Capitan Mining Stock Market Value
| CAPTF Stock | USD 0.23 0.02 8.00% |
| Symbol | Capitan |
Capitan Mining '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 Capitan Mining's 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 Capitan Mining.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Capitan Mining on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Capitan Mining or generate 0.0% return on investment in Capitan Mining over 30 days. Capitan Mining is related to or competes with Star Royalties, Defiance Silver, GoGold Resources, Teuton Resources, and Mirasol Resources. Capitan Mining Inc. engages in the acquisition and exploration of mineral properties in Mexico More
Capitan Mining 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 Capitan Mining's 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 Capitan Mining upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.66 | |||
| Information Ratio | 0.2011 | |||
| Maximum Drawdown | 38.32 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 15.0 |
Capitan Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Capitan Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Capitan Mining's standard deviation. In reality, there are many statistical measures that can use Capitan Mining historical prices to predict the future Capitan Mining's volatility.| Risk Adjusted Performance | 0.1741 | |||
| Jensen Alpha | 1.67 | |||
| Total Risk Alpha | 0.5917 | |||
| Sortino Ratio | 0.1951 | |||
| Treynor Ratio | (2.40) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Capitan Mining's 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.
Capitan Mining Backtested Returns
Capitan Mining is out of control given 3 months investment horizon. Capitan Mining secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.58% are justified by taking the suggested risk. Use Capitan Mining Mean Deviation of 5.65, risk adjusted performance of 0.1741, and Downside Deviation of 7.66 to evaluate company specific risk that cannot be diversified away. Capitan Mining holds a performance score of 17 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.67, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Capitan Mining are expected to decrease at a much lower rate. During the bear market, Capitan Mining is likely to outperform the market. Use Capitan Mining sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to analyze future returns on Capitan Mining.
Auto-correlation | 0.47 |
Average predictability
Capitan Mining has average predictability. Overlapping area represents the amount of predictability between Capitan Mining time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Capitan Mining price movement. The serial correlation of 0.47 indicates that about 47.0% of current Capitan Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Capitan Mining lagged returns against current returns
Autocorrelation, which is Capitan Mining 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 Capitan Mining's pink sheet expected returns. We can calculate the autocorrelation of Capitan Mining returns to help us make a trade decision. For example, suppose you find that Capitan Mining 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 |
Capitan Mining 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 Capitan Mining pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capitan Mining pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Capitan Mining pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Capitan Mining Lagged Returns
When evaluating Capitan Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Capitan Mining pink sheet have on its future price. Capitan Mining 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, Capitan Mining autocorrelation shows the relationship between Capitan Mining pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Capitan Mining.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Capitan Pink Sheet
Capitan Mining financial ratios help investors to determine whether Capitan 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 Capitan with respect to the benefits of owning Capitan Mining security.