Hysan Development Co Stock Market Value
| HYSNY Stock | USD 3.25 0.01 0.31% |
| Symbol | Hysan |
Hysan Development '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 Hysan Development'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 Hysan Development.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Hysan Development on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Hysan Development Co or generate 0.0% return on investment in Hysan Development over 30 days. Hysan Development is related to or competes with Hang Lung, Henderson Land, New World, Bank of East Asia Limited, and Hang Seng. Hysan is a leading property investment, management and development company in Hong Kong, with a portfolio of more than 4... More
Hysan Development 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 Hysan Development'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 Hysan Development Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.97 | |||
| Information Ratio | 0.0654 | |||
| Maximum Drawdown | 16.36 | |||
| Value At Risk | (6.32) | |||
| Potential Upside | 5.83 |
Hysan Development Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hysan Development's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hysan Development's standard deviation. In reality, there are many statistical measures that can use Hysan Development historical prices to predict the future Hysan Development's volatility.| Risk Adjusted Performance | 0.0809 | |||
| Jensen Alpha | 0.3281 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0595 | |||
| Treynor Ratio | 4.47 |
Hysan Development Backtested Returns
Hysan Development appears to be risky, given 3 months investment horizon. Hysan Development holds Efficiency (Sharpe) Ratio of 0.0627, which attests that the entity had a 0.0627% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hysan Development, which you can use to evaluate the volatility of the firm. Please utilize Hysan Development's Risk Adjusted Performance of 0.0809, market risk adjusted performance of 4.48, and Downside Deviation of 3.97 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hysan Development holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of 0.0751, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hysan Development's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hysan Development is expected to be smaller as well. Please check Hysan Development's potential upside, as well as the relationship between the accumulation distribution and price action indicator , to make a quick decision on whether Hysan Development's current trending patterns will revert.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Hysan Development Co has insignificant reverse predictability. Overlapping area represents the amount of predictability between Hysan Development time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Hysan Development price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Hysan Development price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hysan Development lagged returns against current returns
Autocorrelation, which is Hysan Development 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 Hysan Development's pink sheet expected returns. We can calculate the autocorrelation of Hysan Development returns to help us make a trade decision. For example, suppose you find that Hysan Development 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 |
Hysan Development 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 Hysan Development pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hysan Development pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hysan Development pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Hysan Development Lagged Returns
When evaluating Hysan Development's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hysan Development pink sheet have on its future price. Hysan Development 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, Hysan Development autocorrelation shows the relationship between Hysan Development pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Hysan Development Co.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Hysan Pink Sheet Analysis
When running Hysan Development's price analysis, check to measure Hysan Development's 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 Hysan Development is operating at the current time. Most of Hysan Development's value examination focuses on studying past and present price action to predict the probability of Hysan Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hysan Development's price. Additionally, you may evaluate how the addition of Hysan Development to your portfolios can decrease your overall portfolio volatility.