Hong Kong (UK) Market Value
| HKLB Stock | 7.41 0.00 0.00% |
| Symbol | Hong |
Hong Kong '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 Hong Kong'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 Hong Kong.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Hong Kong on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Hong Kong Land or generate 0.0% return on investment in Hong Kong over 30 days. Hong Kong is related to or competes with Derwent London, Hammerson PLC, Workspace Group, Supermarket Income, NatWest Group, Herald Investment, and Diversified Energy. Hong Kong is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Hong Kong 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 Hong Kong'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 Hong Kong Land upside and downside potential and time the market with a certain degree of confidence.
Hong Kong Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hong Kong's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hong Kong's standard deviation. In reality, there are many statistical measures that can use Hong Kong historical prices to predict the future Hong Kong's volatility.Hong Kong Land Backtested Returns
We have found three technical indicators for Hong Kong Land, 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 Hong Kong are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Hong Kong Land has perfect predictability. Overlapping area represents the amount of predictability between Hong Kong time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Hong Kong Land price movement. The serial correlation of 1.0 indicates that 100.0% of current Hong Kong price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hong Kong Land lagged returns against current returns
Autocorrelation, which is Hong Kong 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 Hong Kong's stock expected returns. We can calculate the autocorrelation of Hong Kong returns to help us make a trade decision. For example, suppose you find that Hong Kong 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 |
Hong Kong 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 Hong Kong stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hong Kong stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hong Kong stock over time.
Current vs Lagged Prices |
| Timeline |
Hong Kong Lagged Returns
When evaluating Hong Kong's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hong Kong stock have on its future price. Hong Kong 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, Hong Kong autocorrelation shows the relationship between Hong Kong stock current value and its past values and can show if there is a momentum factor associated with investing in Hong Kong Land.
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.Additional Tools for Hong Stock Analysis
When running Hong Kong's price analysis, check to measure Hong Kong'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 Hong Kong is operating at the current time. Most of Hong Kong's value examination focuses on studying past and present price action to predict the probability of Hong Kong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hong Kong's price. Additionally, you may evaluate how the addition of Hong Kong to your portfolios can decrease your overall portfolio volatility.