Hrcules SA (Brazil) Market Value
| HETA4 Preferred Stock | BRL 6.98 0.54 8.39% |
| Symbol | Hrcules |
Hrcules SA '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 Hrcules SA's preferred 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 Hrcules SA.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Hrcules SA on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Hrcules SA or generate 0.0% return on investment in Hrcules SA over 30 days. Hrcules SA is related to or competes with Lupatech, Rossi Residencial, Fras Le, BTG Pactual, Telefonaktiebolaget, Cable One, and Randon SA. Hercules S.A - Fbrica de Talheres manufactures and sells cutlery products in Brazil More
Hrcules SA 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 Hrcules SA's preferred 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 Hrcules SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.3 | |||
| Information Ratio | 0.0927 | |||
| Maximum Drawdown | 29.52 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 9.06 |
Hrcules SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hrcules SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hrcules SA's standard deviation. In reality, there are many statistical measures that can use Hrcules SA historical prices to predict the future Hrcules SA's volatility.| Risk Adjusted Performance | 0.1023 | |||
| Jensen Alpha | 0.5219 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0763 | |||
| Treynor Ratio | 18.43 |
Hrcules SA Backtested Returns
Hrcules SA appears to be moderately volatile, given 3 months investment horizon. Hrcules SA holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. By evaluating Hrcules SA's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Hrcules SA's Risk Adjusted Performance of 0.1023, downside deviation of 5.3, and Market Risk Adjusted Performance of 18.44 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hrcules SA holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of 0.0285, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hrcules SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hrcules SA is expected to be smaller as well. Please check Hrcules SA's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Hrcules SA's current trending patterns will revert.
Auto-correlation | -0.33 |
Poor reverse predictability
Hrcules SA has poor reverse predictability. Overlapping area represents the amount of predictability between Hrcules SA time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Hrcules SA price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Hrcules SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Hrcules SA lagged returns against current returns
Autocorrelation, which is Hrcules SA preferred 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 Hrcules SA's preferred stock expected returns. We can calculate the autocorrelation of Hrcules SA returns to help us make a trade decision. For example, suppose you find that Hrcules SA has exhibited high autocorrelation historically, and you observe that the preferred 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 |
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Hrcules SA 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 Hrcules SA preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hrcules SA preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hrcules SA preferred stock over time.
Current vs Lagged Prices |
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Hrcules SA Lagged Returns
When evaluating Hrcules SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hrcules SA preferred stock have on its future price. Hrcules SA 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, Hrcules SA autocorrelation shows the relationship between Hrcules SA preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Hrcules SA .
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 Hrcules Preferred Stock Analysis
When running Hrcules SA's price analysis, check to measure Hrcules SA'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 Hrcules SA is operating at the current time. Most of Hrcules SA's value examination focuses on studying past and present price action to predict the probability of Hrcules SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hrcules SA's price. Additionally, you may evaluate how the addition of Hrcules SA to your portfolios can decrease your overall portfolio volatility.