HMS Bergbau (Germany) Market Value

HMU Stock   29.20  0.20  0.68%   
HMS Bergbau's market value is the price at which a share of HMS Bergbau trades on a public exchange. It measures the collective expectations of HMS Bergbau AG investors about its performance. HMS Bergbau is selling for under 29.20 as of the 23rd of December 2024; that is 0.68 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 29.2.
With this module, you can estimate the performance of a buy and hold strategy of HMS Bergbau AG and determine expected loss or profit from investing in HMS Bergbau over a given investment horizon. Check out HMS Bergbau Correlation, HMS Bergbau Volatility and HMS Bergbau Alpha and Beta module to complement your research on HMS Bergbau.
Symbol

Please note, there is a significant difference between HMS Bergbau's value and its price as these two are different measures arrived at by different means. Investors typically determine if HMS Bergbau is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HMS Bergbau'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.

HMS Bergbau '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 HMS Bergbau'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 HMS Bergbau.
0.00
11/23/2024
No Change 0.00  0.0 
In 30 days
12/23/2024
0.00
If you would invest  0.00  in HMS Bergbau on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding HMS Bergbau AG or generate 0.0% return on investment in HMS Bergbau over 30 days. HMS Bergbau is related to or competes with CHINA SHENHUA, China Coal, Yancoal Australia, Banpu PCL, CONSOL Energy, and . More

HMS Bergbau 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 HMS Bergbau'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 HMS Bergbau AG upside and downside potential and time the market with a certain degree of confidence.

HMS Bergbau Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for HMS Bergbau's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HMS Bergbau's standard deviation. In reality, there are many statistical measures that can use HMS Bergbau historical prices to predict the future HMS Bergbau's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HMS Bergbau'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.
Hype
Prediction
LowEstimatedHigh
27.9829.2030.42
Details
Intrinsic
Valuation
LowRealHigh
26.2831.9733.19
Details

HMS Bergbau AG Backtested Returns

Currently, HMS Bergbau AG is very steady. HMS Bergbau AG holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of volatility over the last 3 months. We have found thirty technical indicators for HMS Bergbau AG, which you can use to evaluate the volatility of the firm. Please check out HMS Bergbau's risk adjusted performance of 0.1073, and Market Risk Adjusted Performance of 1.79 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. HMS Bergbau has a performance score of 9 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0841, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HMS Bergbau's returns are expected to increase less than the market. However, during the bear market, the loss of holding HMS Bergbau is expected to be smaller as well. HMS Bergbau AG currently retains a risk of 1.23%. Please check out HMS Bergbau skewness, and the relationship between the value at risk and day median price , to decide if HMS Bergbau will be following its current trending patterns.

Auto-correlation

    
  -0.81  

Excellent reverse predictability

HMS Bergbau AG has excellent reverse predictability. Overlapping area represents the amount of predictability between HMS Bergbau time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd 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 HMS Bergbau AG price movement. The serial correlation of -0.81 indicates that around 81.0% of current HMS Bergbau price fluctuation can be explain by its past prices.
Correlation Coefficient-0.81
Spearman Rank Test-0.73
Residual Average0.0
Price Variance0.02

HMS Bergbau AG lagged returns against current returns

Autocorrelation, which is HMS Bergbau 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 HMS Bergbau's stock expected returns. We can calculate the autocorrelation of HMS Bergbau returns to help us make a trade decision. For example, suppose you find that HMS Bergbau 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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HMS Bergbau 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 HMS Bergbau stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HMS Bergbau stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HMS Bergbau stock over time.
   Current vs Lagged Prices   
       Timeline  

HMS Bergbau Lagged Returns

When evaluating HMS Bergbau's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HMS Bergbau stock have on its future price. HMS Bergbau 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, HMS Bergbau autocorrelation shows the relationship between HMS Bergbau stock current value and its past values and can show if there is a momentum factor associated with investing in HMS Bergbau AG.
   Regressed Prices   
       Timeline  

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Additional Tools for HMS Stock Analysis

When running HMS Bergbau's price analysis, check to measure HMS Bergbau's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HMS Bergbau is operating at the current time. Most of HMS Bergbau's value examination focuses on studying past and present price action to predict the probability of HMS Bergbau's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HMS Bergbau's price. Additionally, you may evaluate how the addition of HMS Bergbau to your portfolios can decrease your overall portfolio volatility.