Bold Ventures Stock Market Value
| BOL Stock | CAD 0.03 0.00 0.00% |
| Symbol | Bold |
Bold Ventures '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 Bold Ventures' 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 Bold Ventures.
| 12/02/2023 |
| 12/26/2024 |
If you would invest 0.00 in Bold Ventures on December 2, 2023 and sell it all today you would earn a total of 0.00 from holding Bold Ventures or generate 0.0% return on investment in Bold Ventures over 390 days. Bold Ventures is related to or competes with Outcrop Gold, and Grande Portage. Bold Ventures Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada and the Unite... More
Bold Ventures 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 Bold Ventures' 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 Bold Ventures upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (20.00) |
Bold Ventures Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bold Ventures' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bold Ventures' standard deviation. In reality, there are many statistical measures that can use Bold Ventures historical prices to predict the future Bold Ventures' volatility.| Risk Adjusted Performance | (0.0008) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.05) |
Bold Ventures Backtested Returns
Bold Ventures secures Sharpe Ratio (or Efficiency) of -0.0125, which signifies that the company had a -0.0125% return per unit of risk over the last 3 months. Bold Ventures exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bold Ventures' Risk Adjusted Performance of (0.0008), standard deviation of 8.24, and Mean Deviation of 2.72 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 2.39, which signifies 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, Bold Ventures will likely underperform. At this point, Bold Ventures has a negative expected return of -0.11%. Please make sure to confirm Bold Ventures' standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and rate of daily change , to decide if Bold Ventures performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.04 |
Very weak reverse predictability
Bold Ventures has very weak reverse predictability. Overlapping area represents the amount of predictability between Bold Ventures time series from 2nd of December 2023 to 14th of June 2024 and 14th of June 2024 to 26th 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 Bold Ventures price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Bold Ventures price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bold Ventures lagged returns against current returns
Autocorrelation, which is Bold Ventures 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 Bold Ventures' stock expected returns. We can calculate the autocorrelation of Bold Ventures returns to help us make a trade decision. For example, suppose you find that Bold Ventures 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 |
Bold Ventures 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 Bold Ventures stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bold Ventures stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bold Ventures stock over time.
Current vs Lagged Prices |
| Timeline |
Bold Ventures Lagged Returns
When evaluating Bold Ventures' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bold Ventures stock have on its future price. Bold Ventures 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, Bold Ventures autocorrelation shows the relationship between Bold Ventures stock current value and its past values and can show if there is a momentum factor associated with investing in Bold Ventures.
Regressed Prices |
| Timeline |
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Additional Tools for Bold Stock Analysis
When running Bold Ventures' price analysis, check to measure Bold Ventures' 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 Bold Ventures is operating at the current time. Most of Bold Ventures' value examination focuses on studying past and present price action to predict the probability of Bold Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bold Ventures' price. Additionally, you may evaluate how the addition of Bold Ventures to your portfolios can decrease your overall portfolio volatility.