
| Sortino Ratio | 0.1706 | |||
| Treynor Ratio | 39.62 |
HORNBACH Baumarkt Backtested Returns
As of now, HORNBACH Stock is very steady. HORNBACH Baumarkt holds Efficiency (Sharpe) Ratio of 0.0442, which attests that the entity had a 0.0442 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for HORNBACH Baumarkt, which you can use to evaluate the volatility of the firm. Please check out HORNBACH Baumarkt's market risk adjusted performance of 39.63, and Risk Adjusted Performance of 0.0732 to validate if the risk estimate we provide is consistent with the expected return of 0.0641%. HORNBACH Baumarkt has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0028, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HORNBACH Baumarkt's returns are expected to increase less than the market. However, during the bear market, the loss of holding HORNBACH Baumarkt is expected to be smaller as well. HORNBACH Baumarkt currently retains a risk of 1.45%. Please check out HORNBACH Baumarkt sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if HORNBACH Baumarkt will be following its current trending patterns.
Auto-correlation | 0.23 |
Weak predictability
HORNBACH Baumarkt AG has weak predictability. Overlapping area represents the amount of predictability between HORNBACH Baumarkt time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 HORNBACH Baumarkt price movement. The serial correlation of 0.23 indicates that over 23.0% of current HORNBACH Baumarkt price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.94 |
HORNBACH Baumarkt lagged returns against current returns
Autocorrelation, which is HORNBACH Baumarkt 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 HORNBACH Baumarkt's stock expected returns. We can calculate the autocorrelation of HORNBACH Baumarkt returns to help us make a trade decision. For example, suppose you find that HORNBACH Baumarkt 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 |
HORNBACH Baumarkt 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 HORNBACH Baumarkt stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HORNBACH Baumarkt stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HORNBACH Baumarkt stock over time.
Current vs Lagged Prices |
| Timeline |
HORNBACH Baumarkt Lagged Returns
When evaluating HORNBACH Baumarkt's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HORNBACH Baumarkt stock have on its future price. HORNBACH Baumarkt 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, HORNBACH Baumarkt autocorrelation shows the relationship between HORNBACH Baumarkt stock current value and its past values and can show if there is a momentum factor associated with investing in HORNBACH Baumarkt AG.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in HORNBACH Stock
HORNBACH Baumarkt financial ratios help investors to determine whether HORNBACH 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 HORNBACH with respect to the benefits of owning HORNBACH Baumarkt security.