Hindustan Media (India) Market Value
| HMVL Stock | 89.10 0.09 0.10% |
| Symbol | Hindustan |
Hindustan Media '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 Hindustan Media'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 Hindustan Media.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Hindustan Media on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding Hindustan Media Ventures or generate 0.0% return on investment in Hindustan Media over 540 days. Hindustan Media is related to or competes with Nalwa Sons, ROUTE MOBILE, Shivalik Bimetal, Hisar Metal, Network18 Media, Tata Investment, and Manaksia Coated. Hindustan Media is entity of India. It is traded as Stock on NSE exchange. More
Hindustan Media 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 Hindustan Media'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 Hindustan Media Ventures upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 11.4 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 3.92 |
Hindustan Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hindustan Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hindustan Media's standard deviation. In reality, there are many statistical measures that can use Hindustan Media historical prices to predict the future Hindustan Media's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.09) |
Hindustan Media Ventures Backtested Returns
Hindustan Media Ventures holds Efficiency (Sharpe) Ratio of -0.0186, which attests that the entity had a -0.0186% return per unit of risk over the last 3 months. Hindustan Media Ventures exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hindustan Media's Risk Adjusted Performance of (0.01), market risk adjusted performance of (0.08), and Standard Deviation of 2.23 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.64, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hindustan Media's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hindustan Media is expected to be smaller as well. At this point, Hindustan Media Ventures has a negative expected return of -0.0423%. Please make sure to check out Hindustan Media's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Hindustan Media Ventures performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.7 |
Very good reverse predictability
Hindustan Media Ventures has very good reverse predictability. Overlapping area represents the amount of predictability between Hindustan Media time series from 9th of June 2023 to 5th of March 2024 and 5th of March 2024 to 30th of November 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 Hindustan Media Ventures price movement. The serial correlation of -0.7 indicates that around 70.0% of current Hindustan Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 51.62 |
Hindustan Media Ventures lagged returns against current returns
Autocorrelation, which is Hindustan Media 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 Hindustan Media's stock expected returns. We can calculate the autocorrelation of Hindustan Media returns to help us make a trade decision. For example, suppose you find that Hindustan Media 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 |
Hindustan Media 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 Hindustan Media stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hindustan Media stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hindustan Media stock over time.
Current vs Lagged Prices |
| Timeline |
Hindustan Media Lagged Returns
When evaluating Hindustan Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hindustan Media stock have on its future price. Hindustan Media 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, Hindustan Media autocorrelation shows the relationship between Hindustan Media stock current value and its past values and can show if there is a momentum factor associated with investing in Hindustan Media Ventures.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Hindustan Stock Analysis
When running Hindustan Media's price analysis, check to measure Hindustan Media's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hindustan Media is operating at the current time. Most of Hindustan Media's value examination focuses on studying past and present price action to predict the probability of Hindustan Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hindustan Media's price. Additionally, you may evaluate how the addition of Hindustan Media to your portfolios can decrease your overall portfolio volatility.