Lafargeholcim Ltd Adr Stock Market Value
| HCMLY Stock | USD 20.06 0.16 0.80% |
| Symbol | Lafargeholcim |
Lafargeholcim '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 Lafargeholcim'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 Lafargeholcim.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Lafargeholcim on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Lafargeholcim Ltd ADR or generate 0.0% return on investment in Lafargeholcim over 30 days. Lafargeholcim is related to or competes with Anhui Conch, Buzzi Unicem, Wienerberger Baustoffindustri, China National, Anhui Conch, Monarch Cement, and HeidelbergCement. Holcim Ltd, together with its subsidiaries, operates as a building materials and solutions company in the Asia Pacific, ... More
Lafargeholcim 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 Lafargeholcim'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 Lafargeholcim Ltd ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.08 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 6.48 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 1.77 |
Lafargeholcim Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lafargeholcim's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lafargeholcim's standard deviation. In reality, there are many statistical measures that can use Lafargeholcim historical prices to predict the future Lafargeholcim's volatility.| Risk Adjusted Performance | 0.0576 | |||
| Jensen Alpha | 0.0049 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1241 |
Lafargeholcim ADR Backtested Returns
At this stage we consider Lafargeholcim Pink Sheet to be very steady. Lafargeholcim ADR has Sharpe Ratio of 0.0622, which conveys that the firm had a 0.0622% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lafargeholcim, which you can use to evaluate the volatility of the firm. Please verify Lafargeholcim's Downside Deviation of 1.08, mean deviation of 0.8521, and Risk Adjusted Performance of 0.0576 to check out if the risk estimate we provide is consistent with the expected return of 0.0708%. Lafargeholcim has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.56, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lafargeholcim's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lafargeholcim is expected to be smaller as well. Lafargeholcim ADR right now secures a risk of 1.14%. Please verify Lafargeholcim Ltd ADR downside variance, and the relationship between the total risk alpha and daily balance of power , to decide if Lafargeholcim Ltd ADR will be following its current price movements.
Auto-correlation | 0.37 |
Below average predictability
Lafargeholcim Ltd ADR has below average predictability. Overlapping area represents the amount of predictability between Lafargeholcim 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 Lafargeholcim ADR price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Lafargeholcim price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Lafargeholcim ADR lagged returns against current returns
Autocorrelation, which is Lafargeholcim 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 Lafargeholcim's pink sheet expected returns. We can calculate the autocorrelation of Lafargeholcim returns to help us make a trade decision. For example, suppose you find that Lafargeholcim 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 |
Lafargeholcim 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 Lafargeholcim pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lafargeholcim pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lafargeholcim pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Lafargeholcim Lagged Returns
When evaluating Lafargeholcim's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lafargeholcim pink sheet have on its future price. Lafargeholcim 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, Lafargeholcim autocorrelation shows the relationship between Lafargeholcim pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Lafargeholcim Ltd ADR.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Lafargeholcim Pink Sheet Analysis
When running Lafargeholcim's price analysis, check to measure Lafargeholcim'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 Lafargeholcim is operating at the current time. Most of Lafargeholcim's value examination focuses on studying past and present price action to predict the probability of Lafargeholcim's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lafargeholcim's price. Additionally, you may evaluate how the addition of Lafargeholcim to your portfolios can decrease your overall portfolio volatility.