Honey Badger Silver Stock Market Value
| TUF Stock | CAD 0.12 0.01 9.09% |
| Symbol | Honey |
Honey Badger Silver Price To Book Ratio
Honey Badger '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 Honey Badger'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 Honey Badger.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Honey Badger on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Honey Badger Silver or generate 0.0% return on investment in Honey Badger over 30 days. Honey Badger Exploration Inc. acquires, explores for, and develops metal properties in Canada More
Honey Badger 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 Honey Badger'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 Honey Badger Silver upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.0 | |||
| Information Ratio | 0.0978 | |||
| Maximum Drawdown | 38.87 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 14.29 |
Honey Badger Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Honey Badger's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Honey Badger's standard deviation. In reality, there are many statistical measures that can use Honey Badger historical prices to predict the future Honey Badger's volatility.| Risk Adjusted Performance | 0.0968 | |||
| Jensen Alpha | 0.972 | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | 0.079 | |||
| Treynor Ratio | (2.13) |
Honey Badger Silver Backtested Returns
Honey Badger appears to be out of control, given 3 months investment horizon. Honey Badger Silver holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. By evaluating Honey Badger's technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please utilize Honey Badger's Market Risk Adjusted Performance of (2.12), risk adjusted performance of 0.0968, and Downside Deviation of 10.0 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Honey Badger holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of -0.43, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Honey Badger are expected to decrease at a much lower rate. During the bear market, Honey Badger is likely to outperform the market. Please check Honey Badger's maximum drawdown and the relationship between the semi variance and price action indicator , to make a quick decision on whether Honey Badger's current trending patterns will revert.
Auto-correlation | 0.25 |
Poor predictability
Honey Badger Silver has poor predictability. Overlapping area represents the amount of predictability between Honey Badger time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Honey Badger Silver price movement. The serial correlation of 0.25 indicates that over 25.0% of current Honey Badger price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Honey Badger Silver lagged returns against current returns
Autocorrelation, which is Honey Badger 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 Honey Badger's stock expected returns. We can calculate the autocorrelation of Honey Badger returns to help us make a trade decision. For example, suppose you find that Honey Badger 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 |
Honey Badger 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 Honey Badger stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Honey Badger stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Honey Badger stock over time.
Current vs Lagged Prices |
| Timeline |
Honey Badger Lagged Returns
When evaluating Honey Badger's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Honey Badger stock have on its future price. Honey Badger 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, Honey Badger autocorrelation shows the relationship between Honey Badger stock current value and its past values and can show if there is a momentum factor associated with investing in Honey Badger Silver.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Honey Stock Analysis
When running Honey Badger's price analysis, check to measure Honey Badger'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 Honey Badger is operating at the current time. Most of Honey Badger's value examination focuses on studying past and present price action to predict the probability of Honey Badger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honey Badger's price. Additionally, you may evaluate how the addition of Honey Badger to your portfolios can decrease your overall portfolio volatility.