Helios Towers (UK) Market Value
| HTWS Stock | 98.40 0.80 0.81% |
| Symbol | Helios |
Helios Towers '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 Helios Towers' 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 Helios Towers.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Helios Towers on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Helios Towers Plc or generate 0.0% return on investment in Helios Towers over 30 days. Helios Towers is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Toyota, Reliance Industries, SoftBank Group, and MOL Hungarian. Helios Towers is entity of United Kingdom More
Helios Towers 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 Helios Towers' 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 Helios Towers Plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 9.26 | |||
| Value At Risk | (2.87) | |||
| Potential Upside | 2.41 |
Helios Towers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Helios Towers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Helios Towers' standard deviation. In reality, there are many statistical measures that can use Helios Towers historical prices to predict the future Helios Towers' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | 1.36 |
Helios Towers Plc Backtested Returns
Helios Towers Plc holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Helios Towers Plc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Helios Towers' Standard Deviation of 1.73, market risk adjusted performance of 1.37, and Risk Adjusted Performance of (0.08) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Helios Towers are expected to decrease at a much lower rate. During the bear market, Helios Towers is likely to outperform the market. At this point, Helios Towers Plc has a negative expected return of -0.19%. Please make sure to check out Helios Towers' maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Helios Towers Plc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.03 |
Very weak reverse predictability
Helios Towers Plc has very weak reverse predictability. Overlapping area represents the amount of predictability between Helios Towers time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Helios Towers Plc price movement. The serial correlation of -0.03 indicates that only 3.0% of current Helios Towers price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 10.22 |
Helios Towers Plc lagged returns against current returns
Autocorrelation, which is Helios Towers 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 Helios Towers' stock expected returns. We can calculate the autocorrelation of Helios Towers returns to help us make a trade decision. For example, suppose you find that Helios Towers 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 |
Helios Towers 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 Helios Towers stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Helios Towers stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Helios Towers stock over time.
Current vs Lagged Prices |
| Timeline |
Helios Towers Lagged Returns
When evaluating Helios Towers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Helios Towers stock have on its future price. Helios Towers 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, Helios Towers autocorrelation shows the relationship between Helios Towers stock current value and its past values and can show if there is a momentum factor associated with investing in Helios Towers Plc.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Helios Stock Analysis
When running Helios Towers' price analysis, check to measure Helios Towers' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Helios Towers is operating at the current time. Most of Helios Towers' value examination focuses on studying past and present price action to predict the probability of Helios Towers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Helios Towers' price. Additionally, you may evaluate how the addition of Helios Towers to your portfolios can decrease your overall portfolio volatility.