Holcim Stock Market Value
| HCMLF Stock | USD 101.60 1.60 1.60% |
| Symbol | Holcim |
Holcim '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 Holcim'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 Holcim.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Holcim on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Holcim or generate 0.0% return on investment in Holcim over 30 days. Holcim is related to or competes with HeidelbergCement, Anhui Conch, Buzzi Unicem, Wienerberger Baustoffindustri, United States, Smith Midland, and Lafargeholcim. Holcim Ltd, together with its subsidiaries, operates as a building materials and solutions company in the Asia Pacific, ... More
Holcim 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 Holcim'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 Holcim upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.93 | |||
| Information Ratio | 0.0016 | |||
| Maximum Drawdown | 9.04 | |||
| Value At Risk | (2.69) | |||
| Potential Upside | 3.22 |
Holcim Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Holcim's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Holcim's standard deviation. In reality, there are many statistical measures that can use Holcim historical prices to predict the future Holcim's volatility.| Risk Adjusted Performance | 0.0753 | |||
| Jensen Alpha | 0.1088 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0012 | |||
| Treynor Ratio | 1.53 |
Holcim Backtested Returns
At this point, Holcim is very steady. Holcim holds Efficiency (Sharpe) Ratio of 0.0603, which attests that the entity had a 0.0603% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Holcim, which you can use to evaluate the volatility of the firm. Please check out Holcim's Risk Adjusted Performance of 0.0753, downside deviation of 1.93, and Market Risk Adjusted Performance of 1.54 to validate if the risk estimate we provide is consistent with the expected return of 0.0812%. Holcim has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0767, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Holcim's returns are expected to increase less than the market. However, during the bear market, the loss of holding Holcim is expected to be smaller as well. Holcim right now retains a risk of 1.35%. Please check out Holcim potential upside, and the relationship between the sortino ratio and skewness , to decide if Holcim will be following its current trending patterns.
Auto-correlation | 0.36 |
Below average predictability
Holcim has below average predictability. Overlapping area represents the amount of predictability between Holcim time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Holcim price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Holcim price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 1.33 |
Holcim lagged returns against current returns
Autocorrelation, which is Holcim 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 Holcim's pink sheet expected returns. We can calculate the autocorrelation of Holcim returns to help us make a trade decision. For example, suppose you find that Holcim 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 |
Holcim 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 Holcim pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Holcim pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Holcim pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Holcim Lagged Returns
When evaluating Holcim's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Holcim pink sheet have on its future price. Holcim 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, Holcim autocorrelation shows the relationship between Holcim pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Holcim.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Holcim Pink Sheet
Holcim financial ratios help investors to determine whether Holcim 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 Holcim with respect to the benefits of owning Holcim security.