Hapag Lloyd Aktiengesellschaft Stock Market Value
| HLAGF Stock | USD 158.21 3.54 2.19% |
| Symbol | Hapag-Lloyd |
Hapag-Lloyd Aktiengesellscha '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 Hapag-Lloyd Aktiengesellscha's pink sheet 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 Hapag-Lloyd Aktiengesellscha.
| 12/10/2023 |
| 12/04/2024 |
If you would invest 0.00 in Hapag-Lloyd Aktiengesellscha on December 10, 2023 and sell it all today you would earn a total of 0.00 from holding Hapag Lloyd Aktiengesellschaft or generate 0.0% return on investment in Hapag-Lloyd Aktiengesellscha over 360 days. Hapag-Lloyd Aktiengesellscha is related to or competes with COSCO SHIPPING, and Orient Overseas. Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a liner shipping company worldwide More
Hapag-Lloyd Aktiengesellscha 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 Hapag-Lloyd Aktiengesellscha's pink sheet 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 Hapag Lloyd Aktiengesellschaft upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.94 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 24.56 | |||
| Value At Risk | (5.34) | |||
| Potential Upside | 5.24 |
Hapag-Lloyd Aktiengesellscha Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hapag-Lloyd Aktiengesellscha's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hapag-Lloyd Aktiengesellscha's standard deviation. In reality, there are many statistical measures that can use Hapag-Lloyd Aktiengesellscha historical prices to predict the future Hapag-Lloyd Aktiengesellscha's volatility.| Risk Adjusted Performance | 0.0218 | |||
| Jensen Alpha | 0.0419 | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.4136 |
Hapag-Lloyd Aktiengesellscha Backtested Returns
At this point, Hapag-Lloyd Aktiengesellscha is very steady. Hapag-Lloyd Aktiengesellscha holds Efficiency (Sharpe) Ratio of 0.0257, which attests that the entity had a 0.0257% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hapag-Lloyd Aktiengesellscha, which you can use to evaluate the volatility of the firm. Please check out Hapag-Lloyd Aktiengesellscha's Risk Adjusted Performance of 0.0218, market risk adjusted performance of 0.4236, and Downside Deviation of 4.94 to validate if the risk estimate we provide is consistent with the expected return of 0.0948%. Hapag-Lloyd Aktiengesellscha has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hapag-Lloyd Aktiengesellscha's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hapag-Lloyd Aktiengesellscha is expected to be smaller as well. Hapag-Lloyd Aktiengesellscha right now retains a risk of 3.69%. Please check out Hapag-Lloyd Aktiengesellscha semi variance, day median price, and the relationship between the value at risk and kurtosis , to decide if Hapag-Lloyd Aktiengesellscha will be following its current trending patterns.
Auto-correlation | 0.06 |
Virtually no predictability
Hapag Lloyd Aktiengesellschaft has virtually no predictability. Overlapping area represents the amount of predictability between Hapag-Lloyd Aktiengesellscha time series from 10th of December 2023 to 7th of June 2024 and 7th of June 2024 to 4th 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 Hapag-Lloyd Aktiengesellscha price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Hapag-Lloyd Aktiengesellscha price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 120.36 |
Hapag-Lloyd Aktiengesellscha lagged returns against current returns
Autocorrelation, which is Hapag-Lloyd Aktiengesellscha pink sheet'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 Hapag-Lloyd Aktiengesellscha's pink sheet expected returns. We can calculate the autocorrelation of Hapag-Lloyd Aktiengesellscha returns to help us make a trade decision. For example, suppose you find that Hapag-Lloyd Aktiengesellscha has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Hapag-Lloyd Aktiengesellscha 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 Hapag-Lloyd Aktiengesellscha pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hapag-Lloyd Aktiengesellscha pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hapag-Lloyd Aktiengesellscha pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Hapag-Lloyd Aktiengesellscha Lagged Returns
When evaluating Hapag-Lloyd Aktiengesellscha's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hapag-Lloyd Aktiengesellscha pink sheet have on its future price. Hapag-Lloyd Aktiengesellscha 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, Hapag-Lloyd Aktiengesellscha autocorrelation shows the relationship between Hapag-Lloyd Aktiengesellscha pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Hapag Lloyd Aktiengesellschaft.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Hapag-Lloyd Pink Sheet
Hapag-Lloyd Aktiengesellscha financial ratios help investors to determine whether Hapag-Lloyd Pink Sheet 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 Hapag-Lloyd with respect to the benefits of owning Hapag-Lloyd Aktiengesellscha security.