Henderson Land Development Stock Market Value
| HLDCY Stock | USD 3.00 0.04 1.35% |
| Symbol | Henderson |
Henderson Land '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 Henderson Land'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 Henderson Land.
| 10/27/2023 |
| 04/24/2024 |
If you would invest 0.00 in Henderson Land on October 27, 2023 and sell it all today you would earn a total of 0.00 from holding Henderson Land Development or generate 0.0% return on investment in Henderson Land over 180 days. Henderson Land is related to or competes with Daito Trust, Comstock Holding, St Joe, Stratus Properties, Henderson Land, and Mitsui Fudosan. Henderson Land Development Company Limited, an investment holding company, engages in the property development and inves... More
Henderson Land 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 Henderson Land'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 Henderson Land Development upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.06 | |||
| Information Ratio | 0.0252 | |||
| Maximum Drawdown | 11.83 | |||
| Value At Risk | (3.65) | |||
| Potential Upside | 3.39 |
Henderson Land Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Henderson Land's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Henderson Land's standard deviation. In reality, there are many statistical measures that can use Henderson Land historical prices to predict the future Henderson Land's volatility.| Risk Adjusted Performance | 0.0518 | |||
| Jensen Alpha | 0.1254 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0249 | |||
| Treynor Ratio | 1.02 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Henderson Land'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.
Henderson Land Devel Backtested Returns
We consider Henderson Land moderately volatile. Henderson Land Devel holds Efficiency (Sharpe) Ratio of 0.0771, which attests that the entity had a 0.0771% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Henderson Land Devel, which you can use to evaluate the volatility of the firm. Please check out Henderson Land's Downside Deviation of 2.06, market risk adjusted performance of 1.03, and Risk Adjusted Performance of 0.0518 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. Henderson Land has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Henderson Land's returns are expected to increase less than the market. However, during the bear market, the loss of holding Henderson Land is expected to be smaller as well. Henderson Land Devel right now retains a risk of 1.96%. Please check out Henderson Land semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Henderson Land will be following its current trending patterns.
Auto-correlation | 0.42 |
Average predictability
Henderson Land Development has average predictability. Overlapping area represents the amount of predictability between Henderson Land time series from 27th of October 2023 to 25th of January 2024 and 25th of January 2024 to 24th 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 Henderson Land Devel price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Henderson Land price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Henderson Land Devel lagged returns against current returns
Autocorrelation, which is Henderson Land 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 Henderson Land's pink sheet expected returns. We can calculate the autocorrelation of Henderson Land returns to help us make a trade decision. For example, suppose you find that Henderson Land 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 |
Henderson Land 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 Henderson Land pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Henderson Land pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Henderson Land pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Henderson Land Lagged Returns
When evaluating Henderson Land's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Henderson Land pink sheet have on its future price. Henderson Land 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, Henderson Land autocorrelation shows the relationship between Henderson Land pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Henderson Land Development.
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 Henderson Land 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, Henderson Land's short interest history, or implied volatility extrapolated from Henderson Land options trading.
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Complementary Tools for Henderson Pink Sheet analysis
When running Henderson Land's price analysis, check to measure Henderson Land'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 Henderson Land is operating at the current time. Most of Henderson Land's value examination focuses on studying past and present price action to predict the probability of Henderson Land's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Henderson Land's price. Additionally, you may evaluate how the addition of Henderson Land to your portfolios can decrease your overall portfolio volatility.
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Henderson Land 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.