Cdn Maverick Capital Stock Market Value
| AXVEF Stock | USD 0.11 0.01 8.33% |
| Symbol | CDN |
CDN Maverick '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 CDN Maverick'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 CDN Maverick.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in CDN Maverick on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding CDN Maverick Capital or generate 0.0% return on investment in CDN Maverick over 30 days. CDN Maverick is related to or competes with Aurelia Metals, Azimut Exploration, Adriatic Metals, American Helium, Progressive Planet, and Almonty Industries. CDN Maverick Capital Corp. engages in the acquisition, exploration, and development of diversified mineral properties More
CDN Maverick 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 CDN Maverick'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 CDN Maverick Capital upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0846 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 9.09 |
CDN Maverick Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CDN Maverick's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CDN Maverick's standard deviation. In reality, there are many statistical measures that can use CDN Maverick historical prices to predict the future CDN Maverick's volatility.| Risk Adjusted Performance | 0.0889 | |||
| Jensen Alpha | 0.7294 | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (4.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CDN Maverick'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.
CDN Maverick Capital Backtested Returns
CDN Maverick appears to be out of control, given 3 months investment horizon. CDN Maverick Capital secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. By examining CDN Maverick's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please makes use of CDN Maverick's mean deviation of 2.63, and Risk Adjusted Performance of 0.0889 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CDN Maverick holds a performance score of 8. The firm shows a Beta (market volatility) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CDN Maverick are expected to decrease at a much lower rate. During the bear market, CDN Maverick is likely to outperform the market. Please check CDN Maverick's treynor ratio, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether CDN Maverick's price patterns will revert.
Auto-correlation | -0.57 |
Good reverse predictability
CDN Maverick Capital has good reverse predictability. Overlapping area represents the amount of predictability between CDN Maverick time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 CDN Maverick Capital price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current CDN Maverick price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CDN Maverick Capital lagged returns against current returns
Autocorrelation, which is CDN Maverick 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 CDN Maverick's otc stock expected returns. We can calculate the autocorrelation of CDN Maverick returns to help us make a trade decision. For example, suppose you find that CDN Maverick 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 |
CDN Maverick 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 CDN Maverick otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CDN Maverick otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CDN Maverick otc stock over time.
Current vs Lagged Prices |
| Timeline |
CDN Maverick Lagged Returns
When evaluating CDN Maverick's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CDN Maverick otc stock have on its future price. CDN Maverick 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, CDN Maverick autocorrelation shows the relationship between CDN Maverick otc stock current value and its past values and can show if there is a momentum factor associated with investing in CDN Maverick Capital.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CDN OTC Stock
CDN Maverick financial ratios help investors to determine whether CDN 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 CDN with respect to the benefits of owning CDN Maverick security.