Hosken Consolidated (South Africa) Market Value
| HCI Stock | 13,252 94.00 0.71% |
| Symbol | Hosken |
Hosken Consolidated '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 Hosken Consolidated'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 Hosken Consolidated.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Hosken Consolidated on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Hosken Consolidated Investments or generate 0.0% return on investment in Hosken Consolidated over 90 days. Hosken Consolidated is related to or competes with Reinet Investments, Brimstone Investment, Deneb Investments, ABSA Bank, Astoria Investments, and Kap Industrial. More
Hosken Consolidated 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 Hosken Consolidated'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 Hosken Consolidated Investments upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 5.48 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 1.72 |
Hosken Consolidated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hosken Consolidated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hosken Consolidated's standard deviation. In reality, there are many statistical measures that can use Hosken Consolidated historical prices to predict the future Hosken Consolidated's volatility.| Risk Adjusted Performance | (0.26) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (1.32) |
Hosken Consolidated Backtested Returns
Hosken Consolidated holds Efficiency (Sharpe) Ratio of -0.26, which attests that the entity had a -0.26 % return per unit of risk over the last 3 months. Hosken Consolidated exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hosken Consolidated's Market Risk Adjusted Performance of (1.31), standard deviation of 1.33, and Risk Adjusted Performance of (0.26) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.31, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hosken Consolidated's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hosken Consolidated is expected to be smaller as well. At this point, Hosken Consolidated has a negative expected return of -0.35%. Please make sure to check out Hosken Consolidated's accumulation distribution, day typical price, and the relationship between the skewness and rate of daily change , to decide if Hosken Consolidated performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.75 |
Good predictability
Hosken Consolidated Investments has good predictability. Overlapping area represents the amount of predictability between Hosken Consolidated time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Hosken Consolidated price movement. The serial correlation of 0.75 indicates that around 75.0% of current Hosken Consolidated price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 345.7 K |
Hosken Consolidated lagged returns against current returns
Autocorrelation, which is Hosken Consolidated 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 Hosken Consolidated's stock expected returns. We can calculate the autocorrelation of Hosken Consolidated returns to help us make a trade decision. For example, suppose you find that Hosken Consolidated 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 |
Hosken Consolidated 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 Hosken Consolidated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hosken Consolidated stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hosken Consolidated stock over time.
Current vs Lagged Prices |
| Timeline |
Hosken Consolidated Lagged Returns
When evaluating Hosken Consolidated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hosken Consolidated stock have on its future price. Hosken Consolidated 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, Hosken Consolidated autocorrelation shows the relationship between Hosken Consolidated stock current value and its past values and can show if there is a momentum factor associated with investing in Hosken Consolidated Investments.
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 Hosken Stock
Hosken Consolidated financial ratios help investors to determine whether Hosken 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 Hosken with respect to the benefits of owning Hosken Consolidated security.