Hapag-Lloyd (Germany) Market Value
| HLAG Stock | EUR 149.70 0.60 0.40% |
| Symbol | Hapag-Lloyd |
Hapag-Lloyd '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 Hapag-Lloyd'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 Hapag-Lloyd.
| 10/23/2024 |
| 12/22/2024 |
If you would invest 0.00 in Hapag-Lloyd on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Hapag Lloyd AG or generate 0.0% return on investment in Hapag-Lloyd over 60 days. Hapag-Lloyd is related to or competes with COSCO SHIPPING, Nippon Yusen, Orient Overseas, COSCO SHIPPING, China Merchants, and Qingdao Port. Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a liner shipping company worldwide More
Hapag-Lloyd 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 Hapag-Lloyd'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 Hapag Lloyd AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.47 | |||
| Information Ratio | 0.0056 | |||
| Maximum Drawdown | 20.19 | |||
| Value At Risk | (4.30) | |||
| Potential Upside | 5.04 |
Hapag-Lloyd Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hapag-Lloyd's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hapag-Lloyd's standard deviation. In reality, there are many statistical measures that can use Hapag-Lloyd historical prices to predict the future Hapag-Lloyd's volatility.| Risk Adjusted Performance | 0.0197 | |||
| Jensen Alpha | 0.0256 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0053 | |||
| Treynor Ratio | 0.0604 |
Hapag Lloyd AG Backtested Returns
At this point, Hapag-Lloyd is very steady. Hapag Lloyd AG holds Efficiency (Sharpe) Ratio of 0.0172, which attests that the entity had a 0.0172% return per unit of risk over the last 3 months. We have found thirty technical indicators for Hapag Lloyd AG, which you can use to evaluate the volatility of the firm. Please check out Hapag-Lloyd's Risk Adjusted Performance of 0.0197, market risk adjusted performance of 0.0704, and Downside Deviation of 3.47 to validate if the risk estimate we provide is consistent with the expected return of 0.0565%. Hapag-Lloyd has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.67, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hapag-Lloyd's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hapag-Lloyd is expected to be smaller as well. Hapag Lloyd AG right now retains a risk of 3.29%. Please check out Hapag-Lloyd jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Hapag-Lloyd will be following its current trending patterns.
Auto-correlation | 0.04 |
Virtually no predictability
Hapag Lloyd AG has virtually no predictability. Overlapping area represents the amount of predictability between Hapag-Lloyd time series from 23rd of October 2024 to 22nd of November 2024 and 22nd of November 2024 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 Hapag Lloyd AG price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Hapag-Lloyd price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 14.17 |
Hapag Lloyd AG lagged returns against current returns
Autocorrelation, which is Hapag-Lloyd 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 Hapag-Lloyd's stock expected returns. We can calculate the autocorrelation of Hapag-Lloyd returns to help us make a trade decision. For example, suppose you find that Hapag-Lloyd 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 |
Hapag-Lloyd 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 Hapag-Lloyd stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hapag-Lloyd stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hapag-Lloyd stock over time.
Current vs Lagged Prices |
| Timeline |
Hapag-Lloyd Lagged Returns
When evaluating Hapag-Lloyd's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hapag-Lloyd stock have on its future price. Hapag-Lloyd 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, Hapag-Lloyd autocorrelation shows the relationship between Hapag-Lloyd stock current value and its past values and can show if there is a momentum factor associated with investing in Hapag Lloyd AG.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Hapag-Lloyd Stock
Hapag-Lloyd financial ratios help investors to determine whether Hapag-Lloyd 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 Hapag-Lloyd with respect to the benefits of owning Hapag-Lloyd security.