Henderson Land (Germany) Market Value
| HLD Stock | EUR 3.04 0.06 1.94% |
| Symbol | Henderson |
Henderson Land '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 Henderson Land'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 Henderson Land.
| 10/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in Henderson Land on October 13, 2024 and sell it all today you would earn a total of 0.00 from holding Henderson Land Development or generate 0.0% return on investment in Henderson Land over 60 days. Henderson Land is related to or competes with Hitachi Construction, North American, ALEFARM BREWING, Sumitomo Mitsui, Dairy Farm, EVS Broadcast, and HYDROFARM HLD. Henderson Land Development Company Limited, an investment holding company, engages in the property development and inves... More
Henderson Land 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 Henderson Land'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 Henderson Land Development upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.67 | |||
| Information Ratio | 0.0543 | |||
| Maximum Drawdown | 13.71 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 3.38 |
Henderson Land Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Henderson Land's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Henderson Land's standard deviation. In reality, there are many statistical measures that can use Henderson Land historical prices to predict the future Henderson Land's volatility.| Risk Adjusted Performance | 0.0904 | |||
| Jensen Alpha | 0.2191 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0653 | |||
| Treynor Ratio | 6.04 |
Henderson Land Devel Backtested Returns
Henderson Land appears to be slightly risky, given 3 months investment horizon. Henderson Land Devel holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Henderson Land Devel, which you can use to evaluate the volatility of the firm. Please utilize Henderson Land's Downside Deviation of 1.67, risk adjusted performance of 0.0904, and Market Risk Adjusted Performance of 6.05 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Henderson Land holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of 0.037, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Henderson Land's returns are expected to increase less than the market. However, during the bear market, the loss of holding Henderson Land is expected to be smaller as well. Please check Henderson Land's information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Henderson Land's current trending patterns will revert.
Auto-correlation | 0.54 |
Modest predictability
Henderson Land Development has modest predictability. Overlapping area represents the amount of predictability between Henderson Land time series from 13th of October 2024 to 12th of November 2024 and 12th of November 2024 to 12th 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 Henderson Land Devel price movement. The serial correlation of 0.54 indicates that about 54.0% of current Henderson Land price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Henderson Land Devel lagged returns against current returns
Autocorrelation, which is Henderson Land 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 Henderson Land's stock expected returns. We can calculate the autocorrelation of Henderson Land returns to help us make a trade decision. For example, suppose you find that Henderson Land 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 |
Henderson Land 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 Henderson Land stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Henderson Land stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Henderson Land stock over time.
Current vs Lagged Prices |
| Timeline |
Henderson Land Lagged Returns
When evaluating Henderson Land's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Henderson Land stock have on its future price. Henderson Land 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, Henderson Land autocorrelation shows the relationship between Henderson Land stock current value and its past values and can show if there is a momentum factor associated with investing in Henderson Land Development.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Henderson Stock
Henderson Land financial ratios help investors to determine whether Henderson 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 Henderson with respect to the benefits of owning Henderson Land security.