CONSOLIDATED HALLMARK's market value is the price at which a share of CONSOLIDATED HALLMARK trades on a public exchange. It measures the collective expectations of CONSOLIDATED HALLMARK INSURANCE investors about its performance. CONSOLIDATED HALLMARK is selling for 2.22 as of the 12th of December 2024. This is a 7.11 percent decrease since the beginning of the trading day. The stock's lowest day price was 2.16. With this module, you can estimate the performance of a buy and hold strategy of CONSOLIDATED HALLMARK INSURANCE and determine expected loss or profit from investing in CONSOLIDATED HALLMARK over a given investment horizon. Check out Trending Equities 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 nation.
Symbol
CONSOLIDATED
CONSOLIDATED HALLMARK '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 CONSOLIDATED HALLMARK'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 CONSOLIDATED HALLMARK.
0.00
11/12/2024
No Change 0.00
0.0
In 31 days
12/12/2024
0.00
If you would invest 0.00 in CONSOLIDATED HALLMARK on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding CONSOLIDATED HALLMARK INSURANCE or generate 0.0% return on investment in CONSOLIDATED HALLMARK over 30 days.
CONSOLIDATED HALLMARK 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 CONSOLIDATED HALLMARK'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 CONSOLIDATED HALLMARK INSURANCE 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 CONSOLIDATED HALLMARK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CONSOLIDATED HALLMARK's standard deviation. In reality, there are many statistical measures that can use CONSOLIDATED HALLMARK historical prices to predict the future CONSOLIDATED HALLMARK's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CONSOLIDATED HALLMARK. Your research has to be compared to or analyzed against CONSOLIDATED HALLMARK's peers to derive any actionable benefits. When done correctly, CONSOLIDATED HALLMARK's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in CONSOLIDATED HALLMARK.
CONSOLIDATED HALLMARK Backtested Returns
CONSOLIDATED HALLMARK appears to be very risky, given 3 months investment horizon. CONSOLIDATED HALLMARK secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. By reviewing CONSOLIDATED HALLMARK's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please makes use of CONSOLIDATED HALLMARK's mean deviation of 3.76, and Risk Adjusted Performance of 0.1316 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CONSOLIDATED HALLMARK holds a performance score of 11. The firm shows a Beta (market volatility) of 1.23, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, CONSOLIDATED HALLMARK will likely underperform. Please check CONSOLIDATED HALLMARK's downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness , to make a quick decision on whether CONSOLIDATED HALLMARK's price patterns will revert.
Auto-correlation
0.71
Good predictability
CONSOLIDATED HALLMARK INSURANCE has good predictability. Overlapping area represents the amount of predictability between CONSOLIDATED HALLMARK time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 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 CONSOLIDATED HALLMARK price movement. The serial correlation of 0.71 indicates that around 71.0% of current CONSOLIDATED HALLMARK price fluctuation can be explain by its past prices.
Correlation Coefficient
0.71
Spearman Rank Test
0.4
Residual Average
0.0
Price Variance
0.04
CONSOLIDATED HALLMARK lagged returns against current returns
Autocorrelation, which is CONSOLIDATED HALLMARK 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 CONSOLIDATED HALLMARK's stock expected returns. We can calculate the autocorrelation of CONSOLIDATED HALLMARK returns to help us make a trade decision. For example, suppose you find that CONSOLIDATED HALLMARK 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
CONSOLIDATED HALLMARK 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 CONSOLIDATED HALLMARK stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CONSOLIDATED HALLMARK stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CONSOLIDATED HALLMARK stock over time.
Current vs Lagged Prices
Timeline
CONSOLIDATED HALLMARK Lagged Returns
When evaluating CONSOLIDATED HALLMARK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CONSOLIDATED HALLMARK stock have on its future price. CONSOLIDATED HALLMARK 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, CONSOLIDATED HALLMARK autocorrelation shows the relationship between CONSOLIDATED HALLMARK stock current value and its past values and can show if there is a momentum factor associated with investing in CONSOLIDATED HALLMARK INSURANCE.
Regressed Prices
Timeline
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