Btu Metals Corp Stock Market Value
| BTUMF Stock | USD 0.02 0.00 0.00% |
| Symbol | BTU |
BTU Metals '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 BTU Metals' 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 BTU Metals.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in BTU Metals on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding BTU Metals Corp or generate 0.0% return on investment in BTU Metals over 720 days. BTU Metals is related to or competes with Assurant, Hanover Insurance, Palomar Holdings, Griffon, and Sun Life. BTU Metals Corp. engages in the exploration and development of mineral properties More
BTU Metals 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 BTU Metals' 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 BTU Metals Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 26.1 |
BTU Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BTU Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BTU Metals' standard deviation. In reality, there are many statistical measures that can use BTU Metals historical prices to predict the future BTU Metals' volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.81) | |||
| Total Risk Alpha | (1.47) | |||
| Treynor Ratio | (1.41) |
BTU Metals Corp Backtested Returns
BTU Metals Corp secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of volatility over the last 3 months. BTU Metals Corp exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BTU Metals' mean deviation of 1.63, and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.53, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BTU Metals' returns are expected to increase less than the market. However, during the bear market, the loss of holding BTU Metals is expected to be smaller as well. At this point, BTU Metals Corp has a negative expected return of -0.77%. Please make sure to confirm BTU Metals' treynor ratio and rate of daily change , to decide if BTU Metals Corp performance from the past will be repeated at future time.
Auto-correlation | -0.05 |
Very weak reverse predictability
BTU Metals Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between BTU Metals time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 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 BTU Metals Corp price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current BTU Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BTU Metals Corp lagged returns against current returns
Autocorrelation, which is BTU Metals 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 BTU Metals' otc stock expected returns. We can calculate the autocorrelation of BTU Metals returns to help us make a trade decision. For example, suppose you find that BTU Metals 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 |
BTU Metals 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 BTU Metals otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BTU Metals otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BTU Metals otc stock over time.
Current vs Lagged Prices |
| Timeline |
BTU Metals Lagged Returns
When evaluating BTU Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BTU Metals otc stock have on its future price. BTU Metals 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, BTU Metals autocorrelation shows the relationship between BTU Metals otc stock current value and its past values and can show if there is a momentum factor associated with investing in BTU Metals Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BTU OTC Stock
BTU Metals financial ratios help investors to determine whether BTU 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 BTU with respect to the benefits of owning BTU Metals security.