Hynion AS (Norway) Market Value
| HYN Stock | NOK 0.08 0.0008 0.97% |
| Symbol | Hynion |
Hynion AS '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 Hynion AS'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 Hynion AS.
| 05/15/2025 |
| 08/13/2025 |
If you would invest 0.00 in Hynion AS on May 15, 2025 and sell it all today you would earn a total of 0.00 from holding Hynion AS or generate 0.0% return on investment in Hynion AS over 90 days. Hynion AS is related to or competes with Xplora Technologies, Lery Seafood, Goodtech, Odfjell Drilling, Eidesvik Offshore, and Nordhealth. Hynion AS, through its subsidiary, Hynion Sverige AB, operates as a hydrogen fuel company in Norway and Sweden More
Hynion AS 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 Hynion AS'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 Hynion AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 16.21 | |||
| Information Ratio | 0.1014 | |||
| Maximum Drawdown | 95.02 | |||
| Value At Risk | (22.22) | |||
| Potential Upside | 28.92 |
Hynion AS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hynion AS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hynion AS's standard deviation. In reality, there are many statistical measures that can use Hynion AS historical prices to predict the future Hynion AS's volatility.| Risk Adjusted Performance | 0.0944 | |||
| Jensen Alpha | 1.72 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | 0.1093 | |||
| Treynor Ratio | 1.26 |
Hynion AS Backtested Returns
Hynion AS is out of control given 3 months investment horizon. Hynion AS holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11 % return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.95% are justified by taking the suggested risk. Use Hynion AS Market Risk Adjusted Performance of 1.27, risk adjusted performance of 0.0944, and Downside Deviation of 16.21 to evaluate company specific risk that cannot be diversified away. Hynion AS holds a performance score of 8 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 1.48, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Hynion AS will likely underperform. Use Hynion AS downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness , to analyze future returns on Hynion AS.
Auto-correlation | -0.7 |
Very good reverse predictability
Hynion AS has very good reverse predictability. Overlapping area represents the amount of predictability between Hynion AS time series from 15th of May 2025 to 29th of June 2025 and 29th of June 2025 to 13th 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 Hynion AS price movement. The serial correlation of -0.7 indicates that around 70.0% of current Hynion AS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Hynion AS lagged returns against current returns
Autocorrelation, which is Hynion AS 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 Hynion AS's stock expected returns. We can calculate the autocorrelation of Hynion AS returns to help us make a trade decision. For example, suppose you find that Hynion AS 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 |
Hynion AS 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 Hynion AS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hynion AS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hynion AS stock over time.
Current vs Lagged Prices |
| Timeline |
Hynion AS Lagged Returns
When evaluating Hynion AS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hynion AS stock have on its future price. Hynion AS 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, Hynion AS autocorrelation shows the relationship between Hynion AS stock current value and its past values and can show if there is a momentum factor associated with investing in Hynion AS.
Regressed Prices |
| Timeline |
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Hynion AS financial ratios help investors to determine whether Hynion 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 Hynion with respect to the benefits of owning Hynion AS security.