Hera Spa Stock Market Value
| HRASF Stock | USD 4.10 0.00 0.00% |
| Symbol | Hera |
Hera SpA '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 Hera SpA'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 Hera SpA.
| 07/23/2024 |
| 01/14/2026 |
If you would invest 0.00 in Hera SpA on July 23, 2024 and sell it all today you would earn a total of 0.00 from holding Hera SpA or generate 0.0% return on investment in Hera SpA over 540 days. Hera SpA is related to or competes with A2A SpA, A2A SpA, Mercury NZ, Infratil, and Brookfield Renewable. Hera S.p.A., a multi-utility company, engages in the waste management, water services, and energy businesses in Italy More
Hera SpA 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 Hera SpA'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 Hera SpA upside and downside potential and time the market with a certain degree of confidence.
Hera SpA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hera SpA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hera SpA's standard deviation. In reality, there are many statistical measures that can use Hera SpA historical prices to predict the future Hera SpA's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hera SpA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hera SpA Backtested Returns
We have found three technical indicators for Hera SpA, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Hera SpA are completely uncorrelated.
Auto-correlation | 0.90 |
Excellent predictability
Hera SpA has excellent predictability. Overlapping area represents the amount of predictability between Hera SpA time series from 23rd of July 2024 to 19th of April 2025 and 19th of April 2025 to 14th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hera SpA price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Hera SpA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Hera SpA lagged returns against current returns
Autocorrelation, which is Hera SpA 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 Hera SpA's pink sheet expected returns. We can calculate the autocorrelation of Hera SpA returns to help us make a trade decision. For example, suppose you find that Hera SpA 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 |
Hera SpA 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 Hera SpA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hera SpA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hera SpA pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Hera SpA Lagged Returns
When evaluating Hera SpA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hera SpA pink sheet have on its future price. Hera SpA 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, Hera SpA autocorrelation shows the relationship between Hera SpA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Hera SpA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Hera Pink Sheet
Hera SpA financial ratios help investors to determine whether Hera 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 Hera with respect to the benefits of owning Hera SpA security.