HAPAG-LLOYD UNSPADR (Germany) Market Value
| HLAA Stock | EUR 82.00 2.50 3.14% |
| Symbol | HAPAG-LLOYD |
HAPAG-LLOYD UNSPADR '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 HAPAG-LLOYD UNSPADR'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 HAPAG-LLOYD UNSPADR.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in HAPAG-LLOYD UNSPADR on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding HAPAG LLOYD UNSPADR 12 or generate 0.0% return on investment in HAPAG-LLOYD UNSPADR over 270 days. HAPAG-LLOYD UNSPADR is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a liner shipping company worldwide More
HAPAG-LLOYD UNSPADR 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 HAPAG-LLOYD UNSPADR'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 HAPAG LLOYD UNSPADR 12 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.0 | |||
| Information Ratio | 0.0334 | |||
| Maximum Drawdown | 17.44 | |||
| Value At Risk | (6.00) | |||
| Potential Upside | 4.7 |
HAPAG-LLOYD UNSPADR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HAPAG-LLOYD UNSPADR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HAPAG-LLOYD UNSPADR's standard deviation. In reality, there are many statistical measures that can use HAPAG-LLOYD UNSPADR historical prices to predict the future HAPAG-LLOYD UNSPADR's volatility.| Risk Adjusted Performance | 0.0622 | |||
| Jensen Alpha | 0.2324 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0292 | |||
| Treynor Ratio | 5.63 |
HAPAG LLOYD UNSPADR Backtested Returns
HAPAG-LLOYD UNSPADR appears to be very steady, given 3 months investment horizon. HAPAG LLOYD UNSPADR holds Efficiency (Sharpe) Ratio of 0.0649, which attests that the company had a 0.0649% return per unit of volatility over the last 3 months. We have found thirty technical indicators for HAPAG LLOYD UNSPADR, which you can use to evaluate the volatility of the entity. Please utilize HAPAG-LLOYD UNSPADR's semi deviation of 3.61, and Market Risk Adjusted Performance of 5.64 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, HAPAG-LLOYD UNSPADR holds a performance score of 5. The firm retains a Market Volatility (i.e., Beta) of 0.0422, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HAPAG-LLOYD UNSPADR's returns are expected to increase less than the market. However, during the bear market, the loss of holding HAPAG-LLOYD UNSPADR is expected to be smaller as well. Please check HAPAG-LLOYD UNSPADR's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether HAPAG-LLOYD UNSPADR's current trending patterns will revert.
Auto-correlation | 0.08 |
Virtually no predictability
HAPAG LLOYD UNSPADR 12 has virtually no predictability. Overlapping area represents the amount of predictability between HAPAG-LLOYD UNSPADR time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd 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 HAPAG LLOYD UNSPADR price movement. The serial correlation of 0.08 indicates that barely 8.0% of current HAPAG-LLOYD UNSPADR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 20.48 |
HAPAG LLOYD UNSPADR lagged returns against current returns
Autocorrelation, which is HAPAG-LLOYD UNSPADR 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 HAPAG-LLOYD UNSPADR's stock expected returns. We can calculate the autocorrelation of HAPAG-LLOYD UNSPADR returns to help us make a trade decision. For example, suppose you find that HAPAG-LLOYD UNSPADR 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 |
HAPAG-LLOYD UNSPADR 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 HAPAG-LLOYD UNSPADR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HAPAG-LLOYD UNSPADR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HAPAG-LLOYD UNSPADR stock over time.
Current vs Lagged Prices |
| Timeline |
HAPAG-LLOYD UNSPADR Lagged Returns
When evaluating HAPAG-LLOYD UNSPADR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HAPAG-LLOYD UNSPADR stock have on its future price. HAPAG-LLOYD UNSPADR 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, HAPAG-LLOYD UNSPADR autocorrelation shows the relationship between HAPAG-LLOYD UNSPADR stock current value and its past values and can show if there is a momentum factor associated with investing in HAPAG LLOYD UNSPADR 12.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in HAPAG-LLOYD Stock
HAPAG-LLOYD UNSPADR financial ratios help investors to determine whether HAPAG-LLOYD 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 HAPAG-LLOYD with respect to the benefits of owning HAPAG-LLOYD UNSPADR security.