H1II34 (Brazil) Market Value
| H1II34 Stock | BRL 15.50 0.90 5.49% |
| Symbol | H1II34 |
H1II34 '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 H1II34'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 H1II34.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in H1II34 on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding H1II34 or generate 0.0% return on investment in H1II34 over 720 days. H1II34 is related to or competes with Raytheon Technologies, Boeing, Lockheed Martin, Northrop Grumman, General Dynamics, Taurus Armas, and Taurus Armas. Huntington Ingalls Industries, Inc. engages in designing, building, overhauling, and repairing military ships in the Uni... More
H1II34 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 H1II34'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 H1II34 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 31.3 | |||
| Value At Risk | (5.49) | |||
| Potential Upside | 4.84 |
H1II34 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for H1II34's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as H1II34's standard deviation. In reality, there are many statistical measures that can use H1II34 historical prices to predict the future H1II34's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | 0.2675 |
H1II34 Backtested Returns
H1II34 holds Efficiency (Sharpe) Ratio of -0.0534, which attests that the company had a -0.0534% return per unit of risk over the last 3 months. H1II34 exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out H1II34's coefficient of variation of (1,454), and Standard Deviation of 4.12 to validate the risk estimate we provide. The firm retains a Market Volatility (i.e., Beta) of -1.1, which attests to a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning H1II34 are expected to decrease slowly. On the other hand, during market turmoil, H1II34 is expected to outperform it slightly. At this point, H1II34 has a negative expected return of -0.22%. Please make sure to check out H1II34's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if H1II34 performance from the past will be repeated sooner or later.
Auto-correlation | -0.29 |
Weak reverse predictability
H1II34 has weak reverse predictability. Overlapping area represents the amount of predictability between H1II34 time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 H1II34 price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current H1II34 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 2.39 |
H1II34 lagged returns against current returns
Autocorrelation, which is H1II34 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 H1II34's stock expected returns. We can calculate the autocorrelation of H1II34 returns to help us make a trade decision. For example, suppose you find that H1II34 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 |
H1II34 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 H1II34 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if H1II34 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in H1II34 stock over time.
Current vs Lagged Prices |
| Timeline |
H1II34 Lagged Returns
When evaluating H1II34's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of H1II34 stock have on its future price. H1II34 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, H1II34 autocorrelation shows the relationship between H1II34 stock current value and its past values and can show if there is a momentum factor associated with investing in H1II34.
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 H1II34 Stock
H1II34 financial ratios help investors to determine whether H1II34 Stock 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 H1II34 with respect to the benefits of owning H1II34 security.