HELIOS TECHS (Germany) Market Value
| SH7 Stock | EUR 42.60 0.09 0.21% |
| Symbol | HELIOS |
HELIOS TECHS '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 HELIOS TECHS'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 HELIOS TECHS.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in HELIOS TECHS on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding HELIOS TECHS INC or generate 0.0% return on investment in HELIOS TECHS over 60 days. HELIOS TECHS is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. Helios Technologies, Inc., together with its subsidiaries, develops, manufactures, and sells solutions for the hydraulic... More
HELIOS TECHS 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 HELIOS TECHS'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 HELIOS TECHS INC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.16 | |||
| Information Ratio | 0.0512 | |||
| Maximum Drawdown | 20.43 | |||
| Value At Risk | (3.71) | |||
| Potential Upside | 4.1 |
HELIOS TECHS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HELIOS TECHS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HELIOS TECHS's standard deviation. In reality, there are many statistical measures that can use HELIOS TECHS historical prices to predict the future HELIOS TECHS's volatility.| Risk Adjusted Performance | 0.0551 | |||
| Jensen Alpha | 0.1605 | |||
| Total Risk Alpha | 0.1145 | |||
| Sortino Ratio | 0.0673 | |||
| Treynor Ratio | (0.68) |
HELIOS TECHS INC Backtested Returns
At this point, HELIOS TECHS is very steady. HELIOS TECHS INC holds Efficiency (Sharpe) Ratio of 0.0056, which attests that the entity had a 0.0056% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for HELIOS TECHS INC, which you can use to evaluate the volatility of the firm. Please check out HELIOS TECHS's Market Risk Adjusted Performance of (0.67), semi deviation of 1.94, and Risk Adjusted Performance of 0.0551 to validate if the risk estimate we provide is consistent with the expected return of 0.0162%. The company retains a Market Volatility (i.e., Beta) of -0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning HELIOS TECHS are expected to decrease at a much lower rate. During the bear market, HELIOS TECHS is likely to outperform the market. HELIOS TECHS INC now retains a risk of 2.89%. Please check out HELIOS TECHS sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if HELIOS TECHS will be following its current trending patterns.
Auto-correlation | -0.36 |
Poor reverse predictability
HELIOS TECHS INC has poor reverse predictability. Overlapping area represents the amount of predictability between HELIOS TECHS time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 HELIOS TECHS INC price movement. The serial correlation of -0.36 indicates that just about 36.0% of current HELIOS TECHS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 7.39 |
HELIOS TECHS INC lagged returns against current returns
Autocorrelation, which is HELIOS TECHS 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 HELIOS TECHS's stock expected returns. We can calculate the autocorrelation of HELIOS TECHS returns to help us make a trade decision. For example, suppose you find that HELIOS TECHS 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 |
HELIOS TECHS 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 HELIOS TECHS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HELIOS TECHS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HELIOS TECHS stock over time.
Current vs Lagged Prices |
| Timeline |
HELIOS TECHS Lagged Returns
When evaluating HELIOS TECHS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HELIOS TECHS stock have on its future price. HELIOS TECHS 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, HELIOS TECHS autocorrelation shows the relationship between HELIOS TECHS stock current value and its past values and can show if there is a momentum factor associated with investing in HELIOS TECHS INC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in HELIOS Stock
HELIOS TECHS financial ratios help investors to determine whether HELIOS 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 HELIOS with respect to the benefits of owning HELIOS TECHS security.