Hyundai Capital America Market Value
| 44891CCF8 | 100.34 0.00 0.00% |
| Symbol | Hyundai |
Please note, there is a significant difference between Hyundai's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hyundai is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hyundai's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Hyundai '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 Hyundai's bond 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 Hyundai.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in Hyundai on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding Hyundai Capital America or generate 0.0% return on investment in Hyundai over 30 days. Hyundai is related to or competes with 00108WAF7, 90331HPL1, Alphabet, InMode, BigBearai Holdings, IQIYI, and SoundHound. More
Hyundai 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 Hyundai's bond 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 Hyundai Capital America upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.37) | |||
| Maximum Drawdown | 1.16 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 0.3704 |
Hyundai Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hyundai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hyundai's standard deviation. In reality, there are many statistical measures that can use Hyundai historical prices to predict the future Hyundai's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.99) |
Hyundai Capital America Backtested Returns
Hyundai Capital America holds Efficiency (Sharpe) Ratio of -0.088, which attests that the entity had a -0.088% return per unit of risk over the last 3 months. Hyundai Capital America exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hyundai's Standard Deviation of 0.2313, market risk adjusted performance of (0.98), and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide. The bond retains a Market Volatility (i.e., Beta) of 0.0109, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hyundai's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hyundai is expected to be smaller as well.
Auto-correlation | -0.99 |
Near perfect reversele predictability
Hyundai Capital America has near perfect reversele predictability. Overlapping area represents the amount of predictability between Hyundai time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hyundai Capital America price movement. The serial correlation of -0.99 indicates that 99.0% of current Hyundai price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.99 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Hyundai Capital America lagged returns against current returns
Autocorrelation, which is Hyundai bond'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 Hyundai's bond expected returns. We can calculate the autocorrelation of Hyundai returns to help us make a trade decision. For example, suppose you find that Hyundai has exhibited high autocorrelation historically, and you observe that the bond 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 |
Hyundai 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 Hyundai bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hyundai bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hyundai bond over time.
Current vs Lagged Prices |
| Timeline |
Hyundai Lagged Returns
When evaluating Hyundai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hyundai bond have on its future price. Hyundai 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, Hyundai autocorrelation shows the relationship between Hyundai bond current value and its past values and can show if there is a momentum factor associated with investing in Hyundai Capital America.
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 Hyundai Bond
Hyundai financial ratios help investors to determine whether Hyundai Bond 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 Hyundai with respect to the benefits of owning Hyundai security.