Bonterra Resources Stock Market Value

BTR Stock  CAD 0.24  0.01  4.00%   
BonTerra Resources' market value is the price at which a share of BonTerra Resources trades on a public exchange. It measures the collective expectations of BonTerra Resources investors about its performance. BonTerra Resources is selling for under 0.24 as of the 5th of December 2024; that is 4 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.24.
With this module, you can estimate the performance of a buy and hold strategy of BonTerra Resources and determine expected loss or profit from investing in BonTerra Resources over a given investment horizon. Check out BonTerra Resources Correlation, BonTerra Resources Volatility and BonTerra Resources Alpha and Beta module to complement your research on BonTerra Resources.
Symbol

BonTerra Resources Price To Book Ratio

Please note, there is a significant difference between BonTerra Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if BonTerra Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BonTerra Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

BonTerra 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 BonTerra Resources' 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 BonTerra Resources.
0.00
12/16/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/05/2024
0.00
If you would invest  0.00  in BonTerra Resources on December 16, 2022 and sell it all today you would earn a total of 0.00 from holding BonTerra Resources or generate 0.0% return on investment in BonTerra Resources over 720 days. BonTerra Resources is related to or competes with Galway Metals, Aurion Resources, Minaurum Gold, and Tristar Gold. Bonterra Resources Inc., an exploration stage company, engages in the acquisition, exploration, and evaluation of minera... More

BonTerra 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 BonTerra Resources' 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 BonTerra Resources upside and downside potential and time the market with a certain degree of confidence.

BonTerra Resources Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for BonTerra Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BonTerra Resources' standard deviation. In reality, there are many statistical measures that can use BonTerra Resources historical prices to predict the future BonTerra Resources' volatility.
Hype
Prediction
LowEstimatedHigh
0.010.243.80
Details
Intrinsic
Valuation
LowRealHigh
0.010.213.77
Details

BonTerra Resources Backtested Returns

BonTerra Resources secures Sharpe Ratio (or Efficiency) of -0.0513, which signifies that the company had a -0.0513% return per unit of risk over the last 3 months. BonTerra Resources exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BonTerra Resources' Standard Deviation of 3.73, mean deviation of 2.72, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BonTerra Resources are expected to decrease at a much lower rate. During the bear market, BonTerra Resources is likely to outperform the market. At this point, BonTerra Resources has a negative expected return of -0.18%. Please make sure to confirm BonTerra Resources' treynor ratio, as well as the relationship between the daily balance of power and price action indicator , to decide if BonTerra Resources performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.39  

Poor reverse predictability

BonTerra Resources has poor reverse predictability. Overlapping area represents the amount of predictability between BonTerra Resources time series from 16th of December 2022 to 11th of December 2023 and 11th of December 2023 to 5th 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 BonTerra Resources price movement. The serial correlation of -0.39 indicates that just about 39.0% of current BonTerra Resources price fluctuation can be explain by its past prices.
Correlation Coefficient-0.39
Spearman Rank Test-0.58
Residual Average0.0
Price Variance0.0

BonTerra Resources lagged returns against current returns

Autocorrelation, which is BonTerra Resources 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 BonTerra Resources' stock expected returns. We can calculate the autocorrelation of BonTerra Resources returns to help us make a trade decision. For example, suppose you find that BonTerra Resources 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  

BonTerra 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 BonTerra Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BonTerra Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BonTerra Resources stock over time.
   Current vs Lagged Prices   
       Timeline  

BonTerra Resources Lagged Returns

When evaluating BonTerra Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BonTerra Resources stock have on its future price. BonTerra 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, BonTerra Resources autocorrelation shows the relationship between BonTerra Resources stock current value and its past values and can show if there is a momentum factor associated with investing in BonTerra Resources.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for BonTerra Stock Analysis

When running BonTerra Resources' price analysis, check to measure BonTerra Resources' 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 BonTerra Resources is operating at the current time. Most of BonTerra Resources' value examination focuses on studying past and present price action to predict the probability of BonTerra Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BonTerra Resources' price. Additionally, you may evaluate how the addition of BonTerra Resources to your portfolios can decrease your overall portfolio volatility.