Arizona Sonoran Copper Stock Market Value
| ASCUF Stock | USD 0.98 0.01 1.01% |
| Symbol | Arizona |
Arizona Sonoran '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 Arizona Sonoran's 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 Arizona Sonoran.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Arizona Sonoran on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Arizona Sonoran Copper or generate 0.0% return on investment in Arizona Sonoran over 270 days. Arizona Sonoran is related to or competes with CopperCorp Resources, Copper Fox, and Imperial Metals. Arizona Sonoran Copper Company Inc. engages in the identification, acquisition, exploration, development, and production... More
Arizona Sonoran 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 Arizona Sonoran's 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 Arizona Sonoran Copper upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 13.73 | |||
| Value At Risk | (4.39) | |||
| Potential Upside | 5.61 |
Arizona Sonoran Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arizona Sonoran's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arizona Sonoran's standard deviation. In reality, there are many statistical measures that can use Arizona Sonoran historical prices to predict the future Arizona Sonoran's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | 3.21 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Arizona Sonoran'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.
Arizona Sonoran Copper Backtested Returns
Arizona Sonoran Copper 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. Arizona Sonoran Copper exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arizona Sonoran's Standard Deviation of 2.98, mean deviation of 2.31, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0771, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Arizona Sonoran are expected to decrease at a much lower rate. During the bear market, Arizona Sonoran is likely to outperform the market. At this point, Arizona Sonoran Copper has a negative expected return of -0.41%. Please make sure to confirm Arizona Sonoran's total risk alpha and the relationship between the skewness and relative strength index , to decide if Arizona Sonoran Copper performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.55 |
Modest predictability
Arizona Sonoran Copper has modest predictability. Overlapping area represents the amount of predictability between Arizona Sonoran time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd of November 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 Arizona Sonoran Copper price movement. The serial correlation of 0.55 indicates that about 55.0% of current Arizona Sonoran price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Arizona Sonoran Copper lagged returns against current returns
Autocorrelation, which is Arizona Sonoran 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 Arizona Sonoran's otc stock expected returns. We can calculate the autocorrelation of Arizona Sonoran returns to help us make a trade decision. For example, suppose you find that Arizona Sonoran 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 |
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Arizona Sonoran 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 Arizona Sonoran otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arizona Sonoran otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arizona Sonoran otc stock over time.
Current vs Lagged Prices |
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Arizona Sonoran Lagged Returns
When evaluating Arizona Sonoran's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arizona Sonoran otc stock have on its future price. Arizona Sonoran 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, Arizona Sonoran autocorrelation shows the relationship between Arizona Sonoran otc stock current value and its past values and can show if there is a momentum factor associated with investing in Arizona Sonoran Copper.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Arizona OTC Stock
Arizona Sonoran financial ratios help investors to determine whether Arizona 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 Arizona with respect to the benefits of owning Arizona Sonoran security.