Bradda Head Lithium Stock Market Value
| BHLIF Stock | USD 0.02 0.00 0.00% |
| Symbol | Bradda |
Bradda Head '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 Bradda Head'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 Bradda Head.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Bradda Head on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Bradda Head Lithium or generate 0.0% return on investment in Bradda Head over 180 days. Bradda Head is related to or competes with Mundoro Capital, Strategic Resources, Magna Mining, Adriatic Metals, and Aurelia Metals. Bradda Head Lithium Limited, through its subsidiaries, engages in the exploration, development, and mining of lithium mi... More
Bradda Head 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 Bradda Head'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 Bradda Head Lithium upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 6.88 |
Bradda Head Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bradda Head's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bradda Head's standard deviation. In reality, there are many statistical measures that can use Bradda Head historical prices to predict the future Bradda Head's volatility.| Risk Adjusted Performance | 0.0134 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 0.0432 |
Bradda Head Lithium Backtested Returns
At this point, Bradda Head is out of control. Bradda Head Lithium secures Sharpe Ratio (or Efficiency) of 0.0136, which signifies that the company had a 0.0136% return per unit of standard deviation over the last 3 months. We have found seventeen technical indicators for Bradda Head Lithium, which you can use to evaluate the volatility of the firm. Please confirm Bradda Head's risk adjusted performance of 0.0134, and Mean Deviation of 0.2079 to double-check if the risk estimate we provide is consistent with the expected return of 0.0155%. Bradda Head has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bradda Head's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bradda Head is expected to be smaller as well. Bradda Head Lithium right now shows a risk of 1.14%. Please confirm Bradda Head Lithium coefficient of variation and the relationship between the information ratio and day median price , to decide if Bradda Head Lithium will be following its price patterns.
Auto-correlation | -0.68 |
Very good reverse predictability
Bradda Head Lithium has very good reverse predictability. Overlapping area represents the amount of predictability between Bradda Head time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th 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 Bradda Head Lithium price movement. The serial correlation of -0.68 indicates that around 68.0% of current Bradda Head price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bradda Head Lithium lagged returns against current returns
Autocorrelation, which is Bradda Head 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 Bradda Head's pink sheet expected returns. We can calculate the autocorrelation of Bradda Head returns to help us make a trade decision. For example, suppose you find that Bradda Head 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 |
Bradda Head 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 Bradda Head pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bradda Head pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bradda Head pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bradda Head Lagged Returns
When evaluating Bradda Head's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bradda Head pink sheet have on its future price. Bradda Head 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, Bradda Head autocorrelation shows the relationship between Bradda Head pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bradda Head Lithium.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Bradda Pink Sheet
Bradda Head financial ratios help investors to determine whether Bradda 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 Bradda with respect to the benefits of owning Bradda Head security.