American Helium Stock Market Value
| AHELF Stock | USD 0.11 0.00 0.00% |
| Symbol | American |
American Helium '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 American Helium'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 American Helium.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in American Helium on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding American Helium or generate 0.0% return on investment in American Helium over 720 days. American Helium is related to or competes with Amarc Resources, South Star, and Mundoro Capital. Previously, it was engaged in the acquisition, exploration, and development of helium property interests in North Americ... More
American Helium 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 American Helium'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 American Helium upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 23.08 |
American Helium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Helium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Helium's standard deviation. In reality, there are many statistical measures that can use American Helium historical prices to predict the future American Helium's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (1.03) | |||
| Treynor Ratio | (4.99) |
American Helium Backtested Returns
American Helium is out of control given 3 months investment horizon. American Helium secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of standard deviation over the last 3 months. We were able to break down and interpolate sixteen different technical indicators, which can help you to evaluate if expected returns of 13.8% are justified by taking the suggested risk. Use American Helium risk adjusted performance of (0.08), and Mean Deviation of 1.5 to evaluate company specific risk that cannot be diversified away. American Helium holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.0958, which signifies not very significant fluctuations relative to the market. As returns on the market increase, American Helium's returns are expected to increase less than the market. However, during the bear market, the loss of holding American Helium is expected to be smaller as well. Use American Helium standard deviation and the relationship between the treynor ratio and day typical price , to analyze future returns on American Helium.
Auto-correlation | -0.04 |
Very weak reverse predictability
American Helium has very weak reverse predictability. Overlapping area represents the amount of predictability between American Helium time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd of November 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 American Helium price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current American Helium price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
American Helium lagged returns against current returns
Autocorrelation, which is American Helium 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 American Helium's pink sheet expected returns. We can calculate the autocorrelation of American Helium returns to help us make a trade decision. For example, suppose you find that American Helium 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 |
American Helium 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 American Helium pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Helium pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Helium pink sheet over time.
Current vs Lagged Prices |
| Timeline |
American Helium Lagged Returns
When evaluating American Helium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Helium pink sheet have on its future price. American Helium 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, American Helium autocorrelation shows the relationship between American Helium pink sheet current value and its past values and can show if there is a momentum factor associated with investing in American Helium.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in American Pink Sheet
American Helium financial ratios help investors to determine whether American Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in American with respect to the benefits of owning American Helium security.