Fuelpositive Corp Stock Market Value
| NHHHF Stock | USD 0.02 0.00 0.00% |
| Symbol | FuelPositive |
FuelPositive Corp '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 FuelPositive Corp's otc 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 FuelPositive Corp.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in FuelPositive Corp on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding FuelPositive Corp or generate 0.0% return on investment in FuelPositive Corp over 30 days. FuelPositive Corp is related to or competes with FREYR Battery, NVent Electric, Hubbell, Advanced Energy, Vertiv Holdings, Energizer Holdings, and NeoVolta Common. FuelPositive Corporation operates as a technology company that provides clean energy solutions More
FuelPositive Corp 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 FuelPositive Corp's otc 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 FuelPositive Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 31.62 | |||
| Information Ratio | 0.0254 | |||
| Maximum Drawdown | 83.33 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 21.95 |
FuelPositive Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FuelPositive Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FuelPositive Corp's standard deviation. In reality, there are many statistical measures that can use FuelPositive Corp historical prices to predict the future FuelPositive Corp's volatility.| Risk Adjusted Performance | 0.0344 | |||
| Jensen Alpha | 0.8567 | |||
| Total Risk Alpha | (1.49) | |||
| Sortino Ratio | 0.0122 | |||
| Treynor Ratio | (0.13) |
FuelPositive Corp Backtested Returns
FuelPositive Corp appears to be out of control, given 3 months investment horizon. FuelPositive Corp secures Sharpe Ratio (or Efficiency) of 0.0607, which denotes the company had a 0.0607% return per unit of risk over the last 3 months. By reviewing FuelPositive Corp's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please utilize FuelPositive Corp's Downside Deviation of 31.62, mean deviation of 6.82, and Coefficient Of Variation of 3063.54 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, FuelPositive Corp holds a performance score of 4. The firm shows a Beta (market volatility) of -3.75, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning FuelPositive Corp are expected to decrease by larger amounts. On the other hand, during market turmoil, FuelPositive Corp is expected to outperform it. Please check FuelPositive Corp's value at risk, kurtosis, and the relationship between the sortino ratio and semi variance , to make a quick decision on whether FuelPositive Corp's price patterns will revert.
Auto-correlation | -0.32 |
Poor reverse predictability
FuelPositive Corp has poor reverse predictability. Overlapping area represents the amount of predictability between FuelPositive Corp time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 FuelPositive Corp price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current FuelPositive Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FuelPositive Corp lagged returns against current returns
Autocorrelation, which is FuelPositive Corp otc 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 FuelPositive Corp's otc stock expected returns. We can calculate the autocorrelation of FuelPositive Corp returns to help us make a trade decision. For example, suppose you find that FuelPositive Corp has exhibited high autocorrelation historically, and you observe that the otc 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 |
FuelPositive Corp 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 FuelPositive Corp otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FuelPositive Corp otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FuelPositive Corp otc stock over time.
Current vs Lagged Prices |
| Timeline |
FuelPositive Corp Lagged Returns
When evaluating FuelPositive Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FuelPositive Corp otc stock have on its future price. FuelPositive Corp 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, FuelPositive Corp autocorrelation shows the relationship between FuelPositive Corp otc stock current value and its past values and can show if there is a momentum factor associated with investing in FuelPositive Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in FuelPositive OTC Stock
FuelPositive Corp financial ratios help investors to determine whether FuelPositive OTC Stock 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 FuelPositive with respect to the benefits of owning FuelPositive Corp security.