The Hillman Fund Market Value

HCMAX Etf  USD 28.03  0.34  1.23%   
THE HILLMAN's market value is the price at which a share of THE HILLMAN trades on a public exchange. It measures the collective expectations of THE HILLMAN FUND investors about its performance. THE HILLMAN is trading at 28.03 as of the 17th of March 2025; that is 1.23 percent up since the beginning of the trading day. The etf's open price was 27.69.
With this module, you can estimate the performance of a buy and hold strategy of THE HILLMAN FUND and determine expected loss or profit from investing in THE HILLMAN over a given investment horizon. Check out THE HILLMAN Correlation, THE HILLMAN Volatility and THE HILLMAN Alpha and Beta module to complement your research on THE HILLMAN.
Symbol

The market value of THE HILLMAN FUND is measured differently than its book value, which is the value of THE that is recorded on the company's balance sheet. Investors also form their own opinion of THE HILLMAN's value that differs from its market value or its book value, called intrinsic value, which is THE HILLMAN's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because THE HILLMAN's market value can be influenced by many factors that don't directly affect THE HILLMAN's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between THE HILLMAN's value and its price as these two are different measures arrived at by different means. Investors typically determine if THE HILLMAN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, THE HILLMAN'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.

THE HILLMAN '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 THE HILLMAN's etf 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 THE HILLMAN.
0.00
12/17/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/17/2025
0.00
If you would invest  0.00  in THE HILLMAN on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding THE HILLMAN FUND or generate 0.0% return on investment in THE HILLMAN over 90 days. THE HILLMAN is related to or competes with FT Vest, Zillow Group, Northern Lights, VanEck Vectors, Freedom Day, and SSGA Active. In seeking to achieve its objective, the fund invests primarily in common stocks of U.S More

THE HILLMAN 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 THE HILLMAN's etf 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 THE HILLMAN FUND upside and downside potential and time the market with a certain degree of confidence.

THE HILLMAN Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for THE HILLMAN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as THE HILLMAN's standard deviation. In reality, there are many statistical measures that can use THE HILLMAN historical prices to predict the future THE HILLMAN's volatility.
Hype
Prediction
LowEstimatedHigh
26.1228.0329.94
Details
Intrinsic
Valuation
LowRealHigh
26.6228.5330.44
Details
Naive
Forecast
LowNextHigh
26.1228.0329.93
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
27.5028.3729.23
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as THE HILLMAN. Your research has to be compared to or analyzed against THE HILLMAN's peers to derive any actionable benefits. When done correctly, THE HILLMAN's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in THE HILLMAN FUND.

THE HILLMAN FUND Backtested Returns

THE HILLMAN FUND owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the etf had a -0.12 % return per unit of volatility over the last 3 months. THE HILLMAN FUND exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate THE HILLMAN's variance of 3.36, and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide. The entity has a beta of 0.82, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, THE HILLMAN's returns are expected to increase less than the market. However, during the bear market, the loss of holding THE HILLMAN is expected to be smaller as well.

Auto-correlation

    
  -0.6  

Good reverse predictability

THE HILLMAN FUND has good reverse predictability. Overlapping area represents the amount of predictability between THE HILLMAN 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 THE HILLMAN FUND price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current THE HILLMAN price fluctuation can be explain by its past prices.
Correlation Coefficient-0.6
Spearman Rank Test-0.22
Residual Average0.0
Price Variance0.18

THE HILLMAN FUND lagged returns against current returns

Autocorrelation, which is THE HILLMAN etf'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 THE HILLMAN's etf expected returns. We can calculate the autocorrelation of THE HILLMAN returns to help us make a trade decision. For example, suppose you find that THE HILLMAN has exhibited high autocorrelation historically, and you observe that the etf 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  

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

THE HILLMAN Lagged Returns

When evaluating THE HILLMAN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of THE HILLMAN etf have on its future price. THE HILLMAN 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, THE HILLMAN autocorrelation shows the relationship between THE HILLMAN etf current value and its past values and can show if there is a momentum factor associated with investing in THE HILLMAN FUND.
   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 THE Etf

THE HILLMAN financial ratios help investors to determine whether THE Etf 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 THE with respect to the benefits of owning THE HILLMAN security.