Hannover Rck Se Stock Market Value
| HVRRF Stock | USD 263.05 6.86 2.54% |
| Symbol | Hannover |
Hannover Rck '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 Hannover Rck'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 Hannover Rck.
| 10/25/2023 |
| 12/18/2024 |
If you would invest 0.00 in Hannover Rck on October 25, 2023 and sell it all today you would earn a total of 0.00 from holding Hannover Rck SE or generate 0.0% return on investment in Hannover Rck over 420 days. Hannover Rck is related to or competes with Swiss Re, Hannover, SCOR PK, SiriusPoint, Maiden Holdings, and Muenchener Rueckver. Hannover Rck SE, together with its subsidiaries, provides reinsurance products and services worldwide More
Hannover Rck 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 Hannover Rck'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 Hannover Rck SE upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1086 | |||
| Maximum Drawdown | 16.53 |
Hannover Rck Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hannover Rck's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hannover Rck's standard deviation. In reality, there are many statistical measures that can use Hannover Rck historical prices to predict the future Hannover Rck's volatility.| Risk Adjusted Performance | 0.1043 | |||
| Jensen Alpha | 0.23 | |||
| Total Risk Alpha | 0.1798 | |||
| Treynor Ratio | (0.96) |
Hannover Rck SE Backtested Returns
Hannover Rck appears to be very steady, given 3 months investment horizon. Hannover Rck SE holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found nineteen technical indicators for Hannover Rck SE, which you can use to evaluate the volatility of the firm. Please utilize Hannover Rck's Market Risk Adjusted Performance of (0.95), risk adjusted performance of 0.1043, and Standard Deviation of 1.9 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hannover Rck holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of -0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hannover Rck are expected to decrease at a much lower rate. During the bear market, Hannover Rck is likely to outperform the market. Please check Hannover Rck's variance, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to make a quick decision on whether Hannover Rck's current trending patterns will revert.
Auto-correlation | -0.25 |
Weak reverse predictability
Hannover Rck SE has weak reverse predictability. Overlapping area represents the amount of predictability between Hannover Rck time series from 25th of October 2023 to 22nd of May 2024 and 22nd of May 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 Hannover Rck SE price movement. The serial correlation of -0.25 indicates that over 25.0% of current Hannover Rck price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 198.74 |
Hannover Rck SE lagged returns against current returns
Autocorrelation, which is Hannover Rck 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 Hannover Rck's pink sheet expected returns. We can calculate the autocorrelation of Hannover Rck returns to help us make a trade decision. For example, suppose you find that Hannover Rck 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 |
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Hannover Rck 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 Hannover Rck pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hannover Rck pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hannover Rck pink sheet over time.
Current vs Lagged Prices |
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Hannover Rck Lagged Returns
When evaluating Hannover Rck's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hannover Rck pink sheet have on its future price. Hannover Rck 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, Hannover Rck autocorrelation shows the relationship between Hannover Rck pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Hannover Rck SE.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Hannover Pink Sheet
Hannover Rck financial ratios help investors to determine whether Hannover 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 Hannover with respect to the benefits of owning Hannover Rck security.