Benton Resources Stock Market Value
| BNTRF Stock | USD 0.05 0.02 23.55% |
| Symbol | Benton |
Benton 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 Benton 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 Benton Resources.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Benton Resources on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Benton Resources or generate 0.0% return on investment in Benton Resources over 30 days. Benton Resources is related to or competes with Guanajuato Silver, Silver One, IMPACT Silver, Bald Eagle, and Discovery Metals. Benton Resources Inc. operates as a mineral exploration company More
Benton 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 Benton 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 Benton Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 18.25 | |||
| Information Ratio | 0.0757 | |||
| Maximum Drawdown | 104.6 | |||
| Value At Risk | (25.71) | |||
| Potential Upside | 30.98 |
Benton Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Benton Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Benton Resources' standard deviation. In reality, there are many statistical measures that can use Benton Resources historical prices to predict the future Benton Resources' volatility.| Risk Adjusted Performance | 0.0729 | |||
| Jensen Alpha | 1.21 | |||
| Total Risk Alpha | (1.38) | |||
| Sortino Ratio | 0.0758 | |||
| Treynor Ratio | 0.6254 |
Benton Resources Backtested Returns
Benton Resources is out of control given 3 months investment horizon. Benton Resources secures Sharpe Ratio (or Efficiency) of 0.0661, which signifies that the company had a 0.0661% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.21% are justified by taking the suggested risk. Use Benton Resources Mean Deviation of 12.74, risk adjusted performance of 0.0729, and Downside Deviation of 18.25 to evaluate company specific risk that cannot be diversified away. Benton Resources holds a performance score of 5 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.4, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Benton Resources will likely underperform. Use Benton Resources treynor ratio and the relationship between the semi variance and relative strength index , to analyze future returns on Benton Resources.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Benton Resources has insignificant reverse predictability. Overlapping area represents the amount of predictability between Benton Resources time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Benton Resources price movement. The serial correlation of -0.16 indicates that over 16.0% of current Benton Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Benton Resources lagged returns against current returns
Autocorrelation, which is Benton 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 Benton Resources' pink sheet expected returns. We can calculate the autocorrelation of Benton Resources returns to help us make a trade decision. For example, suppose you find that Benton 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 |
Benton 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 Benton Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Benton 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 Benton Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Benton Resources Lagged Returns
When evaluating Benton Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Benton Resources pink sheet have on its future price. Benton 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, Benton Resources autocorrelation shows the relationship between Benton Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Benton Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Benton Pink Sheet
Benton Resources financial ratios help investors to determine whether Benton 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 Benton with respect to the benefits of owning Benton Resources security.