Huntsman Exploration Stock Market Value
| BBBMF Stock | USD 0.04 0.00 0.00% |
| Symbol | Huntsman |
Huntsman Exploration '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 Huntsman Exploration'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 Huntsman Exploration.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Huntsman Exploration on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Huntsman Exploration or generate 0.0% return on investment in Huntsman Exploration over 540 days. Huntsman Exploration is related to or competes with Liontown Resources, ATT, Merck, Disney, Caterpillar, Procter Gamble, and JPMorgan Chase. Huntsman Exploration Inc., an exploration stage company, engages in the identification, evaluation, and acquisition of m... More
Huntsman Exploration 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 Huntsman Exploration'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 Huntsman Exploration upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1086 | |||
| Maximum Drawdown | 667.47 |
Huntsman Exploration Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Huntsman Exploration's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Huntsman Exploration's standard deviation. In reality, there are many statistical measures that can use Huntsman Exploration historical prices to predict the future Huntsman Exploration's volatility.| Risk Adjusted Performance | 0.0944 | |||
| Jensen Alpha | 7.51 | |||
| Total Risk Alpha | (3.04) | |||
| Treynor Ratio | 1.22 |
Huntsman Exploration Backtested Returns
Huntsman Exploration is out of control given 3 months investment horizon. Huntsman Exploration holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have collected data for sixteen different technical indicators, which can help you to evaluate if expected returns of 8.7% are justified by taking the suggested risk. Use Huntsman Exploration Risk Adjusted Performance of 0.0944, market risk adjusted performance of 1.23, and Standard Deviation of 75.28 to evaluate company specific risk that cannot be diversified away. Huntsman Exploration holds a performance score of 8 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 6.81, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Huntsman Exploration will likely underperform. Use Huntsman Exploration variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and rate of daily change , to analyze future returns on Huntsman Exploration.
Auto-correlation | -0.33 |
Poor reverse predictability
Huntsman Exploration has poor reverse predictability. Overlapping area represents the amount of predictability between Huntsman Exploration time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Huntsman Exploration price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Huntsman Exploration price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Huntsman Exploration lagged returns against current returns
Autocorrelation, which is Huntsman Exploration 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 Huntsman Exploration's pink sheet expected returns. We can calculate the autocorrelation of Huntsman Exploration returns to help us make a trade decision. For example, suppose you find that Huntsman Exploration 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 |
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Huntsman Exploration 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 Huntsman Exploration pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Huntsman Exploration pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Huntsman Exploration pink sheet over time.
Current vs Lagged Prices |
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Huntsman Exploration Lagged Returns
When evaluating Huntsman Exploration's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Huntsman Exploration pink sheet have on its future price. Huntsman Exploration 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, Huntsman Exploration autocorrelation shows the relationship between Huntsman Exploration pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Huntsman Exploration.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Huntsman Pink Sheet
Huntsman Exploration financial ratios help investors to determine whether Huntsman 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 Huntsman with respect to the benefits of owning Huntsman Exploration security.