Humbl Inc Stock Market Value
| HMBL Stock | USD 0.0009 0.00 0.00% |
| Symbol | Humbl |
Humbl '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 Humbl'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 Humbl.
| 11/07/2024 |
| 01/06/2025 |
If you would invest 0.00 in Humbl on November 7, 2024 and sell it all today you would earn a total of 0.00 from holding Humbl Inc or generate 0.0% return on investment in Humbl over 60 days. Humbl is related to or competes with HeartCore Enterprises, Trust Stamp, Quhuo, CXApp, Freight Technologies, and Infobird. HUMBL, Inc., a digital commerce platform, connects consumers, freelancers and merchants in the digital economy worldwide More
Humbl 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 Humbl'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 Humbl Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 27.98 | |||
| Information Ratio | 0.1824 | |||
| Maximum Drawdown | 167.61 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
Humbl Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Humbl's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Humbl's standard deviation. In reality, there are many statistical measures that can use Humbl historical prices to predict the future Humbl's volatility.| Risk Adjusted Performance | 0.1583 | |||
| Jensen Alpha | 6.11 | |||
| Total Risk Alpha | 5.62 | |||
| Sortino Ratio | 0.2188 | |||
| Treynor Ratio | 2.93 |
Humbl Inc Backtested Returns
Humbl is out of control given 3 months investment horizon. Humbl Inc holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. We have analyzed twenty-seven different technical indicators, which can help you to evaluate if expected returns of 6.14% are justified by taking the suggested risk. Use Humbl Inc Market Risk Adjusted Performance of 2.94, downside deviation of 27.98, and Risk Adjusted Performance of 0.1583 to evaluate company specific risk that cannot be diversified away. Humbl holds a performance score of 14 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 2.09, 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, Humbl will likely underperform. Use Humbl Inc sortino ratio and the relationship between the potential upside and day median price , to analyze future returns on Humbl Inc.
Auto-correlation | -0.21 |
Weak reverse predictability
Humbl Inc has weak reverse predictability. Overlapping area represents the amount of predictability between Humbl time series from 7th of November 2024 to 7th of December 2024 and 7th of December 2024 to 6th of January 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 Humbl Inc price movement. The serial correlation of -0.21 indicates that over 21.0% of current Humbl price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Humbl Inc lagged returns against current returns
Autocorrelation, which is Humbl 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 Humbl's otc stock expected returns. We can calculate the autocorrelation of Humbl returns to help us make a trade decision. For example, suppose you find that Humbl 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 |
Humbl 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 Humbl otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Humbl otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Humbl otc stock over time.
Current vs Lagged Prices |
| Timeline |
Humbl Lagged Returns
When evaluating Humbl's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Humbl otc stock have on its future price. Humbl 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, Humbl autocorrelation shows the relationship between Humbl otc stock current value and its past values and can show if there is a momentum factor associated with investing in Humbl Inc.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in Humbl OTC Stock
Humbl financial ratios help investors to determine whether Humbl 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 Humbl with respect to the benefits of owning Humbl security.