Hercules Metals Corp Stock Market Value
| BIG Stock | CAD 0.75 0.01 1.32% |
| Symbol | Hercules |
Hercules Metals '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 Hercules Metals' 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 Hercules Metals.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Hercules Metals on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Hercules Metals Corp or generate 0.0% return on investment in Hercules Metals over 90 days. Hercules Metals is related to or competes with Magna Mining, Mako Mining, High Liner, Flow Beverage, Firan Technology, Bird Construction, and Air Canada. Bald Eagle Gold Corp, a junior mining company, engages in the acquisition, exploration, and development of resource prop... More
Hercules Metals 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 Hercules Metals' 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 Hercules Metals Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.38 | |||
| Information Ratio | 0.1121 | |||
| Maximum Drawdown | 29.4 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 5.77 |
Hercules Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hercules Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hercules Metals' standard deviation. In reality, there are many statistical measures that can use Hercules Metals historical prices to predict the future Hercules Metals' volatility.| Risk Adjusted Performance | 0.0863 | |||
| Jensen Alpha | 0.3436 | |||
| Total Risk Alpha | 0.9513 | |||
| Sortino Ratio | 0.1482 | |||
| Treynor Ratio | (0.89) |
Hercules Metals Corp Backtested Returns
Hercules Metals appears to be abnormally volatile, given 3 months investment horizon. Hercules Metals Corp holds Efficiency (Sharpe) Ratio of 0.0899, which attests that the entity had a 0.0899 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hercules Metals Corp, which you can use to evaluate the volatility of the firm. Please utilize Hercules Metals' Market Risk Adjusted Performance of (0.88), downside deviation of 3.38, and Risk Adjusted Performance of 0.0863 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hercules Metals holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of -0.44, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Hercules Metals are expected to decrease at a much lower rate. During the bear market, Hercules Metals is likely to outperform the market. Please check Hercules Metals' treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Hercules Metals' current trending patterns will revert.
Auto-correlation | -0.05 |
Very weak reverse predictability
Hercules Metals Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between Hercules Metals time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Hercules Metals Corp price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Hercules Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hercules Metals Corp lagged returns against current returns
Autocorrelation, which is Hercules Metals 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 Hercules Metals' stock expected returns. We can calculate the autocorrelation of Hercules Metals returns to help us make a trade decision. For example, suppose you find that Hercules Metals 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 |
Hercules Metals 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 Hercules Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hercules Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hercules Metals stock over time.
Current vs Lagged Prices |
| Timeline |
Hercules Metals Lagged Returns
When evaluating Hercules Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hercules Metals stock have on its future price. Hercules Metals 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, Hercules Metals autocorrelation shows the relationship between Hercules Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Hercules Metals Corp.
Regressed Prices |
| Timeline |
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Additional Tools for Hercules Stock Analysis
When running Hercules Metals' price analysis, check to measure Hercules Metals' 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 Hercules Metals is operating at the current time. Most of Hercules Metals' value examination focuses on studying past and present price action to predict the probability of Hercules Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hercules Metals' price. Additionally, you may evaluate how the addition of Hercules Metals to your portfolios can decrease your overall portfolio volatility.