Ho Hup (Malaysia) Market Value
| 5169 Stock | 0.17 0.00 0.00% |
| Symbol | 5169 |
Ho Hup '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 Ho Hup'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 Ho Hup.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in Ho Hup on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding Ho Hup Construction or generate 0.0% return on investment in Ho Hup over 270 days. Ho Hup is related to or competes with Apex Healthcare, Aeon Credit, Public Bank, Hong Leong, RHB Bank, Nova Wellness, and Sports Toto. More
Ho Hup 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 Ho Hup'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 Ho Hup Construction upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.05 | |||
| Information Ratio | 0.0362 | |||
| Maximum Drawdown | 21.43 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 7.69 |
Ho Hup Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ho Hup's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ho Hup's standard deviation. In reality, there are many statistical measures that can use Ho Hup historical prices to predict the future Ho Hup's volatility.| Risk Adjusted Performance | 0.0604 | |||
| Jensen Alpha | 0.2575 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | 0.0211 | |||
| Treynor Ratio | 2.76 |
Ho Hup Construction Backtested Returns
Ho Hup appears to be out of control, given 3 months investment horizon. Ho Hup Construction retains Efficiency (Sharpe Ratio) of 0.0681, which attests that the entity had a 0.0681% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Ho Hup, which you can use to evaluate the volatility of the firm. Please utilize Ho Hup's Standard Deviation of 4.1, market risk adjusted performance of 2.77, and Semi Deviation of 2.48 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ho Hup holds a performance score of 5. The company owns a Beta (Systematic Risk) of 0.0976, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Ho Hup's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ho Hup is expected to be smaller as well. Please check Ho Hup's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Ho Hup's current price history will revert.
Auto-correlation | 0.39 |
Below average predictability
Ho Hup Construction has below average predictability. Overlapping area represents the amount of predictability between Ho Hup time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th of November 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 Ho Hup Construction price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Ho Hup price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ho Hup Construction lagged returns against current returns
Autocorrelation, which is Ho Hup 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 Ho Hup's stock expected returns. We can calculate the autocorrelation of Ho Hup returns to help us make a trade decision. For example, suppose you find that Ho Hup 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 |
Ho Hup 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 Ho Hup stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ho Hup stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ho Hup stock over time.
Current vs Lagged Prices |
| Timeline |
Ho Hup Lagged Returns
When evaluating Ho Hup's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ho Hup stock have on its future price. Ho Hup 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, Ho Hup autocorrelation shows the relationship between Ho Hup stock current value and its past values and can show if there is a momentum factor associated with investing in Ho Hup Construction.
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 5169 Stock
Ho Hup financial ratios help investors to determine whether 5169 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 5169 with respect to the benefits of owning Ho Hup security.