Atacama Resources International Stock Market Value
| ACRL Stock | USD 0 0 33.33% |
| Symbol | Atacama |
Atacama 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 Atacama 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 Atacama Resources.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Atacama Resources on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Atacama Resources International or generate 0.0% return on investment in Atacama Resources over 30 days. Atacama Resources is related to or competes with IGO, Mineral Res, and Adriatic Metals. Atacama Resources International, Inc. operates as a mining company in the United States and Canada More
Atacama 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 Atacama 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 Atacama Resources International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 15.72 | |||
| Information Ratio | 0.1264 | |||
| Maximum Drawdown | 205.37 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 26.67 |
Atacama Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atacama Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atacama Resources' standard deviation. In reality, there are many statistical measures that can use Atacama Resources historical prices to predict the future Atacama Resources' volatility.| Risk Adjusted Performance | 0.1043 | |||
| Jensen Alpha | 3.23 | |||
| Total Risk Alpha | 0.1436 | |||
| Sortino Ratio | 0.198 | |||
| Treynor Ratio | (10.52) |
Atacama Resources Backtested Returns
Atacama Resources is out of control given 3 months investment horizon. Atacama Resources secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We were able to interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 3.31% are justified by taking the suggested risk. Use Atacama Resources mean deviation of 12.49, and Risk Adjusted Performance of 0.1043 to evaluate company specific risk that cannot be diversified away. Atacama Resources holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.3, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Atacama Resources are expected to decrease at a much lower rate. During the bear market, Atacama Resources is likely to outperform the market. Use Atacama Resources coefficient of variation, semi variance, period momentum indicator, as well as the relationship between the treynor ratio and daily balance of power , to analyze future returns on Atacama Resources.
Auto-correlation | 0.35 |
Below average predictability
Atacama Resources International has below average predictability. Overlapping area represents the amount of predictability between Atacama Resources time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Atacama Resources price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Atacama Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Atacama Resources lagged returns against current returns
Autocorrelation, which is Atacama 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 Atacama Resources' pink sheet expected returns. We can calculate the autocorrelation of Atacama Resources returns to help us make a trade decision. For example, suppose you find that Atacama 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 |
| Timeline |
Atacama 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 Atacama Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atacama 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 Atacama Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Atacama Resources Lagged Returns
When evaluating Atacama Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atacama Resources pink sheet have on its future price. Atacama 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, Atacama Resources autocorrelation shows the relationship between Atacama Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Atacama Resources International.
Regressed Prices |
| Timeline |
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Atacama Resources financial ratios help investors to determine whether Atacama 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 Atacama with respect to the benefits of owning Atacama Resources security.