Hang Seng Bank Stock Market Value
| HSNGY Stock | USD 14.00 0.30 2.19% |
| Symbol | Hang |
Hang Seng '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 Hang Seng'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 Hang Seng.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Hang Seng on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Hang Seng Bank or generate 0.0% return on investment in Hang Seng over 90 days. Hang Seng is related to or competes with Caixabank, Commercial International, PT Bank, Riverview Bancorp, Nmb Financial, Southern BancShares, and Kasikornbank Public. Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to indiv... More
Hang Seng 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 Hang Seng'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 Hang Seng Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | 0.181 | |||
| Maximum Drawdown | 10.21 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 3.8 |
Hang Seng Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hang Seng's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hang Seng's standard deviation. In reality, there are many statistical measures that can use Hang Seng historical prices to predict the future Hang Seng's volatility.| Risk Adjusted Performance | 0.1185 | |||
| Jensen Alpha | 0.2757 | |||
| Total Risk Alpha | 0.483 | |||
| Sortino Ratio | 0.1924 | |||
| Treynor Ratio | 0.7547 |
Hang Seng Bank Backtested Returns
Hang Seng appears to be not too volatile, given 3 months investment horizon. Hang Seng Bank holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Hang Seng Bank, which you can use to evaluate the volatility of the firm. Please utilize Hang Seng's Market Risk Adjusted Performance of 0.7647, downside deviation of 1.82, and Risk Adjusted Performance of 0.1185 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hang Seng holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of 0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hang Seng's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hang Seng is expected to be smaller as well. Please check Hang Seng's maximum drawdown, as well as the relationship between the skewness and price action indicator , to make a quick decision on whether Hang Seng's current trending patterns will revert.
Auto-correlation | 0.05 |
Virtually no predictability
Hang Seng Bank has virtually no predictability. Overlapping area represents the amount of predictability between Hang Seng time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hang Seng Bank price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Hang Seng price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Hang Seng Bank lagged returns against current returns
Autocorrelation, which is Hang Seng 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 Hang Seng's pink sheet expected returns. We can calculate the autocorrelation of Hang Seng returns to help us make a trade decision. For example, suppose you find that Hang Seng 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 |
Hang Seng 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 Hang Seng pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hang Seng pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hang Seng pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Hang Seng Lagged Returns
When evaluating Hang Seng's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hang Seng pink sheet have on its future price. Hang Seng 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, Hang Seng autocorrelation shows the relationship between Hang Seng pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Hang Seng Bank.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Hang Pink Sheet Analysis
When running Hang Seng's price analysis, check to measure Hang Seng'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 Hang Seng is operating at the current time. Most of Hang Seng's value examination focuses on studying past and present price action to predict the probability of Hang Seng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hang Seng's price. Additionally, you may evaluate how the addition of Hang Seng to your portfolios can decrease your overall portfolio volatility.