Helium One (UK) Market Value
| HE1 Stock | 0.99 0.02 2.06% |
| Symbol | Helium |
Helium One '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 Helium One'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 Helium One.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Helium One on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Helium One Global or generate 0.0% return on investment in Helium One over 30 days. Helium One is related to or competes with L3Harris Technologies, Allianz Technology, DXC Technology, Check Point, FC Investment, and Herald Investment. Helium One is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Helium One 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 Helium One'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 Helium One Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.15 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 24.43 | |||
| Value At Risk | (6.60) | |||
| Potential Upside | 6.98 |
Helium One Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Helium One's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Helium One's standard deviation. In reality, there are many statistical measures that can use Helium One historical prices to predict the future Helium One's volatility.| Risk Adjusted Performance | 0.0101 | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.72) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 3.0E-4 |
Helium One Global Backtested Returns
At this point, Helium One is extremely dangerous. Helium One Global holds Efficiency (Sharpe) Ratio of 0.0056, which attests that the entity had a 0.0056% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Helium One Global, which you can use to evaluate the volatility of the firm. Please check out Helium One's Risk Adjusted Performance of 0.0101, market risk adjusted performance of 0.0103, and Downside Deviation of 4.15 to validate if the risk estimate we provide is consistent with the expected return of 0.0258%. The company retains a Market Volatility (i.e., Beta) of 1.72, 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, Helium One will likely underperform. Helium One Global right now retains a risk of 4.62%. Please check out Helium One total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Helium One will be following its current trending patterns.
Auto-correlation | 0.24 |
Weak predictability
Helium One Global has weak predictability. Overlapping area represents the amount of predictability between Helium One time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Helium One Global price movement. The serial correlation of 0.24 indicates that over 24.0% of current Helium One price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Helium One Global lagged returns against current returns
Autocorrelation, which is Helium One 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 Helium One's stock expected returns. We can calculate the autocorrelation of Helium One returns to help us make a trade decision. For example, suppose you find that Helium One 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 |
Helium One 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 Helium One stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Helium One stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Helium One stock over time.
Current vs Lagged Prices |
| Timeline |
Helium One Lagged Returns
When evaluating Helium One's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Helium One stock have on its future price. Helium One 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, Helium One autocorrelation shows the relationship between Helium One stock current value and its past values and can show if there is a momentum factor associated with investing in Helium One Global.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Helium Stock
Helium One financial ratios help investors to determine whether Helium 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 Helium with respect to the benefits of owning Helium One security.