Hermes International (France) Market Value
| RMS Stock | EUR 2,509 35.00 1.41% |
| Symbol | Hermes |
Hermes International '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 Hermes International'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 Hermes International.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Hermes International on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Hermes International SCA or generate 0.0% return on investment in Hermes International over 90 days. Hermes International is related to or competes with Kering SA, LVMH Mot, LOreal SA, Christian Dior, and Pernod Ricard. Herms International Socit en commandite par actions engages in the production, wholesale, and retail of various goods More
Hermes International 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 Hermes International'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 Hermes International SCA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.4 | |||
| Information Ratio | 0.2024 | |||
| Maximum Drawdown | 8.05 | |||
| Value At Risk | (2.47) | |||
| Potential Upside | 2.15 |
Hermes International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hermes International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hermes International's standard deviation. In reality, there are many statistical measures that can use Hermes International historical prices to predict the future Hermes International's volatility.| Risk Adjusted Performance | 0.1192 | |||
| Jensen Alpha | 0.2339 | |||
| Total Risk Alpha | 0.3552 | |||
| Sortino Ratio | 0.2049 | |||
| Treynor Ratio | 0.3453 |
Hermes International SCA Backtested Returns
At this point, Hermes International is very steady. Hermes International SCA holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hermes International SCA, which you can use to evaluate the volatility of the firm. Please check out Hermes International's Risk Adjusted Performance of 0.1192, market risk adjusted performance of 0.3553, and Downside Deviation of 1.4 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. Hermes International has a performance score of 9 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.51, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hermes International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hermes International is expected to be smaller as well. Hermes International SCA right now retains a risk of 1.44%. Please check out Hermes International skewness, day typical price, and the relationship between the downside variance and daily balance of power , to decide if Hermes International will be following its current trending patterns.
Auto-correlation | -0.85 |
Excellent reverse predictability
Hermes International SCA has excellent reverse predictability. Overlapping area represents the amount of predictability between Hermes International time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Hermes International SCA price movement. The serial correlation of -0.85 indicates that around 85.0% of current Hermes International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.85 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 9658.66 |
Hermes International SCA lagged returns against current returns
Autocorrelation, which is Hermes International 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 Hermes International's stock expected returns. We can calculate the autocorrelation of Hermes International returns to help us make a trade decision. For example, suppose you find that Hermes International 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 |
Hermes International 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 Hermes International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hermes International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hermes International stock over time.
Current vs Lagged Prices |
| Timeline |
Hermes International Lagged Returns
When evaluating Hermes International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hermes International stock have on its future price. Hermes International 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, Hermes International autocorrelation shows the relationship between Hermes International stock current value and its past values and can show if there is a momentum factor associated with investing in Hermes International SCA.
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 Hermes Stock
Hermes International financial ratios help investors to determine whether Hermes 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 Hermes with respect to the benefits of owning Hermes International security.