Bcm Resources Stock Market Value
| BCMRF Stock | USD 0.04 0.01 41.20% |
| Symbol | BCM |
BCM 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 BCM 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 BCM Resources.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in BCM Resources on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding BCM Resources or generate 0.0% return on investment in BCM Resources over 30 days. BCM Resources is related to or competes with Liontown Resources, ATT, Merck, Disney, Caterpillar, Procter Gamble, and JPMorgan Chase. BCM Resources Corporation engages in the acquisition, exploration, development, and mining of mineral properties in Cana... More
BCM 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 BCM 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 BCM Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0307 | |||
| Maximum Drawdown | 78.09 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 20.0 |
BCM Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BCM Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BCM Resources' standard deviation. In reality, there are many statistical measures that can use BCM Resources historical prices to predict the future BCM Resources' volatility.| Risk Adjusted Performance | 0.0422 | |||
| Jensen Alpha | 0.4525 | |||
| Total Risk Alpha | (1.39) | |||
| Treynor Ratio | 3.57 |
BCM Resources Backtested Returns
BCM Resources appears to be out of control, given 3 months investment horizon. BCM Resources secures Sharpe Ratio (or Efficiency) of 0.0434, which signifies that the company had a 0.0434% return per unit of return volatility over the last 3 months. We have found twenty-two technical indicators for BCM Resources, which you can use to evaluate the volatility of the entity. Please makes use of BCM Resources' Standard Deviation of 11.12, mean deviation of 4.58, and Variance of 123.74 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BCM Resources holds a performance score of 3. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BCM Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding BCM Resources is expected to be smaller as well. Please check BCM Resources' treynor ratio, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether BCM Resources' price patterns will revert.
Auto-correlation | 0.23 |
Weak predictability
BCM Resources has weak predictability. Overlapping area represents the amount of predictability between BCM Resources 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 BCM Resources price movement. The serial correlation of 0.23 indicates that over 23.0% of current BCM Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BCM Resources lagged returns against current returns
Autocorrelation, which is BCM 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 BCM Resources' pink sheet expected returns. We can calculate the autocorrelation of BCM Resources returns to help us make a trade decision. For example, suppose you find that BCM 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 |
BCM 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 BCM Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BCM 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 BCM Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
BCM Resources Lagged Returns
When evaluating BCM Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BCM Resources pink sheet have on its future price. BCM 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, BCM Resources autocorrelation shows the relationship between BCM Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in BCM Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BCM Pink Sheet
BCM Resources financial ratios help investors to determine whether BCM 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 BCM with respect to the benefits of owning BCM Resources security.