HAZAMA ANDO (Germany) Market Value
| 2PW Stock | EUR 6.85 0.05 0.72% |
| Symbol | HAZAMA |
HAZAMA ANDO '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 HAZAMA ANDO'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 HAZAMA ANDO.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in HAZAMA ANDO on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding HAZAMA ANDO P or generate 0.0% return on investment in HAZAMA ANDO over 30 days. HAZAMA ANDO is related to or competes with Zurich Insurance, REVO INSURANCE, ANGLO ASIAN, MAG SILVER, SBI Insurance, and Vienna Insurance. Hazama Ando Corporation engages in the construction and construction-related business in Japan and internationally More
HAZAMA ANDO 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 HAZAMA ANDO'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 HAZAMA ANDO P upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.19 | |||
| Information Ratio | 0.0306 | |||
| Maximum Drawdown | 5.14 | |||
| Value At Risk | (2.01) | |||
| Potential Upside | 2.05 |
HAZAMA ANDO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HAZAMA ANDO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HAZAMA ANDO's standard deviation. In reality, there are many statistical measures that can use HAZAMA ANDO historical prices to predict the future HAZAMA ANDO's volatility.| Risk Adjusted Performance | 0.0561 | |||
| Jensen Alpha | 0.0534 | |||
| Total Risk Alpha | 0.0259 | |||
| Sortino Ratio | 0.0269 | |||
| Treynor Ratio | 0.3612 |
HAZAMA ANDO P Backtested Returns
At this point, HAZAMA ANDO is not too volatile. HAZAMA ANDO P holds Efficiency (Sharpe) Ratio of 0.0642, which attests that the company had a 0.0642 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for HAZAMA ANDO P, which you can use to evaluate the volatility of the entity. Please check out HAZAMA ANDO's semi deviation of 0.8608, and Mean Deviation of 0.8015 to validate if the risk estimate we provide is consistent with the expected return of 0.0674%. HAZAMA ANDO has a performance score of 5 on a scale of 0 to 100. The firm retains a Market Volatility (i.e., Beta) of 0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HAZAMA ANDO's returns are expected to increase less than the market. However, during the bear market, the loss of holding HAZAMA ANDO is expected to be smaller as well. HAZAMA ANDO P currently retains a risk of 1.05%. Please check out HAZAMA ANDO potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to decide if HAZAMA ANDO will be following its current trending patterns.
Auto-correlation | 0.12 |
Insignificant predictability
HAZAMA ANDO P has insignificant predictability. Overlapping area represents the amount of predictability between HAZAMA ANDO time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd 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 HAZAMA ANDO P price movement. The serial correlation of 0.12 indicates that less than 12.0% of current HAZAMA ANDO price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
HAZAMA ANDO P lagged returns against current returns
Autocorrelation, which is HAZAMA ANDO 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 HAZAMA ANDO's stock expected returns. We can calculate the autocorrelation of HAZAMA ANDO returns to help us make a trade decision. For example, suppose you find that HAZAMA ANDO 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 |
HAZAMA ANDO 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 HAZAMA ANDO stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HAZAMA ANDO stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HAZAMA ANDO stock over time.
Current vs Lagged Prices |
| Timeline |
HAZAMA ANDO Lagged Returns
When evaluating HAZAMA ANDO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HAZAMA ANDO stock have on its future price. HAZAMA ANDO 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, HAZAMA ANDO autocorrelation shows the relationship between HAZAMA ANDO stock current value and its past values and can show if there is a momentum factor associated with investing in HAZAMA ANDO P.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in HAZAMA Stock
HAZAMA ANDO financial ratios help investors to determine whether HAZAMA 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 HAZAMA with respect to the benefits of owning HAZAMA ANDO security.