Herms International (Germany) Market Value
| HMI Stock | EUR 2,313 4.00 0.17% |
| Symbol | Herms |
Herms International '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 Herms International'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 Herms International.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in Herms International on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Herms International Socit or generate 0.0% return on investment in Herms International over 30 days. Herms International is related to or competes with LVMH Mot, CHRISTIAN DIOR, Christian Dior, Swatch, Compagnie Financire, and KERINGUNSPADR 110. Herms International Socit en commandite par actions engages in the production, wholesale, and retail of various goods More
Herms International 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 Herms International'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 Herms International Socit upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.6 | |||
| Information Ratio | 0.11 | |||
| Maximum Drawdown | 15.68 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 3.81 |
Herms International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Herms International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Herms International's standard deviation. In reality, there are many statistical measures that can use Herms International historical prices to predict the future Herms International's volatility.| Risk Adjusted Performance | 0.1104 | |||
| Jensen Alpha | 0.2825 | |||
| Total Risk Alpha | 0.1839 | |||
| Sortino Ratio | 0.1536 | |||
| Treynor Ratio | (7.23) |
Herms International Socit Backtested Returns
Herms International appears to be very steady, given 3 months investment horizon. Herms International Socit holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Herms International Socit, which you can use to evaluate the volatility of the firm. Please utilize Herms International's Risk Adjusted Performance of 0.1104, market risk adjusted performance of (7.22), and Downside Deviation of 1.6 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Herms International holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of -0.0389, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Herms International are expected to decrease at a much lower rate. During the bear market, Herms International is likely to outperform the market. Please check Herms International's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Herms International's current trending patterns will revert.
Auto-correlation | 0.56 |
Modest predictability
Herms International Socit has modest predictability. Overlapping area represents the amount of predictability between Herms International time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th of December 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 Herms International Socit price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Herms International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 540.63 |
Herms International Socit lagged returns against current returns
Autocorrelation, which is Herms International 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 Herms International's stock expected returns. We can calculate the autocorrelation of Herms International returns to help us make a trade decision. For example, suppose you find that Herms International 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 |
Herms International 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 Herms International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Herms International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Herms International stock over time.
Current vs Lagged Prices |
| Timeline |
Herms International Lagged Returns
When evaluating Herms International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Herms International stock have on its future price. Herms International 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, Herms International autocorrelation shows the relationship between Herms International stock current value and its past values and can show if there is a momentum factor associated with investing in Herms International Socit.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Herms Stock
Herms International financial ratios help investors to determine whether Herms 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 Herms with respect to the benefits of owning Herms International security.