HSBC HOLDINGS PLC Market Value
| 404280CF4 | 99.11 0.46 0.46% |
| Symbol | 404280CF4 |
404280CF4 '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 404280CF4's bond 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 404280CF4.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in 404280CF4 on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding HSBC HOLDINGS PLC or generate 0.0% return on investment in 404280CF4 over 720 days. 404280CF4 is related to or competes with PennantPark Floating, Viemed Healthcare, Ameriprise Financial, Sonida Senior, Waste Management, and Alvotech. More
404280CF4 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 404280CF4's bond 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 HSBC HOLDINGS PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.54) | |||
| Maximum Drawdown | 1.75 | |||
| Value At Risk | (0.61) | |||
| Potential Upside | 0.4515 |
404280CF4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 404280CF4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 404280CF4's standard deviation. In reality, there are many statistical measures that can use 404280CF4 historical prices to predict the future 404280CF4's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (1.13) |
HSBC HOLDINGS PLC Backtested Returns
HSBC HOLDINGS PLC retains Efficiency (Sharpe Ratio) of -0.14, which signifies that the bond had a -0.14% return per unit of price deviation over the last 3 months. 404280CF4 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 404280CF4's Coefficient Of Variation of (706.80), information ratio of (0.54), and Market Risk Adjusted Performance of (1.12) to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.0495, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 404280CF4's returns are expected to increase less than the market. However, during the bear market, the loss of holding 404280CF4 is expected to be smaller as well.
Auto-correlation | -0.63 |
Very good reverse predictability
HSBC HOLDINGS PLC has very good reverse predictability. Overlapping area represents the amount of predictability between 404280CF4 time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 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 HSBC HOLDINGS PLC price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current 404280CF4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 2.68 |
HSBC HOLDINGS PLC lagged returns against current returns
Autocorrelation, which is 404280CF4 bond'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 404280CF4's bond expected returns. We can calculate the autocorrelation of 404280CF4 returns to help us make a trade decision. For example, suppose you find that 404280CF4 has exhibited high autocorrelation historically, and you observe that the bond 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 |
404280CF4 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 404280CF4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 404280CF4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 404280CF4 bond over time.
Current vs Lagged Prices |
| Timeline |
404280CF4 Lagged Returns
When evaluating 404280CF4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 404280CF4 bond have on its future price. 404280CF4 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, 404280CF4 autocorrelation shows the relationship between 404280CF4 bond current value and its past values and can show if there is a momentum factor associated with investing in HSBC HOLDINGS PLC.
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.Other Information on Investing in 404280CF4 Bond
404280CF4 financial ratios help investors to determine whether 404280CF4 Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 404280CF4 with respect to the benefits of owning 404280CF4 security.