Hannon Armstrong Sustainable Stock Market Value
| HASI Stock | USD 31.36 0.09 0.29% |
| Symbol | Hannon |
Hannon Armstrong Sus Price To Book Ratio
Is Diversified REITs 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 Hannon Armstrong. If investors know Hannon 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 Hannon Armstrong 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 0.687 | Dividend Share 1.64 | Earnings Share 1.92 | Revenue Per Share 1.223 | Quarterly Revenue Growth (0.42) |
The market value of Hannon Armstrong Sus is measured differently than its book value, which is the value of Hannon that is recorded on the company's balance sheet. Investors also form their own opinion of Hannon Armstrong's value that differs from its market value or its book value, called intrinsic value, which is Hannon Armstrong'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 Hannon Armstrong's market value can be influenced by many factors that don't directly affect Hannon Armstrong'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 Hannon Armstrong's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hannon Armstrong is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hannon Armstrong'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.
Hannon Armstrong '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 Hannon Armstrong'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 Hannon Armstrong.
| 06/10/2023 |
| 12/01/2024 |
If you would invest 0.00 in Hannon Armstrong on June 10, 2023 and sell it all today you would earn a total of 0.00 from holding Hannon Armstrong Sustainable or generate 0.0% return on investment in Hannon Armstrong over 540 days. Hannon Armstrong is related to or competes with Equinix, Crown Castle, American Tower, Iron Mountain, Digital Realty, SBA Communications, and Gaming Leisure. Hannon Armstrong Sustainable Infrastructure Capital, Inc More
Hannon Armstrong 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 Hannon Armstrong'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 Hannon Armstrong Sustainable upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.35 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 14.68 | |||
| Value At Risk | (4.13) | |||
| Potential Upside | 3.1 |
Hannon Armstrong Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hannon Armstrong's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hannon Armstrong's standard deviation. In reality, there are many statistical measures that can use Hannon Armstrong historical prices to predict the future Hannon Armstrong's volatility.| Risk Adjusted Performance | 0.0075 | |||
| Jensen Alpha | 0.0265 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.031 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hannon Armstrong's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hannon Armstrong Sus Backtested Returns
Hannon Armstrong Sus holds Efficiency (Sharpe) Ratio of -0.0051, which attests that the entity had a -0.0051% return per unit of risk over the last 3 months. Hannon Armstrong Sus exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hannon Armstrong's Downside Deviation of 3.35, risk adjusted performance of 0.0075, and Market Risk Adjusted Performance of 0.041 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 Hannon Armstrong are expected to decrease at a much lower rate. During the bear market, Hannon Armstrong is likely to outperform the market. At this point, Hannon Armstrong Sus has a negative expected return of -0.0136%. Please make sure to check out Hannon Armstrong's sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Hannon Armstrong Sus performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.02 |
Very weak reverse predictability
Hannon Armstrong Sustainable has very weak reverse predictability. Overlapping area represents the amount of predictability between Hannon Armstrong time series from 10th of June 2023 to 6th of March 2024 and 6th of March 2024 to 1st 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 Hannon Armstrong Sus price movement. The serial correlation of -0.02 indicates that only 2.0% of current Hannon Armstrong price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 11.6 |
Hannon Armstrong Sus lagged returns against current returns
Autocorrelation, which is Hannon Armstrong 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 Hannon Armstrong's stock expected returns. We can calculate the autocorrelation of Hannon Armstrong returns to help us make a trade decision. For example, suppose you find that Hannon Armstrong 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 |
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Hannon Armstrong 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 Hannon Armstrong stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hannon Armstrong stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hannon Armstrong stock over time.
Current vs Lagged Prices |
| Timeline |
Hannon Armstrong Lagged Returns
When evaluating Hannon Armstrong's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hannon Armstrong stock have on its future price. Hannon Armstrong 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, Hannon Armstrong autocorrelation shows the relationship between Hannon Armstrong stock current value and its past values and can show if there is a momentum factor associated with investing in Hannon Armstrong Sustainable.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Hannon Armstrong Sus offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hannon Armstrong's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hannon Armstrong Sustainable Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hannon Armstrong Sustainable Stock:Check out Hannon Armstrong Correlation, Hannon Armstrong Volatility and Hannon Armstrong Alpha and Beta module to complement your research on Hannon Armstrong. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Hannon Armstrong 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.