Hot Chili Limited Stock Market Value
| HHLKF Stock | USD 0.51 0.00 0.00% |
| Symbol | Hot |
Hot Chili '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 Hot Chili's otc 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 Hot Chili.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Hot Chili on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Hot Chili Limited or generate 0.0% return on investment in Hot Chili over 30 days. Hot Chili is related to or competes with Copper Fox, Imperial Metals, Arizona Sonoran, Copper Mountain, and Amerigo Resources. Hot Chili Limited operates as a mineral exploration company in Australia and Chile More
Hot Chili 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 Hot Chili's otc 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 Hot Chili Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 14.08 | |||
| Value At Risk | (5.36) | |||
| Potential Upside | 5.77 |
Hot Chili Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hot Chili's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hot Chili's standard deviation. In reality, there are many statistical measures that can use Hot Chili historical prices to predict the future Hot Chili's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (0.14) |
Hot Chili Limited Backtested Returns
Hot Chili Limited holds Efficiency (Sharpe) Ratio of -0.0212, which attests that the entity had a -0.0212% return per unit of risk over the last 3 months. Hot Chili Limited exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hot Chili's Market Risk Adjusted Performance of (0.13), standard deviation of 3.2, and insignificant Risk Adjusted Performance to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.34, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hot Chili's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hot Chili is expected to be smaller as well. At this point, Hot Chili Limited has a negative expected return of -0.0685%. Please make sure to check out Hot Chili's maximum drawdown and kurtosis , to decide if Hot Chili Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.28 |
Poor predictability
Hot Chili Limited has poor predictability. Overlapping area represents the amount of predictability between Hot Chili time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 Hot Chili Limited price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Hot Chili price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hot Chili Limited lagged returns against current returns
Autocorrelation, which is Hot Chili otc 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 Hot Chili's otc stock expected returns. We can calculate the autocorrelation of Hot Chili returns to help us make a trade decision. For example, suppose you find that Hot Chili has exhibited high autocorrelation historically, and you observe that the otc 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 |
Hot Chili 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 Hot Chili otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hot Chili otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hot Chili otc stock over time.
Current vs Lagged Prices |
| Timeline |
Hot Chili Lagged Returns
When evaluating Hot Chili's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hot Chili otc stock have on its future price. Hot Chili 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, Hot Chili autocorrelation shows the relationship between Hot Chili otc stock current value and its past values and can show if there is a momentum factor associated with investing in Hot Chili Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Hot OTC Stock
Hot Chili financial ratios help investors to determine whether Hot OTC 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 Hot with respect to the benefits of owning Hot Chili security.