Capella Minerals Stock Market Value
| CMIL Stock | CAD 0.06 0.05 500.00% |
| Symbol | Capella |
Capella Minerals Price To Book Ratio
Capella Minerals '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 Capella Minerals' 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 Capella Minerals.
| 09/26/2024 |
| 12/25/2024 |
If you would invest 0.00 in Capella Minerals on September 26, 2024 and sell it all today you would earn a total of 0.00 from holding Capella Minerals or generate 0.0% return on investment in Capella Minerals over 90 days. Capella Minerals Limited, together with its subsidiaries, acquires, explores for, evaluates, and develops mineral proper... More
Capella Minerals 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 Capella Minerals' 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 Capella Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 62.36 | |||
| Information Ratio | 0.145 | |||
| Maximum Drawdown | 183.33 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 |
Capella Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Capella Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Capella Minerals' standard deviation. In reality, there are many statistical measures that can use Capella Minerals historical prices to predict the future Capella Minerals' volatility.| Risk Adjusted Performance | 0.1263 | |||
| Jensen Alpha | 9.71 | |||
| Total Risk Alpha | 7.08 | |||
| Sortino Ratio | 0.1613 | |||
| Treynor Ratio | 0.9233 |
Capella Minerals Backtested Returns
Capella Minerals is out of control given 3 months investment horizon. Capella Minerals secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 9.64% are justified by taking the suggested risk. Use Capella Minerals Downside Deviation of 62.36, risk adjusted performance of 0.1263, and Mean Deviation of 28.47 to evaluate company specific risk that cannot be diversified away. Capella Minerals holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 10.93, 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, Capella Minerals will likely underperform. Use Capella Minerals total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to analyze future returns on Capella Minerals.
Auto-correlation | -0.08 |
Very weak reverse predictability
Capella Minerals has very weak reverse predictability. Overlapping area represents the amount of predictability between Capella Minerals time series from 26th of September 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Capella Minerals price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Capella Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Capella Minerals lagged returns against current returns
Autocorrelation, which is Capella Minerals 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 Capella Minerals' stock expected returns. We can calculate the autocorrelation of Capella Minerals returns to help us make a trade decision. For example, suppose you find that Capella Minerals 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 |
Capella Minerals 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 Capella Minerals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capella Minerals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Capella Minerals stock over time.
Current vs Lagged Prices |
| Timeline |
Capella Minerals Lagged Returns
When evaluating Capella Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Capella Minerals stock have on its future price. Capella Minerals 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, Capella Minerals autocorrelation shows the relationship between Capella Minerals stock current value and its past values and can show if there is a momentum factor associated with investing in Capella Minerals.
Regressed Prices |
| Timeline |
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Additional Tools for Capella Stock Analysis
When running Capella Minerals' price analysis, check to measure Capella Minerals' 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 Capella Minerals is operating at the current time. Most of Capella Minerals' value examination focuses on studying past and present price action to predict the probability of Capella Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Capella Minerals' price. Additionally, you may evaluate how the addition of Capella Minerals to your portfolios can decrease your overall portfolio volatility.