Hallador Energy Stock Market Value
| HNRG Stock | USD 12.25 0.01 0.08% |
| Symbol | Hallador |
Hallador Energy Price To Book Ratio
Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hallador Energy. If investors know Hallador will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hallador Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.92) | Earnings Share (0.58) | Revenue Per Share 11.555 | Quarterly Revenue Growth (0.37) | Return On Assets (0.01) |
The market value of Hallador Energy is measured differently than its book value, which is the value of Hallador that is recorded on the company's balance sheet. Investors also form their own opinion of Hallador Energy's value that differs from its market value or its book value, called intrinsic value, which is Hallador Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hallador Energy's market value can be influenced by many factors that don't directly affect Hallador Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hallador Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hallador Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hallador Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Hallador Energy '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 Hallador Energy'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 Hallador Energy.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Hallador Energy on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Hallador Energy or generate 0.0% return on investment in Hallador Energy over 30 days. Hallador Energy is related to or competes with Natural Resource, Consol Energy, Adaro Energy, Alliance Resource, NACCO Industries, Indo Tambangraya, and Peabody Energy. Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for t... More
Hallador Energy 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 Hallador Energy'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 Hallador Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.52 | |||
| Information Ratio | 0.1863 | |||
| Maximum Drawdown | 30.14 | |||
| Value At Risk | (5.09) | |||
| Potential Upside | 10.23 |
Hallador Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hallador Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hallador Energy's standard deviation. In reality, there are many statistical measures that can use Hallador Energy historical prices to predict the future Hallador Energy's volatility.| Risk Adjusted Performance | 0.1689 | |||
| Jensen Alpha | 0.8901 | |||
| Total Risk Alpha | 0.2807 | |||
| Sortino Ratio | 0.2945 | |||
| Treynor Ratio | 0.5203 |
Hallador Energy Backtested Returns
Hallador Energy is slightly risky given 3 months investment horizon. Hallador Energy holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.1% are justified by taking the suggested risk. Use Hallador Energy Downside Deviation of 3.52, market risk adjusted performance of 0.5303, and Risk Adjusted Performance of 0.1689 to evaluate company specific risk that cannot be diversified away. Hallador Energy holds a performance score of 15 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 2.23, 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, Hallador Energy will likely underperform. Use Hallador Energy sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to analyze future returns on Hallador Energy.
Auto-correlation | -0.21 |
Weak reverse predictability
Hallador Energy has weak reverse predictability. Overlapping area represents the amount of predictability between Hallador Energy time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Hallador Energy price movement. The serial correlation of -0.21 indicates that over 21.0% of current Hallador Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Hallador Energy lagged returns against current returns
Autocorrelation, which is Hallador Energy 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 Hallador Energy's stock expected returns. We can calculate the autocorrelation of Hallador Energy returns to help us make a trade decision. For example, suppose you find that Hallador Energy 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 |
Hallador Energy 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 Hallador Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hallador Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hallador Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Hallador Energy Lagged Returns
When evaluating Hallador Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hallador Energy stock have on its future price. Hallador Energy 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, Hallador Energy autocorrelation shows the relationship between Hallador Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Hallador Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Hallador Energy is a strong investment it is important to analyze Hallador Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hallador Energy's future performance. For an informed investment choice regarding Hallador Stock, refer to the following important reports:Check out Hallador Energy Correlation, Hallador Energy Volatility and Hallador Energy Alpha and Beta module to complement your research on Hallador Energy. For more detail on how to invest in Hallador Stock please use our How to Invest in Hallador Energy guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Hallador Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.