Hannon Armstrong Sustainable Stock Market Value
| HASI Stock | USD 25.62 0.23 0.91% |
| Symbol | Hannon |
Hannon Armstrong Sus Price To Book Ratio
Is Hannon Armstrong's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hannon Armstrong. If investors know Hannon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hannon Armstrong listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.49) | Dividend Share 1.58 | Earnings Share 1.42 | Revenue Per Share 1.345 | Quarterly Revenue Growth 0.728 |
The market value of Hannon Armstrong Sus is measured differently than its book value, which is the value of Hannon that is recorded on the company's balance sheet. Investors also form their own opinion of Hannon Armstrong's value that differs from its market value or its book value, called intrinsic value, which is Hannon Armstrong's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hannon Armstrong's market value can be influenced by many factors that don't directly affect Hannon Armstrong's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hannon Armstrong's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hannon Armstrong is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hannon Armstrong's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Hannon Armstrong '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 Hannon Armstrong'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 Hannon Armstrong.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Hannon Armstrong on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Hannon Armstrong Sustainable or generate 0.0% return on investment in Hannon Armstrong over 30 days. Hannon Armstrong is related to or competes with Equinix, Crown Castle, American Tower, Iron Mountain, Digital Realty, SBA Communications, and Gaming Leisure. Hannon Armstrong Sustainable Infrastructure Capital, Inc More
Hannon Armstrong 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 Hannon Armstrong'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 Hannon Armstrong Sustainable upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.67 | |||
| Information Ratio | 0.0536 | |||
| Maximum Drawdown | 12.1 | |||
| Value At Risk | (3.24) | |||
| Potential Upside | 4.27 |
Hannon Armstrong Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hannon Armstrong's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hannon Armstrong's standard deviation. In reality, there are many statistical measures that can use Hannon Armstrong historical prices to predict the future Hannon Armstrong's volatility.| Risk Adjusted Performance | 0.0626 | |||
| Jensen Alpha | 0.0057 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.05 | |||
| Treynor Ratio | 0.0814 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hannon Armstrong'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.
Hannon Armstrong Sus Backtested Returns
Hannon Armstrong appears to be very steady, given 3 months investment horizon. Hannon Armstrong Sus holds Efficiency (Sharpe) Ratio of 0.0856, which attests that the entity had a 0.0856% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hannon Armstrong Sus, which you can use to evaluate the volatility of the firm. Please utilize Hannon Armstrong's Market Risk Adjusted Performance of 0.0914, downside deviation of 2.67, and Risk Adjusted Performance of 0.0626 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hannon Armstrong holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of 2.61, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Hannon Armstrong will likely underperform. Please check Hannon Armstrong's sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Hannon Armstrong's current trending patterns will revert.
Auto-correlation | -0.05 |
Very weak reverse predictability
Hannon Armstrong Sustainable has very weak reverse predictability. Overlapping area represents the amount of predictability between Hannon Armstrong time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd 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 Hannon Armstrong Sus price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Hannon Armstrong price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 1.98 |
Hannon Armstrong Sus lagged returns against current returns
Autocorrelation, which is Hannon Armstrong 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 Hannon Armstrong's stock expected returns. We can calculate the autocorrelation of Hannon Armstrong returns to help us make a trade decision. For example, suppose you find that Hannon Armstrong 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 |
Hannon Armstrong 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 Hannon Armstrong stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hannon Armstrong stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hannon Armstrong stock over time.
Current vs Lagged Prices |
| Timeline |
Hannon Armstrong Lagged Returns
When evaluating Hannon Armstrong's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hannon Armstrong stock have on its future price. Hannon Armstrong 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, Hannon Armstrong autocorrelation shows the relationship between Hannon Armstrong stock current value and its past values and can show if there is a momentum factor associated with investing in Hannon Armstrong Sustainable.
Regressed Prices |
| Timeline |
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When running Hannon Armstrong's price analysis, check to measure Hannon Armstrong'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 Hannon Armstrong is operating at the current time. Most of Hannon Armstrong's value examination focuses on studying past and present price action to predict the probability of Hannon Armstrong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hannon Armstrong's price. Additionally, you may evaluate how the addition of Hannon Armstrong to your portfolios can decrease your overall portfolio volatility.
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Hannon Armstrong technical 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, stock market cycles, or different charting patterns.