Hannover Re Stock Market Value
| HVRRY Stock | USD 49.58 0.04 0.08% |
| Symbol | Hannover |
Hannover '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 Hannover'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 Hannover.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Hannover on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Hannover Re or generate 0.0% return on investment in Hannover over 90 days. Hannover is related to or competes with Swiss Re, SCOR PK, SiriusPoint, and Maiden Holdings. Hannover Rck SE, together with its subsidiaries, provides reinsurance products and services worldwide More
Hannover 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 Hannover'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 Hannover Re upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.48 | |||
| Information Ratio | 0.1712 | |||
| Maximum Drawdown | 6.52 | |||
| Value At Risk | (3.05) | |||
| Potential Upside | 2.5 |
Hannover Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hannover's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hannover's standard deviation. In reality, there are many statistical measures that can use Hannover historical prices to predict the future Hannover's volatility.| Risk Adjusted Performance | 0.0951 | |||
| Jensen Alpha | 0.1845 | |||
| Total Risk Alpha | 0.3311 | |||
| Sortino Ratio | 0.1715 | |||
| Treynor Ratio | 0.4017 |
Hannover Re Backtested Returns
Hannover appears to be very steady, given 3 months investment horizon. Hannover Re 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 thirty technical indicators for Hannover Re, which you can use to evaluate the volatility of the firm. Please utilize Hannover's Risk Adjusted Performance of 0.0951, downside deviation of 1.48, and Market Risk Adjusted Performance of 0.4117 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hannover holds a performance score of 11. The company retains a Market Volatility (i.e., Beta) of 0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hannover's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hannover is expected to be smaller as well. Please check Hannover's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Hannover's current trending patterns will revert.
Auto-correlation | 0.76 |
Good predictability
Hannover Re has good predictability. Overlapping area represents the amount of predictability between Hannover time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Hannover Re price movement. The serial correlation of 0.76 indicates that around 76.0% of current Hannover price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 5.04 |
Hannover Re lagged returns against current returns
Autocorrelation, which is Hannover 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 Hannover's pink sheet expected returns. We can calculate the autocorrelation of Hannover returns to help us make a trade decision. For example, suppose you find that Hannover 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 |
Hannover 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 Hannover pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hannover pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hannover pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Hannover Lagged Returns
When evaluating Hannover's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hannover pink sheet have on its future price. Hannover 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, Hannover autocorrelation shows the relationship between Hannover pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Hannover Re.
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 Hannover Pink Sheet Analysis
When running Hannover's price analysis, check to measure Hannover'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 Hannover is operating at the current time. Most of Hannover's value examination focuses on studying past and present price action to predict the probability of Hannover's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hannover's price. Additionally, you may evaluate how the addition of Hannover to your portfolios can decrease your overall portfolio volatility.