Hudbay Stock Market Value

HBM
 Stock
  

USD 5.50  0.08  1.48%   

Hudbay Minerals' market value is the price at which a share of Hudbay Minerals stock trades on a public exchange. It measures the collective expectations of Hudbay Minerals investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Hudbay Minerals and determine expected loss or profit from investing in Hudbay Minerals over a given investment horizon. Please check Hudbay Minerals Correlation, Hudbay Minerals Volatility and Hudbay Minerals Alpha and Beta module to complement your research on Hudbay Minerals.
Symbol


Is Hudbay Minerals' 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 Hudbay Minerals. If investors know Hudbay 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 Hudbay Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
1.4 B
Quarterly Revenue Growth YOY
(0.036) 
Return On Assets
0.0439
Return On Equity
0.0506
The market value of Hudbay Minerals is measured differently than its book value, which is the value of Hudbay that is recorded on the company's balance sheet. Investors also form their own opinion of Hudbay Minerals' value that differs from its market value or its book value, called intrinsic value, which is Hudbay Minerals' 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 Hudbay Minerals' market value can be influenced by many factors that don't directly affect Hudbay Minerals' 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 Hudbay Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine Hudbay Minerals value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hudbay Minerals' 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.

Hudbay Minerals '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 Hudbay Minerals' 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 Hudbay Minerals.
0.00
09/10/2022
No Change 0.00  0.0 
In 3 months and 1 day
12/09/2022
0.00
If you would invest  0.00  in Hudbay Minerals on September 10, 2022 and sell it all today you would earn a total of 0.00 from holding Hudbay Minerals or generate 0.0% return on investment in Hudbay Minerals over 90 days. Hudbay Minerals is related to or competes with Walmart, Chevron Corp, Pfizer, Boeing, American Express, JPMorgan Chase, and Disney. Hudbay Minerals Inc., a diversified mining company, together with its subsidiaries, focuses on the discovery, production... More

Hudbay Minerals 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 Hudbay Minerals' 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 Hudbay Minerals upside and downside potential and time the market with a certain degree of confidence.

Hudbay Minerals Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Hudbay Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hudbay Minerals' standard deviation. In reality, there are many statistical measures that can use Hudbay Minerals historical prices to predict the future Hudbay Minerals' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Hudbay Minerals' 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 Hudbay Minerals in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.515.3510.19
Details
Intrinsic
Valuation
LowReal ValueHigh
1.706.5411.38
Details
Naive
Forecast
LowNext ValueHigh
0.215.059.89
Details
8 Analysts
Consensus
LowTarget PriceHigh
7.2010.3712.56
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hudbay Minerals. Your research has to be compared to or analyzed against Hudbay Minerals' peers to derive any actionable benefits. When done correctly, Hudbay Minerals' 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 Hudbay Minerals.

Hudbay Minerals Backtested Returns

Hudbay Minerals appears to be moderately volatile, given 3 months investment horizon. Hudbay Minerals holds Efficiency (Sharpe) Ratio of 0.0674, which attests that the entity had 0.0674% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Hudbay Minerals, which you can use to evaluate the future volatility of the firm. Please utilize Hudbay Minerals' Downside Deviation of 3.67, risk adjusted performance of 0.1686, and Market Risk Adjusted Performance of 0.2758 to validate if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Hudbay Minerals holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of 1.9327, which attests to a somewhat significant risk relative to the market. Let's try to break down what Hudbay's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Hudbay Minerals will likely underperform. Although it is vital to follow Hudbay Minerals current price history, it is good to be conservative about what you can do with the information regarding equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Hudbay Minerals technical indicators, you can presently evaluate if the expected return of 0.33% will be sustainable into the future. Please utilizes Hudbay Minerals information ratio, downside variance, day median price, as well as the relationship between the treynor ratio and kurtosis to make a quick decision on whether Hudbay Minerals current trending patterns will revert.

Auto-correlation

    
  -0.56  

Good reverse predictability

Hudbay Minerals has good reverse predictability. Overlapping area represents the amount of predictability between Hudbay Minerals time series from 10th of September 2022 to 25th of October 2022 and 25th of October 2022 to 9th of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hudbay Minerals price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Hudbay Minerals price fluctuation can be explain by its past prices.
Correlation Coefficient-0.56
Spearman Rank Test-0.6
Residual Average0.0
Price Variance0.4

Hudbay Minerals lagged returns against current returns

Autocorrelation, which is Hudbay Minerals 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 Hudbay Minerals' stock expected returns. We can calculate the autocorrelation of Hudbay Minerals returns to help us make a trade decision. For example, suppose you find that Hudbay Minerals stock 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  

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

Hudbay Minerals Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Hudbay Minerals without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check Hudbay Minerals Correlation, Hudbay Minerals Volatility and Hudbay Minerals Alpha and Beta module to complement your research on Hudbay Minerals. Note that the Hudbay Minerals information on this page should be used as a complementary analysis to other Hudbay Minerals' 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running Hudbay Minerals price analysis, check to measure Hudbay Minerals' 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 Hudbay Minerals is operating at the current time. Most of Hudbay Minerals' value examination focuses on studying past and present price action to predict the probability of Hudbay Minerals' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hudbay Minerals' price. Additionally, you may evaluate how the addition of Hudbay Minerals to your portfolios can decrease your overall portfolio volatility.
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Hudbay Minerals 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.
A focus of Hudbay Minerals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hudbay Minerals 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...