Hyundai Motor Co Stock Market Value
| HYMTF Stock | USD 53.40 0.29 0.55% |
| Symbol | Hyundai |
Hyundai '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 Hyundai'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 Hyundai.
| 04/27/2022 |
| 04/16/2024 |
If you would invest 0.00 in Hyundai on April 27, 2022 and sell it all today you would earn a total of 0.00 from holding Hyundai Motor Co or generate 0.0% return on investment in Hyundai over 720 days. Hyundai is related to or competes with Volkswagen, SCOR PK, and T Rowe. Hyundai Motor Company, together with its subsidiaries, manufactures and distributes motor vehicles and parts worldwide More
Hyundai 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 Hyundai'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 Hyundai Motor Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.09 | |||
| Information Ratio | 0.1412 | |||
| Maximum Drawdown | 16.31 | |||
| Value At Risk | (6.04) | |||
| Potential Upside | 5.81 |
Hyundai Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hyundai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hyundai's standard deviation. In reality, there are many statistical measures that can use Hyundai historical prices to predict the future Hyundai's volatility.| Risk Adjusted Performance | 0.1087 | |||
| Jensen Alpha | 0.505 | |||
| Total Risk Alpha | 0.2389 | |||
| Sortino Ratio | 0.149 | |||
| Treynor Ratio | 3.54 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hyundai'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.
Hyundai Motor Backtested Returns
Hyundai appears to be very steady, given 3 months investment horizon. Hyundai Motor holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. By evaluating Hyundai's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please utilize Hyundai's Risk Adjusted Performance of 0.1087, market risk adjusted performance of 3.55, and Downside Deviation of 3.09 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hyundai holds a performance score of 13. The company retains a Market Volatility (i.e., Beta) of 0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hyundai's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hyundai is expected to be smaller as well. Please check Hyundai's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Hyundai's current trending patterns will revert.
Auto-correlation | 0.38 |
Below average predictability
Hyundai Motor Co has below average predictability. Overlapping area represents the amount of predictability between Hyundai time series from 27th of April 2022 to 22nd of April 2023 and 22nd of April 2023 to 16th 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 Hyundai Motor price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Hyundai price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 55.75 |
Hyundai Motor lagged returns against current returns
Autocorrelation, which is Hyundai 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 Hyundai's pink sheet expected returns. We can calculate the autocorrelation of Hyundai returns to help us make a trade decision. For example, suppose you find that Hyundai 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 |
Hyundai 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 Hyundai pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hyundai pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hyundai pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Hyundai Lagged Returns
When evaluating Hyundai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hyundai pink sheet have on its future price. Hyundai 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, Hyundai autocorrelation shows the relationship between Hyundai pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Hyundai Motor Co.
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 Hyundai 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, Hyundai's short interest history, or implied volatility extrapolated from Hyundai options trading.
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Complementary Tools for Hyundai Pink Sheet analysis
When running Hyundai's price analysis, check to measure Hyundai'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 Hyundai is operating at the current time. Most of Hyundai's value examination focuses on studying past and present price action to predict the probability of Hyundai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hyundai's price. Additionally, you may evaluate how the addition of Hyundai to your portfolios can decrease your overall portfolio volatility.
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Hyundai 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.