Hydrogen Hybrid Technologies Stock Market Value
| HYHY Stock | USD 0.0001 0.00 0.00% |
| Symbol | Hydrogen |
Is Industrial Machinery & Supplies & Components 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 Hydrogen Hybrid. If investors know Hydrogen 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 Hydrogen Hybrid listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.003 | Return On Assets (0.21) | Return On Equity (1.39) |
The market value of Hydrogen Hybrid Tech is measured differently than its book value, which is the value of Hydrogen that is recorded on the company's balance sheet. Investors also form their own opinion of Hydrogen Hybrid's value that differs from its market value or its book value, called intrinsic value, which is Hydrogen Hybrid'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 Hydrogen Hybrid's market value can be influenced by many factors that don't directly affect Hydrogen Hybrid'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 Hydrogen Hybrid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hydrogen Hybrid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hydrogen Hybrid'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.
Hydrogen Hybrid '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 Hydrogen Hybrid'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 Hydrogen Hybrid.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Hydrogen Hybrid on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Hydrogen Hybrid Technologies or generate 0.0% return on investment in Hydrogen Hybrid over 90 days. Hydrogen Hybrid is related to or competes with Crane NXT, Donaldson, ITT, Franklin Electric, Crane, Flowserve, and Hillenbrand. Hydrogen Hybrid Technologies, Inc. manufactures, sales and distributes on-board hydrogen generating and injections syste... More
Hydrogen Hybrid 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 Hydrogen Hybrid'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 Hydrogen Hybrid Technologies upside and downside potential and time the market with a certain degree of confidence.
Hydrogen Hybrid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hydrogen Hybrid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hydrogen Hybrid's standard deviation. In reality, there are many statistical measures that can use Hydrogen Hybrid historical prices to predict the future Hydrogen Hybrid's volatility.Hydrogen Hybrid Tech Backtested Returns
We have found three technical indicators for Hydrogen Hybrid Tech, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Hydrogen Hybrid are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Hydrogen Hybrid Technologies has perfect predictability. Overlapping area represents the amount of predictability between Hydrogen Hybrid time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd 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 Hydrogen Hybrid Tech price movement. The serial correlation of 1.0 indicates that 100.0% of current Hydrogen Hybrid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hydrogen Hybrid Tech lagged returns against current returns
Autocorrelation, which is Hydrogen Hybrid 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 Hydrogen Hybrid's stock expected returns. We can calculate the autocorrelation of Hydrogen Hybrid returns to help us make a trade decision. For example, suppose you find that Hydrogen Hybrid 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 |
Hydrogen Hybrid 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 Hydrogen Hybrid stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hydrogen Hybrid stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hydrogen Hybrid stock over time.
Current vs Lagged Prices |
| Timeline |
Hydrogen Hybrid Lagged Returns
When evaluating Hydrogen Hybrid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hydrogen Hybrid stock have on its future price. Hydrogen Hybrid 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, Hydrogen Hybrid autocorrelation shows the relationship between Hydrogen Hybrid stock current value and its past values and can show if there is a momentum factor associated with investing in Hydrogen Hybrid Technologies.
Regressed Prices |
| Timeline |
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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.Additional Tools for Hydrogen Stock Analysis
When running Hydrogen Hybrid's price analysis, check to measure Hydrogen Hybrid's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hydrogen Hybrid is operating at the current time. Most of Hydrogen Hybrid's value examination focuses on studying past and present price action to predict the probability of Hydrogen Hybrid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hydrogen Hybrid's price. Additionally, you may evaluate how the addition of Hydrogen Hybrid to your portfolios can decrease your overall portfolio volatility.