Charbone Hydrogen Stock Market Value
| CHHYF Stock | 0.14 0.01 6.67% |
| Symbol | CHARBONE |
CHARBONE Hydrogen '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 CHARBONE Hydrogen'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 CHARBONE Hydrogen.
| 07/11/2024 |
| 01/02/2026 |
If you would invest 0.00 in CHARBONE Hydrogen on July 11, 2024 and sell it all today you would earn a total of 0.00 from holding CHARBONE Hydrogen or generate 0.0% return on investment in CHARBONE Hydrogen over 540 days.
CHARBONE Hydrogen 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 CHARBONE Hydrogen'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 CHARBONE Hydrogen upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.03 | |||
| Information Ratio | 0.1826 | |||
| Maximum Drawdown | 68.18 | |||
| Value At Risk | (14.08) | |||
| Potential Upside | 32.52 |
CHARBONE Hydrogen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CHARBONE Hydrogen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CHARBONE Hydrogen's standard deviation. In reality, there are many statistical measures that can use CHARBONE Hydrogen historical prices to predict the future CHARBONE Hydrogen's volatility.| Risk Adjusted Performance | 0.1414 | |||
| Jensen Alpha | 2.44 | |||
| Total Risk Alpha | 1.55 | |||
| Sortino Ratio | 0.2677 | |||
| Treynor Ratio | 4.42 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CHARBONE Hydrogen'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.
CHARBONE Hydrogen Backtested Returns
CHARBONE Hydrogen is out of control given 3 months investment horizon. CHARBONE Hydrogen retains Efficiency (Sharpe Ratio) of 0.16, which signifies that the company had a 0.16 % return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-seven different technical indicators, which can help you to evaluate if expected returns of 2.15% are justified by taking the suggested risk. Use CHARBONE Hydrogen coefficient of variation of 534.72, and Market Risk Adjusted Performance of 4.43 to evaluate company specific risk that cannot be diversified away. CHARBONE Hydrogen holds a performance score of 13 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of 0.56, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CHARBONE Hydrogen's returns are expected to increase less than the market. However, during the bear market, the loss of holding CHARBONE Hydrogen is expected to be smaller as well. Use CHARBONE Hydrogen value at risk, rate of daily change, and the relationship between the total risk alpha and expected short fall , to analyze future returns on CHARBONE Hydrogen.
Auto-correlation | -0.33 |
Poor reverse predictability
CHARBONE Hydrogen has poor reverse predictability. Overlapping area represents the amount of predictability between CHARBONE Hydrogen time series from 11th of July 2024 to 7th of April 2025 and 7th of April 2025 to 2nd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CHARBONE Hydrogen price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current CHARBONE Hydrogen price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CHARBONE Hydrogen lagged returns against current returns
Autocorrelation, which is CHARBONE Hydrogen 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 CHARBONE Hydrogen's pink sheet expected returns. We can calculate the autocorrelation of CHARBONE Hydrogen returns to help us make a trade decision. For example, suppose you find that CHARBONE Hydrogen 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 |
CHARBONE Hydrogen 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 CHARBONE Hydrogen pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CHARBONE Hydrogen pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CHARBONE Hydrogen pink sheet over time.
Current vs Lagged Prices |
| Timeline |
CHARBONE Hydrogen Lagged Returns
When evaluating CHARBONE Hydrogen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CHARBONE Hydrogen pink sheet have on its future price. CHARBONE Hydrogen 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, CHARBONE Hydrogen autocorrelation shows the relationship between CHARBONE Hydrogen pink sheet current value and its past values and can show if there is a momentum factor associated with investing in CHARBONE Hydrogen.
Regressed Prices |
| Timeline |