HF Company's market value is the price at which a share of HF Company trades on a public exchange. It measures the collective expectations of HF Company SA investors about its performance. HF Company is trading at 4.50 as of the 18th of December 2024, a 0.67% up since the beginning of the trading day. The stock's open price was 4.47. With this module, you can estimate the performance of a buy and hold strategy of HF Company SA and determine expected loss or profit from investing in HF Company over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
ALHF
HF Company '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 HF Company'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 HF Company.
0.00
11/18/2024
No Change 0.00
0.0
In 30 days
12/18/2024
0.00
If you would invest 0.00 in HF Company on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding HF Company SA or generate 0.0% return on investment in HF Company over 30 days.
HF Company 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 HF Company'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 HF Company SA 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 HF Company's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HF Company's standard deviation. In reality, there are many statistical measures that can use HF Company historical prices to predict the future HF Company's volatility.
HF Company SA retains Efficiency (Sharpe Ratio) of -0.0236, which attests that the entity had a -0.0236% return per unit of price deviation over the last 3 months. HF Company exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HF Company's Standard Deviation of 1.16, mean deviation of 0.7508, and Total Risk Alpha of (0.12) to validate the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and HF Company are completely uncorrelated. At this point, HF Company SA has a negative expected return of -0.0276%. Please make sure to check out HF Company's mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if HF Company SA performance from the past will be repeated sooner or later.
Auto-correlation
0.51
Modest predictability
HF Company SA has modest predictability. Overlapping area represents the amount of predictability between HF Company time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 HF Company SA price movement. The serial correlation of 0.51 indicates that about 51.0% of current HF Company price fluctuation can be explain by its past prices.
Correlation Coefficient
0.51
Spearman Rank Test
0.25
Residual Average
0.0
Price Variance
0.0
HF Company SA lagged returns against current returns
Autocorrelation, which is HF Company 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 HF Company's stock expected returns. We can calculate the autocorrelation of HF Company returns to help us make a trade decision. For example, suppose you find that HF Company 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
HF Company 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 HF Company stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HF Company stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HF Company stock over time.
Current vs Lagged Prices
Timeline
HF Company Lagged Returns
When evaluating HF Company's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HF Company stock have on its future price. HF Company 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, HF Company autocorrelation shows the relationship between HF Company stock current value and its past values and can show if there is a momentum factor associated with investing in HF Company SA.
Regressed Prices
Timeline
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