Hiru Corporation Stock Market Value
| HIRU Stock | USD 0.0006 0.0001 14.29% |
| Symbol | Hiru |
Hiru '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 Hiru's pink sheet 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 Hiru.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Hiru on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Hiru Corporation or generate 0.0% return on investment in Hiru over 30 days. Hiru Corporation, through its subsidiary, produces Chinese herbs for the naturopathic industry in China More
Hiru 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 Hiru's pink sheet 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 Hiru Corporation upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 52.68 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 20.0 |
Hiru Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hiru's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hiru's standard deviation. In reality, there are many statistical measures that can use Hiru historical prices to predict the future Hiru's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (1.39) | |||
| Total Risk Alpha | (2.56) | |||
| Treynor Ratio | (8.21) |
Hiru Backtested Returns
Hiru holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1 % return per unit of risk over the last 3 months. Hiru exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hiru's Market Risk Adjusted Performance of (8.20), risk adjusted performance of (0.09), and Standard Deviation of 11.04 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hiru's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hiru is expected to be smaller as well. At this point, Hiru has a negative expected return of -1.15%. Please make sure to check out Hiru's total risk alpha, accumulation distribution, as well as the relationship between the Accumulation Distribution and period momentum indicator , to decide if Hiru performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.58 |
Modest predictability
Hiru Corporation has modest predictability. Overlapping area represents the amount of predictability between Hiru time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st 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 Hiru price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Hiru price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hiru lagged returns against current returns
Autocorrelation, which is Hiru pink sheet'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 Hiru's pink sheet expected returns. We can calculate the autocorrelation of Hiru returns to help us make a trade decision. For example, suppose you find that Hiru has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Hiru 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 Hiru pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hiru pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hiru pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Hiru Lagged Returns
When evaluating Hiru's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hiru pink sheet have on its future price. Hiru 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, Hiru autocorrelation shows the relationship between Hiru pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Hiru Corporation.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Hiru Pink Sheet Analysis
When running Hiru's price analysis, check to measure Hiru'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 Hiru is operating at the current time. Most of Hiru's value examination focuses on studying past and present price action to predict the probability of Hiru's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hiru's price. Additionally, you may evaluate how the addition of Hiru to your portfolios can decrease your overall portfolio volatility.