HAGA SA (Brazil) Market Value
| HAGA4 Preferred Stock | BRL 1.22 0.07 6.09% |
| Symbol | HAGA |
HAGA SA '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 HAGA SA's preferred 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 HAGA SA.
| 04/01/2024 |
| 05/01/2024 |
If you would invest 0.00 in HAGA SA on April 1, 2024 and sell it all today you would earn a total of 0.00 from holding HAGA SA Indstria or generate 0.0% return on investment in HAGA SA over 30 days. HAGA SA is related to or competes with Lupatech, Recrusul, Bombril SA, and Hotis Othon. HAGA SA Indstria e Comrcio primarily manufactures and sells locks, hinges, and hardware products for civil construction ... More
HAGA SA 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 HAGA SA's preferred 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 HAGA SA Indstria upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.08 | |||
| Information Ratio | (0.0001) | |||
| Maximum Drawdown | 9.81 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 3.48 |
HAGA SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HAGA SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HAGA SA's standard deviation. In reality, there are many statistical measures that can use HAGA SA historical prices to predict the future HAGA SA's volatility.| Risk Adjusted Performance | 0.0259 | |||
| Jensen Alpha | 0.0458 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.0001) | |||
| Treynor Ratio | 0.7312 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HAGA SA'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.
HAGA SA Indstria Backtested Returns
We consider HAGA SA very risky. HAGA SA Indstria holds Efficiency (Sharpe) Ratio of 0.0842, which attests that the company had a 0.0842% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for HAGA SA Indstria, which you can use to evaluate the volatility of the entity. Please check out HAGA SA's downside deviation of 2.08, and Semi Deviation of 1.57 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. HAGA SA has a performance score of 6 on a scale of 0 to 100. The firm retains a Market Volatility (i.e., Beta) of 0.0672, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HAGA SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding HAGA SA is expected to be smaller as well. HAGA SA Indstria at this time retains a risk of 2.01%. Please check out HAGA SA downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if HAGA SA will be following its current trending patterns.
Auto-correlation | -0.52 |
Good reverse predictability
HAGA SA Indstria has good reverse predictability. Overlapping area represents the amount of predictability between HAGA SA time series from 1st of April 2024 to 16th of April 2024 and 16th of April 2024 to 1st of May 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 HAGA SA Indstria price movement. The serial correlation of -0.52 indicates that about 52.0% of current HAGA SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
HAGA SA Indstria lagged returns against current returns
Autocorrelation, which is HAGA SA preferred 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 HAGA SA's preferred stock expected returns. We can calculate the autocorrelation of HAGA SA returns to help us make a trade decision. For example, suppose you find that HAGA SA has exhibited high autocorrelation historically, and you observe that the preferred 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 |
HAGA SA 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 HAGA SA preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HAGA SA preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HAGA SA preferred stock over time.
Current vs Lagged Prices |
| Timeline |
HAGA SA Lagged Returns
When evaluating HAGA SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HAGA SA preferred stock have on its future price. HAGA SA 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, HAGA SA autocorrelation shows the relationship between HAGA SA preferred stock current value and its past values and can show if there is a momentum factor associated with investing in HAGA SA Indstria.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out HAGA SA Correlation, HAGA SA Volatility and HAGA SA Alpha and Beta module to complement your research on HAGA SA. Note that the HAGA SA Indstria information on this page should be used as a complementary analysis to other HAGA SA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for HAGA Preferred Stock analysis
When running HAGA SA's price analysis, check to measure HAGA SA'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 HAGA SA is operating at the current time. Most of HAGA SA's value examination focuses on studying past and present price action to predict the probability of HAGA SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HAGA SA's price. Additionally, you may evaluate how the addition of HAGA SA to your portfolios can decrease your overall portfolio volatility.
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HAGA SA technical preferred stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, preferred stock market cycles, or different charting patterns.