Hills Bancorporation Stock Market Value
Hills Bancorporation's market value is the price at which a share of Hills Bancorporation trades on a public exchange. It measures the collective expectations of Hills Bancorporation investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Hills Bancorporation and determine expected loss or profit from investing in Hills Bancorporation over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
| Symbol | Hills |
Hills Bancorporation '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 Hills Bancorporation'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 Hills Bancorporation.
| 05/11/2022 |
| 04/30/2024 |
If you would invest 0.00 in Hills Bancorporation on May 11, 2022 and sell it all today you would earn a total of 0.00 from holding Hills Bancorporation or generate 0.0% return on investment in Hills Bancorporation over 720 days. Hills Bancorporation is related to or competes with Magyar Bancorp, Home Bancorp, Chemung Financial, QCR Holdings, National Bankshares, First Capital, and Civista Bancshares. Hills Bancorporation operates as the bank holding company for Hills Bank and Trust Company that provides commercial bank... More
Hills Bancorporation 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 Hills Bancorporation'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 Hills Bancorporation upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 5.38 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 0.8918 |
Hills Bancorporation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hills Bancorporation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hills Bancorporation's standard deviation. In reality, there are many statistical measures that can use Hills Bancorporation historical prices to predict the future Hills Bancorporation's volatility.| Risk Adjusted Performance | 2.0E-4 | |||
| Jensen Alpha | 0.0073 | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 0.0507 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hills Bancorporation'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.
Hills Bancorporation Backtested Returns
Hills Bancorporation holds Efficiency (Sharpe) Ratio of -0.0036, which attests that the entity had a -0.0036% return per unit of risk over the last 3 months. Hills Bancorporation exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hills Bancorporation's Standard Deviation of 0.8233, risk adjusted performance of 2.0E-4, and Market Risk Adjusted Performance of 0.0607 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hills Bancorporation are expected to decrease at a much lower rate. During the bear market, Hills Bancorporation is likely to outperform the market. Hills Bancorporation has an expected return of -0.003%. Please make sure to check out Hills Bancorporation total risk alpha, skewness, day median price, as well as the relationship between the maximum drawdown and daily balance of power , to decide if Hills Bancorporation performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.01 |
Virtually no predictability
Hills Bancorporation has virtually no predictability. Overlapping area represents the amount of predictability between Hills Bancorporation time series from 11th of May 2022 to 6th of May 2023 and 6th of May 2023 to 30th 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 Hills Bancorporation price movement. The serial correlation of 0.01 indicates that just 1.0% of current Hills Bancorporation price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 9.49 |
Hills Bancorporation lagged returns against current returns
Autocorrelation, which is Hills Bancorporation 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 Hills Bancorporation's pink sheet expected returns. We can calculate the autocorrelation of Hills Bancorporation returns to help us make a trade decision. For example, suppose you find that Hills Bancorporation 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 |
Hills Bancorporation 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 Hills Bancorporation pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hills Bancorporation pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hills Bancorporation pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Hills Bancorporation Lagged Returns
When evaluating Hills Bancorporation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hills Bancorporation pink sheet have on its future price. Hills Bancorporation 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, Hills Bancorporation autocorrelation shows the relationship between Hills Bancorporation pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Hills Bancorporation.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Hills Bancorporation Correlation, Hills Bancorporation Volatility and Hills Bancorporation Alpha and Beta module to complement your research on Hills Bancorporation. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Hills Pink Sheet analysis
When running Hills Bancorporation's price analysis, check to measure Hills Bancorporation'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 Hills Bancorporation is operating at the current time. Most of Hills Bancorporation's value examination focuses on studying past and present price action to predict the probability of Hills Bancorporation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hills Bancorporation's price. Additionally, you may evaluate how the addition of Hills Bancorporation to your portfolios can decrease your overall portfolio volatility.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |
Hills Bancorporation 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.