H M Hennes Stock Market Value
| HMRZF Stock | USD 13.95 0.55 3.79% |
| Symbol | HMRZF |
H M '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 H M'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 H M.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in H M on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding H M Hennes or generate 0.0% return on investment in H M over 30 days. H M is related to or competes with Xcel Brands, and Oxford Industries. H M Hennes Mauritz AB provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, t... More
H M 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 H M'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 H M Hennes upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 20.52 | |||
| Value At Risk | (3.97) | |||
| Potential Upside | 0.7893 |
H M Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for H M's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as H M's standard deviation. In reality, there are many statistical measures that can use H M historical prices to predict the future H M's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (2.16) |
H M Hennes Backtested Returns
H M Hennes holds Efficiency (Sharpe) Ratio of -0.0462, which attests that the company had a -0.0462% return per unit of risk over the last 3 months. H M Hennes exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out H M's coefficient of variation of (2,197), and Standard Deviation of 2.41 to validate the risk estimate we provide. The firm retains a Market Volatility (i.e., Beta) of 0.0554, which attests to not very significant fluctuations relative to the market. As returns on the market increase, H M's returns are expected to increase less than the market. However, during the bear market, the loss of holding H M is expected to be smaller as well. At this point, H M Hennes has a negative expected return of -0.11%. Please make sure to check out H M's information ratio, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if H M Hennes performance from the past will be repeated sooner or later.
Auto-correlation | 0.63 |
Good predictability
H M Hennes has good predictability. Overlapping area represents the amount of predictability between H M time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 H M Hennes price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current H M price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
H M Hennes lagged returns against current returns
Autocorrelation, which is H M 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 H M's pink sheet expected returns. We can calculate the autocorrelation of H M returns to help us make a trade decision. For example, suppose you find that H M 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 |
H M 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 H M pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if H M pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in H M pink sheet over time.
Current vs Lagged Prices |
| Timeline |
H M Lagged Returns
When evaluating H M's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of H M pink sheet have on its future price. H M 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, H M autocorrelation shows the relationship between H M pink sheet current value and its past values and can show if there is a momentum factor associated with investing in H M Hennes.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in HMRZF Pink Sheet
H M financial ratios help investors to determine whether HMRZF Pink Sheet 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 HMRZF with respect to the benefits of owning H M security.