Hanson International (Indonesia) Market Value
| MYRX Stock | IDR 50.00 0.00 0.00% |
| Symbol | Hanson |
Hanson International '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 Hanson International'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 Hanson International.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in Hanson International on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Hanson International Tbk or generate 0.0% return on investment in Hanson International over 720 days. Hanson International is related to or competes with Modernland Realty, Jakarta Int, and Intiland Development. More
Hanson International 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 Hanson International'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 Hanson International Tbk upside and downside potential and time the market with a certain degree of confidence.
Hanson International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hanson International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hanson International's standard deviation. In reality, there are many statistical measures that can use Hanson International historical prices to predict the future Hanson International's volatility.Hanson International Tbk Backtested Returns
We have found three technical indicators for Hanson International Tbk, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Hanson International are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Hanson International Tbk has no correlation between past and present. Overlapping area represents the amount of predictability between Hanson International time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 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 Hanson International Tbk price movement. The serial correlation of 0.0 indicates that just 0.0% of current Hanson International 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 |
Hanson International Tbk lagged returns against current returns
Autocorrelation, which is Hanson International 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 Hanson International's stock expected returns. We can calculate the autocorrelation of Hanson International returns to help us make a trade decision. For example, suppose you find that Hanson International 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 |
Hanson International 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 Hanson International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hanson International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hanson International stock over time.
Current vs Lagged Prices |
| Timeline |
Hanson International Lagged Returns
When evaluating Hanson International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hanson International stock have on its future price. Hanson International 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, Hanson International autocorrelation shows the relationship between Hanson International stock current value and its past values and can show if there is a momentum factor associated with investing in Hanson International Tbk.
Regressed Prices |
| Timeline |
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Hanson International financial ratios help investors to determine whether Hanson 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 Hanson with respect to the benefits of owning Hanson International security.