HG High (Australia) Market Value
| HCF Stock | 0.03 0.00 0.00% |
| Symbol | HCF |
HG High '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 HG High'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 HG High.
| 01/01/2025 |
| 12/27/2025 |
If you would invest 0.00 in HG High on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding HG High Conviction or generate 0.0% return on investment in HG High over 360 days. HG High is related to or competes with Group 6, Insignia Financial, Magellan Financial, Insurance Australia, Centaurus Metals, and BSP Financial. HG High is entity of Australia. It is traded as Stock on AU exchange. More
HG High 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 HG High'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 HG High Conviction upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.08 | |||
| Information Ratio | 0.0292 | |||
| Maximum Drawdown | 127.18 | |||
| Value At Risk | (11.76) | |||
| Potential Upside | 3.45 |
HG High Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HG High's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HG High's standard deviation. In reality, there are many statistical measures that can use HG High historical prices to predict the future HG High's volatility.| Risk Adjusted Performance | 0.034 | |||
| Jensen Alpha | 0.705 | |||
| Total Risk Alpha | (1.08) | |||
| Sortino Ratio | 0.0306 | |||
| Treynor Ratio | (0.19) |
HG High Conviction Backtested Returns
HG High appears to be out of control, given 3 months investment horizon. HG High Conviction retains Efficiency (Sharpe Ratio) of 0.0456, which attests that the entity had a 0.0456 % return per unit of price deviation over the last 3 months. By inspecting HG High's technical indicators, you can evaluate if the expected return of 0.82% is justified by implied risk. Please utilize HG High's Standard Deviation of 14.77, semi deviation of 6.87, and Market Risk Adjusted Performance of (0.18) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, HG High holds a performance score of 3. The company owns a Beta (Systematic Risk) of -2.64, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning HG High are expected to decrease by larger amounts. On the other hand, during market turmoil, HG High is expected to outperform it. Please check HG High's downside deviation, information ratio, and the relationship between the semi deviation and variance , to make a quick decision on whether HG High's current price history will revert.
Auto-correlation | -0.69 |
Very good reverse predictability
HG High Conviction has very good reverse predictability. Overlapping area represents the amount of predictability between HG High time series from 1st of January 2025 to 30th of June 2025 and 30th of June 2025 to 27th of December 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 HG High Conviction price movement. The serial correlation of -0.69 indicates that around 69.0% of current HG High price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
HG High Conviction lagged returns against current returns
Autocorrelation, which is HG High 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 HG High's stock expected returns. We can calculate the autocorrelation of HG High returns to help us make a trade decision. For example, suppose you find that HG High 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 |
HG High 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 HG High stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HG High stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HG High stock over time.
Current vs Lagged Prices |
| Timeline |
HG High Lagged Returns
When evaluating HG High's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HG High stock have on its future price. HG High 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, HG High autocorrelation shows the relationship between HG High stock current value and its past values and can show if there is a momentum factor associated with investing in HG High Conviction.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for HCF Stock Analysis
When running HG High's price analysis, check to measure HG High'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 HG High is operating at the current time. Most of HG High's value examination focuses on studying past and present price action to predict the probability of HG High's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HG High's price. Additionally, you may evaluate how the addition of HG High to your portfolios can decrease your overall portfolio volatility.