Capella Minerals Limited Stock Market Value
| CMILF Stock | USD 0.01 0.0002 2.99% |
| Symbol | Capella |
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' otc 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.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Capella Minerals on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Capella Minerals Limited or generate 0.0% return on investment in Capella Minerals over 30 days. Capella Minerals is related to or competes with HUMANA, SCOR PK, Thrivent High, Morningstar Unconstrained, SPACE, Via Renewables, and T Rowe. Capella Minerals Limited, together with its subsidiaries, engages in the acquisition, exploration, and evaluation of min... 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' otc 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 Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 60.28 | |||
| Value At Risk | (2.90) | |||
| Potential Upside | 2.99 |
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 | 0.0194 | |||
| Jensen Alpha | 0.0107 | |||
| Total Risk Alpha | (0.93) | |||
| Treynor Ratio | 0.1492 |
Capella Minerals Backtested Returns
At this point, Capella Minerals is out of control. Capella Minerals secures Sharpe Ratio (or Efficiency) of 0.0141, which signifies that the company had a 0.0141% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Capella Minerals Limited, which you can use to evaluate the volatility of the firm. Please confirm Capella Minerals' Risk Adjusted Performance of 0.0194, standard deviation of 6.04, and Mean Deviation of 1.69 to double-check if the risk estimate we provide is consistent with the expected return of 0.0856%. Capella Minerals has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.5, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Capella Minerals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Capella Minerals is expected to be smaller as well. Capella Minerals right now shows a risk of 6.09%. Please confirm Capella Minerals treynor ratio, as well as the relationship between the daily balance of power and price action indicator , to decide if Capella Minerals will be following its price patterns.
Auto-correlation | -0.29 |
Weak reverse predictability
Capella Minerals Limited has weak reverse predictability. Overlapping area represents the amount of predictability between Capella Minerals time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 -0.29 indicates that nearly 29.0% of current Capella Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Capella Minerals lagged returns against current returns
Autocorrelation, which is Capella Minerals otc 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' otc 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 otc 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 otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capella Minerals otc 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 otc 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 otc 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 otc stock current value and its past values and can show if there is a momentum factor associated with investing in Capella Minerals Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Capella OTC Stock
Capella Minerals financial ratios help investors to determine whether Capella OTC Stock 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 Capella with respect to the benefits of owning Capella Minerals security.