Hamilton Insurance Group, Stock Market Value
| HG Stock | 19.00 0.45 2.43% |
| Symbol | Hamilton |
Hamilton Insurance Group, Price To Book Ratio
Is Reinsurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hamilton Insurance. If investors know Hamilton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hamilton Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.805 | Earnings Share 4.87 | Revenue Per Share 21.292 | Quarterly Revenue Growth 0.314 | Return On Assets 0.0594 |
The market value of Hamilton Insurance Group, is measured differently than its book value, which is the value of Hamilton that is recorded on the company's balance sheet. Investors also form their own opinion of Hamilton Insurance's value that differs from its market value or its book value, called intrinsic value, which is Hamilton Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hamilton Insurance's market value can be influenced by many factors that don't directly affect Hamilton Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hamilton Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hamilton Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hamilton Insurance's 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.
Hamilton Insurance '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 Hamilton Insurance'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 Hamilton Insurance.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Hamilton Insurance on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Hamilton Insurance Group, or generate 0.0% return on investment in Hamilton Insurance over 720 days. Hamilton Insurance is related to or competes with Casio Computer, BCE, Sabre Corpo, Pinterest, Senmiao Technology, Stratasys, and Freedom Internet. Hamilton Insurance is entity of United States More
Hamilton Insurance 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 Hamilton Insurance'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 Hamilton Insurance Group, upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 15.97 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 2.99 |
Hamilton Insurance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hamilton Insurance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hamilton Insurance's standard deviation. In reality, there are many statistical measures that can use Hamilton Insurance historical prices to predict the future Hamilton Insurance's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.09) |
Hamilton Insurance Group, Backtested Returns
Hamilton Insurance Group, holds Efficiency (Sharpe) Ratio of -9.0E-4, which attests that the entity had a -9.0E-4% return per unit of risk over the last 3 months. Hamilton Insurance Group, exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hamilton Insurance's Market Risk Adjusted Performance of (0.08), standard deviation of 2.14, and insignificant Risk Adjusted Performance to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.48, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hamilton Insurance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hamilton Insurance is expected to be smaller as well. At this point, Hamilton Insurance Group, has a negative expected return of -0.0019%. Please make sure to check out Hamilton Insurance's skewness, and the relationship between the treynor ratio and daily balance of power , to decide if Hamilton Insurance Group, performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.29 |
Weak reverse predictability
Hamilton Insurance Group, has weak reverse predictability. Overlapping area represents the amount of predictability between Hamilton Insurance time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Hamilton Insurance Group, price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Hamilton Insurance price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Hamilton Insurance Group, lagged returns against current returns
Autocorrelation, which is Hamilton Insurance 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 Hamilton Insurance's stock expected returns. We can calculate the autocorrelation of Hamilton Insurance returns to help us make a trade decision. For example, suppose you find that Hamilton Insurance 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 |
Hamilton Insurance 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 Hamilton Insurance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hamilton Insurance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hamilton Insurance stock over time.
Current vs Lagged Prices |
| Timeline |
Hamilton Insurance Lagged Returns
When evaluating Hamilton Insurance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hamilton Insurance stock have on its future price. Hamilton Insurance 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, Hamilton Insurance autocorrelation shows the relationship between Hamilton Insurance stock current value and its past values and can show if there is a momentum factor associated with investing in Hamilton Insurance Group,.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Hamilton Insurance Correlation, Hamilton Insurance Volatility and Hamilton Insurance Alpha and Beta module to complement your research on Hamilton Insurance. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Hamilton Insurance technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.