Sunhydrogen Stock Market Value
| HYSR Stock | USD 0.02 0 4.00% |
| Symbol | SunHydrogen |
SunHydrogen '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 SunHydrogen'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 SunHydrogen.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in SunHydrogen on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding SunHydrogen or generate 0.0% return on investment in SunHydrogen over 30 days. SunHydrogen is related to or competes with Ascent Solar, Sunrun, Emeren, and Sunnova Energy. SunHydrogen, Inc. engages in the development and marketing of solar-powered nanoparticle systems that mimics photosynthe... More
SunHydrogen 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 SunHydrogen'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 SunHydrogen upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.26 | |||
| Information Ratio | 0.0772 | |||
| Maximum Drawdown | 29.29 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 13.04 |
SunHydrogen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SunHydrogen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SunHydrogen's standard deviation. In reality, there are many statistical measures that can use SunHydrogen historical prices to predict the future SunHydrogen's volatility.| Risk Adjusted Performance | 0.064 | |||
| Jensen Alpha | 0.4306 | |||
| Total Risk Alpha | 0.6213 | |||
| Sortino Ratio | 0.0733 | |||
| Treynor Ratio | (1.93) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SunHydrogen'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.
SunHydrogen Backtested Returns
SunHydrogen appears to be out of control, given 3 months investment horizon. SunHydrogen owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.04, which indicates the firm had a 0.04 % return per unit of risk over the last 3 months. We have found thirty technical indicators for SunHydrogen, which you can use to evaluate the volatility of the company. Please review SunHydrogen's Risk Adjusted Performance of 0.064, semi deviation of 4.03, and Coefficient Of Variation of 1332.78 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SunHydrogen holds a performance score of 3. The entity has a beta of -0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SunHydrogen are expected to decrease at a much lower rate. During the bear market, SunHydrogen is likely to outperform the market. Please check SunHydrogen's maximum drawdown, as well as the relationship between the skewness and day typical price , to make a quick decision on whether SunHydrogen's existing price patterns will revert.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
SunHydrogen has almost perfect reverse predictability. Overlapping area represents the amount of predictability between SunHydrogen time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd of March 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 SunHydrogen price movement. The serial correlation of -0.78 indicates that around 78.0% of current SunHydrogen price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SunHydrogen lagged returns against current returns
Autocorrelation, which is SunHydrogen 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 SunHydrogen's pink sheet expected returns. We can calculate the autocorrelation of SunHydrogen returns to help us make a trade decision. For example, suppose you find that SunHydrogen 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 |
SunHydrogen 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 SunHydrogen pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SunHydrogen pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SunHydrogen pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SunHydrogen Lagged Returns
When evaluating SunHydrogen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SunHydrogen pink sheet have on its future price. SunHydrogen 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, SunHydrogen autocorrelation shows the relationship between SunHydrogen pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SunHydrogen.
Regressed Prices |
| Timeline |
Pair Trading with SunHydrogen
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SunHydrogen position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SunHydrogen will appreciate offsetting losses from the drop in the long position's value.Moving against SunHydrogen Pink Sheet
| 0.69 | SMTGF | SMA Solar Technology | PairCorr |
| 0.61 | CHHE | China Health Industries | PairCorr |
| 0.47 | EPGG | Empire Global Gaming | PairCorr |
| 0.4 | GCPEF | GCL Poly Energy | PairCorr |
| 0.38 | ENPH | Enphase Energy Downward Rally | PairCorr |
The ability to find closely correlated positions to SunHydrogen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SunHydrogen when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SunHydrogen - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SunHydrogen to buy it.
The correlation of SunHydrogen is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SunHydrogen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SunHydrogen moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SunHydrogen can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for SunHydrogen Pink Sheet Analysis
When running SunHydrogen's price analysis, check to measure SunHydrogen'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 SunHydrogen is operating at the current time. Most of SunHydrogen's value examination focuses on studying past and present price action to predict the probability of SunHydrogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SunHydrogen's price. Additionally, you may evaluate how the addition of SunHydrogen to your portfolios can decrease your overall portfolio volatility.