Hartshead Resources Nl Stock Market Value
| PGNYF Stock | USD 0.01 0.01 1,650% |
| Symbol | Hartshead |
Hartshead Resources '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 Hartshead Resources' 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 Hartshead Resources.
| 10/20/2025 |
| 01/18/2026 |
If you would invest 0.00 in Hartshead Resources on October 20, 2025 and sell it all today you would earn a total of 0.00 from holding Hartshead Resources NL or generate 0.0% return on investment in Hartshead Resources over 90 days. Hartshead Resources is related to or competes with Saipem SpA, MOL PLC, Delek, Koninklijke Vopak, Delek Drilling, Subsea 7, and Koninklijke Vopak. Hartshead Resources NL engages in the oil and gas exploration and development activities in the United Kingdom, Gabon, a... More
Hartshead Resources 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 Hartshead Resources' 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 Hartshead Resources NL upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.172 | |||
| Maximum Drawdown | 1650.0 |
Hartshead Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartshead Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hartshead Resources' standard deviation. In reality, there are many statistical measures that can use Hartshead Resources historical prices to predict the future Hartshead Resources' volatility.| Risk Adjusted Performance | 0.1294 | |||
| Jensen Alpha | 41.04 | |||
| Total Risk Alpha | 10.16 | |||
| Treynor Ratio | 5.96 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hartshead Resources' 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.
Hartshead Resources Backtested Returns
Hartshead Resources is out of control given 3 months investment horizon. Hartshead Resources holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18 % return per unit of risk over the last 3 months. We have analyzed and interpolated nineteen different technical indicators, which can help you to evaluate if expected returns of 31.16% are justified by taking the suggested risk. Use Hartshead Resources NL Risk Adjusted Performance of 0.1294, standard deviation of 241.73, and Market Risk Adjusted Performance of 5.97 to evaluate company specific risk that cannot be diversified away. Hartshead Resources holds a performance score of 14 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 6.99, 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, Hartshead Resources will likely underperform. Use Hartshead Resources NL total risk alpha and day median price , to analyze future returns on Hartshead Resources NL.
Auto-correlation | 0.00 |
No correlation between past and present
Hartshead Resources NL has no correlation between past and present. Overlapping area represents the amount of predictability between Hartshead Resources time series from 20th of October 2025 to 4th of December 2025 and 4th of December 2025 to 18th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hartshead Resources price movement. The serial correlation of 0.0 indicates that just 0.0% of current Hartshead Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hartshead Resources lagged returns against current returns
Autocorrelation, which is Hartshead Resources 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 Hartshead Resources' pink sheet expected returns. We can calculate the autocorrelation of Hartshead Resources returns to help us make a trade decision. For example, suppose you find that Hartshead Resources 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 |
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Hartshead Resources 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 Hartshead Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hartshead Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hartshead Resources pink sheet over time.
Current vs Lagged Prices |
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Hartshead Resources Lagged Returns
When evaluating Hartshead Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hartshead Resources pink sheet have on its future price. Hartshead Resources 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, Hartshead Resources autocorrelation shows the relationship between Hartshead Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Hartshead Resources NL.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Hartshead Pink Sheet
Hartshead Resources financial ratios help investors to determine whether Hartshead 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 Hartshead with respect to the benefits of owning Hartshead Resources security.