Helix Acquisition Corp Stock Market Value
| HLXB Stock | 10.70 0.05 0.47% |
| Symbol | Helix |
Helix Acquisition Corp Price To Book Ratio
Is Multi-Sector Holdings space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Helix Acquisition. If investors know Helix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Helix Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Helix Acquisition Corp is measured differently than its book value, which is the value of Helix that is recorded on the company's balance sheet. Investors also form their own opinion of Helix Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Helix Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Helix Acquisition's market value can be influenced by many factors that don't directly affect Helix Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Helix Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Helix Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Helix Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Helix Acquisition '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 Helix Acquisition'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 Helix Acquisition.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Helix Acquisition on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Helix Acquisition Corp or generate 0.0% return on investment in Helix Acquisition over 30 days. Helix Acquisition is related to or competes with Kulicke, Joint Corp, Jabil Circuit, Transcontinental, Plexus Corp, Cedar Realty, and Artisan Partners. Helix Acquisition is entity of United States More
Helix Acquisition 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 Helix Acquisition'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 Helix Acquisition Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.17 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 8.6 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 1.81 |
Helix Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Helix Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Helix Acquisition's standard deviation. In reality, there are many statistical measures that can use Helix Acquisition historical prices to predict the future Helix Acquisition's volatility.| Risk Adjusted Performance | 0.0283 | |||
| Jensen Alpha | 0.0442 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.16) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Helix Acquisition's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Helix Acquisition Corp Backtested Returns
At this point, Helix Acquisition is not too volatile. Helix Acquisition Corp holds Efficiency (Sharpe) Ratio of 0.0245, which attests that the entity had a 0.0245 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Helix Acquisition Corp, which you can use to evaluate the volatility of the firm. Please check out Helix Acquisition's Market Risk Adjusted Performance of (0.15), downside deviation of 2.17, and Risk Adjusted Performance of 0.0283 to validate if the risk estimate we provide is consistent with the expected return of 0.0328%. Helix Acquisition has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Helix Acquisition are expected to decrease at a much lower rate. During the bear market, Helix Acquisition is likely to outperform the market. Helix Acquisition Corp right now retains a risk of 1.34%. Please check out Helix Acquisition potential upside, and the relationship between the sortino ratio and skewness , to decide if Helix Acquisition will be following its current trending patterns.
Auto-correlation | -0.9 |
Excellent reverse predictability
Helix Acquisition Corp has excellent reverse predictability. Overlapping area represents the amount of predictability between Helix Acquisition time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st 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 Helix Acquisition Corp price movement. The serial correlation of -0.9 indicates that approximately 90.0% of current Helix Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.9 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Helix Acquisition Corp lagged returns against current returns
Autocorrelation, which is Helix Acquisition 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 Helix Acquisition's stock expected returns. We can calculate the autocorrelation of Helix Acquisition returns to help us make a trade decision. For example, suppose you find that Helix Acquisition 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 |
Helix Acquisition 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 Helix Acquisition stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Helix Acquisition stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Helix Acquisition stock over time.
Current vs Lagged Prices |
| Timeline |
Helix Acquisition Lagged Returns
When evaluating Helix Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Helix Acquisition stock have on its future price. Helix Acquisition 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, Helix Acquisition autocorrelation shows the relationship between Helix Acquisition stock current value and its past values and can show if there is a momentum factor associated with investing in Helix Acquisition Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Helix Acquisition Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Helix Acquisition's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Helix Acquisition Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Helix Acquisition Corp Stock:Check out Helix Acquisition Correlation, Helix Acquisition Volatility and Helix Acquisition Alpha and Beta module to complement your research on Helix Acquisition. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Helix Acquisition technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.