Africa Energy Corp Stock Market Value
| HPMCF Stock | USD 0.02 0 16.67% |
| Symbol | Africa |
Africa 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 Africa Energy'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 Africa Energy.
| 09/18/2024 |
| 12/17/2024 |
If you would invest 0.00 in Africa Energy on September 18, 2024 and sell it all today you would earn a total of 0.00 from holding Africa Energy Corp or generate 0.0% return on investment in Africa Energy over 90 days. Africa Energy is related to or competes with POSCO Holdings, Schweizerische Nationalbank, Berkshire Hathaway, Berkshire Hathaway, Hyundai, NAVER Corp, and KB Financial. Africa Energy Corp. operates as an oil and gas exploration and production company in South Africa and Namibia More
Africa 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 Africa Energy'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 Africa Energy Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.44 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 48.33 | |||
| Value At Risk | (8.70) | |||
| Potential Upside | 11.76 |
Africa Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Africa Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Africa Energy's standard deviation. In reality, there are many statistical measures that can use Africa Energy historical prices to predict the future Africa Energy's volatility.| Risk Adjusted Performance | 0.0172 | |||
| Jensen Alpha | 0.1198 | |||
| Total Risk Alpha | (0.58) | |||
| Sortino Ratio | (0.0008) | |||
| Treynor Ratio | (0.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Africa Energy'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.
Africa Energy Corp Backtested Returns
At this point, Africa Energy is out of control. Africa Energy Corp secures Sharpe Ratio (or Efficiency) of 0.0119, which signifies that the company had a 0.0119% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Africa Energy Corp, which you can use to evaluate the volatility of the firm. Please confirm Africa Energy's Downside Deviation of 17.44, risk adjusted performance of 0.0172, and Mean Deviation of 2.43 to double-check if the risk estimate we provide is consistent with the expected return of 0.0755%. The firm shows a Beta (market volatility) of -0.77, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Africa Energy are expected to decrease at a much lower rate. During the bear market, Africa Energy is likely to outperform the market. Africa Energy Corp right now shows a risk of 6.33%. Please confirm Africa Energy Corp treynor ratio, expected short fall, day typical price, as well as the relationship between the potential upside and daily balance of power , to decide if Africa Energy Corp will be following its price patterns.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Africa Energy Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Africa Energy time series from 18th of September 2024 to 2nd of November 2024 and 2nd of November 2024 to 17th 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 Africa Energy Corp price movement. The serial correlation of -0.19 indicates that over 19.0% of current Africa Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Africa Energy Corp lagged returns against current returns
Autocorrelation, which is Africa Energy 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 Africa Energy's pink sheet expected returns. We can calculate the autocorrelation of Africa Energy returns to help us make a trade decision. For example, suppose you find that Africa Energy 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 |
Africa 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 Africa Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Africa Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Africa Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Africa Energy Lagged Returns
When evaluating Africa Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Africa Energy pink sheet have on its future price. Africa 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, Africa Energy autocorrelation shows the relationship between Africa Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Africa Energy Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Africa Pink Sheet
Africa Energy financial ratios help investors to determine whether Africa Pink Sheet 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 Africa with respect to the benefits of owning Africa Energy security.