Fuelpositive Corp Stock Market Value
| NHHH Stock | CAD 0.04 0.00 0.00% |
| Symbol | FuelPositive |
FuelPositive Corp Price To Book Ratio
FuelPositive Corp '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 FuelPositive Corp'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 FuelPositive Corp.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in FuelPositive Corp on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding FuelPositive Corp or generate 0.0% return on investment in FuelPositive Corp over 90 days. FuelPositive Corporation, a development stage company, focuses on providing electrical energy storage and related capaci... More
FuelPositive Corp 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 FuelPositive Corp'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 FuelPositive Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 16.21 | |||
| Information Ratio | 0.0804 | |||
| Maximum Drawdown | 36.67 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 16.67 |
FuelPositive Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FuelPositive Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FuelPositive Corp's standard deviation. In reality, there are many statistical measures that can use FuelPositive Corp historical prices to predict the future FuelPositive Corp's volatility.| Risk Adjusted Performance | 0.068 | |||
| Jensen Alpha | 0.2996 | |||
| Total Risk Alpha | 1.51 | |||
| Sortino Ratio | 0.0391 | |||
| Treynor Ratio | (0.25) |
FuelPositive Corp Backtested Returns
FuelPositive Corp appears to be out of control, given 3 months investment horizon. FuelPositive Corp secures Sharpe Ratio (or Efficiency) of 0.0695, which denotes the company had a 0.0695 % return per unit of risk over the last 3 months. By reviewing FuelPositive Corp's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize FuelPositive Corp's Coefficient Of Variation of 1473.65, downside deviation of 16.21, and Mean Deviation of 4.11 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, FuelPositive Corp holds a performance score of 5. The firm shows a Beta (market volatility) of -2.06, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning FuelPositive Corp are expected to decrease by larger amounts. On the other hand, during market turmoil, FuelPositive Corp is expected to outperform it. Please check FuelPositive Corp's information ratio, total risk alpha, and the relationship between the variance and jensen alpha , to make a quick decision on whether FuelPositive Corp's price patterns will revert.
Auto-correlation | -0.2 |
Insignificant reverse predictability
FuelPositive Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between FuelPositive Corp 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 FuelPositive Corp price movement. The serial correlation of -0.2 indicates that over 20.0% of current FuelPositive Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FuelPositive Corp lagged returns against current returns
Autocorrelation, which is FuelPositive Corp 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 FuelPositive Corp's stock expected returns. We can calculate the autocorrelation of FuelPositive Corp returns to help us make a trade decision. For example, suppose you find that FuelPositive Corp 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 |
FuelPositive Corp 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 FuelPositive Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FuelPositive Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FuelPositive Corp stock over time.
Current vs Lagged Prices |
| Timeline |
FuelPositive Corp Lagged Returns
When evaluating FuelPositive Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FuelPositive Corp stock have on its future price. FuelPositive Corp 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, FuelPositive Corp autocorrelation shows the relationship between FuelPositive Corp stock current value and its past values and can show if there is a momentum factor associated with investing in FuelPositive Corp.
Regressed Prices |
| Timeline |
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Additional Tools for FuelPositive Stock Analysis
When running FuelPositive Corp's price analysis, check to measure FuelPositive Corp's 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 FuelPositive Corp is operating at the current time. Most of FuelPositive Corp's value examination focuses on studying past and present price action to predict the probability of FuelPositive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FuelPositive Corp's price. Additionally, you may evaluate how the addition of FuelPositive Corp to your portfolios can decrease your overall portfolio volatility.