Hudson Resources Stock Market Value
| HUDRF Stock | USD 0.02 0.00 0.00% |
| Symbol | Hudson |
Hudson Resources '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 Hudson Resources' 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 Hudson Resources.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Hudson Resources on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding Hudson Resources or generate 0.0% return on investment in Hudson Resources over 180 days. Hudson Resources is related to or competes with Amarc Resources, Aftermath Silver, and Aurelia Metals. Hudson Resources Inc., a junior exploration company, engages in the evaluation, acquisition, exploration, and developmen... More
Hudson Resources 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 Hudson Resources' 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 Hudson Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0944 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 28.0 |
Hudson Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hudson Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hudson Resources' standard deviation. In reality, there are many statistical measures that can use Hudson Resources historical prices to predict the future Hudson Resources' volatility.| Risk Adjusted Performance | 0.0862 | |||
| Jensen Alpha | 2.35 | |||
| Total Risk Alpha | (1.43) | |||
| Treynor Ratio | 3.26 |
Hudson Resources Backtested Returns
Hudson Resources is out of control given 3 months investment horizon. Hudson Resources holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We were able to interpolate data for nineteen different technical indicators, which can help you to evaluate if expected returns of 2.53% are justified by taking the suggested risk. Use Hudson Resources Risk Adjusted Performance of 0.0862, standard deviation of 24.59, and Market Risk Adjusted Performance of 3.27 to evaluate company specific risk that cannot be diversified away. Hudson Resources holds a performance score of 7 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.75, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hudson Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Hudson Resources is expected to be smaller as well. Use Hudson Resources information ratio, as well as the relationship between the potential upside and day median price , to analyze future returns on Hudson Resources.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Hudson Resources has insignificant reverse predictability. Overlapping area represents the amount of predictability between Hudson Resources time series from 27th of May 2024 to 25th of August 2024 and 25th of August 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 Hudson Resources price movement. The serial correlation of -0.17 indicates that over 17.0% of current Hudson Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hudson Resources lagged returns against current returns
Autocorrelation, which is Hudson Resources 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 Hudson Resources' pink sheet expected returns. We can calculate the autocorrelation of Hudson Resources returns to help us make a trade decision. For example, suppose you find that Hudson Resources 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 |
Hudson Resources 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 Hudson Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hudson Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hudson Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Hudson Resources Lagged Returns
When evaluating Hudson Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hudson Resources pink sheet have on its future price. Hudson Resources 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, Hudson Resources autocorrelation shows the relationship between Hudson Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Hudson Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Hudson Pink Sheet
Hudson Resources financial ratios help investors to determine whether Hudson 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 Hudson with respect to the benefits of owning Hudson Resources security.