Himalaya Shipping (Norway) Market Value
| HSHP Stock | 92.60 1.20 1.28% |
| Symbol | Himalaya |
Himalaya Shipping '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 Himalaya Shipping'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 Himalaya Shipping.
| 12/23/2025 |
| 01/22/2026 |
If you would invest 0.00 in Himalaya Shipping on December 23, 2025 and sell it all today you would earn a total of 0.00 from holding Himalaya Shipping or generate 0.0% return on investment in Himalaya Shipping over 30 days.
Himalaya Shipping 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 Himalaya Shipping'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 Himalaya Shipping upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.29 | |||
| Information Ratio | 0.0898 | |||
| Maximum Drawdown | 14.32 | |||
| Value At Risk | (3.15) | |||
| Potential Upside | 3.38 |
Himalaya Shipping Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Himalaya Shipping's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Himalaya Shipping's standard deviation. In reality, there are many statistical measures that can use Himalaya Shipping historical prices to predict the future Himalaya Shipping's volatility.| Risk Adjusted Performance | 0.1069 | |||
| Jensen Alpha | 0.2845 | |||
| Total Risk Alpha | 0.0136 | |||
| Sortino Ratio | 0.0871 | |||
| Treynor Ratio | 3.57 |
Himalaya Shipping Backtested Returns
Himalaya Shipping appears to be very steady, given 3 months investment horizon. Himalaya Shipping holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Himalaya Shipping, which you can use to evaluate the volatility of the firm. Please utilize Himalaya Shipping's Market Risk Adjusted Performance of 3.58, risk adjusted performance of 0.1069, and Downside Deviation of 2.29 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Himalaya Shipping holds a performance score of 11. The company retains a Market Volatility (i.e., Beta) of 0.0818, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Himalaya Shipping's returns are expected to increase less than the market. However, during the bear market, the loss of holding Himalaya Shipping is expected to be smaller as well. Please check Himalaya Shipping's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Himalaya Shipping's current trending patterns will revert.
Auto-correlation | 0.02 |
Virtually no predictability
Himalaya Shipping has virtually no predictability. Overlapping area represents the amount of predictability between Himalaya Shipping time series from 23rd of December 2025 to 7th of January 2026 and 7th of January 2026 to 22nd 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 Himalaya Shipping price movement. The serial correlation of 0.02 indicates that only 2.0% of current Himalaya Shipping price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 6.81 |
Himalaya Shipping lagged returns against current returns
Autocorrelation, which is Himalaya Shipping 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 Himalaya Shipping's stock expected returns. We can calculate the autocorrelation of Himalaya Shipping returns to help us make a trade decision. For example, suppose you find that Himalaya Shipping 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 |
Himalaya Shipping 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 Himalaya Shipping stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Himalaya Shipping stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Himalaya Shipping stock over time.
Current vs Lagged Prices |
| Timeline |
Himalaya Shipping Lagged Returns
When evaluating Himalaya Shipping's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Himalaya Shipping stock have on its future price. Himalaya Shipping 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, Himalaya Shipping autocorrelation shows the relationship between Himalaya Shipping stock current value and its past values and can show if there is a momentum factor associated with investing in Himalaya Shipping.
Regressed Prices |
| Timeline |
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