Borneo Resource Investments Stock Market Value
| BRNE Stock | USD 0.0005 0.00 0.00% |
| Symbol | Borneo |
Borneo Resource '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 Borneo Resource'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 Borneo Resource.
| 12/31/2024 |
| 01/30/2025 |
If you would invest 0.00 in Borneo Resource on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding Borneo Resource Investments or generate 0.0% return on investment in Borneo Resource over 30 days. Borneo Resource is related to or competes with Fury Gold, Trilogy Metals, and Western Copper. Borneo Resource Investments Ltd. engages in the mineral exploration activities in the Republic of Indonesia More
Borneo Resource 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 Borneo Resource'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 Borneo Resource Investments upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 50.0 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 14.29 |
Borneo Resource Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Borneo Resource's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Borneo Resource's standard deviation. In reality, there are many statistical measures that can use Borneo Resource historical prices to predict the future Borneo Resource's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (1.12) | |||
| Treynor Ratio | 0.5516 |
Borneo Resource Inve Backtested Returns
Borneo Resource Inve secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. Borneo Resource Investments exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Borneo Resource's Mean Deviation of 3.59, standard deviation of 7.55, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.81, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Borneo Resource are expected to decrease at a much lower rate. During the bear market, Borneo Resource is likely to outperform the market. At this point, Borneo Resource Inve has a negative expected return of -0.037%. Please make sure to confirm Borneo Resource's information ratio, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Borneo Resource Inve performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Borneo Resource Investments has no correlation between past and present. Overlapping area represents the amount of predictability between Borneo Resource time series from 31st of December 2024 to 15th of January 2025 and 15th of January 2025 to 30th 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 Borneo Resource Inve price movement. The serial correlation of 0.0 indicates that just 0.0% of current Borneo Resource price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Borneo Resource Inve lagged returns against current returns
Autocorrelation, which is Borneo Resource 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 Borneo Resource's pink sheet expected returns. We can calculate the autocorrelation of Borneo Resource returns to help us make a trade decision. For example, suppose you find that Borneo Resource 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 |
Borneo Resource 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 Borneo Resource pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Borneo Resource pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Borneo Resource pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Borneo Resource Lagged Returns
When evaluating Borneo Resource's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Borneo Resource pink sheet have on its future price. Borneo Resource 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, Borneo Resource autocorrelation shows the relationship between Borneo Resource pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Borneo Resource Investments.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Borneo Pink Sheet
Borneo Resource financial ratios help investors to determine whether Borneo 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 Borneo with respect to the benefits of owning Borneo Resource security.