Cascadero Copper Stock Market Value
| CCEDF Stock | USD 0.01 0 26.67% |
| Symbol | Cascadero |
Cascadero 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 Cascadero Copper'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 Cascadero Copper.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Cascadero Copper on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Cascadero Copper or generate 0.0% return on investment in Cascadero Copper over 30 days. Cascadero Copper is related to or competes with IGO, Mineral Res, and Adriatic Metals. Cascadero Copper Corporation, an exploration stage company, engages in the acquisition, exploration, and development of ... More
Cascadero 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 Cascadero Copper'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 Cascadero Copper upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 30.15 | |||
| Information Ratio | 0.1091 | |||
| Maximum Drawdown | 471.74 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 44.0 |
Cascadero Copper Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cascadero Copper's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cascadero Copper's standard deviation. In reality, there are many statistical measures that can use Cascadero Copper historical prices to predict the future Cascadero Copper's volatility.| Risk Adjusted Performance | 0.0903 | |||
| Jensen Alpha | 7.1 | |||
| Total Risk Alpha | (0.76) | |||
| Sortino Ratio | 0.203 | |||
| Treynor Ratio | (0.63) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cascadero Copper'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.
Cascadero Copper Backtested Returns
Cascadero Copper is out of control given 3 months investment horizon. Cascadero Copper secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 6.09% are justified by taking the suggested risk. Use Cascadero Copper Mean Deviation of 19.6, downside deviation of 30.15, and Risk Adjusted Performance of 0.0903 to evaluate company specific risk that cannot be diversified away. Cascadero Copper holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -9.93, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Cascadero Copper are expected to decrease by larger amounts. On the other hand, during market turmoil, Cascadero Copper is expected to outperform it. Use Cascadero Copper expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to analyze future returns on Cascadero Copper.
Auto-correlation | -0.29 |
Weak reverse predictability
Cascadero Copper has weak reverse predictability. Overlapping area represents the amount of predictability between Cascadero Copper 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 Cascadero Copper price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Cascadero Copper price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cascadero Copper lagged returns against current returns
Autocorrelation, which is Cascadero Copper 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 Cascadero Copper's pink sheet expected returns. We can calculate the autocorrelation of Cascadero Copper returns to help us make a trade decision. For example, suppose you find that Cascadero Copper 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 |
Cascadero 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 Cascadero Copper pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cascadero Copper pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cascadero Copper pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Cascadero Copper Lagged Returns
When evaluating Cascadero Copper's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cascadero Copper pink sheet have on its future price. Cascadero 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, Cascadero Copper autocorrelation shows the relationship between Cascadero Copper pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Cascadero Copper.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Cascadero Pink Sheet
Cascadero Copper financial ratios help investors to determine whether Cascadero 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 Cascadero with respect to the benefits of owning Cascadero Copper security.