Arctic Star Exploration Stock Market Value
| ASDZF Stock | USD 0.01 0 22.46% |
| Symbol | Arctic |
Arctic Star '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 Arctic Star's 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 Arctic Star.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Arctic Star on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Arctic Star Exploration or generate 0.0% return on investment in Arctic Star over 30 days. Arctic Star is related to or competes with Aurania Resources, Gold79 Mines, American Clean, Arras Minerals, American Creek, and Denarius Silver. Arctic Star Exploration Corp., a junior natural resource company, acquires, explores for, and develops mineral propertie... More
Arctic Star 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 Arctic Star's 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 Arctic Star Exploration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.79 | |||
| Information Ratio | 0.0577 | |||
| Maximum Drawdown | 60.49 | |||
| Value At Risk | (19.10) | |||
| Potential Upside | 18.09 |
Arctic Star Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arctic Star's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arctic Star's standard deviation. In reality, there are many statistical measures that can use Arctic Star historical prices to predict the future Arctic Star's volatility.| Risk Adjusted Performance | 0.065 | |||
| Jensen Alpha | 0.5779 | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | 0.0356 | |||
| Treynor Ratio | 0.4456 |
Arctic Star Exploration Backtested Returns
Arctic Star appears to be out of control, given 3 months investment horizon. Arctic Star Exploration secures Sharpe Ratio (or Efficiency) of 0.0689, which signifies that the company had a 0.0689 % return per unit of standard deviation over the last 3 months. By analyzing Arctic Star's technical indicators, you can evaluate if the expected return of 0.78% is justified by implied risk. Please makes use of Arctic Star's mean deviation of 4.9, and Risk Adjusted Performance of 0.065 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Arctic Star holds a performance score of 5. The firm shows a Beta (market volatility) of 1.62, 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, Arctic Star will likely underperform. Please check Arctic Star's coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Arctic Star's price patterns will revert.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Arctic Star Exploration has insignificant reverse predictability. Overlapping area represents the amount of predictability between Arctic Star time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 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 Arctic Star Exploration price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Arctic Star price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Arctic Star Exploration lagged returns against current returns
Autocorrelation, which is Arctic Star 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 Arctic Star's pink sheet expected returns. We can calculate the autocorrelation of Arctic Star returns to help us make a trade decision. For example, suppose you find that Arctic Star 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 |
Arctic Star 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 Arctic Star pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arctic Star pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arctic Star pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Arctic Star Lagged Returns
When evaluating Arctic Star's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arctic Star pink sheet have on its future price. Arctic Star 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, Arctic Star autocorrelation shows the relationship between Arctic Star pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Arctic Star Exploration.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Arctic Pink Sheet
Arctic Star financial ratios help investors to determine whether Arctic 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 Arctic with respect to the benefits of owning Arctic Star security.