Hana Microelectronics (Germany) Market Value
| HAA1 Stock | 0.53 0.02 3.92% |
| Symbol | Hana |
Hana Microelectronics '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 Hana Microelectronics' 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 Hana Microelectronics.
| 04/08/2025 |
| 07/07/2025 |
If you would invest 0.00 in Hana Microelectronics on April 8, 2025 and sell it all today you would earn a total of 0.00 from holding Hana Microelectronics PCL or generate 0.0% return on investment in Hana Microelectronics over 90 days. Hana Microelectronics is related to or competes with GOLDQUEST MINING, China Resources, United Breweries, National Beverage, and DAIDO METAL. More
Hana Microelectronics 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 Hana Microelectronics' 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 Hana Microelectronics PCL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.01 | |||
| Information Ratio | 0.0928 | |||
| Maximum Drawdown | 22.58 | |||
| Value At Risk | (7.55) | |||
| Potential Upside | 7.69 |
Hana Microelectronics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hana Microelectronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hana Microelectronics' standard deviation. In reality, there are many statistical measures that can use Hana Microelectronics historical prices to predict the future Hana Microelectronics' volatility.| Risk Adjusted Performance | 0.1987 | |||
| Jensen Alpha | 0.4189 | |||
| Total Risk Alpha | 0.2366 | |||
| Sortino Ratio | 0.0822 | |||
| Treynor Ratio | 0.5532 |
Hana Microelectronics PCL Backtested Returns
Hana Microelectronics appears to be out of control, given 3 months investment horizon. Hana Microelectronics PCL holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18 % return per unit of risk over the last 3 months. By evaluating Hana Microelectronics' technical indicators, you can evaluate if the expected return of 0.76% is justified by implied risk. Please utilize Hana Microelectronics' Market Risk Adjusted Performance of 0.5632, downside deviation of 5.01, and Risk Adjusted Performance of 0.1987 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hana Microelectronics holds a performance score of 13. The company retains a Market Volatility (i.e., Beta) of 0.93, which attests to possible diversification benefits within a given portfolio. Hana Microelectronics returns are very sensitive to returns on the market. As the market goes up or down, Hana Microelectronics is expected to follow. Please check Hana Microelectronics' total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Hana Microelectronics' current trending patterns will revert.
Auto-correlation | -0.05 |
Very weak reverse predictability
Hana Microelectronics PCL has very weak reverse predictability. Overlapping area represents the amount of predictability between Hana Microelectronics time series from 8th of April 2025 to 23rd of May 2025 and 23rd of May 2025 to 7th of July 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 Hana Microelectronics PCL price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Hana Microelectronics price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hana Microelectronics PCL lagged returns against current returns
Autocorrelation, which is Hana Microelectronics 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 Hana Microelectronics' stock expected returns. We can calculate the autocorrelation of Hana Microelectronics returns to help us make a trade decision. For example, suppose you find that Hana Microelectronics 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 |
Hana Microelectronics 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 Hana Microelectronics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hana Microelectronics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hana Microelectronics stock over time.
Current vs Lagged Prices |
| Timeline |
Hana Microelectronics Lagged Returns
When evaluating Hana Microelectronics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hana Microelectronics stock have on its future price. Hana Microelectronics 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, Hana Microelectronics autocorrelation shows the relationship between Hana Microelectronics stock current value and its past values and can show if there is a momentum factor associated with investing in Hana Microelectronics PCL.
Regressed Prices |
| Timeline |
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Additional Tools for Hana Stock Analysis
When running Hana Microelectronics' price analysis, check to measure Hana Microelectronics' 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 Hana Microelectronics is operating at the current time. Most of Hana Microelectronics' value examination focuses on studying past and present price action to predict the probability of Hana Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hana Microelectronics' price. Additionally, you may evaluate how the addition of Hana Microelectronics to your portfolios can decrease your overall portfolio volatility.