Houston Natural Resources Stock Market Value
| HNRC Stock | USD 0.02 0 9.52% |
| Symbol | Houston |
Houston Natural '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 Houston Natural'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 Houston Natural.
| 08/13/2024 |
| 11/11/2024 |
If you would invest 0.00 in Houston Natural on August 13, 2024 and sell it all today you would earn a total of 0.00 from holding Houston Natural Resources or generate 0.0% return on investment in Houston Natural over 90 days. Houston Natural is related to or competes with LanzaTech Global, Aqua Metals, LiCycle Holdings, and Waste Management. Houston Natural Resources Corp., together with its subsidiaries, engages in the recycling and remediation of oil produce... More
Houston Natural 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 Houston Natural'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 Houston Natural Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.77 | |||
| Information Ratio | 0.1438 | |||
| Maximum Drawdown | 81.11 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 35.0 |
Houston Natural Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Houston Natural's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Houston Natural's standard deviation. In reality, there are many statistical measures that can use Houston Natural historical prices to predict the future Houston Natural's volatility.| Risk Adjusted Performance | 0.1272 | |||
| Jensen Alpha | 1.55 | |||
| Total Risk Alpha | (0.79) | |||
| Sortino Ratio | 0.1437 | |||
| Treynor Ratio | 0.4934 |
Houston Natural Resources Backtested Returns
Houston Natural is out of control given 3 months investment horizon. Houston Natural Resources holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.2% are justified by taking the suggested risk. Use Houston Natural Resources Market Risk Adjusted Performance of 0.5034, risk adjusted performance of 0.1272, and Downside Deviation of 14.77 to evaluate company specific risk that cannot be diversified away. Houston Natural holds a performance score of 11 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 4.62, 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, Houston Natural will likely underperform. Use Houston Natural Resources value at risk and the relationship between the expected short fall and market facilitation index , to analyze future returns on Houston Natural Resources.
Auto-correlation | 0.13 |
Insignificant predictability
Houston Natural Resources has insignificant predictability. Overlapping area represents the amount of predictability between Houston Natural time series from 13th of August 2024 to 27th of September 2024 and 27th of September 2024 to 11th of November 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 Houston Natural Resources price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Houston Natural price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Houston Natural Resources lagged returns against current returns
Autocorrelation, which is Houston Natural 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 Houston Natural's pink sheet expected returns. We can calculate the autocorrelation of Houston Natural returns to help us make a trade decision. For example, suppose you find that Houston Natural 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 |
Houston Natural 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 Houston Natural pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Houston Natural pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Houston Natural pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Houston Natural Lagged Returns
When evaluating Houston Natural's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Houston Natural pink sheet have on its future price. Houston Natural 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, Houston Natural autocorrelation shows the relationship between Houston Natural pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Houston Natural Resources.
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 Houston Pink Sheet
Houston Natural financial ratios help investors to determine whether Houston 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 Houston with respect to the benefits of owning Houston Natural security.