HSBC HLDGS PLC Market Value
| 404280AE9 | 106.28 0.00 0.00% |
| Symbol | 404280AE9 |
404280AE9 '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 404280AE9's bond 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 404280AE9.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in 404280AE9 on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding HSBC HLDGS PLC or generate 0.0% return on investment in 404280AE9 over 30 days. 404280AE9 is related to or competes with Getty Realty, Sun Country, Ryanair Holdings, Meiwu Technology, Cedar Realty, Grocery Outlet, and National Vision. HSBC Bank Plc is a global banking and financial services organizations More
404280AE9 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 404280AE9's bond 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 HSBC HLDGS PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.14 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 21.05 | |||
| Value At Risk | (5.29) | |||
| Potential Upside | 5.05 |
404280AE9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 404280AE9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 404280AE9's standard deviation. In reality, there are many statistical measures that can use 404280AE9 historical prices to predict the future 404280AE9's volatility.| Risk Adjusted Performance | 0.0304 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.113 |
HSBC HLDGS PLC Backtested Returns
HSBC HLDGS PLC retains Efficiency (Sharpe Ratio) of -0.17, which signifies that the bond had a -0.17% return per unit of price deviation over the last 3 months. 404280AE9 exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 404280AE9's Market Risk Adjusted Performance of 0.123, standard deviation of 3.56, and Semi Deviation of 3.78 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.89, which signifies possible diversification benefits within a given portfolio. 404280AE9 returns are very sensitive to returns on the market. As the market goes up or down, 404280AE9 is expected to follow.
Auto-correlation | 1.00 |
Perfect predictability
HSBC HLDGS PLC has perfect predictability. Overlapping area represents the amount of predictability between 404280AE9 time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 HSBC HLDGS PLC price movement. The serial correlation of 1.0 indicates that 100.0% of current 404280AE9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 19.01 |
HSBC HLDGS PLC lagged returns against current returns
Autocorrelation, which is 404280AE9 bond'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 404280AE9's bond expected returns. We can calculate the autocorrelation of 404280AE9 returns to help us make a trade decision. For example, suppose you find that 404280AE9 has exhibited high autocorrelation historically, and you observe that the bond 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 |
404280AE9 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 404280AE9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 404280AE9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 404280AE9 bond over time.
Current vs Lagged Prices |
| Timeline |
404280AE9 Lagged Returns
When evaluating 404280AE9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 404280AE9 bond have on its future price. 404280AE9 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, 404280AE9 autocorrelation shows the relationship between 404280AE9 bond current value and its past values and can show if there is a momentum factor associated with investing in HSBC HLDGS PLC.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in 404280AE9 Bond
404280AE9 financial ratios help investors to determine whether 404280AE9 Bond 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 404280AE9 with respect to the benefits of owning 404280AE9 security.