Hoist Finance's market value is the price at which a share of Hoist Finance trades on a public exchange. It measures the collective expectations of Hoist Finance AB investors about its performance. Hoist Finance is trading at 8.35 as of the 12th of January 2025. This is a 0.36 percent increase since the beginning of the trading day. The stock's lowest day price was 8.34. With this module, you can estimate the performance of a buy and hold strategy of Hoist Finance AB and determine expected loss or profit from investing in Hoist Finance over a given investment horizon. Check out Hoist Finance Correlation, Hoist Finance Volatility and Hoist Finance Alpha and Beta module to complement your research on Hoist Finance.
Please note, there is a significant difference between Hoist Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hoist Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hoist Finance'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.
Hoist Finance '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 Hoist Finance'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 Hoist Finance.
0.00
10/14/2024
No Change 0.00
0.0
In 3 months and 1 day
01/12/2025
0.00
If you would invest 0.00 in Hoist Finance on October 14, 2024 and sell it all today you would earn a total of 0.00 from holding Hoist Finance AB or generate 0.0% return on investment in Hoist Finance over 90 days. Hoist Finance is related to or competes with FIRST SAVINGS, NetSol Technologies, Digilife Technologies, SOFI TECHNOLOGIES, Bio-Techne Corp, Siamgas, and Amkor Technology. Hoist Finance AB provides solutions for the acquisition and management of non-performing loans in Europe More
Hoist Finance 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 Hoist Finance'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 Hoist Finance AB upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hoist Finance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hoist Finance's standard deviation. In reality, there are many statistical measures that can use Hoist Finance historical prices to predict the future Hoist Finance's volatility.
Hoist Finance appears to be slightly risky, given 3 months investment horizon. Hoist Finance AB holds Efficiency (Sharpe) Ratio of 0.0667, which attests that the entity had a 0.0667% return per unit of risk over the last 3 months. We have found thirty technical indicators for Hoist Finance AB, which you can use to evaluate the volatility of the firm. Please utilize Hoist Finance's Downside Deviation of 2.7, market risk adjusted performance of (0.42), and Risk Adjusted Performance of 0.0767 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hoist Finance holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of -0.63, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Hoist Finance are expected to decrease at a much lower rate. During the bear market, Hoist Finance is likely to outperform the market. Please check Hoist Finance's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Hoist Finance's current trending patterns will revert.
Auto-correlation
0.31
Below average predictability
Hoist Finance AB has below average predictability. Overlapping area represents the amount of predictability between Hoist Finance time series from 14th of October 2024 to 28th of November 2024 and 28th of November 2024 to 12th 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 Hoist Finance AB price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Hoist Finance price fluctuation can be explain by its past prices.
Correlation Coefficient
0.31
Spearman Rank Test
0.23
Residual Average
0.0
Price Variance
0.08
Hoist Finance AB lagged returns against current returns
Autocorrelation, which is Hoist Finance 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 Hoist Finance's stock expected returns. We can calculate the autocorrelation of Hoist Finance returns to help us make a trade decision. For example, suppose you find that Hoist Finance 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
Hoist Finance 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 Hoist Finance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hoist Finance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hoist Finance stock over time.
Current vs Lagged Prices
Timeline
Hoist Finance Lagged Returns
When evaluating Hoist Finance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hoist Finance stock have on its future price. Hoist Finance 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, Hoist Finance autocorrelation shows the relationship between Hoist Finance stock current value and its past values and can show if there is a momentum factor associated with investing in Hoist Finance AB.
Hoist Finance financial ratios help investors to determine whether Hoist 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 Hoist with respect to the benefits of owning Hoist Finance security.