Hanison Construction (Germany) Market Value
HNC Stock | EUR 0.14 0.00 0.00% |
Symbol | Hanison |
Hanison Construction '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 Hanison Construction'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 Hanison Construction.
06/27/2024 |
| 12/24/2024 |
If you would invest 0.00 in Hanison Construction on June 27, 2024 and sell it all today you would earn a total of 0.00 from holding Hanison Construction Holdings or generate 0.0% return on investment in Hanison Construction over 180 days. Hanison Construction is related to or competes with Vinci S, Johnson Controls, Larsen Toubro, China Railway, China Communications, China Railway, and Big Yellow. More
Hanison Construction 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 Hanison Construction'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 Hanison Construction Holdings upside and downside potential and time the market with a certain degree of confidence.
Hanison Construction Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hanison Construction's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hanison Construction's standard deviation. In reality, there are many statistical measures that can use Hanison Construction historical prices to predict the future Hanison Construction's volatility.Hanison Construction Backtested Returns
We have found three technical indicators for Hanison Construction, 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 Hanison Construction are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Hanison Construction Holdings has perfect predictability. Overlapping area represents the amount of predictability between Hanison Construction time series from 27th of June 2024 to 25th of September 2024 and 25th of September 2024 to 24th 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 Hanison Construction price movement. The serial correlation of 1.0 indicates that 100.0% of current Hanison Construction price fluctuation can be explain by its past prices.
Correlation Coefficient | 1.0 | |
Spearman Rank Test | 1.0 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Hanison Construction lagged returns against current returns
Autocorrelation, which is Hanison Construction 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 Hanison Construction's stock expected returns. We can calculate the autocorrelation of Hanison Construction returns to help us make a trade decision. For example, suppose you find that Hanison Construction 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 |
Hanison Construction 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 Hanison Construction stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hanison Construction stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hanison Construction stock over time.
Current vs Lagged Prices |
Timeline |
Hanison Construction Lagged Returns
When evaluating Hanison Construction's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hanison Construction stock have on its future price. Hanison Construction 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, Hanison Construction autocorrelation shows the relationship between Hanison Construction stock current value and its past values and can show if there is a momentum factor associated with investing in Hanison Construction Holdings.
Regressed Prices |
Timeline |
Thematic Opportunities
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Additional Tools for Hanison Stock Analysis
When running Hanison Construction's price analysis, check to measure Hanison Construction'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 Hanison Construction is operating at the current time. Most of Hanison Construction's value examination focuses on studying past and present price action to predict the probability of Hanison Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanison Construction's price. Additionally, you may evaluate how the addition of Hanison Construction to your portfolios can decrease your overall portfolio volatility.