Houston American Energy Stock Market Value
| HUSA Stock | USD 1.38 0.12 9.52% |
| Symbol | Houston |
Houston American Energy Price To Book Ratio
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Houston American. If investors know Houston will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Houston American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.29) | Revenue Per Share 0.057 | Quarterly Revenue Growth (0.43) | Return On Assets (0.08) | Return On Equity (0.27) |
The market value of Houston American Energy is measured differently than its book value, which is the value of Houston that is recorded on the company's balance sheet. Investors also form their own opinion of Houston American's value that differs from its market value or its book value, called intrinsic value, which is Houston American's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Houston American's market value can be influenced by many factors that don't directly affect Houston American's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Houston American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Houston American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Houston American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Houston American '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 American'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 Houston American.
| 04/11/2023 |
| 11/01/2024 |
If you would invest 0.00 in Houston American on April 11, 2023 and sell it all today you would earn a total of 0.00 from holding Houston American Energy or generate 0.0% return on investment in Houston American over 570 days. Houston American is related to or competes with Indonesia Energy, Imperial Petroleum, Enservco, and Nine Energy. Houston American Energy Corp., an independent oil and gas company, engages in the exploration, development, and producti... More
Houston American 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 American'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 Houston American Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.5 | |||
| Information Ratio | 0.0335 | |||
| Maximum Drawdown | 39.2 | |||
| Value At Risk | (13.02) | |||
| Potential Upside | 17.32 |
Houston American Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Houston American's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Houston American's standard deviation. In reality, there are many statistical measures that can use Houston American historical prices to predict the future Houston American's volatility.| Risk Adjusted Performance | 0.0385 | |||
| Jensen Alpha | 0.3886 | |||
| Total Risk Alpha | 0.018 | |||
| Sortino Ratio | 0.0398 | |||
| Treynor Ratio | (0.07) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Houston American'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.
Houston American Energy Backtested Returns
At this point, Houston American is abnormally volatile. Houston American Energy holds Efficiency (Sharpe) Ratio of 0.0169, which attests that the entity had a 0.0169% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Houston American Energy, which you can use to evaluate the volatility of the firm. Please check out Houston American's Market Risk Adjusted Performance of (0.06), downside deviation of 6.5, and Risk Adjusted Performance of 0.0385 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. Houston American has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -3.87, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Houston American are expected to decrease by larger amounts. On the other hand, during market turmoil, Houston American is expected to outperform it. Houston American Energy right now retains a risk of 7.27%. Please check out Houston American daily balance of power, price action indicator, as well as the relationship between the expected short fall and value at risk , to decide if Houston American will be following its current trending patterns.
Auto-correlation | 0.43 |
Average predictability
Houston American Energy has average predictability. Overlapping area represents the amount of predictability between Houston American time series from 11th of April 2023 to 21st of January 2024 and 21st of January 2024 to 1st 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 American Energy price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Houston American price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Houston American Energy lagged returns against current returns
Autocorrelation, which is Houston American 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 Houston American's stock expected returns. We can calculate the autocorrelation of Houston American returns to help us make a trade decision. For example, suppose you find that Houston American 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 |
Houston American 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 American stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Houston American stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Houston American stock over time.
Current vs Lagged Prices |
| Timeline |
Houston American Lagged Returns
When evaluating Houston American's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Houston American stock have on its future price. Houston American 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 American autocorrelation shows the relationship between Houston American stock current value and its past values and can show if there is a momentum factor associated with investing in Houston American Energy.
Regressed Prices |
| Timeline |
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Check out Houston American Correlation, Houston American Volatility and Houston American Alpha and Beta module to complement your research on Houston American. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Houston American technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.