Score 7.7 (out of 10): Holcim signals -3.1% over next 1 month

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Insight:

HOLCIM LTD has triggered a new volatility signal (2 month). During similar occasions, HOLCIM LTD shares had a median return of -3.1%, over the following 1 month – based on 10 historical occasions with 8 of those showing negative returns (80%). This sell signal for HOLCIM LTD received a high score of 7.7 (out of 10). This insight was generated on 2021-September-17 with last price of 47.79. HOLCIM LTD is in the Bldg Prod-Cement/Aggreg business. Based on the last 2 years’ risk/return profile, this asset is seen as Very Risky. ‘Wall Street’ analysts think the stock price will be worth 40.8% more (average). Ticker symbol: HOLN SW.

Details:

NameHOLCIM LTD
ViewDown
Star (1 to 10)7.7
Target-3.1%
Time1 month
Hit Rate80%

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ shown under (2), etc. 

Previous episodes:

-2.8% (July-2021), -5.6% (April-2021), 4.2% (November-2019), -7.8% (July-2019), -0.6% (April-2019), -7.1% (January-2018), -3.5% (September-2017), 1.2% (July-2017), -2.6% (March-2017), -3.8% (December-2016)

How have we arrived at this insight:

The conditions that led to similar insights previously have just been triggered in the market, making this ‘insight’ relevant right now.

While sorting through the mountains of data, our data engine detected a statistically relevant historical relationship between this ‘insight’ and the asset. Our data engine aims to optimize between statistical relevant relationships (high accuracy), situations that are relevant right now (entry timing) and ideal trade horizon (exit timing).

Based on the statistical significance of previous returns in similar situations, a high score indicates a more statistically relevant expected ‘future’ move for this particular asset. After calculating various scenarios, we found the optimal trade horizon for this particular relationship to be 1 month.

We calculate the median return for those previous situations (median is calculated by taking the ‘middle’ value, the value for which half the observations are larger and half are smaller) to determine the -3.1% estimated target return.

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