H M (Germany) Market Value
| HMSB Stock | EUR 13.23 0.08 0.61% |
| Symbol | HMSB |
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 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 H M.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in H M on October 24, 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 Plastic Omnium, NEWELL RUBBERMAID, BlueScope Steel, and NIPPON STEEL. H M Hennes Mauritz AB provides clothing, accessories, footwear, and cosmetics for women, men, teenagers, children, and b... 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 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 H M Hennes upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | 0.0577 | |||
| Maximum Drawdown | 29.38 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 3.28 |
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 | 0.0737 | |||
| Jensen Alpha | 0.295 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.1089 | |||
| Treynor Ratio | 1.15 |
H M Hennes Backtested Returns
H M appears to be somewhat reliable, given 3 months investment horizon. H M Hennes holds Efficiency (Sharpe) Ratio of 0.0817, which attests that the company had a 0.0817% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for H M Hennes, which you can use to evaluate the volatility of the entity. Please utilize H M's downside deviation of 2.05, and Semi Deviation of 1.68 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, H M holds a performance score of 6. The firm retains a Market Volatility (i.e., Beta) of 0.28, 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. Please check H M's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether H M's current trending patterns will revert.
Auto-correlation | 0.19 |
Very weak predictability
H M Hennes has very weak predictability. Overlapping area represents the amount of predictability between H M time series from 24th of October 2024 to 8th of November 2024 and 8th of November 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 H M Hennes price movement. The serial correlation of 0.19 indicates that over 19.0% of current H M price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
H M Hennes lagged returns against current returns
Autocorrelation, which is H M 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 H M's stock 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 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 |
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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if H M stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in H M stock 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 stock 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 stock 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 HMSB Stock
H M financial ratios help investors to determine whether HMSB 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 HMSB with respect to the benefits of owning H M security.