Vr Resources Stock Market Value
| VRRCF Stock | USD 0.02 0.0003 1.44% |
| Symbol | VRRCF |
VR 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 VR Resources' 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 VR Resources.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in VR Resources on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding VR Resources or generate 0.0% return on investment in VR Resources over 30 days. VR Resources is related to or competes with IGO. VR Resources Ltd., a mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral exp... More
VR 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 VR Resources' 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 VR Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 47.05 | |||
| Value At Risk | (8.26) | |||
| Potential Upside | 9.81 |
VR Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VR Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VR Resources' standard deviation. In reality, there are many statistical measures that can use VR Resources historical prices to predict the future VR Resources' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (1.41) | |||
| Treynor Ratio | 1.21 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of VR Resources' 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.
VR Resources Backtested Returns
VR Resources retains Efficiency (Sharpe Ratio) of -0.0968, which indicates the firm had a -0.0968% return per unit of price deviation over the last 3 months. VR Resources exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VR Resources' Mean Deviation of 4.54, standard deviation of 6.97, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.39, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning VR Resources are expected to decrease at a much lower rate. During the bear market, VR Resources is likely to outperform the market. At this point, VR Resources has a negative expected return of -0.63%. Please make sure to validate VR Resources' standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if VR Resources performance from the past will be repeated at some future date.
Auto-correlation | 0.67 |
Good predictability
VR Resources has good predictability. Overlapping area represents the amount of predictability between VR Resources 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 VR Resources price movement. The serial correlation of 0.67 indicates that around 67.0% of current VR Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
VR Resources lagged returns against current returns
Autocorrelation, which is VR Resources 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 VR Resources' otc stock expected returns. We can calculate the autocorrelation of VR Resources returns to help us make a trade decision. For example, suppose you find that VR Resources 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 |
VR 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 VR Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VR Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VR Resources otc stock over time.
Current vs Lagged Prices |
| Timeline |
VR Resources Lagged Returns
When evaluating VR Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VR Resources otc stock have on its future price. VR 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, VR Resources autocorrelation shows the relationship between VR Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in VR Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in VRRCF OTC Stock
VR Resources financial ratios help investors to determine whether VRRCF 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 VRRCF with respect to the benefits of owning VR Resources security.