Next Hydrogen Solutions Stock Market Value
| NXHSF Stock | USD 0.35 0.02 6.06% |
| Symbol | Next |
Next Hydrogen '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 Next Hydrogen's otc 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 Next Hydrogen.
| 06/22/2025 |
| 07/22/2025 |
If you would invest 0.00 in Next Hydrogen on June 22, 2025 and sell it all today you would earn a total of 0.00 from holding Next Hydrogen Solutions or generate 0.0% return on investment in Next Hydrogen over 30 days. Next Hydrogen is related to or competes with Fusion Fuel, ITM Power, Nel ASA, Nel ASA, Next Hydrogen, Titan Logix, and Weir Group. Next Hydrogen Solutions Inc. designs, manufactures, and sells water and electricity electrolyzers to generate clean hydr... More
Next Hydrogen 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 Next Hydrogen's otc 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 Next Hydrogen Solutions upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 57.5 | |||
| Value At Risk | (3.70) |
Next Hydrogen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Next Hydrogen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Next Hydrogen's standard deviation. In reality, there are many statistical measures that can use Next Hydrogen historical prices to predict the future Next Hydrogen's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.54) | |||
| Total Risk Alpha | (1.51) | |||
| Treynor Ratio | (1.19) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Next Hydrogen'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.
Next Hydrogen Solutions Backtested Returns
Next Hydrogen Solutions has Sharpe Ratio of -0.0481, which conveys that the firm had a -0.0481 % return per unit of risk over the last 3 months. Next Hydrogen exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Next Hydrogen's Risk Adjusted Performance of (0.06), standard deviation of 6.99, and Mean Deviation of 2.39 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Next Hydrogen's returns are expected to increase less than the market. However, during the bear market, the loss of holding Next Hydrogen is expected to be smaller as well. At this point, Next Hydrogen Solutions has a negative expected return of -0.35%. Please make sure to verify Next Hydrogen's skewness, day median price, as well as the relationship between the Day Median Price and relative strength index , to decide if Next Hydrogen Solutions performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.65 |
Very good reverse predictability
Next Hydrogen Solutions has very good reverse predictability. Overlapping area represents the amount of predictability between Next Hydrogen time series from 22nd of June 2025 to 7th of July 2025 and 7th of July 2025 to 22nd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Next Hydrogen Solutions price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Next Hydrogen price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Next Hydrogen Solutions lagged returns against current returns
Autocorrelation, which is Next Hydrogen otc 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 Next Hydrogen's otc stock expected returns. We can calculate the autocorrelation of Next Hydrogen returns to help us make a trade decision. For example, suppose you find that Next Hydrogen has exhibited high autocorrelation historically, and you observe that the otc 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 |
Next Hydrogen 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 Next Hydrogen otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Next Hydrogen otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Next Hydrogen otc stock over time.
Current vs Lagged Prices |
| Timeline |
Next Hydrogen Lagged Returns
When evaluating Next Hydrogen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Next Hydrogen otc stock have on its future price. Next Hydrogen 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, Next Hydrogen autocorrelation shows the relationship between Next Hydrogen otc stock current value and its past values and can show if there is a momentum factor associated with investing in Next Hydrogen Solutions.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Next OTC Stock
Next Hydrogen financial ratios help investors to determine whether Next OTC 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 Next with respect to the benefits of owning Next Hydrogen security.