Hesai Group American Stock Market Value
| HSAI Stock | 4.74 0.13 2.82% |
| Symbol | Hesai |
Hesai Group American Price To Book Ratio
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hesai Group. If investors know Hesai will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hesai Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.50) | Revenue Per Share 14.349 | Quarterly Revenue Growth 0.042 | Return On Assets (0.06) | Return On Equity (0.12) |
The market value of Hesai Group American is measured differently than its book value, which is the value of Hesai that is recorded on the company's balance sheet. Investors also form their own opinion of Hesai Group's value that differs from its market value or its book value, called intrinsic value, which is Hesai Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hesai Group's market value can be influenced by many factors that don't directly affect Hesai Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hesai Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hesai Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hesai Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Hesai Group '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 Hesai Group'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 Hesai Group.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Hesai Group on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Hesai Group American or generate 0.0% return on investment in Hesai Group over 30 days. Hesai Group is related to or competes with Zhihu, Tenaris SA, Drilling Tools, Cadence Design, AKITA Drilling, and FiscalNote Holdings. Hesai Group is entity of United States. It is traded as Stock on NASDAQ exchange. More
Hesai Group 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 Hesai Group'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 Hesai Group American upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.98 | |||
| Information Ratio | 0.031 | |||
| Maximum Drawdown | 17.08 | |||
| Value At Risk | (6.65) | |||
| Potential Upside | 7.88 |
Hesai Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hesai Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hesai Group's standard deviation. In reality, there are many statistical measures that can use Hesai Group historical prices to predict the future Hesai Group's volatility.| Risk Adjusted Performance | 0.057 | |||
| Jensen Alpha | 0.1902 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | 0.0311 | |||
| Treynor Ratio | 0.5434 |
Hesai Group American Backtested Returns
Hesai Group appears to be slightly risky, given 3 months investment horizon. Hesai Group American holds Efficiency (Sharpe) Ratio of 0.0661, which attests that the entity had a 0.0661% return per unit of risk over the last 3 months. We have found thirty technical indicators for Hesai Group American, which you can use to evaluate the volatility of the firm. Please utilize Hesai Group's Market Risk Adjusted Performance of 0.5534, downside deviation of 3.98, and Risk Adjusted Performance of 0.057 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hesai Group holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of 0.45, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hesai Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hesai Group is expected to be smaller as well. Please check Hesai Group's maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to make a quick decision on whether Hesai Group's current trending patterns will revert.
Auto-correlation | -0.21 |
Weak reverse predictability
Hesai Group American has weak reverse predictability. Overlapping area represents the amount of predictability between Hesai Group time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Hesai Group American price movement. The serial correlation of -0.21 indicates that over 21.0% of current Hesai Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Hesai Group American lagged returns against current returns
Autocorrelation, which is Hesai Group 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 Hesai Group's stock expected returns. We can calculate the autocorrelation of Hesai Group returns to help us make a trade decision. For example, suppose you find that Hesai Group 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 |
Hesai Group 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 Hesai Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hesai Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hesai Group stock over time.
Current vs Lagged Prices |
| Timeline |
Hesai Group Lagged Returns
When evaluating Hesai Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hesai Group stock have on its future price. Hesai Group 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, Hesai Group autocorrelation shows the relationship between Hesai Group stock current value and its past values and can show if there is a momentum factor associated with investing in Hesai Group American.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Hesai Group American offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hesai Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hesai Group American Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hesai Group American Stock:Check out Hesai Group Correlation, Hesai Group Volatility and Hesai Group Alpha and Beta module to complement your research on Hesai Group. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Hesai Group technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.