Hino Motors (Germany) Market Value
| HMO Stock | EUR 3.10 0.42 11.93% |
| Symbol | Hino |
Hino Motors '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 Hino Motors' 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 Hino Motors.
| 12/11/2023 |
| 02/03/2025 |
If you would invest 0.00 in Hino Motors on December 11, 2023 and sell it all today you would earn a total of 0.00 from holding Hino Motors or generate 0.0% return on investment in Hino Motors over 420 days. Hino Motors is related to or competes with VIENNA INSURANCE, Direct Line, Reinsurance Group, CSSC Offshore, ALERION CLEANPOWER, Eidesvik Offshore, and Clean Energy. More
Hino Motors 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 Hino Motors' 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 Hino Motors upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.34 | |||
| Information Ratio | 0.069 | |||
| Maximum Drawdown | 20.8 | |||
| Value At Risk | (9.24) | |||
| Potential Upside | 5.97 |
Hino Motors Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hino Motors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hino Motors' standard deviation. In reality, there are many statistical measures that can use Hino Motors historical prices to predict the future Hino Motors' volatility.| Risk Adjusted Performance | 0.0832 | |||
| Jensen Alpha | 0.3106 | |||
| Total Risk Alpha | 0.0203 | |||
| Sortino Ratio | 0.0485 | |||
| Treynor Ratio | 1.3 |
Hino Motors Backtested Returns
Hino Motors appears to be unstable, given 3 months investment horizon. Hino Motors holds Efficiency (Sharpe) Ratio of 0.3, which attests that the entity had a 0.3 % return per unit of risk over the last 3 months. By evaluating Hino Motors' technical indicators, you can evaluate if the expected return of 0.89% is justified by implied risk. Please utilize Hino Motors' Risk Adjusted Performance of 0.0832, downside deviation of 5.34, and Market Risk Adjusted Performance of 1.31 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hino Motors holds a performance score of 23. The company retains a Market Volatility (i.e., Beta) of 0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hino Motors' returns are expected to increase less than the market. However, during the bear market, the loss of holding Hino Motors is expected to be smaller as well. Please check Hino Motors' downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness , to make a quick decision on whether Hino Motors' current trending patterns will revert.
Auto-correlation | -0.53 |
Good reverse predictability
Hino Motors has good reverse predictability. Overlapping area represents the amount of predictability between Hino Motors time series from 11th of December 2023 to 8th of July 2024 and 8th of July 2024 to 3rd of February 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 Hino Motors price movement. The serial correlation of -0.53 indicates that about 53.0% of current Hino Motors price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Hino Motors lagged returns against current returns
Autocorrelation, which is Hino Motors 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 Hino Motors' stock expected returns. We can calculate the autocorrelation of Hino Motors returns to help us make a trade decision. For example, suppose you find that Hino Motors 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 |
Hino Motors 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 Hino Motors stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hino Motors stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hino Motors stock over time.
Current vs Lagged Prices |
| Timeline |
Hino Motors Lagged Returns
When evaluating Hino Motors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hino Motors stock have on its future price. Hino Motors 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, Hino Motors autocorrelation shows the relationship between Hino Motors stock current value and its past values and can show if there is a momentum factor associated with investing in Hino Motors.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Hino Stock Analysis
When running Hino Motors' price analysis, check to measure Hino Motors' 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 Hino Motors is operating at the current time. Most of Hino Motors' value examination focuses on studying past and present price action to predict the probability of Hino Motors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hino Motors' price. Additionally, you may evaluate how the addition of Hino Motors to your portfolios can decrease your overall portfolio volatility.