Global Helium Corp Stock Market Value
| HECOF Stock | USD 0.04 0 7.89% |
| Symbol | Global |
Global Helium '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 Global Helium'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 Global Helium.
| 11/01/2024 |
| 01/30/2025 |
If you would invest 0.00 in Global Helium on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Global Helium Corp or generate 0.0% return on investment in Global Helium over 90 days. Global Helium is related to or competes with Silver X, Amarc Resources, Aurelia Metals, and Alpha Copper. Global Helium Corp. engages in the acquisition, exploration, development, and production of helium resources in North Am... More
Global Helium 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 Global Helium'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 Global Helium Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.25 | |||
| Information Ratio | 0.0256 | |||
| Maximum Drawdown | 77.5 | |||
| Value At Risk | (17.50) | |||
| Potential Upside | 18.87 |
Global Helium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Helium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Helium's standard deviation. In reality, there are many statistical measures that can use Global Helium historical prices to predict the future Global Helium's volatility.| Risk Adjusted Performance | 0.037 | |||
| Jensen Alpha | 0.4875 | |||
| Total Risk Alpha | (1.00) | |||
| Sortino Ratio | 0.0303 | |||
| Treynor Ratio | (0.69) |
Global Helium Corp Backtested Returns
Global Helium appears to be out of control, given 3 months investment horizon. Global Helium Corp holds Efficiency (Sharpe) Ratio of 0.0529, which attests that the entity had a 0.0529 % return per unit of risk over the last 3 months. By evaluating Global Helium's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please utilize Global Helium's Market Risk Adjusted Performance of (0.68), risk adjusted performance of 0.037, and Downside Deviation of 11.25 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Global Helium holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of -0.63, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Global Helium are expected to decrease at a much lower rate. During the bear market, Global Helium is likely to outperform the market. Please check Global Helium's semi variance, day median price, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Global Helium's current trending patterns will revert.
Auto-correlation | 0.03 |
Virtually no predictability
Global Helium Corp has virtually no predictability. Overlapping area represents the amount of predictability between Global Helium time series from 1st of November 2024 to 16th of December 2024 and 16th of December 2024 to 30th of January 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 Global Helium Corp price movement. The serial correlation of 0.03 indicates that only 3.0% of current Global Helium price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Global Helium Corp lagged returns against current returns
Autocorrelation, which is Global Helium 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 Global Helium's pink sheet expected returns. We can calculate the autocorrelation of Global Helium returns to help us make a trade decision. For example, suppose you find that Global Helium 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 |
Global Helium 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 Global Helium pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Helium pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Helium pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Global Helium Lagged Returns
When evaluating Global Helium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Helium pink sheet have on its future price. Global Helium 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, Global Helium autocorrelation shows the relationship between Global Helium pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Global Helium Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Global Pink Sheet
Global Helium financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Helium security.