Hancock Mutual Fund Market Value

HHDTX -  USA Fund  

USD 26.61  0.00  0.00%

Hancock Horizon's market value is the price at which a share of Hancock Horizon stock trades on a public exchange. It measures the collective expectations of Hancock Horizon Diversified investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Hancock Horizon Diversified and determine expected loss or profit from investing in Hancock Horizon over a given investment horizon. Please check Hancock Horizon Hype Analysis, Hancock Horizon Correlation, Portfolio Optimization, Hancock Horizon Volatility, as well as analyze Hancock Horizon Alpha and Beta and Hancock Horizon Performance.
Symbol
Backtest

Please note, there is a significant difference between Hancock Horizon's value and its price as these two are different measures arrived at by different means. Investors typically determine Hancock Horizon value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hancock Horizon'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.

Hancock Horizon '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 Hancock Horizon's mutual fund 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 Hancock Horizon.
0.00
11/04/2021
No Change 0.00  0.0 
In 30 days
12/04/2021
0.00
If you would invest  0.00  in Hancock Horizon on November 4, 2021 and sell it all today you would earn a total of 0.00 from holding Hancock Horizon Diversified or generate 0.0% return on investment in Hancock Horizon over 30 days. Hancock Horizon is related to or competes with Vanguard Total. The fund seeks long-term capital appreciation by investing primarily in equity securities of foreign companies

Hancock Horizon 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 Hancock Horizon's mutual fund 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 Hancock Horizon Diversified upside and downside potential and time the market with a certain degree of confidence.

Hancock Horizon Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Hancock Horizon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hancock Horizon's standard deviation. In reality, there are many statistical measures that can use Hancock Horizon historical prices to predict the future Hancock Horizon's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Hancock Horizon'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. Please use the tools below to analyze the current value of Hancock Horizon in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
26.2526.6126.97
Details
Intrinsic
Valuation
LowReal ValueHigh
26.2226.5826.94
Details
Naive
Forecast
LowNext ValueHigh
26.2126.5626.92
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
26.6126.6126.61
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hancock Horizon. Your research has to be compared to or analyzed against Hancock Horizon's peers to derive any actionable benefits. When done correctly, Hancock Horizon's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Hancock Horizon Dive.

Hancock Horizon Dive Backtested Returns

Hancock Horizon Dive holds Efficiency (Sharpe) Ratio of -0.0725, which attests that the entity had -0.0725% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Hancock Horizon Dive exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Hancock Horizon risk adjusted performance of (0.018655), and Market Risk Adjusted Performance of (0.35) to validate the risk estimate we provide.
The fund retains a Market Volatility (i.e., Beta) of 0.0355, which attests to not very significant fluctuations relative to the market. Let's try to break down what Hancock's beta means in this case. As returns on the market increase, Hancock Horizon returns are expected to increase less than the market. However, during the bear market, the loss on holding Hancock Horizon will be expected to be smaller as well. Even though it is essential to pay attention to Hancock Horizon Dive current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Hancock Horizon Dive exposes twenty-one different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
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No correlation between past and present

Hancock Horizon Diversified has no correlation between past and present. Overlapping area represents the amount of predictability between Hancock Horizon time series from 4th of November 2021 to 19th of November 2021 and 19th of November 2021 to 4th of December 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hancock Horizon Dive price movement. The serial correlation of 0.0 indicates that just 0.0% of current Hancock Horizon price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.0

Hancock Horizon Dive lagged returns against current returns

Autocorrelation, which is Hancock Horizon mutual fund'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 Hancock Horizon's mutual fund expected returns. We can calculate the autocorrelation of Hancock Horizon returns to help us make a trade decision. For example, suppose you find that Hancock Horizon mutual fund 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Hancock Horizon 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 Hancock Horizon mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hancock Horizon mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hancock Horizon mutual fund over time.
 Current vs Lagged Prices 
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      Timeline 

Hancock Horizon Lagged Returns

When evaluating Hancock Horizon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hancock Horizon mutual fund have on its future price. Hancock Horizon 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, Hancock Horizon autocorrelation shows the relationship between Hancock Horizon mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Hancock Horizon Diversified.
 Regressed Prices 
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      Timeline 

Hancock Horizon Investors Sentiment

The influence of Hancock Horizon's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hancock. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 Hancock Horizon 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, Hancock Horizon's short interest history, or implied volatility extrapolated from Hancock Horizon options trading.

Current Sentiment - HHDTX

Hancock Horizon Dive Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in Hancock Horizon Diversified. What is your judgment towards investing in Hancock Horizon Diversified? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
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Please check Hancock Horizon Hype Analysis, Hancock Horizon Correlation, Portfolio Optimization, Hancock Horizon Volatility, as well as analyze Hancock Horizon Alpha and Beta and Hancock Horizon Performance. Note that the Hancock Horizon Dive information on this page should be used as a complementary analysis to other Hancock Horizon's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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When running Hancock Horizon Dive price analysis, check to measure Hancock Horizon'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 Hancock Horizon is operating at the current time. Most of Hancock Horizon's value examination focuses on studying past and present price action to predict the probability of Hancock Horizon's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hancock Horizon's price. Additionally, you may evaluate how the addition of Hancock Horizon to your portfolios can decrease your overall portfolio volatility.
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Hancock Horizon technical mutual fund 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.
A focus of Hancock Horizon technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hancock Horizon trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...