Hire Technologies Stock Market Value
| HIRRF Stock | USD 0 0.00 0.00% |
| Symbol | Hire |
Hire Technologies '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 Hire Technologies' otc 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 Hire Technologies.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Hire Technologies on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Hire Technologies or generate 0.0% return on investment in Hire Technologies over 30 days. Hire Technologies is related to or competes with Randstad Holdings, Caldwell Partners, Kelly Services, Adecco, and TrueBlue. Hire Technologies Inc., through its subsidiaries, provides human resources services in Canada More
Hire Technologies 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 Hire Technologies' otc 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 Hire Technologies upside and downside potential and time the market with a certain degree of confidence.
Hire Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hire Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hire Technologies' standard deviation. In reality, there are many statistical measures that can use Hire Technologies historical prices to predict the future Hire Technologies' volatility.Hire Technologies Backtested Returns
We have found three technical indicators for Hire Technologies, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Hire Technologies are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Hire Technologies has no correlation between past and present. Overlapping area represents the amount of predictability between Hire Technologies time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Hire Technologies price movement. The serial correlation of 0.0 indicates that just 0.0% of current Hire Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hire Technologies lagged returns against current returns
Autocorrelation, which is Hire Technologies otc 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 Hire Technologies' otc stock expected returns. We can calculate the autocorrelation of Hire Technologies returns to help us make a trade decision. For example, suppose you find that Hire Technologies has exhibited high autocorrelation historically, and you observe that the otc 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 |
Hire Technologies 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 Hire Technologies otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hire Technologies otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hire Technologies otc stock over time.
Current vs Lagged Prices |
| Timeline |
Hire Technologies Lagged Returns
When evaluating Hire Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hire Technologies otc stock have on its future price. Hire Technologies 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, Hire Technologies autocorrelation shows the relationship between Hire Technologies otc stock current value and its past values and can show if there is a momentum factor associated with investing in Hire Technologies.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Hire OTC Stock
Hire Technologies financial ratios help investors to determine whether Hire OTC 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 Hire with respect to the benefits of owning Hire Technologies security.