HUTCHISON TELECOMM (Germany) Market Value
| HU6 Stock | EUR 0.01 0 7.41% |
| Symbol | HUTCHISON |
HUTCHISON TELECOMM '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 HUTCHISON TELECOMM'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 HUTCHISON TELECOMM.
| 12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in HUTCHISON TELECOMM on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding HUTCHISON TELECOMM or generate 0.0% return on investment in HUTCHISON TELECOMM over 30 days. HUTCHISON TELECOMM is related to or competes with FIREWEED METALS, AGNC INVESTMENT, MidCap Financial, Jacquet Metal, Apollo Investment, and Stag Industrial. More
HUTCHISON TELECOMM 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 HUTCHISON TELECOMM'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 HUTCHISON TELECOMM upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 17.75 | |||
| Value At Risk | (9.38) | |||
| Potential Upside | 7.14 |
HUTCHISON TELECOMM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HUTCHISON TELECOMM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HUTCHISON TELECOMM's standard deviation. In reality, there are many statistical measures that can use HUTCHISON TELECOMM historical prices to predict the future HUTCHISON TELECOMM's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.72) |
HUTCHISON TELECOMM Backtested Returns
At this point, HUTCHISON TELECOMM is out of control. HUTCHISON TELECOMM holds Efficiency (Sharpe) Ratio of 0.0344, which attests that the entity had a 0.0344 % return per unit of volatility over the last 3 months. We have found twenty-one technical indicators for HUTCHISON TELECOMM, which you can use to evaluate the volatility of the firm. Please check out HUTCHISON TELECOMM's risk adjusted performance of (0.01), and Market Risk Adjusted Performance of (0.71) to validate if the risk estimate we provide is consistent with the expected return of 0.13%. HUTCHISON TELECOMM has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HUTCHISON TELECOMM's returns are expected to increase less than the market. However, during the bear market, the loss of holding HUTCHISON TELECOMM is expected to be smaller as well. HUTCHISON TELECOMM presently retains a risk of 3.71%. Please check out HUTCHISON TELECOMM skewness, daily balance of power, and the relationship between the potential upside and kurtosis , to decide if HUTCHISON TELECOMM will be following its current trending patterns.
Auto-correlation | 0.23 |
Weak predictability
HUTCHISON TELECOMM has weak predictability. Overlapping area represents the amount of predictability between HUTCHISON TELECOMM time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st of January 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 HUTCHISON TELECOMM price movement. The serial correlation of 0.23 indicates that over 23.0% of current HUTCHISON TELECOMM price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
HUTCHISON TELECOMM lagged returns against current returns
Autocorrelation, which is HUTCHISON TELECOMM 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 HUTCHISON TELECOMM's stock expected returns. We can calculate the autocorrelation of HUTCHISON TELECOMM returns to help us make a trade decision. For example, suppose you find that HUTCHISON TELECOMM 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 |
HUTCHISON TELECOMM 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 HUTCHISON TELECOMM stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HUTCHISON TELECOMM stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HUTCHISON TELECOMM stock over time.
Current vs Lagged Prices |
| Timeline |
HUTCHISON TELECOMM Lagged Returns
When evaluating HUTCHISON TELECOMM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HUTCHISON TELECOMM stock have on its future price. HUTCHISON TELECOMM 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, HUTCHISON TELECOMM autocorrelation shows the relationship between HUTCHISON TELECOMM stock current value and its past values and can show if there is a momentum factor associated with investing in HUTCHISON TELECOMM.
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.Other Information on Investing in HUTCHISON Stock
HUTCHISON TELECOMM financial ratios help investors to determine whether HUTCHISON 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 HUTCHISON with respect to the benefits of owning HUTCHISON TELECOMM security.