Total Helium Stock Market Value
| TOH Stock | 0.01 0.00 0.00% |
| Symbol | Total |
Total Helium Price To Book Ratio
Total Helium '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 Total Helium'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 Total Helium.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Total Helium on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Total Helium or generate 0.0% return on investment in Total Helium over 30 days. Total Helium is related to or competes with Canaf Investments, Element Fleet, Brookfield Asset, and CNJ Capital. Total Helium is entity of Canada. It is traded as Stock on V exchange. More
Total Helium 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 Total Helium'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 Total Helium upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 25.32 | |||
| Information Ratio | 0.0253 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 |
Total Helium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Total Helium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Total Helium's standard deviation. In reality, there are many statistical measures that can use Total Helium historical prices to predict the future Total Helium's volatility.| Risk Adjusted Performance | 0.0341 | |||
| Jensen Alpha | 0.846 | |||
| Total Risk Alpha | (1.71) | |||
| Sortino Ratio | 0.0165 | |||
| Treynor Ratio | (0.17) |
Total Helium Backtested Returns
Total Helium appears to be out of control, given 3 months investment horizon. Total Helium owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0491, which indicates the firm had a 0.0491% return per unit of risk over the last 3 months. By inspecting Total Helium's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please review Total Helium's Coefficient Of Variation of 3107.93, semi deviation of 11.3, and Risk Adjusted Performance of 0.0341 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Total Helium holds a performance score of 3. The entity has a beta of -3.15, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Total Helium are expected to decrease by larger amounts. On the other hand, during market turmoil, Total Helium is expected to outperform it. Please check Total Helium's potential upside, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Total Helium's existing price patterns will revert.
Auto-correlation | -0.3 |
Weak reverse predictability
Total Helium has weak reverse predictability. Overlapping area represents the amount of predictability between Total Helium time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th of December 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 Total Helium price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Total Helium price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Total Helium lagged returns against current returns
Autocorrelation, which is Total Helium 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 Total Helium's stock expected returns. We can calculate the autocorrelation of Total Helium returns to help us make a trade decision. For example, suppose you find that Total Helium 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 |
Total Helium 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 Total Helium stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Total Helium stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Total Helium stock over time.
Current vs Lagged Prices |
| Timeline |
Total Helium Lagged Returns
When evaluating Total Helium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Total Helium stock have on its future price. Total Helium 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, Total Helium autocorrelation shows the relationship between Total Helium stock current value and its past values and can show if there is a momentum factor associated with investing in Total Helium.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Total Stock Analysis
When running Total Helium's price analysis, check to measure Total Helium'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 Total Helium is operating at the current time. Most of Total Helium's value examination focuses on studying past and present price action to predict the probability of Total Helium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Total Helium's price. Additionally, you may evaluate how the addition of Total Helium to your portfolios can decrease your overall portfolio volatility.