Hear Atlast Holdings Stock Market Value
| HRAL Stock | USD 0.0005 0.0001 16.67% |
| Symbol | Hear |
Hear Atlast '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 Hear Atlast'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 Hear Atlast.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Hear Atlast on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Hear Atlast Holdings or generate 0.0% return on investment in Hear Atlast over 30 days. Hear Atlast is related to or competes with GlucoTrack, Innovative Eyewear, Sharps Technology, JIN MEDICAL, Nexgel, Predictive Oncology, and Bionano Genomics. HearAtLast Holdings, Inc. operates hearing clinics in North America More
Hear Atlast 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 Hear Atlast'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 Hear Atlast Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 19.97 | |||
| Information Ratio | 0.0421 | |||
| Maximum Drawdown | 70.0 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 40.0 |
Hear Atlast Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hear Atlast's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hear Atlast's standard deviation. In reality, there are many statistical measures that can use Hear Atlast historical prices to predict the future Hear Atlast's volatility.| Risk Adjusted Performance | 0.0483 | |||
| Jensen Alpha | 0.9435 | |||
| Total Risk Alpha | (1.64) | |||
| Sortino Ratio | 0.0321 | |||
| Treynor Ratio | (0.51) |
Hear Atlast Holdings Backtested Returns
Hear Atlast appears to be out of control, given 3 months investment horizon. Hear Atlast Holdings holds Efficiency (Sharpe) Ratio of 0.0488, which attests that the entity had a 0.0488% return per unit of standard deviation over the last 3 months. By evaluating Hear Atlast's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please utilize Hear Atlast's market risk adjusted performance of (0.50), and Risk Adjusted Performance of 0.0483 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hear Atlast holds a performance score of 3. The company retains a Market Volatility (i.e., Beta) of -1.5, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Hear Atlast are expected to decrease by larger amounts. On the other hand, during market turmoil, Hear Atlast is expected to outperform it. Please check Hear Atlast's value at risk, rate of daily change, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether Hear Atlast's current trending patterns will revert.
Auto-correlation | -0.03 |
Very weak reverse predictability
Hear Atlast Holdings has very weak reverse predictability. Overlapping area represents the amount of predictability between Hear Atlast time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Hear Atlast Holdings price movement. The serial correlation of -0.03 indicates that only 3.0% of current Hear Atlast price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hear Atlast Holdings lagged returns against current returns
Autocorrelation, which is Hear Atlast 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 Hear Atlast's pink sheet expected returns. We can calculate the autocorrelation of Hear Atlast returns to help us make a trade decision. For example, suppose you find that Hear Atlast 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 |
Hear Atlast 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 Hear Atlast pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hear Atlast pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hear Atlast pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Hear Atlast Lagged Returns
When evaluating Hear Atlast's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hear Atlast pink sheet have on its future price. Hear Atlast 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, Hear Atlast autocorrelation shows the relationship between Hear Atlast pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Hear Atlast Holdings.
Regressed Prices |
| Timeline |
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Hear Atlast financial ratios help investors to determine whether Hear 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 Hear with respect to the benefits of owning Hear Atlast security.