Hydrogen Refueling (France) Market Value
| ALHRS Stock | EUR 3.31 0.35 9.56% |
| Symbol | Hydrogen |
Hydrogen Refueling '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 Hydrogen Refueling's 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 Hydrogen Refueling.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Hydrogen Refueling on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Hydrogen Refueling Solutions or generate 0.0% return on investment in Hydrogen Refueling over 30 days. Hydrogen Refueling is related to or competes with Fnac Darty, Passat Socit, and Emova Group. Hydrogen-Refueling-Solutions SA manufactures hydrogen refueling stations for all types of vehicles, light and heavy flee... More
Hydrogen Refueling 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 Hydrogen Refueling's 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 Hydrogen Refueling Solutions upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 10.64 | |||
| Value At Risk | (3.63) | |||
| Potential Upside | 2.89 |
Hydrogen Refueling Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hydrogen Refueling's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hydrogen Refueling's standard deviation. In reality, there are many statistical measures that can use Hydrogen Refueling historical prices to predict the future Hydrogen Refueling's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | (1.48) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hydrogen Refueling'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.
Hydrogen Refueling Backtested Returns
Hydrogen Refueling holds Efficiency (Sharpe) Ratio of -0.25, which attests that the entity had a -0.25% return per unit of risk over the last 3 months. Hydrogen Refueling exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hydrogen Refueling's Risk Adjusted Performance of (0.15), standard deviation of 2.08, and Market Risk Adjusted Performance of (1.47) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.29, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hydrogen Refueling's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hydrogen Refueling is expected to be smaller as well. At this point, Hydrogen Refueling has a negative expected return of -0.59%. Please make sure to check out Hydrogen Refueling's jensen alpha, as well as the relationship between the skewness and day median price , to decide if Hydrogen Refueling performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.31 |
Poor reverse predictability
Hydrogen Refueling Solutions has poor reverse predictability. Overlapping area represents the amount of predictability between Hydrogen Refueling time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Hydrogen Refueling price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Hydrogen Refueling price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Hydrogen Refueling lagged returns against current returns
Autocorrelation, which is Hydrogen Refueling 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 Hydrogen Refueling's stock expected returns. We can calculate the autocorrelation of Hydrogen Refueling returns to help us make a trade decision. For example, suppose you find that Hydrogen Refueling 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Hydrogen Refueling 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 Hydrogen Refueling stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hydrogen Refueling stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hydrogen Refueling stock over time.
Current vs Lagged Prices |
| Timeline |
Hydrogen Refueling Lagged Returns
When evaluating Hydrogen Refueling's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hydrogen Refueling stock have on its future price. Hydrogen Refueling 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, Hydrogen Refueling autocorrelation shows the relationship between Hydrogen Refueling stock current value and its past values and can show if there is a momentum factor associated with investing in Hydrogen Refueling Solutions.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Hydrogen Stock Analysis
When running Hydrogen Refueling's price analysis, check to measure Hydrogen Refueling'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 Hydrogen Refueling is operating at the current time. Most of Hydrogen Refueling's value examination focuses on studying past and present price action to predict the probability of Hydrogen Refueling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hydrogen Refueling's price. Additionally, you may evaluate how the addition of Hydrogen Refueling to your portfolios can decrease your overall portfolio volatility.