HF SINCLAIR (Germany) Market Value
| HL80 Stock | 38.40 1.20 3.03% |
| Symbol | HL80 |
HF SINCLAIR '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 HF SINCLAIR'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 HF SINCLAIR.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in HF SINCLAIR on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding HF SINCLAIR P or generate 0.0% return on investment in HF SINCLAIR over 720 days. HF SINCLAIR is related to or competes with Bumrungrad Hospital, Ramsay Health, National Retail, Canon Marketing, Bausch Health, and Vastned Retail. More
HF SINCLAIR 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 HF SINCLAIR'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 HF SINCLAIR P upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 10.87 | |||
| Value At Risk | (4.33) | |||
| Potential Upside | 2.15 |
HF SINCLAIR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HF SINCLAIR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HF SINCLAIR's standard deviation. In reality, there are many statistical measures that can use HF SINCLAIR historical prices to predict the future HF SINCLAIR's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (0.46) |
HF SINCLAIR P Backtested Returns
HF SINCLAIR P retains Efficiency (Sharpe Ratio) of -0.082, which attests that the entity had a -0.082% return per unit of price deviation over the last 3 months. HF SINCLAIR exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HF SINCLAIR's Information Ratio of (0.15), market risk adjusted performance of (0.45), and Coefficient Of Variation of (1,220) to validate the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, HF SINCLAIR's returns are expected to increase less than the market. However, during the bear market, the loss of holding HF SINCLAIR is expected to be smaller as well. At this point, HF SINCLAIR P has a negative expected return of -0.17%. Please make sure to check out HF SINCLAIR's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if HF SINCLAIR P performance from the past will be repeated sooner or later.
Auto-correlation | -0.66 |
Very good reverse predictability
HF SINCLAIR P has very good reverse predictability. Overlapping area represents the amount of predictability between HF SINCLAIR time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of HF SINCLAIR P price movement. The serial correlation of -0.66 indicates that around 66.0% of current HF SINCLAIR price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 26.5 |
HF SINCLAIR P lagged returns against current returns
Autocorrelation, which is HF SINCLAIR 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 HF SINCLAIR's stock expected returns. We can calculate the autocorrelation of HF SINCLAIR returns to help us make a trade decision. For example, suppose you find that HF SINCLAIR 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 |
HF SINCLAIR 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 HF SINCLAIR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HF SINCLAIR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HF SINCLAIR stock over time.
Current vs Lagged Prices |
| Timeline |
HF SINCLAIR Lagged Returns
When evaluating HF SINCLAIR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HF SINCLAIR stock have on its future price. HF SINCLAIR 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, HF SINCLAIR autocorrelation shows the relationship between HF SINCLAIR stock current value and its past values and can show if there is a momentum factor associated with investing in HF SINCLAIR P.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in HL80 Stock
HF SINCLAIR financial ratios help investors to determine whether HL80 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 HL80 with respect to the benefits of owning HF SINCLAIR security.