Harfang Exploration Stock Market Value
| HAR Stock | CAD 0.07 0.01 6.67% |
| Symbol | Harfang |
Harfang Exploration Price To Book Ratio
Harfang Exploration '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 Harfang Exploration'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 Harfang Exploration.
| 11/26/2025 |
| 12/26/2025 |
If you would invest 0.00 in Harfang Exploration on November 26, 2025 and sell it all today you would earn a total of 0.00 from holding Harfang Exploration or generate 0.0% return on investment in Harfang Exploration over 30 days. Harfang Exploration is related to or competes with Nord Precious. Harfang Exploration Inc., an exploration and evaluation stage company, acquires and explores for mineral properties in C... More
Harfang Exploration 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 Harfang Exploration'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 Harfang Exploration upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 45.07 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 7.14 |
Harfang Exploration Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harfang Exploration's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Harfang Exploration's standard deviation. In reality, there are many statistical measures that can use Harfang Exploration historical prices to predict the future Harfang Exploration's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.90) | |||
| Treynor Ratio | 9.3 |
Harfang Exploration Backtested Returns
Harfang Exploration holds Efficiency (Sharpe) Ratio of -0.049, which attests that the entity had a -0.049 % return per unit of risk over the last 3 months. Harfang Exploration exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Harfang Exploration's Market Risk Adjusted Performance of 9.31, risk adjusted performance of (0.02), and Standard Deviation of 6.06 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0314, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Harfang Exploration are expected to decrease at a much lower rate. During the bear market, Harfang Exploration is likely to outperform the market. At this point, Harfang Exploration has a negative expected return of -0.3%. Please make sure to check out Harfang Exploration's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Harfang Exploration performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.31 |
Poor reverse predictability
Harfang Exploration has poor reverse predictability. Overlapping area represents the amount of predictability between Harfang Exploration time series from 26th of November 2025 to 11th of December 2025 and 11th of December 2025 to 26th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Harfang Exploration price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Harfang Exploration price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Harfang Exploration lagged returns against current returns
Autocorrelation, which is Harfang Exploration 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 Harfang Exploration's stock expected returns. We can calculate the autocorrelation of Harfang Exploration returns to help us make a trade decision. For example, suppose you find that Harfang Exploration 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 |
Harfang Exploration 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 Harfang Exploration stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Harfang Exploration stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Harfang Exploration stock over time.
Current vs Lagged Prices |
| Timeline |
Harfang Exploration Lagged Returns
When evaluating Harfang Exploration's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Harfang Exploration stock have on its future price. Harfang Exploration 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, Harfang Exploration autocorrelation shows the relationship between Harfang Exploration stock current value and its past values and can show if there is a momentum factor associated with investing in Harfang Exploration.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Harfang Stock Analysis
When running Harfang Exploration's price analysis, check to measure Harfang Exploration'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 Harfang Exploration is operating at the current time. Most of Harfang Exploration's value examination focuses on studying past and present price action to predict the probability of Harfang Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harfang Exploration's price. Additionally, you may evaluate how the addition of Harfang Exploration to your portfolios can decrease your overall portfolio volatility.