HM HENMAUUNSPADR (Germany) Market Value

HMSA Stock  EUR 2.80  0.10  3.70%   
HM HENMAUUNSPADR's market value is the price at which a share of HM HENMAUUNSPADR trades on a public exchange. It measures the collective expectations of HM HENMAUUNSPADR 15 investors about its performance. HM HENMAUUNSPADR is trading at 2.80 as of the 6th of December 2024. This is a 3.70% up since the beginning of the trading day. The stock's lowest day price was 2.8.
With this module, you can estimate the performance of a buy and hold strategy of HM HENMAUUNSPADR 15 and determine expected loss or profit from investing in HM HENMAUUNSPADR over a given investment horizon. Check out HM HENMAUUNSPADR Correlation, HM HENMAUUNSPADR Volatility and HM HENMAUUNSPADR Alpha and Beta module to complement your research on HM HENMAUUNSPADR.
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Please note, there is a significant difference between HM HENMAUUNSPADR's value and its price as these two are different measures arrived at by different means. Investors typically determine if HM HENMAUUNSPADR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HM HENMAUUNSPADR'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.

HM HENMAUUNSPADR '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 HM HENMAUUNSPADR'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 HM HENMAUUNSPADR.
0.00
11/06/2024
No Change 0.00  0.0 
In 30 days
12/06/2024
0.00
If you would invest  0.00  in HM HENMAUUNSPADR on November 6, 2024 and sell it all today you would earn a total of 0.00 from holding HM HENMAUUNSPADR 15 or generate 0.0% return on investment in HM HENMAUUNSPADR over 30 days. HM HENMAUUNSPADR is related to or competes with Strategic Education, Salesforce, Lamar Advertising, IDP EDUCATION, Laureate Education, and CODERE ONLINE. H M Hennes Mauritz AB provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, t... More

HM HENMAUUNSPADR 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 HM HENMAUUNSPADR'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 HM HENMAUUNSPADR 15 upside and downside potential and time the market with a certain degree of confidence.

HM HENMAUUNSPADR Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for HM HENMAUUNSPADR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HM HENMAUUNSPADR's standard deviation. In reality, there are many statistical measures that can use HM HENMAUUNSPADR historical prices to predict the future HM HENMAUUNSPADR's volatility.
Hype
Prediction
LowEstimatedHigh
0.000.000.00
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Intrinsic
Valuation
LowRealHigh
0.000.000.00
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Naive
Forecast
LowNextHigh
2.882.882.88
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.562.672.79
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as HM HENMAUUNSPADR. Your research has to be compared to or analyzed against HM HENMAUUNSPADR's peers to derive any actionable benefits. When done correctly, HM HENMAUUNSPADR'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 HM HENMAUUNSPADR.

HM HENMAUUNSPADR Backtested Returns

At this point, HM HENMAUUNSPADR is out of control. HM HENMAUUNSPADR retains Efficiency (Sharpe Ratio) of 0.0367, which attests that the entity had a 0.0367% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for HM HENMAUUNSPADR, which you can use to evaluate the volatility of the firm. Please check out HM HENMAUUNSPADR's Standard Deviation of 2.15, market risk adjusted performance of 0.0869, and Semi Deviation of 2.09 to validate if the risk estimate we provide is consistent with the expected return of 0.079%. HM HENMAUUNSPADR has a performance score of 2 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 0.31, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, HM HENMAUUNSPADR's returns are expected to increase less than the market. However, during the bear market, the loss of holding HM HENMAUUNSPADR is expected to be smaller as well. HM HENMAUUNSPADR today owns a risk of 2.15%. Please check out HM HENMAUUNSPADR 15 downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if HM HENMAUUNSPADR 15 will be following its current price history.

Auto-correlation

    
  -0.73  

Almost perfect reverse predictability

HM HENMAUUNSPADR 15 has almost perfect reverse predictability. Overlapping area represents the amount of predictability between HM HENMAUUNSPADR time series from 6th of November 2024 to 21st of November 2024 and 21st of November 2024 to 6th 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 HM HENMAUUNSPADR price movement. The serial correlation of -0.73 indicates that around 73.0% of current HM HENMAUUNSPADR price fluctuation can be explain by its past prices.
Correlation Coefficient-0.73
Spearman Rank Test-0.1
Residual Average0.0
Price Variance0.0

HM HENMAUUNSPADR lagged returns against current returns

Autocorrelation, which is HM HENMAUUNSPADR 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 HM HENMAUUNSPADR's stock expected returns. We can calculate the autocorrelation of HM HENMAUUNSPADR returns to help us make a trade decision. For example, suppose you find that HM HENMAUUNSPADR 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  

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

HM HENMAUUNSPADR Lagged Returns

When evaluating HM HENMAUUNSPADR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HM HENMAUUNSPADR stock have on its future price. HM HENMAUUNSPADR 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, HM HENMAUUNSPADR autocorrelation shows the relationship between HM HENMAUUNSPADR stock current value and its past values and can show if there is a momentum factor associated with investing in HM HENMAUUNSPADR 15.
   Regressed Prices   
       Timeline  

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Other Information on Investing in HMSA Stock

HM HENMAUUNSPADR financial ratios help investors to determine whether HMSA 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 HMSA with respect to the benefits of owning HM HENMAUUNSPADR security.