Bravo Mining Corp Stock Market Value
| BRVMF Stock | USD 1.40 0.02 1.41% |
| Symbol | Bravo |
Bravo Mining '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 Bravo Mining's 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 Bravo Mining.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Bravo Mining on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Bravo Mining Corp or generate 0.0% return on investment in Bravo Mining over 30 days. Bravo Mining is related to or competes with Southern Silver, AbraSilver Resource, Gatos Silver, Vox Royalty, Integra Resources, New Pacific, and SilverCrest Metals. Bravo Mining Corp., a mineral exploration company, engages in the acquisition, exploration, operation, and development o... More
Bravo Mining 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 Bravo Mining's 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 Bravo Mining Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 12.56 | |||
| Value At Risk | (5.67) | |||
| Potential Upside | 3.19 |
Bravo Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bravo Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bravo Mining's standard deviation. In reality, there are many statistical measures that can use Bravo Mining historical prices to predict the future Bravo Mining's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | (1.05) | |||
| Treynor Ratio | (4.02) |
Bravo Mining Corp Backtested Returns
Bravo Mining Corp secures Sharpe Ratio (or Efficiency) of -0.23, which signifies that the company had a -0.23% return per unit of standard deviation over the last 3 months. Bravo Mining Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bravo Mining's risk adjusted performance of (0.18), and Mean Deviation of 1.75 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bravo Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bravo Mining is expected to be smaller as well. At this point, Bravo Mining Corp has a negative expected return of -0.49%. Please make sure to confirm Bravo Mining's standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if Bravo Mining Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.49 |
Average predictability
Bravo Mining Corp has average predictability. Overlapping area represents the amount of predictability between Bravo Mining 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 Bravo Mining Corp price movement. The serial correlation of 0.49 indicates that about 49.0% of current Bravo Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bravo Mining Corp lagged returns against current returns
Autocorrelation, which is Bravo Mining 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 Bravo Mining's otc stock expected returns. We can calculate the autocorrelation of Bravo Mining returns to help us make a trade decision. For example, suppose you find that Bravo Mining 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 |
Bravo Mining 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 Bravo Mining otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bravo Mining otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bravo Mining otc stock over time.
Current vs Lagged Prices |
| Timeline |
Bravo Mining Lagged Returns
When evaluating Bravo Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bravo Mining otc stock have on its future price. Bravo Mining 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, Bravo Mining autocorrelation shows the relationship between Bravo Mining otc stock current value and its past values and can show if there is a momentum factor associated with investing in Bravo Mining Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Bravo OTC Stock
Bravo Mining financial ratios help investors to determine whether Bravo 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 Bravo with respect to the benefits of owning Bravo Mining security.