Hill Smith (Germany) Market Value
| 7HL Stock | 24.20 0.20 0.82% |
| Symbol | Hill |
Hill Smith '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 Hill Smith'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 Hill Smith.
| 06/10/2023 |
| 12/01/2024 |
If you would invest 0.00 in Hill Smith on June 10, 2023 and sell it all today you would earn a total of 0.00 from holding Hill Smith Holdings or generate 0.0% return on investment in Hill Smith over 540 days. Hill Smith is related to or competes with LIFEWAY FOODS, SENECA FOODS-A, PREMIER FOODS, Astral Foods, NISSIN FOODS, and INDOFOOD AGRI. More
Hill Smith 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 Hill Smith'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 Hill Smith Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 8.5 | |||
| Value At Risk | (3.37) | |||
| Potential Upside | 3.49 |
Hill Smith Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hill Smith's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hill Smith's standard deviation. In reality, there are many statistical measures that can use Hill Smith historical prices to predict the future Hill Smith's volatility.| Risk Adjusted Performance | 0.0044 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.06) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hill Smith's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hill Smith Holdings Backtested Returns
Currently, Hill Smith Holdings is very steady. Hill Smith Holdings holds Efficiency (Sharpe) Ratio of 0.0031, which attests that the entity had a 0.0031% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Hill Smith Holdings, which you can use to evaluate the volatility of the firm. Please check out Hill Smith's Market Risk Adjusted Performance of (0.05), risk adjusted performance of 0.0044, and Standard Deviation of 2.09 to validate if the risk estimate we provide is consistent with the expected return of 0.0064%. The company retains a Market Volatility (i.e., Beta) of 0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hill Smith's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hill Smith is expected to be smaller as well. Hill Smith Holdings right now retains a risk of 2.08%. Please check out Hill Smith skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Hill Smith will be following its current trending patterns.
Auto-correlation | 0.51 |
Modest predictability
Hill Smith Holdings has modest predictability. Overlapping area represents the amount of predictability between Hill Smith time series from 10th of June 2023 to 6th of March 2024 and 6th of March 2024 to 1st 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 Hill Smith Holdings price movement. The serial correlation of 0.51 indicates that about 51.0% of current Hill Smith price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 1.77 |
Hill Smith Holdings lagged returns against current returns
Autocorrelation, which is Hill Smith 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 Hill Smith's stock expected returns. We can calculate the autocorrelation of Hill Smith returns to help us make a trade decision. For example, suppose you find that Hill Smith 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 |
Hill Smith 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 Hill Smith stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hill Smith stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hill Smith stock over time.
Current vs Lagged Prices |
| Timeline |
Hill Smith Lagged Returns
When evaluating Hill Smith's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hill Smith stock have on its future price. Hill Smith 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, Hill Smith autocorrelation shows the relationship between Hill Smith stock current value and its past values and can show if there is a momentum factor associated with investing in Hill Smith Holdings.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Hill Stock Analysis
When running Hill Smith's price analysis, check to measure Hill Smith's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hill Smith is operating at the current time. Most of Hill Smith's value examination focuses on studying past and present price action to predict the probability of Hill Smith's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hill Smith's price. Additionally, you may evaluate how the addition of Hill Smith to your portfolios can decrease your overall portfolio volatility.