HITACHI STRMACHADR2 (Germany) Market Value
| HCMA Stock | EUR 49.00 0.40 0.82% |
| Symbol | HITACHI |
HITACHI STRMACHADR2 '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 HITACHI STRMACHADR2'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 HITACHI STRMACHADR2.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in HITACHI STRMACHADR2 on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding HITACHI STRMACHADR2 or generate 0.0% return on investment in HITACHI STRMACHADR2 over 90 days. HITACHI STRMACHADR2 is related to or competes with Caterpillar, VOLVO B, Daimler Truck, KOMATSU, Metso Outotec, and Traton SE. Hitachi Construction Machinery Co., Ltd., together with its subsidiaries, engages in the manufacture, sale, rental, and ... More
HITACHI STRMACHADR2 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 HITACHI STRMACHADR2'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 HITACHI STRMACHADR2 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.79 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 8.51 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 2.91 |
HITACHI STRMACHADR2 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HITACHI STRMACHADR2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HITACHI STRMACHADR2's standard deviation. In reality, there are many statistical measures that can use HITACHI STRMACHADR2 historical prices to predict the future HITACHI STRMACHADR2's volatility.| Risk Adjusted Performance | 0.0418 | |||
| Jensen Alpha | 0.0719 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.35) |
HITACHI STRMACHADR2 Backtested Returns
HITACHI STRMACHADR2 holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of volatility over the last 3 months. HITACHI STRMACHADR2 exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HITACHI STRMACHADR2's market risk adjusted performance of (0.34), and Risk Adjusted Performance of 0.0418 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning HITACHI STRMACHADR2 are expected to decrease at a much lower rate. During the bear market, HITACHI STRMACHADR2 is likely to outperform the market. At this point, HITACHI STRMACHADR2 has a negative expected return of -0.0144%. Please make sure to check out HITACHI STRMACHADR2's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if HITACHI STRMACHADR2 performance from the past will be repeated at future time.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
HITACHI STRMACHADR2 has almost perfect reverse predictability. Overlapping area represents the amount of predictability between HITACHI STRMACHADR2 time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st 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 HITACHI STRMACHADR2 price movement. The serial correlation of -0.71 indicates that around 71.0% of current HITACHI STRMACHADR2 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 1.83 |
HITACHI STRMACHADR2 lagged returns against current returns
Autocorrelation, which is HITACHI STRMACHADR2 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 HITACHI STRMACHADR2's stock expected returns. We can calculate the autocorrelation of HITACHI STRMACHADR2 returns to help us make a trade decision. For example, suppose you find that HITACHI STRMACHADR2 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 |
HITACHI STRMACHADR2 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 HITACHI STRMACHADR2 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HITACHI STRMACHADR2 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HITACHI STRMACHADR2 stock over time.
Current vs Lagged Prices |
| Timeline |
HITACHI STRMACHADR2 Lagged Returns
When evaluating HITACHI STRMACHADR2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HITACHI STRMACHADR2 stock have on its future price. HITACHI STRMACHADR2 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, HITACHI STRMACHADR2 autocorrelation shows the relationship between HITACHI STRMACHADR2 stock current value and its past values and can show if there is a momentum factor associated with investing in HITACHI STRMACHADR2.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in HITACHI Stock
HITACHI STRMACHADR2 financial ratios help investors to determine whether HITACHI 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 HITACHI with respect to the benefits of owning HITACHI STRMACHADR2 security.