Hello Group Stock Market Value
| MOMO Stock | USD 6.36 0.20 3.05% |
| Symbol | Hello |
Hello Group Price To Book Ratio
Is Interactive Media & Services 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 Hello. If investors know Hello 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 Hello listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.26) | Earnings Share 0.99 | Revenue Per Share 60.55 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0793 |
The market value of Hello Group is measured differently than its book value, which is the value of Hello that is recorded on the company's balance sheet. Investors also form their own opinion of Hello's value that differs from its market value or its book value, called intrinsic value, which is Hello's 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 Hello's market value can be influenced by many factors that don't directly affect Hello's 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 Hello's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hello is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hello's 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.
Hello '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 Hello'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 Hello.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Hello on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Hello Group or generate 0.0% return on investment in Hello over 30 days. Hello is related to or competes with Weibo Corp, Autohome, Tencent Music, DouYu International, YY, Baidu, and Yelp. Hello Group Inc. provides mobile-based social and entertainment services in the Peoples Republic of China More
Hello 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 Hello'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 Hello Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 15.29 | |||
| Value At Risk | (4.28) | |||
| Potential Upside | 3.99 |
Hello Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hello's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hello's standard deviation. In reality, there are many statistical measures that can use Hello historical prices to predict the future Hello's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | 0.2535 |
Hello Group Backtested Returns
Hello Group holds Efficiency (Sharpe) Ratio of -0.001, which attests that the entity had a -0.001% return per unit of risk over the last 3 months. Hello Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hello's Standard Deviation of 2.74, market risk adjusted performance of 0.2635, and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hello are expected to decrease at a much lower rate. During the bear market, Hello is likely to outperform the market. At this point, Hello Group has a negative expected return of -0.0028%. Please make sure to check out Hello's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Hello Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.51 |
Modest predictability
Hello Group has modest predictability. Overlapping area represents the amount of predictability between Hello time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Hello Group price movement. The serial correlation of 0.51 indicates that about 51.0% of current Hello price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Hello Group lagged returns against current returns
Autocorrelation, which is Hello 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 Hello's stock expected returns. We can calculate the autocorrelation of Hello returns to help us make a trade decision. For example, suppose you find that Hello 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 |
Hello 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 Hello stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hello stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hello stock over time.
Current vs Lagged Prices |
| Timeline |
Hello Lagged Returns
When evaluating Hello's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hello stock have on its future price. Hello 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, Hello autocorrelation shows the relationship between Hello stock current value and its past values and can show if there is a momentum factor associated with investing in Hello Group.
Regressed Prices |
| Timeline |
Pair Trading with Hello
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hello position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hello will appreciate offsetting losses from the drop in the long position's value.Moving together with Hello Stock
Moving against Hello Stock
The ability to find closely correlated positions to Hello could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hello when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hello - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hello Group to buy it.
The correlation of Hello is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hello moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hello Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hello can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Hello Correlation, Hello Volatility and Hello Alpha and Beta module to complement your research on Hello. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Hello technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.