Hyrican Informationssyst (Germany) Market Value
| HYI Stock | EUR 5.20 0.00 0.00% |
| Symbol | Hyrican |
Hyrican Informationssyst '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 Hyrican Informationssyst'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 Hyrican Informationssyst.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Hyrican Informationssyst on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Hyrican Informationssysteme Aktiengesellschaft or generate 0.0% return on investment in Hyrican Informationssyst over 90 days. Hyrican Informationssyst is related to or competes with Iridium Communications, LG Display, Check Point, Microchip Technology, Molson Coors, Fevertree Drinks, and COMPUTERSHARE. Hyrican Informationssysteme Aktiengesellschaft offers IT systems and solutions in Germany and internationally More
Hyrican Informationssyst 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 Hyrican Informationssyst'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 Hyrican Informationssysteme Aktiengesellschaft upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.2463 | |||
| Maximum Drawdown | 1.91 |
Hyrican Informationssyst Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hyrican Informationssyst's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hyrican Informationssyst's standard deviation. In reality, there are many statistical measures that can use Hyrican Informationssyst historical prices to predict the future Hyrican Informationssyst's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | (4.75) |
Hyrican Informationssyst Backtested Returns
Hyrican Informationssyst holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1 % return per unit of risk over the last 3 months. Hyrican Informationssyst exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hyrican Informationssyst's Risk Adjusted Performance of (0.11), market risk adjusted performance of (4.74), and Standard Deviation of 0.2866 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0081, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hyrican Informationssyst's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hyrican Informationssyst is expected to be smaller as well. At this point, Hyrican Informationssyst has a negative expected return of -0.0313%. Please make sure to check out Hyrican Informationssyst's skewness, as well as the relationship between the rate of daily change and day typical price , to decide if Hyrican Informationssyst performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Hyrican Informationssysteme Aktiengesellschaft has no correlation between past and present. Overlapping area represents the amount of predictability between Hyrican Informationssyst 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 Hyrican Informationssyst price movement. The serial correlation of 0.0 indicates that just 0.0% of current Hyrican Informationssyst price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hyrican Informationssyst lagged returns against current returns
Autocorrelation, which is Hyrican Informationssyst 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 Hyrican Informationssyst's stock expected returns. We can calculate the autocorrelation of Hyrican Informationssyst returns to help us make a trade decision. For example, suppose you find that Hyrican Informationssyst 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 |
Hyrican Informationssyst 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 Hyrican Informationssyst stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hyrican Informationssyst stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hyrican Informationssyst stock over time.
Current vs Lagged Prices |
| Timeline |
Hyrican Informationssyst Lagged Returns
When evaluating Hyrican Informationssyst's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hyrican Informationssyst stock have on its future price. Hyrican Informationssyst 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, Hyrican Informationssyst autocorrelation shows the relationship between Hyrican Informationssyst stock current value and its past values and can show if there is a momentum factor associated with investing in Hyrican Informationssysteme Aktiengesellschaft.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Hyrican Stock
Hyrican Informationssyst financial ratios help investors to determine whether Hyrican 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 Hyrican with respect to the benefits of owning Hyrican Informationssyst security.