Batero Gold Corp Stock Market Value
| BELDF Stock | USD 0.08 0.01 6.67% |
| Symbol | Batero |
Batero Gold '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 Batero Gold'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 Batero Gold.
| 06/09/2024 |
| 12/31/2025 |
If you would invest 0.00 in Batero Gold on June 9, 2024 and sell it all today you would earn a total of 0.00 from holding Batero Gold Corp or generate 0.0% return on investment in Batero Gold over 570 days. Batero Gold is related to or competes with Enduro Metals, Pacific Ridge, Riley Gold, Golden Pursuit, and North Arrow. Batero Gold Corp., together with its subsidiaries, engages in the exploration and development of mineral properties in C... More
Batero Gold 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 Batero Gold'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 Batero Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 50.92 | |||
| Information Ratio | 0.2337 | |||
| Maximum Drawdown | 280.0 | |||
| Value At Risk | (42.86) | |||
| Potential Upside | 130.0 |
Batero Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Batero Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Batero Gold's standard deviation. In reality, there are many statistical measures that can use Batero Gold historical prices to predict the future Batero Gold's volatility.| Risk Adjusted Performance | 0.1753 | |||
| Jensen Alpha | 11.53 | |||
| Total Risk Alpha | 6.44 | |||
| Sortino Ratio | 0.2257 | |||
| Treynor Ratio | 24.77 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Batero Gold'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.
Batero Gold Corp Backtested Returns
Batero Gold is out of control given 3 months investment horizon. Batero Gold Corp secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22 % return per unit of risk over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 10.71% are justified by taking the suggested risk. Use Batero Gold Mean Deviation of 28.82, downside deviation of 50.92, and Risk Adjusted Performance of 0.1753 to evaluate company specific risk that cannot be diversified away. Batero Gold holds a performance score of 17 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Batero Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Batero Gold is expected to be smaller as well. Use Batero Gold expected short fall, day typical price, and the relationship between the potential upside and daily balance of power , to analyze future returns on Batero Gold.
Auto-correlation | 0.00 |
No correlation between past and present
Batero Gold Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Batero Gold time series from 9th of June 2024 to 21st of March 2025 and 21st of March 2025 to 31st of December 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 Batero Gold Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Batero Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Batero Gold Corp lagged returns against current returns
Autocorrelation, which is Batero Gold 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 Batero Gold's pink sheet expected returns. We can calculate the autocorrelation of Batero Gold returns to help us make a trade decision. For example, suppose you find that Batero Gold 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 |
Batero Gold 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 Batero Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Batero Gold pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Batero Gold pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Batero Gold Lagged Returns
When evaluating Batero Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Batero Gold pink sheet have on its future price. Batero Gold 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, Batero Gold autocorrelation shows the relationship between Batero Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Batero Gold Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| DD | Dupont De Nemours | |
| CRDO | Credo Technology Group | |
| GOOG | Alphabet Inc Class C | |
| BAC | Bank of America | |
| CRM | Salesforce |
Other Information on Investing in Batero Pink Sheet
Batero Gold financial ratios help investors to determine whether Batero 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 Batero with respect to the benefits of owning Batero Gold security.