Helios Fairfax Partners Stock Market Value
| HFPC-U Stock | USD 2.17 0.05 2.36% |
| Symbol | Helios |
Helios Fairfax '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 Helios Fairfax'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 Helios Fairfax.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Helios Fairfax on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Helios Fairfax Partners or generate 0.0% return on investment in Helios Fairfax over 90 days. Helios Fairfax is related to or competes with Wilmington Capital, Storage Vault, Renoworks Software, Manulife Financial, Financial, Data Communications, and CoinSmart Financial. Helios Fairfax Partners Corporation, an investment holding company, engages in the investment activities in Africa More
Helios Fairfax 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 Helios Fairfax'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 Helios Fairfax Partners upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 26.84 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 4.78 |
Helios Fairfax Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Helios Fairfax's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Helios Fairfax's standard deviation. In reality, there are many statistical measures that can use Helios Fairfax historical prices to predict the future Helios Fairfax's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | 0.3048 | |||
| Treynor Ratio | (0.43) |
Helios Fairfax Partners Backtested Returns
Helios Fairfax Partners holds Efficiency (Sharpe) Ratio of -0.0598, which attests that the entity had a -0.0598 % return per unit of risk over the last 3 months. Helios Fairfax Partners exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Helios Fairfax's Standard Deviation of 4.38, market risk adjusted performance of (0.42), and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.56, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Helios Fairfax's returns are expected to increase less than the market. However, during the bear market, the loss of holding Helios Fairfax is expected to be smaller as well. At this point, Helios Fairfax Partners has a negative expected return of -0.27%. Please make sure to check out Helios Fairfax's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Helios Fairfax Partners performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.3 |
Weak reverse predictability
Helios Fairfax Partners has weak reverse predictability. Overlapping area represents the amount of predictability between Helios Fairfax time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Helios Fairfax Partners price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Helios Fairfax price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Helios Fairfax Partners lagged returns against current returns
Autocorrelation, which is Helios Fairfax 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 Helios Fairfax's stock expected returns. We can calculate the autocorrelation of Helios Fairfax returns to help us make a trade decision. For example, suppose you find that Helios Fairfax 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 |
Helios Fairfax 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 Helios Fairfax stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Helios Fairfax stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Helios Fairfax stock over time.
Current vs Lagged Prices |
| Timeline |
Helios Fairfax Lagged Returns
When evaluating Helios Fairfax's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Helios Fairfax stock have on its future price. Helios Fairfax 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, Helios Fairfax autocorrelation shows the relationship between Helios Fairfax stock current value and its past values and can show if there is a momentum factor associated with investing in Helios Fairfax Partners.
Regressed Prices |
| Timeline |
Pair Trading with Helios Fairfax
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 Helios Fairfax 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 Helios Fairfax will appreciate offsetting losses from the drop in the long position's value.Moving together with Helios Stock
The ability to find closely correlated positions to Helios Fairfax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Helios Fairfax 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 Helios Fairfax - 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 Helios Fairfax Partners to buy it.
The correlation of Helios Fairfax 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 Helios Fairfax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Helios Fairfax Partners 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 Helios Fairfax 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.Other Information on Investing in Helios Stock
Helios Fairfax financial ratios help investors to determine whether Helios 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 Helios with respect to the benefits of owning Helios Fairfax security.