Hecla Mining Preferred Stock Market Value

HL-PB Preferred Stock  USD 50.99  0.34  0.67%   
Hecla Mining's market value is the price at which a share of Hecla Mining trades on a public exchange. It measures the collective expectations of Hecla Mining investors about its performance. Hecla Mining is trading at 50.99 as of the 15th of March 2025, a 0.67% up since the beginning of the trading day. The preferred stock's open price was 50.65.
With this module, you can estimate the performance of a buy and hold strategy of Hecla Mining and determine expected loss or profit from investing in Hecla Mining over a given investment horizon. Check out Hecla Mining Correlation, Hecla Mining Volatility and Hecla Mining Alpha and Beta module to complement your research on Hecla Mining.
For information on how to trade Hecla Preferred Stock refer to our How to Trade Hecla Preferred Stock guide.
Symbol

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

Hecla Mining '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 Hecla Mining's preferred 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 Hecla Mining.
0.00
12/15/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/15/2025
0.00
If you would invest  0.00  in Hecla Mining on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Hecla Mining or generate 0.0% return on investment in Hecla Mining over 90 days. Hecla Mining is related to or competes with Triple Flag, McEwen Mining, Endeavour Silver, Hecla Mining, Northern Minerals, Compania, and Gold Royalty. Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, and produces precious and base meta... More

Hecla Mining 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 Hecla Mining's preferred 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 Hecla Mining upside and downside potential and time the market with a certain degree of confidence.

Hecla Mining Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Hecla Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hecla Mining's standard deviation. In reality, there are many statistical measures that can use Hecla Mining historical prices to predict the future Hecla Mining's volatility.
Hype
Prediction
LowEstimatedHigh
50.0450.9951.94
Details
Intrinsic
Valuation
LowRealHigh
50.2751.2252.17
Details
Naive
Forecast
LowNextHigh
50.3751.3252.27
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
49.2250.5051.78
Details

Hecla Mining Backtested Returns

At this point, Hecla Mining is very steady. Hecla Mining holds Efficiency (Sharpe) Ratio of 0.0213, which attests that the entity had a 0.0213 % return per unit of risk over the last 3 months. We have found eighteen technical indicators for Hecla Mining, which you can use to evaluate the volatility of the firm. Please check out Hecla Mining's Variance of 1.12, risk adjusted performance of (0.06), and Mean Deviation of 0.5828 to validate if the risk estimate we provide is consistent with the expected return of 0.0203%. Hecla Mining has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Hecla Mining are completely uncorrelated. Hecla Mining right now retains a risk of 0.95%. Please check out Hecla Mining standard deviation, maximum drawdown, rate of daily change, as well as the relationship between the information ratio and kurtosis , to decide if Hecla Mining will be following its current trending patterns.

Auto-correlation

    
  0.40  

Average predictability

Hecla Mining has average predictability. Overlapping area represents the amount of predictability between Hecla Mining 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 Hecla Mining price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Hecla Mining price fluctuation can be explain by its past prices.
Correlation Coefficient0.4
Spearman Rank Test-0.33
Residual Average0.0
Price Variance0.12

Hecla Mining lagged returns against current returns

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

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

Hecla Mining Lagged Returns

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

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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 Hecla Preferred Stock

Hecla Mining financial ratios help investors to determine whether Hecla Preferred 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 Hecla with respect to the benefits of owning Hecla Mining security.