Headsup Entertainment International Stock Market Value
| HDUP Stock | USD 0.01 0.0005 7.69% |
| Symbol | HeadsUp |
HeadsUp Entertainment '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 HeadsUp Entertainment's pink sheet 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 HeadsUp Entertainment.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in HeadsUp Entertainment on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding HeadsUp Entertainment International or generate 0.0% return on investment in HeadsUp Entertainment over 90 days. HeadsUp Entertainment is related to or competes with Pop Culture, Celtic Plc, and OverActive Media. HeadsUp Entertainment International Inc. operates as a gaming and media company in Canada More
HeadsUp Entertainment 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 HeadsUp Entertainment's pink sheet 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 HeadsUp Entertainment International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 16.76 | |||
| Information Ratio | 0.0837 | |||
| Maximum Drawdown | 130.0 | |||
| Value At Risk | (22.48) | |||
| Potential Upside | 17.27 |
HeadsUp Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HeadsUp Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HeadsUp Entertainment's standard deviation. In reality, there are many statistical measures that can use HeadsUp Entertainment historical prices to predict the future HeadsUp Entertainment's volatility.| Risk Adjusted Performance | 0.0797 | |||
| Jensen Alpha | 0.8811 | |||
| Total Risk Alpha | (1.30) | |||
| Sortino Ratio | 0.0856 | |||
| Treynor Ratio | 0.2925 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HeadsUp Entertainment's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
HeadsUp Entertainment Backtested Returns
HeadsUp Entertainment appears to be out of control, given 3 months investment horizon. HeadsUp Entertainment holds Efficiency (Sharpe) Ratio of 0.0405, which attests that the entity had a 0.0405% return per unit of standard deviation over the last 3 months. By evaluating HeadsUp Entertainment's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please utilize HeadsUp Entertainment's risk adjusted performance of 0.0797, and Market Risk Adjusted Performance of 0.3025 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, HeadsUp Entertainment holds a performance score of 3. The company retains a Market Volatility (i.e., Beta) of 5.34, 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, HeadsUp Entertainment will likely underperform. Please check HeadsUp Entertainment's coefficient of variation and the relationship between the treynor ratio and rate of daily change , to make a quick decision on whether HeadsUp Entertainment's current trending patterns will revert.
Auto-correlation | -0.2 |
Insignificant reverse predictability
HeadsUp Entertainment International has insignificant reverse predictability. Overlapping area represents the amount of predictability between HeadsUp Entertainment time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd 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 HeadsUp Entertainment price movement. The serial correlation of -0.2 indicates that over 20.0% of current HeadsUp Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
HeadsUp Entertainment lagged returns against current returns
Autocorrelation, which is HeadsUp Entertainment pink sheet'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 HeadsUp Entertainment's pink sheet expected returns. We can calculate the autocorrelation of HeadsUp Entertainment returns to help us make a trade decision. For example, suppose you find that HeadsUp Entertainment has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
HeadsUp Entertainment 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 HeadsUp Entertainment pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HeadsUp Entertainment pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HeadsUp Entertainment pink sheet over time.
Current vs Lagged Prices |
| Timeline |
HeadsUp Entertainment Lagged Returns
When evaluating HeadsUp Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HeadsUp Entertainment pink sheet have on its future price. HeadsUp Entertainment 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, HeadsUp Entertainment autocorrelation shows the relationship between HeadsUp Entertainment pink sheet current value and its past values and can show if there is a momentum factor associated with investing in HeadsUp Entertainment International.
Regressed Prices |
| Timeline |
Pair Trading with HeadsUp Entertainment
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 HeadsUp Entertainment 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 HeadsUp Entertainment will appreciate offsetting losses from the drop in the long position's value.Moving against HeadsUp Pink Sheet
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| 0.56 | HNRC | Houston Natural Resources | PairCorr |
The ability to find closely correlated positions to HeadsUp Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HeadsUp Entertainment 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 HeadsUp Entertainment - 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 HeadsUp Entertainment International to buy it.
The correlation of HeadsUp Entertainment 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 HeadsUp Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HeadsUp Entertainment 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 HeadsUp Entertainment 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.Additional Tools for HeadsUp Pink Sheet Analysis
When running HeadsUp Entertainment's price analysis, check to measure HeadsUp Entertainment'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 HeadsUp Entertainment is operating at the current time. Most of HeadsUp Entertainment's value examination focuses on studying past and present price action to predict the probability of HeadsUp Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HeadsUp Entertainment's price. Additionally, you may evaluate how the addition of HeadsUp Entertainment to your portfolios can decrease your overall portfolio volatility.