Helix Applications Stock Market Value
| BLVDF Stock | USD 0.07 0.00 0.00% |
| Symbol | Helix |
Helix Applications '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 Helix Applications' 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 Helix Applications.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Helix Applications on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Helix Applications or generate 0.0% return on investment in Helix Applications over 30 days. Helix Applications is related to or competes with Netcapital, and Magic Empire. GlobalBlock Digital Asset Trading Limited develops blockchain-based software technologies and applications More
Helix Applications 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 Helix Applications' 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 Helix Applications upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 19.33 |
Helix Applications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Helix Applications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Helix Applications' standard deviation. In reality, there are many statistical measures that can use Helix Applications historical prices to predict the future Helix Applications' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | 0.9314 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Helix Applications' 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.
Helix Applications Backtested Returns
Helix Applications holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. Helix Applications exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Helix Applications' Risk Adjusted Performance of (0.09), market risk adjusted performance of 0.9414, and Standard Deviation of 2.38 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.34, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Helix Applications are expected to decrease at a much lower rate. During the bear market, Helix Applications is likely to outperform the market. At this point, Helix Applications has a negative expected return of -0.31%. Please make sure to check out Helix Applications' treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Helix Applications performance from the past will be repeated at some point in the near future.
Auto-correlation | 1.00 |
Perfect predictability
Helix Applications has perfect predictability. Overlapping area represents the amount of predictability between Helix Applications time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Helix Applications price movement. The serial correlation of 1.0 indicates that 100.0% of current Helix Applications price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Helix Applications lagged returns against current returns
Autocorrelation, which is Helix Applications 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 Helix Applications' pink sheet expected returns. We can calculate the autocorrelation of Helix Applications returns to help us make a trade decision. For example, suppose you find that Helix Applications 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 |
Helix Applications 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 Helix Applications pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Helix Applications pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Helix Applications pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Helix Applications Lagged Returns
When evaluating Helix Applications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Helix Applications pink sheet have on its future price. Helix Applications 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, Helix Applications autocorrelation shows the relationship between Helix Applications pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Helix Applications.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Helix Pink Sheet
Helix Applications financial ratios help investors to determine whether Helix 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 Helix with respect to the benefits of owning Helix Applications security.