HOVE AS's market value is the price at which a share of HOVE AS trades on a public exchange. It measures the collective expectations of HOVE AS DK investors about its performance. HOVE AS is trading at 0.72 as of the 7th of January 2026. This is a 2.86% up since the beginning of the trading day. The stock's lowest day price was 0.72. With this module, you can estimate the performance of a buy and hold strategy of HOVE AS DK and determine expected loss or profit from investing in HOVE AS over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Symbol
HOVE
HOVE AS '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 HOVE AS'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 HOVE AS.
0.00
07/11/2025
No Change 0.00
0.0
In 5 months and 30 days
01/07/2026
0.00
If you would invest 0.00 in HOVE AS on July 11, 2025 and sell it all today you would earn a total of 0.00 from holding HOVE AS DK or generate 0.0% return on investment in HOVE AS over 180 days.
HOVE AS 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 HOVE AS'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 HOVE AS DK upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for HOVE AS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HOVE AS's standard deviation. In reality, there are many statistical measures that can use HOVE AS historical prices to predict the future HOVE AS's volatility.
HOVE AS appears to be abnormally volatile, given 3 months investment horizon. HOVE AS DK holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13 % return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for HOVE AS DK, which you can use to evaluate the volatility of the firm. Please utilize HOVE AS's market risk adjusted performance of 0.915, and Risk Adjusted Performance of 0.0952 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, HOVE AS holds a performance score of 10. 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, HOVE AS's returns are expected to increase less than the market. However, during the bear market, the loss of holding HOVE AS is expected to be smaller as well. Please check HOVE AS's value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to make a quick decision on whether HOVE AS's current trending patterns will revert.
Auto-correlation
0.69
Good predictability
HOVE AS DK has good predictability. Overlapping area represents the amount of predictability between HOVE AS time series from 11th of July 2025 to 9th of October 2025 and 9th of October 2025 to 7th 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 HOVE AS DK price movement. The serial correlation of 0.69 indicates that around 69.0% of current HOVE AS price fluctuation can be explain by its past prices.
Correlation Coefficient
0.69
Spearman Rank Test
0.6
Residual Average
0.0
Price Variance
0.0
HOVE AS DK lagged returns against current returns
Autocorrelation, which is HOVE AS 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 HOVE AS's stock expected returns. We can calculate the autocorrelation of HOVE AS returns to help us make a trade decision. For example, suppose you find that HOVE AS 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
HOVE AS 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 HOVE AS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HOVE AS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HOVE AS stock over time.
Current vs Lagged Prices
Timeline
HOVE AS Lagged Returns
When evaluating HOVE AS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HOVE AS stock have on its future price. HOVE AS 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, HOVE AS autocorrelation shows the relationship between HOVE AS stock current value and its past values and can show if there is a momentum factor associated with investing in HOVE AS DK.