H+M HEN+MAUUNSPADR (Germany) Market Value

HMSA Stock  EUR 2.70  0.06  2.27%   
H+M HEN+MAUUNSPADR's market value is the price at which a share of H+M HEN+MAUUNSPADR trades on a public exchange. It measures the collective expectations of HM HENMAUUNSPADR 15 investors about its performance. H+M HEN+MAUUNSPADR is trading at 2.70 as of the 5th of December 2024. This is a 2.27% up since the beginning of the trading day. The stock's lowest day price was 2.7.
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 H+M HEN+MAUUNSPADR over a given investment horizon. Check out H+M HEN+MAUUNSPADR Correlation, H+M HEN+MAUUNSPADR Volatility and H+M HEN+MAUUNSPADR Alpha and Beta module to complement your research on H+M HEN+MAUUNSPADR.
Symbol

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

H+M HEN+MAUUNSPADR '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 H+M HEN+MAUUNSPADR'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 H+M HEN+MAUUNSPADR.
0.00
10/12/2023
No Change 0.00  0.0 
In 1 year 1 month and 25 days
12/05/2024
0.00
If you would invest  0.00  in H+M HEN+MAUUNSPADR on October 12, 2023 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 H+M HEN+MAUUNSPADR over 420 days. H+M HEN+MAUUNSPADR is related to or competes with ALERION CLEANPOWER, Jacquet Metal, LION ONE, MAVEN WIRELESS, and Chesapeake Utilities. H M Hennes Mauritz AB provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, t... More

H+M HEN+MAUUNSPADR 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 H+M HEN+MAUUNSPADR'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.

H+M HEN+MAUUNSPADR Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for H+M HEN+MAUUNSPADR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as H+M HEN+MAUUNSPADR's standard deviation. In reality, there are many statistical measures that can use H+M HEN+MAUUNSPADR historical prices to predict the future H+M HEN+MAUUNSPADR's volatility.
Hype
Prediction
LowEstimatedHigh
0.602.704.80
Details
Intrinsic
Valuation
LowRealHigh
0.692.794.89
Details
Naive
Forecast
LowNextHigh
0.652.754.85
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.612.652.70
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as H+M HEN+MAUUNSPADR. Your research has to be compared to or analyzed against H+M HEN+MAUUNSPADR's peers to derive any actionable benefits. When done correctly, H+M HEN+MAUUNSPADR'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 H+M HEN+MAUUNSPADR.

H+M HEN+MAUUNSPADR Backtested Returns

H+M HEN+MAUUNSPADR retains Efficiency (Sharpe Ratio) of -2.0E-4, which attests that the entity had a -2.0E-4% return per unit of price deviation over the last 3 months. H+M HEN+MAUUNSPADR exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out H+M HEN+MAUUNSPADR's Semi Deviation of 2.09, standard deviation of 2.12, and Market Risk Adjusted Performance of 0.0131 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, H+M HEN+MAUUNSPADR's returns are expected to increase less than the market. However, during the bear market, the loss of holding H+M HEN+MAUUNSPADR is expected to be smaller as well. At this point, H+M HEN+MAUUNSPADR has a negative expected return of -5.0E-4%. Please make sure to check out H+M HEN+MAUUNSPADR's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if H+M HEN+MAUUNSPADR performance from the past will be repeated sooner or later.

Auto-correlation

    
  -0.17  

Insignificant reverse predictability

HM HENMAUUNSPADR 15 has insignificant reverse predictability. Overlapping area represents the amount of predictability between H+M HEN+MAUUNSPADR time series from 12th of October 2023 to 9th of May 2024 and 9th of May 2024 to 5th 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 H+M HEN+MAUUNSPADR price movement. The serial correlation of -0.17 indicates that over 17.0% of current H+M HEN+MAUUNSPADR price fluctuation can be explain by its past prices.
Correlation Coefficient-0.17
Spearman Rank Test-0.05
Residual Average0.0
Price Variance0.03

H+M HEN+MAUUNSPADR lagged returns against current returns

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

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

H+M HEN+MAUUNSPADR Lagged Returns

When evaluating H+M HEN+MAUUNSPADR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of H+M HEN+MAUUNSPADR stock have on its future price. H+M HEN+MAUUNSPADR 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, H+M HEN+MAUUNSPADR autocorrelation shows the relationship between H+M HEN+MAUUNSPADR 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  

Currently Active Assets on Macroaxis

Other Information on Investing in H+M Stock

H+M HEN+MAUUNSPADR financial ratios help investors to determine whether H+M 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 H+M with respect to the benefits of owning H+M HEN+MAUUNSPADR security.