Hyzon Motors Stock Market Value
| HYZNW Stock | USD 0.01 0.0002 1.45% |
| Symbol | HYZON |
HYZON Motors 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 HYZON Motors. If investors know HYZON 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 HYZON Motors listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.27) | Revenue Per Share 2.152 | Quarterly Revenue Growth (0.62) | Return On Assets (0.50) | Return On Equity (1.33) |
The market value of HYZON Motors is measured differently than its book value, which is the value of HYZON that is recorded on the company's balance sheet. Investors also form their own opinion of HYZON Motors' value that differs from its market value or its book value, called intrinsic value, which is HYZON Motors' 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 HYZON Motors' market value can be influenced by many factors that don't directly affect HYZON Motors' 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 HYZON Motors' value and its price as these two are different measures arrived at by different means. Investors typically determine if HYZON Motors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HYZON Motors' 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.
HYZON Motors '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 HYZON Motors' 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 HYZON Motors.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in HYZON Motors on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding HYZON Motors or generate 0.0% return on investment in HYZON Motors over 30 days. HYZON Motors is related to or competes with NextNav Warrant, and Inspira Technologies. HYZON Motors Inc, a hydrogen mobility company, manufactures hydrogen-powered commercial vehicles and fuel cell systems More
HYZON Motors 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 HYZON Motors' 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 HYZON Motors upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.63 | |||
| Information Ratio | 0.1185 | |||
| Maximum Drawdown | 188.11 | |||
| Value At Risk | (23.08) | |||
| Potential Upside | 50.77 |
HYZON Motors Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HYZON Motors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HYZON Motors' standard deviation. In reality, there are many statistical measures that can use HYZON Motors historical prices to predict the future HYZON Motors' volatility.| Risk Adjusted Performance | 0.1042 | |||
| Jensen Alpha | 3.87 | |||
| Total Risk Alpha | (0.96) | |||
| Sortino Ratio | 0.1854 | |||
| Treynor Ratio | (0.84) |
HYZON Motors Backtested Returns
HYZON Motors is out of control given 3 months investment horizon. HYZON Motors holds Efficiency (Sharpe) Ratio of 0.0603, which attests that the entity had a 0.0603% return per unit of standard deviation over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.34% are justified by taking the suggested risk. Use HYZON Motors market risk adjusted performance of (0.83), and Risk Adjusted Performance of 0.1042 to evaluate company specific risk that cannot be diversified away. HYZON Motors holds a performance score of 4 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -4.02, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning HYZON Motors are expected to decrease by larger amounts. On the other hand, during market turmoil, HYZON Motors is expected to outperform it. Use HYZON Motors treynor ratio, expected short fall, as well as the relationship between the Expected Short fall and day median price , to analyze future returns on HYZON Motors.
Auto-correlation | 0.73 |
Good predictability
HYZON Motors has good predictability. Overlapping area represents the amount of predictability between HYZON Motors time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 HYZON Motors price movement. The serial correlation of 0.73 indicates that around 73.0% of current HYZON Motors price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
HYZON Motors lagged returns against current returns
Autocorrelation, which is HYZON Motors 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 HYZON Motors' stock expected returns. We can calculate the autocorrelation of HYZON Motors returns to help us make a trade decision. For example, suppose you find that HYZON Motors 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 |
HYZON Motors 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 HYZON Motors stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HYZON Motors stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HYZON Motors stock over time.
Current vs Lagged Prices |
| Timeline |
HYZON Motors Lagged Returns
When evaluating HYZON Motors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HYZON Motors stock have on its future price. HYZON Motors 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, HYZON Motors autocorrelation shows the relationship between HYZON Motors stock current value and its past values and can show if there is a momentum factor associated with investing in HYZON Motors.
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 HYZON Stock Analysis
When running HYZON Motors' price analysis, check to measure HYZON Motors' 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 HYZON Motors is operating at the current time. Most of HYZON Motors' value examination focuses on studying past and present price action to predict the probability of HYZON Motors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HYZON Motors' price. Additionally, you may evaluate how the addition of HYZON Motors to your portfolios can decrease your overall portfolio volatility.