Holcim Stock Market Value
| HCMLF Stock | USD 84.95 1.60 1.85% |
| Symbol | Holcim |
Holcim '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 Holcim's pink sheet 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 Holcim.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Holcim on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Holcim or generate 0.0% return on investment in Holcim over 30 days. Holcim is related to or competes with Lafargeholcim, and CEMATRIX. Holcim Ltd, together with its subsidiaries, operates as a building materials and solutions company in the Asia Pacific, ... More
Holcim 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 Holcim's pink sheet 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 Holcim upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.97 | |||
| Information Ratio | 0.0457 | |||
| Maximum Drawdown | 13.26 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 3.48 |
Holcim Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Holcim's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Holcim's standard deviation. In reality, there are many statistical measures that can use Holcim historical prices to predict the future Holcim's volatility.| Risk Adjusted Performance | 0.0669 | |||
| Jensen Alpha | 0.219 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0434 | |||
| Treynor Ratio | (0.30) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Holcim'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.
Holcim Backtested Returns
Holcim appears to be very steady, given 3 months investment horizon. Holcim holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Holcim, which you can use to evaluate the volatility of the firm. Please utilize Holcim's Market Risk Adjusted Performance of (0.29), risk adjusted performance of 0.0669, and Downside Deviation of 1.97 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Holcim holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of -0.56, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Holcim are expected to decrease at a much lower rate. During the bear market, Holcim is likely to outperform the market. Please check Holcim's sortino ratio, skewness, relative strength index, as well as the relationship between the potential upside and day median price , to make a quick decision on whether Holcim's current trending patterns will revert.
Auto-correlation | 0.65 |
Good predictability
Holcim has good predictability. Overlapping area represents the amount of predictability between Holcim time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Holcim price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Holcim price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.69 |
Holcim lagged returns against current returns
Autocorrelation, which is Holcim pink sheet'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 Holcim's pink sheet expected returns. We can calculate the autocorrelation of Holcim returns to help us make a trade decision. For example, suppose you find that Holcim has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Holcim 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 Holcim pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Holcim pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Holcim pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Holcim Lagged Returns
When evaluating Holcim's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Holcim pink sheet have on its future price. Holcim 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, Holcim autocorrelation shows the relationship between Holcim pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Holcim.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Holcim in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Holcim's short interest history, or implied volatility extrapolated from Holcim options trading.
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Complementary Tools for Holcim Pink Sheet analysis
When running Holcim's price analysis, check to measure Holcim'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 Holcim is operating at the current time. Most of Holcim's value examination focuses on studying past and present price action to predict the probability of Holcim's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Holcim's price. Additionally, you may evaluate how the addition of Holcim to your portfolios can decrease your overall portfolio volatility.
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Holcim technical pink sheet 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, pink sheet market cycles, or different charting patterns.