Boss Resources Stock Market Value
| BQSSF Stock | USD 1.81 0.16 9.70% |
| Symbol | Boss |
Boss 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 Boss Resources' 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 Boss Resources.
| 07/24/2024 |
| 01/20/2025 |
If you would invest 0.00 in Boss Resources on July 24, 2024 and sell it all today you would earn a total of 0.00 from holding Boss Resources or generate 0.0% return on investment in Boss Resources over 180 days. Boss Resources is related to or competes with NGEx Minerals, Global Atomic, Lotus Resources, Forsys Metals, Troilus Gold, and Aurelia Metals. Boss Energy Limited explores for, develops, and produces uranium deposits in Australia More
Boss 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 Boss Resources' 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 Boss Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 13.97 | |||
| Value At Risk | (6.28) | |||
| Potential Upside | 4.94 |
Boss Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Boss Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Boss Resources' standard deviation. In reality, there are many statistical measures that can use Boss Resources historical prices to predict the future Boss Resources' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | 8.22 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Boss Resources' 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.
Boss Resources Backtested Returns
Boss Resources secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12 % return per unit of risk over the last 3 months. Boss Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Boss Resources' Mean Deviation of 2.8, standard deviation of 3.52, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0426, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Boss Resources are expected to decrease at a much lower rate. During the bear market, Boss Resources is likely to outperform the market. At this point, Boss Resources has a negative expected return of -0.42%. Please make sure to confirm Boss Resources' total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Boss Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.09 |
Virtually no predictability
Boss Resources has virtually no predictability. Overlapping area represents the amount of predictability between Boss Resources time series from 24th of July 2024 to 22nd of October 2024 and 22nd of October 2024 to 20th of January 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 Boss Resources price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Boss Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Boss Resources lagged returns against current returns
Autocorrelation, which is Boss Resources 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 Boss Resources' otc stock expected returns. We can calculate the autocorrelation of Boss Resources returns to help us make a trade decision. For example, suppose you find that Boss Resources 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 |
| Timeline |
Boss 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 Boss Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Boss Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Boss Resources otc stock over time.
Current vs Lagged Prices |
| Timeline |
Boss Resources Lagged Returns
When evaluating Boss Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Boss Resources otc stock have on its future price. Boss 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, Boss Resources autocorrelation shows the relationship between Boss Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in Boss Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Boss OTC Stock
Boss Resources financial ratios help investors to determine whether Boss 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 Boss with respect to the benefits of owning Boss Resources security.