Aclara Resources' market value is the price at which a share of Aclara Resources trades on a public exchange. It measures the collective expectations of Aclara Resources investors about its performance. Aclara Resources is trading at 0.38 as of the 3rd of February 2025. This is a 2.70 percent increase since the beginning of the trading day. The stock's lowest day price was 0.38. With this module, you can estimate the performance of a buy and hold strategy of Aclara Resources and determine expected loss or profit from investing in Aclara Resources over a given investment horizon. Check out Aclara Resources Correlation, Aclara Resources Volatility and Aclara Resources Alpha and Beta module to complement your research on Aclara Resources.
Please note, there is a significant difference between Aclara Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aclara Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aclara Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Aclara 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 Aclara Resources' 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 Aclara Resources.
0.00
01/04/2025
No Change 0.00
0.0
In 30 days
02/03/2025
0.00
If you would invest 0.00 in Aclara Resources on January 4, 2025 and sell it all today you would earn a total of 0.00 from holding Aclara Resources or generate 0.0% return on investment in Aclara Resources over 30 days. Aclara Resources is related to or competes with Hannan Metals, Sovereign Metals, Filo Mining, and Callinex Mines. Aclara Resources Inc., a mining company, engages in the exploration of rare-earth metals in Chile More
Aclara 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 Aclara Resources' 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 Aclara Resources upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aclara Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aclara Resources' standard deviation. In reality, there are many statistical measures that can use Aclara Resources historical prices to predict the future Aclara Resources' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aclara Resources. Your research has to be compared to or analyzed against Aclara Resources' peers to derive any actionable benefits. When done correctly, Aclara Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Aclara Resources.
Aclara Resources Backtested Returns
At this point, Aclara Resources is out of control. Aclara Resources secures Sharpe Ratio (or Efficiency) of 0.0342, which signifies that the company had a 0.0342 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Aclara Resources, which you can use to evaluate the volatility of the firm. Please confirm Aclara Resources' Risk Adjusted Performance of 0.0568, mean deviation of 3.6, and Downside Deviation of 5.92 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%. Aclara Resources has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aclara Resources are expected to decrease at a much lower rate. During the bear market, Aclara Resources is likely to outperform the market. Aclara Resources right now shows a risk of 5.33%. Please confirm Aclara Resources treynor ratio, downside variance, and the relationship between the total risk alpha and value at risk , to decide if Aclara Resources will be following its price patterns.
Auto-correlation
0.25
Poor predictability
Aclara Resources has poor predictability. Overlapping area represents the amount of predictability between Aclara Resources time series from 4th of January 2025 to 19th of January 2025 and 19th of January 2025 to 3rd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Aclara Resources price movement. The serial correlation of 0.25 indicates that over 25.0% of current Aclara Resources price fluctuation can be explain by its past prices.
Correlation Coefficient
0.25
Spearman Rank Test
0.21
Residual Average
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Price Variance
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Aclara Resources lagged returns against current returns
Autocorrelation, which is Aclara Resources 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 Aclara Resources' pink sheet expected returns. We can calculate the autocorrelation of Aclara Resources returns to help us make a trade decision. For example, suppose you find that Aclara Resources 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
Aclara 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 Aclara Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aclara Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aclara Resources pink sheet over time.
Current vs Lagged Prices
Timeline
Aclara Resources Lagged Returns
When evaluating Aclara Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aclara Resources pink sheet have on its future price. Aclara 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, Aclara Resources autocorrelation shows the relationship between Aclara Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Aclara Resources.
Other Information on Investing in Aclara Pink Sheet
Aclara Resources financial ratios help investors to determine whether Aclara 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 Aclara with respect to the benefits of owning Aclara Resources security.