MHC JSC (Vietnam) Market Value
| MHC Stock | 14,150 900.00 6.79% |
| Symbol | MHC |
MHC JSC '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 MHC JSC'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 MHC JSC.
| 05/21/2025 |
| 08/19/2025 |
If you would invest 0.00 in MHC JSC on May 21, 2025 and sell it all today you would earn a total of 0.00 from holding MHC JSC or generate 0.0% return on investment in MHC JSC over 90 days. MHC JSC is related to or competes with Ben Thanh, Thong Nhat, Phuoc Hoa, Petrolimex Insurance, FPT Digital, Pha Le, and IDJ FINANCIAL. More
MHC JSC 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 MHC JSC'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 MHC JSC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.67 | |||
| Information Ratio | 0.2655 | |||
| Maximum Drawdown | 13.79 | |||
| Value At Risk | (2.93) | |||
| Potential Upside | 6.58 |
MHC JSC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MHC JSC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MHC JSC's standard deviation. In reality, there are many statistical measures that can use MHC JSC historical prices to predict the future MHC JSC's volatility.| Risk Adjusted Performance | 0.2217 | |||
| Jensen Alpha | 0.831 | |||
| Total Risk Alpha | 0.4878 | |||
| Sortino Ratio | 0.2893 | |||
| Treynor Ratio | 2.37 |
MHC JSC Backtested Returns
MHC JSC appears to be very steady, given 3 months investment horizon. MHC JSC retains Efficiency (Sharpe Ratio) of 0.31, which conveys that the firm had a 0.31 % return per unit of risk over the last 3 months. By examining MHC JSC's technical indicators, you can evaluate if the expected return of 0.9% is justified by implied risk. Please exercise MHC JSC's Semi Deviation of 1.74, market risk adjusted performance of 2.38, and Mean Deviation of 2.15 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MHC JSC holds a performance score of 24. The company owns a Beta (Systematic Risk) of 0.37, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MHC JSC's returns are expected to increase less than the market. However, during the bear market, the loss of holding MHC JSC is expected to be smaller as well. Please check MHC JSC's information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to make a quick decision on whether MHC JSC's current price history will revert.
Auto-correlation | -0.8 |
Almost perfect reverse predictability
MHC JSC has almost perfect reverse predictability. Overlapping area represents the amount of predictability between MHC JSC time series from 21st of May 2025 to 5th of July 2025 and 5th of July 2025 to 19th 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 MHC JSC price movement. The serial correlation of -0.8 indicates that around 80.0% of current MHC JSC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.8 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 3.7 M |
MHC JSC lagged returns against current returns
Autocorrelation, which is MHC JSC 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 MHC JSC's stock expected returns. We can calculate the autocorrelation of MHC JSC returns to help us make a trade decision. For example, suppose you find that MHC JSC 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 |
MHC JSC 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 MHC JSC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MHC JSC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MHC JSC stock over time.
Current vs Lagged Prices |
| Timeline |
MHC JSC Lagged Returns
When evaluating MHC JSC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MHC JSC stock have on its future price. MHC JSC 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, MHC JSC autocorrelation shows the relationship between MHC JSC stock current value and its past values and can show if there is a momentum factor associated with investing in MHC JSC.
Regressed Prices |
| Timeline |
Pair Trading with MHC JSC
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MHC JSC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MHC JSC will appreciate offsetting losses from the drop in the long position's value.Moving together with MHC Stock
| 0.76 | FIT | FIT INVEST JSC | PairCorr |
| 0.92 | ADS | Damsan JSC | PairCorr |
| 0.83 | AAA | An Phat Plastic | PairCorr |
| 0.63 | AME | Alphanam ME | PairCorr |
Moving against MHC Stock
The ability to find closely correlated positions to MHC JSC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MHC JSC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MHC JSC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MHC JSC to buy it.
The correlation of MHC JSC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MHC JSC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MHC JSC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MHC JSC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in MHC Stock
MHC JSC financial ratios help investors to determine whether MHC 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 MHC with respect to the benefits of owning MHC JSC security.