Hindustan Copper (India) Market Value
| HINDCOPPER | 237.36 5.99 2.46% |
| Symbol | Hindustan |
Hindustan Copper '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 Hindustan Copper'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 Hindustan Copper.
| 05/05/2025 |
| 08/03/2025 |
If you would invest 0.00 in Hindustan Copper on May 5, 2025 and sell it all today you would earn a total of 0.00 from holding Hindustan Copper Limited or generate 0.0% return on investment in Hindustan Copper over 90 days. Hindustan Copper is related to or competes with Mask Investments, Cholamandalam Investment, Pilani Investment, BF Investment, Tube Investments, Allied Blenders, and United Drilling. More
Hindustan Copper 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 Hindustan Copper'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 Hindustan Copper Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.6 | |||
| Information Ratio | 0.0203 | |||
| Maximum Drawdown | 15.42 | |||
| Value At Risk | (4.13) | |||
| Potential Upside | 4.5 |
Hindustan Copper Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hindustan Copper's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hindustan Copper's standard deviation. In reality, there are many statistical measures that can use Hindustan Copper historical prices to predict the future Hindustan Copper's volatility.| Risk Adjusted Performance | 0.0577 | |||
| Jensen Alpha | 0.1946 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.02 | |||
| Treynor Ratio | (0.41) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hindustan Copper'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.
Hindustan Copper Backtested Returns
Currently, Hindustan Copper Limited is very steady. Hindustan Copper holds Efficiency (Sharpe) Ratio of 0.0644, which attests that the entity had a 0.0644 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Hindustan Copper, which you can use to evaluate the volatility of the firm. Please check out Hindustan Copper's Downside Deviation of 2.6, market risk adjusted performance of (0.40), and Risk Adjusted Performance of 0.0577 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. Hindustan Copper has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Hindustan Copper are expected to decrease at a much lower rate. During the bear market, Hindustan Copper is likely to outperform the market. Hindustan Copper right now retains a risk of 2.57%. Please check out Hindustan Copper total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Hindustan Copper will be following its current trending patterns.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Hindustan Copper Limited has insignificant reverse predictability. Overlapping area represents the amount of predictability between Hindustan Copper time series from 5th of May 2025 to 19th of June 2025 and 19th of June 2025 to 3rd of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hindustan Copper price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Hindustan Copper price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 161.51 |
Hindustan Copper lagged returns against current returns
Autocorrelation, which is Hindustan Copper 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 Hindustan Copper's stock expected returns. We can calculate the autocorrelation of Hindustan Copper returns to help us make a trade decision. For example, suppose you find that Hindustan Copper 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 |
Hindustan Copper 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 Hindustan Copper stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hindustan Copper stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hindustan Copper stock over time.
Current vs Lagged Prices |
| Timeline |
Hindustan Copper Lagged Returns
When evaluating Hindustan Copper's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hindustan Copper stock have on its future price. Hindustan Copper 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, Hindustan Copper autocorrelation shows the relationship between Hindustan Copper stock current value and its past values and can show if there is a momentum factor associated with investing in Hindustan Copper Limited.
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.Additional Tools for Hindustan Stock Analysis
When running Hindustan Copper's price analysis, check to measure Hindustan Copper'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 Hindustan Copper is operating at the current time. Most of Hindustan Copper's value examination focuses on studying past and present price action to predict the probability of Hindustan Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hindustan Copper's price. Additionally, you may evaluate how the addition of Hindustan Copper to your portfolios can decrease your overall portfolio volatility.