Hypera SA (Brazil) Market Value
| HYPE3 Stock | BRL 19.90 0.22 1.12% |
| Symbol | Hypera |
Hypera SA '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 Hypera SA'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 Hypera SA.
| 06/07/2024 |
| 12/04/2024 |
If you would invest 0.00 in Hypera SA on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding Hypera SA or generate 0.0% return on investment in Hypera SA over 180 days. Hypera SA is related to or competes with Raia Drogasil, Fleury SA, Qualicorp Consultoria, Lojas Renner, and Localiza Rent. It offers branded prescription products under the Mantecorp Farmasa, Episol, Predsim, Alivium, Lisador, Rinosoro, Celest... More
Hypera SA 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 Hypera SA'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 Hypera SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 16.16 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 2.48 |
Hypera SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hypera SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hypera SA's standard deviation. In reality, there are many statistical measures that can use Hypera SA historical prices to predict the future Hypera SA's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | 0.9002 |
Hypera SA Backtested Returns
Hypera SA holds Efficiency (Sharpe) Ratio of -0.22, which attests that the entity had a -0.22% return per unit of risk over the last 3 months. Hypera SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hypera SA's Standard Deviation of 2.44, market risk adjusted performance of 0.9102, and Risk Adjusted Performance of (0.16) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.61, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Hypera SA are expected to decrease at a much lower rate. During the bear market, Hypera SA is likely to outperform the market. At this point, Hypera SA has a negative expected return of -0.54%. Please make sure to check out Hypera SA's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Hypera SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.61 |
Very good reverse predictability
Hypera SA has very good reverse predictability. Overlapping area represents the amount of predictability between Hypera SA time series from 7th of June 2024 to 5th of September 2024 and 5th of September 2024 to 4th 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 Hypera SA price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Hypera SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 10.45 |
Hypera SA lagged returns against current returns
Autocorrelation, which is Hypera SA 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 Hypera SA's stock expected returns. We can calculate the autocorrelation of Hypera SA returns to help us make a trade decision. For example, suppose you find that Hypera SA 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 |
Hypera SA 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 Hypera SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hypera SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hypera SA stock over time.
Current vs Lagged Prices |
| Timeline |
Hypera SA Lagged Returns
When evaluating Hypera SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hypera SA stock have on its future price. Hypera SA 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, Hypera SA autocorrelation shows the relationship between Hypera SA stock current value and its past values and can show if there is a momentum factor associated with investing in Hypera SA.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Hypera Stock Analysis
When running Hypera SA's price analysis, check to measure Hypera SA'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 Hypera SA is operating at the current time. Most of Hypera SA's value examination focuses on studying past and present price action to predict the probability of Hypera SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hypera SA's price. Additionally, you may evaluate how the addition of Hypera SA to your portfolios can decrease your overall portfolio volatility.