Heubach Colorants' market value is the price at which a share of Heubach Colorants trades on a public exchange. It measures the collective expectations of Heubach Colorants India investors about its performance. Heubach Colorants is trading at 550.55 as of the 18th of January 2025. This is a 0.05 percent increase since the beginning of the trading day. The stock's open price was 550.3. With this module, you can estimate the performance of a buy and hold strategy of Heubach Colorants India and determine expected loss or profit from investing in Heubach Colorants over a given investment horizon. Check out Heubach Colorants Correlation, Heubach Colorants Volatility and Heubach Colorants Alpha and Beta module to complement your research on Heubach Colorants.
Please note, there is a significant difference between Heubach Colorants' value and its price as these two are different measures arrived at by different means. Investors typically determine if Heubach Colorants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heubach Colorants' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Heubach Colorants '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 Heubach Colorants' 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 Heubach Colorants.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in Heubach Colorants on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Heubach Colorants India or generate 0.0% return on investment in Heubach Colorants over 30 days. Heubach Colorants is related to or competes with NMDC, Steel Authority, Embassy Office, Jai Balaji, Gujarat Narmada, Gujarat Alkalies, and Indian Metals. Heubach Colorants is entity of India. It is traded as Stock on NSE exchange. More
Heubach Colorants 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 Heubach Colorants' 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 Heubach Colorants India upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Heubach Colorants' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Heubach Colorants' standard deviation. In reality, there are many statistical measures that can use Heubach Colorants historical prices to predict the future Heubach Colorants' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Heubach Colorants. Your research has to be compared to or analyzed against Heubach Colorants' peers to derive any actionable benefits. When done correctly, Heubach Colorants' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Heubach Colorants India.
Heubach Colorants India Backtested Returns
Heubach Colorants is very steady at the moment. Heubach Colorants India holds Efficiency (Sharpe) Ratio of 0.0416, which attests that the entity had a 0.0416% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Heubach Colorants India, which you can use to evaluate the volatility of the firm. Please check out Heubach Colorants' Market Risk Adjusted Performance of (0.28), risk adjusted performance of (0.01), and Standard Deviation of 0.6526 to validate if the risk estimate we provide is consistent with the expected return of 0.0272%. Heubach Colorants has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0402, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Heubach Colorants' returns are expected to increase less than the market. However, during the bear market, the loss of holding Heubach Colorants is expected to be smaller as well. Heubach Colorants India right now retains a risk of 0.65%. Please check out Heubach Colorants daily balance of power, market facilitation index, and the relationship between the kurtosis and day median price , to decide if Heubach Colorants will be following its current trending patterns.
Auto-correlation
-0.03
Very weak reverse predictability
Heubach Colorants India has very weak reverse predictability. Overlapping area represents the amount of predictability between Heubach Colorants time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 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 Heubach Colorants India price movement. The serial correlation of -0.03 indicates that only 3.0% of current Heubach Colorants price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.03
Spearman Rank Test
-0.27
Residual Average
0.0
Price Variance
29.79
Heubach Colorants India lagged returns against current returns
Autocorrelation, which is Heubach Colorants 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 Heubach Colorants' stock expected returns. We can calculate the autocorrelation of Heubach Colorants returns to help us make a trade decision. For example, suppose you find that Heubach Colorants 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
Heubach Colorants 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 Heubach Colorants stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Heubach Colorants stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Heubach Colorants stock over time.
Current vs Lagged Prices
Timeline
Heubach Colorants Lagged Returns
When evaluating Heubach Colorants' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Heubach Colorants stock have on its future price. Heubach Colorants 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, Heubach Colorants autocorrelation shows the relationship between Heubach Colorants stock current value and its past values and can show if there is a momentum factor associated with investing in Heubach Colorants India.
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.
Heubach Colorants financial ratios help investors to determine whether Heubach Stock 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 Heubach with respect to the benefits of owning Heubach Colorants security.