Bell Copper Corp Stock Market Value
| BCU Stock | CAD 0.04 0.01 12.50% |
| Symbol | Bell |
Bell Copper Corp Price To Book Ratio
Bell Copper '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 Bell Copper'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 Bell Copper.
| 11/20/2023 |
| 12/14/2024 |
If you would invest 0.00 in Bell Copper on November 20, 2023 and sell it all today you would earn a total of 0.00 from holding Bell Copper Corp or generate 0.0% return on investment in Bell Copper over 390 days. Bell Copper is related to or competes with Dore Copper, and Goliath Resources. Bell Copper Corporation acquires, explores for, and evaluates mineral property interests in North America More
Bell Copper 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 Bell Copper'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 Bell Copper Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 45.0 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 20.0 |
Bell Copper Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bell Copper's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bell Copper's standard deviation. In reality, there are many statistical measures that can use Bell Copper historical prices to predict the future Bell Copper's volatility.| Risk Adjusted Performance | 0.0046 | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (1.30) | |||
| Treynor Ratio | (0.07) |
Bell Copper Corp Backtested Returns
Bell Copper Corp secures Sharpe Ratio (or Efficiency) of -0.0386, which signifies that the company had a -0.0386% return per unit of risk over the last 3 months. Bell Copper Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bell Copper's Mean Deviation of 4.81, standard deviation of 9.88, and Risk Adjusted Performance of 0.0046 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.06, which signifies a somewhat significant risk relative to the market. Bell Copper returns are very sensitive to returns on the market. As the market goes up or down, Bell Copper is expected to follow. At this point, Bell Copper Corp has a negative expected return of -0.37%. Please make sure to confirm Bell Copper's maximum drawdown and the relationship between the kurtosis and period momentum indicator , to decide if Bell Copper Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.60 |
Good predictability
Bell Copper Corp has good predictability. Overlapping area represents the amount of predictability between Bell Copper time series from 20th of November 2023 to 2nd of June 2024 and 2nd of June 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 Bell Copper Corp price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Bell Copper price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bell Copper Corp lagged returns against current returns
Autocorrelation, which is Bell Copper 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 Bell Copper's stock expected returns. We can calculate the autocorrelation of Bell Copper returns to help us make a trade decision. For example, suppose you find that Bell Copper 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 |
Bell Copper 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 Bell Copper stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bell Copper stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bell Copper stock over time.
Current vs Lagged Prices |
| Timeline |
Bell Copper Lagged Returns
When evaluating Bell Copper's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bell Copper stock have on its future price. Bell Copper 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, Bell Copper autocorrelation shows the relationship between Bell Copper stock current value and its past values and can show if there is a momentum factor associated with investing in Bell Copper Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Bell Stock Analysis
When running Bell Copper's price analysis, check to measure Bell Copper's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bell Copper is operating at the current time. Most of Bell Copper's value examination focuses on studying past and present price action to predict the probability of Bell Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bell Copper's price. Additionally, you may evaluate how the addition of Bell Copper to your portfolios can decrease your overall portfolio volatility.