HAVILAH RESOURCES (Germany) Market Value
| FWL Stock | EUR 0.11 0.00 0.00% |
| Symbol | HAVILAH |
HAVILAH RESOURCES '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 HAVILAH RESOURCES'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 HAVILAH RESOURCES.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in HAVILAH RESOURCES on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding HAVILAH RESOURCES or generate 0.0% return on investment in HAVILAH RESOURCES over 360 days. HAVILAH RESOURCES is related to or competes with Clean Energy, Vastned Retail, FAST RETAIL, Canadian Utilities, Tradeweb Markets, SALESFORCE INC, and NORTHEAST UTILITIES. More
HAVILAH RESOURCES 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 HAVILAH RESOURCES'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 HAVILAH RESOURCES upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.19 | |||
| Information Ratio | 0.0292 | |||
| Maximum Drawdown | 25.49 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 9.09 |
HAVILAH RESOURCES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HAVILAH RESOURCES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HAVILAH RESOURCES's standard deviation. In reality, there are many statistical measures that can use HAVILAH RESOURCES historical prices to predict the future HAVILAH RESOURCES's volatility.| Risk Adjusted Performance | 0.0544 | |||
| Jensen Alpha | 0.4511 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | 0.017 | |||
| Treynor Ratio | (0.14) |
HAVILAH RESOURCES Backtested Returns
HAVILAH RESOURCES appears to be out of control, given 3 months investment horizon. HAVILAH RESOURCES holds Efficiency (Sharpe) Ratio of 0.0585, which attests that the company had a 0.0585% return per unit of volatility over the last 3 months. We have found twenty-five technical indicators for HAVILAH RESOURCES, which you can use to evaluate the volatility of the entity. Please utilize HAVILAH RESOURCES's semi deviation of 2.98, and Market Risk Adjusted Performance of (0.13) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, HAVILAH RESOURCES holds a performance score of 4. The firm retains a Market Volatility (i.e., Beta) of -1.72, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning HAVILAH RESOURCES are expected to decrease by larger amounts. On the other hand, during market turmoil, HAVILAH RESOURCES is expected to outperform it. Please check HAVILAH RESOURCES's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether HAVILAH RESOURCES's current trending patterns will revert.
Auto-correlation | 0.23 |
Weak predictability
HAVILAH RESOURCES has weak predictability. Overlapping area represents the amount of predictability between HAVILAH RESOURCES time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 HAVILAH RESOURCES price movement. The serial correlation of 0.23 indicates that over 23.0% of current HAVILAH RESOURCES price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
HAVILAH RESOURCES lagged returns against current returns
Autocorrelation, which is HAVILAH RESOURCES 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 HAVILAH RESOURCES's stock expected returns. We can calculate the autocorrelation of HAVILAH RESOURCES returns to help us make a trade decision. For example, suppose you find that HAVILAH RESOURCES 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 |
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HAVILAH RESOURCES 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 HAVILAH RESOURCES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HAVILAH RESOURCES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HAVILAH RESOURCES stock over time.
Current vs Lagged Prices |
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HAVILAH RESOURCES Lagged Returns
When evaluating HAVILAH RESOURCES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HAVILAH RESOURCES stock have on its future price. HAVILAH RESOURCES 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, HAVILAH RESOURCES autocorrelation shows the relationship between HAVILAH RESOURCES stock current value and its past values and can show if there is a momentum factor associated with investing in HAVILAH RESOURCES.
Regressed Prices |
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Also Currently Popular
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.Other Information on Investing in HAVILAH Stock
HAVILAH RESOURCES financial ratios help investors to determine whether HAVILAH Stock 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 HAVILAH with respect to the benefits of owning HAVILAH RESOURCES security.