Brixton Metals Stock Market Value
| BBBXF Stock | USD 0.05 0 2.22% |
| Symbol | Brixton |
Brixton Metals '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 Brixton Metals' 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 Brixton Metals.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Brixton Metals on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Brixton Metals or generate 0.0% return on investment in Brixton Metals over 30 days. Brixton Metals is related to or competes with Condor Resources, Western Alaska, American Clean, American Creek, Arras Minerals, Gold79 Mines, and Aurania Resources. Brixton Metals Corporation, an exploration stage company, engages in the acquisition, exploration, development, and eval... More
Brixton Metals 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 Brixton Metals' 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 Brixton Metals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 16.87 | |||
| Value At Risk | (7.02) | |||
| Potential Upside | 5.71 |
Brixton Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brixton Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brixton Metals' standard deviation. In reality, there are many statistical measures that can use Brixton Metals historical prices to predict the future Brixton Metals' volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.72) | |||
| Total Risk Alpha | (1.34) | |||
| Treynor Ratio | 1.54 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Brixton Metals' 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.
Brixton Metals Backtested Returns
Brixton Metals secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of risk over the last 3 months. Brixton Metals exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brixton Metals' Mean Deviation of 2.96, standard deviation of 3.73, and Risk Adjusted Performance of (0.15) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.5, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Brixton Metals are expected to decrease at a much lower rate. During the bear market, Brixton Metals is likely to outperform the market. At this point, Brixton Metals has a negative expected return of -0.58%. Please make sure to confirm Brixton Metals' jensen alpha, as well as the relationship between the skewness and day median price , to decide if Brixton Metals performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.78 |
Good predictability
Brixton Metals has good predictability. Overlapping area represents the amount of predictability between Brixton Metals time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Brixton Metals price movement. The serial correlation of 0.78 indicates that around 78.0% of current Brixton Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Brixton Metals lagged returns against current returns
Autocorrelation, which is Brixton Metals 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 Brixton Metals' otc stock expected returns. We can calculate the autocorrelation of Brixton Metals returns to help us make a trade decision. For example, suppose you find that Brixton Metals 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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Brixton Metals 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 Brixton Metals otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brixton Metals otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brixton Metals otc stock over time.
Current vs Lagged Prices |
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Brixton Metals Lagged Returns
When evaluating Brixton Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brixton Metals otc stock have on its future price. Brixton Metals 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, Brixton Metals autocorrelation shows the relationship between Brixton Metals otc stock current value and its past values and can show if there is a momentum factor associated with investing in Brixton Metals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Brixton OTC Stock
Brixton Metals financial ratios help investors to determine whether Brixton 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 Brixton with respect to the benefits of owning Brixton Metals security.