Helium One Global Stock Market Value
| HLOGF Stock | USD 0.02 0 25.00% |
| Symbol | Helium |
Helium One '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 Helium One'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 Helium One.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Helium One on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Helium One Global or generate 0.0% return on investment in Helium One over 30 days. Helium One is related to or competes with Aurelia Metals, Azimut Exploration, Mundoro Capital, Alpha Copper, American Rare, and Ameriwest Lithium. Helium One Global Ltd engages in the exploration and production of helium gas More
Helium One 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 Helium One'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 Helium One Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 25.73 | |||
| Information Ratio | 0.0846 | |||
| Maximum Drawdown | 98.85 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 36.36 |
Helium One Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Helium One's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Helium One's standard deviation. In reality, there are many statistical measures that can use Helium One historical prices to predict the future Helium One's volatility.| Risk Adjusted Performance | 0.0795 | |||
| Jensen Alpha | 2.01 | |||
| Total Risk Alpha | (1.14) | |||
| Sortino Ratio | 0.0625 | |||
| Treynor Ratio | (0.69) |
Helium One Global Backtested Returns
Helium One is out of control given 3 months investment horizon. Helium One Global holds Efficiency (Sharpe) Ratio of 0.0912, which attests that the entity had a 0.0912% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.73% are justified by taking the suggested risk. Use Helium One Global Risk Adjusted Performance of 0.0795, market risk adjusted performance of (0.68), and Downside Deviation of 25.73 to evaluate company specific risk that cannot be diversified away. Helium One holds a performance score of 7 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -2.49, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Helium One are expected to decrease by larger amounts. On the other hand, during market turmoil, Helium One is expected to outperform it. Use Helium One Global total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to analyze future returns on Helium One Global.
Auto-correlation | 0.33 |
Below average predictability
Helium One Global has below average predictability. Overlapping area represents the amount of predictability between Helium One time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Helium One Global price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Helium One price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Helium One Global lagged returns against current returns
Autocorrelation, which is Helium One 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 Helium One's otc stock expected returns. We can calculate the autocorrelation of Helium One returns to help us make a trade decision. For example, suppose you find that Helium One 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 |
Helium One 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 Helium One otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Helium One otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Helium One otc stock over time.
Current vs Lagged Prices |
| Timeline |
Helium One Lagged Returns
When evaluating Helium One's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Helium One otc stock have on its future price. Helium One 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, Helium One autocorrelation shows the relationship between Helium One otc stock current value and its past values and can show if there is a momentum factor associated with investing in Helium One Global.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Helium OTC Stock
Helium One financial ratios help investors to determine whether Helium 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 Helium with respect to the benefits of owning Helium One security.