Haugesund Sparebank (Norway) Market Value
| HGSB Stock | 161.94 0.02 0.01% |
| Symbol | Haugesund |
Haugesund Sparebank '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 Haugesund Sparebank'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 Haugesund Sparebank.
| 12/13/2025 |
| 01/12/2026 |
If you would invest 0.00 in Haugesund Sparebank on December 13, 2025 and sell it all today you would earn a total of 0.00 from holding Haugesund Sparebank or generate 0.0% return on investment in Haugesund Sparebank over 30 days.
Haugesund Sparebank 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 Haugesund Sparebank'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 Haugesund Sparebank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.7 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 6.46 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 2.23 |
Haugesund Sparebank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Haugesund Sparebank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Haugesund Sparebank's standard deviation. In reality, there are many statistical measures that can use Haugesund Sparebank historical prices to predict the future Haugesund Sparebank's volatility.| Risk Adjusted Performance | 0.0102 | |||
| Jensen Alpha | 0.018 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0) |
Haugesund Sparebank Backtested Returns
As of now, Haugesund Stock is very steady. Haugesund Sparebank holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Haugesund Sparebank, which you can use to evaluate the volatility of the firm. Please check out Haugesund Sparebank's Risk Adjusted Performance of 0.0102, downside deviation of 1.7, and Market Risk Adjusted Performance of 0.0083 to validate if the risk estimate we provide is consistent with the expected return of 0.0099%. The company retains a Market Volatility (i.e., Beta) of -0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Haugesund Sparebank are expected to decrease at a much lower rate. During the bear market, Haugesund Sparebank is likely to outperform the market. Haugesund Sparebank right now retains a risk of 1.37%. Please check out Haugesund Sparebank maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Haugesund Sparebank will be following its current trending patterns.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Haugesund Sparebank has insignificant reverse predictability. Overlapping area represents the amount of predictability between Haugesund Sparebank time series from 13th of December 2025 to 28th of December 2025 and 28th of December 2025 to 12th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Haugesund Sparebank price movement. The serial correlation of -0.19 indicates that over 19.0% of current Haugesund Sparebank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.71 |
Haugesund Sparebank lagged returns against current returns
Autocorrelation, which is Haugesund Sparebank 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 Haugesund Sparebank's stock expected returns. We can calculate the autocorrelation of Haugesund Sparebank returns to help us make a trade decision. For example, suppose you find that Haugesund Sparebank 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 |
Haugesund Sparebank 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 Haugesund Sparebank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Haugesund Sparebank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Haugesund Sparebank stock over time.
Current vs Lagged Prices |
| Timeline |
Haugesund Sparebank Lagged Returns
When evaluating Haugesund Sparebank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Haugesund Sparebank stock have on its future price. Haugesund Sparebank 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, Haugesund Sparebank autocorrelation shows the relationship between Haugesund Sparebank stock current value and its past values and can show if there is a momentum factor associated with investing in Haugesund Sparebank.
Regressed Prices |
| Timeline |
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