Haw Par Stock Market Value
| HAWPF Stock | USD 8.35 0.00 0.00% |
| Symbol | Haw |
Haw Par '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 Haw Par's pink sheet 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 Haw Par.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Haw Par on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Haw Par or generate 0.0% return on investment in Haw Par over 30 days. Haw Par is related to or competes with Organon, Gilead Sciences, AbbVie, Eli Lilly, Johnson Johnson, Pfizer, and Novartis. Haw Par Corporation Limited, together with its subsidiaries, manufactures, markets, and trades in healthcare products in... More
Haw Par 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 Haw Par's pink sheet 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 Haw Par upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0094 | |||
| Maximum Drawdown | 4.95 |
Haw Par Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Haw Par's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Haw Par's standard deviation. In reality, there are many statistical measures that can use Haw Par historical prices to predict the future Haw Par's volatility.| Risk Adjusted Performance | 0.1259 | |||
| Jensen Alpha | 0.1109 | |||
| Total Risk Alpha | 0.0015 | |||
| Treynor Ratio | 1.31 |
Haw Par Backtested Returns
At this point, Haw Par is very steady. Haw Par holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Haw Par, which you can use to evaluate the volatility of the firm. Please check out Haw Par's Market Risk Adjusted Performance of 1.32, risk adjusted performance of 0.1259, and Standard Deviation of 0.7574 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. Haw Par has a performance score of 13 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0929, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Haw Par's returns are expected to increase less than the market. However, during the bear market, the loss of holding Haw Par is expected to be smaller as well. Haw Par right now retains a risk of 0.77%. Please check out Haw Par variance, as well as the relationship between the skewness and day typical price , to decide if Haw Par will be following its current trending patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Haw Par has no correlation between past and present. Overlapping area represents the amount of predictability between Haw Par time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Haw Par price movement. The serial correlation of 0.0 indicates that just 0.0% of current Haw Par price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Haw Par lagged returns against current returns
Autocorrelation, which is Haw Par pink sheet'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 Haw Par's pink sheet expected returns. We can calculate the autocorrelation of Haw Par returns to help us make a trade decision. For example, suppose you find that Haw Par has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Haw Par 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 Haw Par pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Haw Par pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Haw Par pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Haw Par Lagged Returns
When evaluating Haw Par's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Haw Par pink sheet have on its future price. Haw Par 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, Haw Par autocorrelation shows the relationship between Haw Par pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Haw Par.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Haw Pink Sheet
Haw Par financial ratios help investors to determine whether Haw Pink Sheet 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 Haw with respect to the benefits of owning Haw Par security.