Havn Life Sciences Stock Market Value
| HAVLF Stock | USD 0.01 0.00 0.00% |
| Symbol | HAVN |
HAVN Life '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 HAVN Life'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 HAVN Life.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in HAVN Life on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding HAVN Life Sciences or generate 0.0% return on investment in HAVN Life over 30 days. HAVN Life is related to or competes with Rigel Pharmaceuticals, Geron, Verastem, Immutep, and Elevation Oncology. HAVN Life Sciences Inc., a biotechnology company, engages in the research and development of psychopharmacological produ... More
HAVN Life 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 HAVN Life'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 HAVN Life Sciences upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1229 | |||
| Maximum Drawdown | 5100.0 |
HAVN Life Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HAVN Life's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HAVN Life's standard deviation. In reality, there are many statistical measures that can use HAVN Life historical prices to predict the future HAVN Life's volatility.| Risk Adjusted Performance | 0.1041 | |||
| Jensen Alpha | 77.78 | |||
| Total Risk Alpha | (27.53) | |||
| Treynor Ratio | (19.12) |
HAVN Life Sciences Backtested Returns
HAVN Life is out of control given 3 months investment horizon. HAVN Life Sciences holds Efficiency (Sharpe) Ratio of 0.12, which attests that the company had a 0.12% return per unit of volatility over the last 3 months. We were able to break down and interpolate sixteen different technical indicators, which can help you to evaluate if expected returns of 15.38% are justified by taking the suggested risk. Use HAVN Life Sciences coefficient of variation of 812.4, and Market Risk Adjusted Performance of (19.11) to evaluate company specific risk that cannot be diversified away. HAVN Life holds a performance score of 9 on a scale of zero to a hundred. The firm retains a Market Volatility (i.e., Beta) of -4.04, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning HAVN Life are expected to decrease by larger amounts. On the other hand, during market turmoil, HAVN Life is expected to outperform it. Use HAVN Life Sciences standard deviation, as well as the relationship between the maximum drawdown and day median price , to analyze future returns on HAVN Life Sciences.
Auto-correlation | 0.00 |
No correlation between past and present
HAVN Life Sciences has no correlation between past and present. Overlapping area represents the amount of predictability between HAVN Life time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 HAVN Life Sciences price movement. The serial correlation of 0.0 indicates that just 0.0% of current HAVN Life price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
HAVN Life Sciences lagged returns against current returns
Autocorrelation, which is HAVN Life 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 HAVN Life's pink sheet expected returns. We can calculate the autocorrelation of HAVN Life returns to help us make a trade decision. For example, suppose you find that HAVN Life 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 |
HAVN Life 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 HAVN Life pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HAVN Life pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HAVN Life pink sheet over time.
Current vs Lagged Prices |
| Timeline |
HAVN Life Lagged Returns
When evaluating HAVN Life's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HAVN Life pink sheet have on its future price. HAVN Life 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, HAVN Life autocorrelation shows the relationship between HAVN Life pink sheet current value and its past values and can show if there is a momentum factor associated with investing in HAVN Life Sciences.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in HAVN Pink Sheet
HAVN Life financial ratios help investors to determine whether HAVN 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 HAVN with respect to the benefits of owning HAVN Life security.