H D International Holdings Stock Market Value
| HDIH Stock | USD 0.0002 0.00 0.00% |
| Symbol | HDIH |
H D '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 H D's pink sheet 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 H D.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in H D on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding H D International Holdings or generate 0.0% return on investment in H D over 30 days. H D is related to or competes with Actelis Networks, ClearOne, Siyata Mobile, and SatixFy Communications. H-D International Holdings Group, through its subsidiary, MircoTrakGPS, Inc., designs, develops, manufactures, distribut... More
H D 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 H D's pink sheet 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 H D International Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0248 | |||
| Maximum Drawdown | 83.33 |
H D Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for H D's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as H D's standard deviation. In reality, there are many statistical measures that can use H D historical prices to predict the future H D's volatility.| Risk Adjusted Performance | 0.0336 | |||
| Jensen Alpha | 0.1641 | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | 0.1784 |
H D International Backtested Returns
H D appears to be out of control, given 3 months investment horizon. H D International holds Efficiency (Sharpe) Ratio of 0.0344, which attests that the company had a 0.0344% return per unit of return volatility over the last 3 months. We have found sixteen technical indicators for H D International, which you can use to evaluate the volatility of the entity. Please utilize H D's coefficient of variation of 2949.89, and Standard Deviation of 7.45 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, H D holds a performance score of 2. The firm retains a Market Volatility (i.e., Beta) of 1.36, which attests to 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, H D will likely underperform. Please check H D's variance, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether H D's current trending patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
H D International Holdings has no correlation between past and present. Overlapping area represents the amount of predictability between H D time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 H D International price movement. The serial correlation of 0.0 indicates that just 0.0% of current H D price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
H D International lagged returns against current returns
Autocorrelation, which is H D pink sheet'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 H D's pink sheet expected returns. We can calculate the autocorrelation of H D returns to help us make a trade decision. For example, suppose you find that H D has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
H D 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 H D pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if H D pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in H D pink sheet over time.
Current vs Lagged Prices |
| Timeline |
H D Lagged Returns
When evaluating H D's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of H D pink sheet have on its future price. H D 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, H D autocorrelation shows the relationship between H D pink sheet current value and its past values and can show if there is a momentum factor associated with investing in H D International Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in HDIH Pink Sheet
H D financial ratios help investors to determine whether HDIH Pink Sheet 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 HDIH with respect to the benefits of owning H D security.