Champion Bear Resources Stock Market Value
| CBA Stock | CAD 0.06 0.00 0.00% |
| Symbol | Champion |
Champion Bear '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 Champion Bear's 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 Champion Bear.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Champion Bear on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Champion Bear Resources or generate 0.0% return on investment in Champion Bear over 30 days. Champion Bear is related to or competes with Kiplin Metals, Pure Energy, and Noram Lithium. Champion Bear Resources Ltd., a mineral exploration company, acquires, explores for, and develops mineral properties in ... More
Champion Bear 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 Champion Bear's 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 Champion Bear Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 29.05 | |||
| Information Ratio | 0.0765 | |||
| Maximum Drawdown | 164.29 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 |
Champion Bear Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Champion Bear's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Champion Bear's standard deviation. In reality, there are many statistical measures that can use Champion Bear historical prices to predict the future Champion Bear's volatility.| Risk Adjusted Performance | 0.0727 | |||
| Jensen Alpha | 2.54 | |||
| Total Risk Alpha | (1.96) | |||
| Sortino Ratio | 0.0607 | |||
| Treynor Ratio | (0.37) |
Champion Bear Resources Backtested Returns
Champion Bear is out of control given 3 months investment horizon. Champion Bear Resources secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We were able to interpolate twenty-five different technical indicators, which can help you to evaluate if expected returns of 2.87% are justified by taking the suggested risk. Use Champion Bear mean deviation of 10.22, and Risk Adjusted Performance of 0.0727 to evaluate company specific risk that cannot be diversified away. Champion Bear holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -5.06, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Champion Bear are expected to decrease by larger amounts. On the other hand, during market turmoil, Champion Bear is expected to outperform it. Use Champion Bear semi deviation, sortino ratio, semi variance, as well as the relationship between the information ratio and value at risk , to analyze future returns on Champion Bear.
Auto-correlation | 0.00 |
No correlation between past and present
Champion Bear Resources has no correlation between past and present. Overlapping area represents the amount of predictability between Champion Bear time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Champion Bear Resources price movement. The serial correlation of 0.0 indicates that just 0.0% of current Champion Bear price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Champion Bear Resources lagged returns against current returns
Autocorrelation, which is Champion Bear 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 Champion Bear's stock expected returns. We can calculate the autocorrelation of Champion Bear returns to help us make a trade decision. For example, suppose you find that Champion Bear has exhibited high autocorrelation historically, and you observe that the 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 |
Champion Bear 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 Champion Bear stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Champion Bear stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Champion Bear stock over time.
Current vs Lagged Prices |
| Timeline |
Champion Bear Lagged Returns
When evaluating Champion Bear's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Champion Bear stock have on its future price. Champion Bear 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, Champion Bear autocorrelation shows the relationship between Champion Bear stock current value and its past values and can show if there is a momentum factor associated with investing in Champion Bear Resources.
Regressed Prices |
| Timeline |
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Additional Tools for Champion Stock Analysis
When running Champion Bear's price analysis, check to measure Champion Bear's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Champion Bear is operating at the current time. Most of Champion Bear's value examination focuses on studying past and present price action to predict the probability of Champion Bear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Champion Bear's price. Additionally, you may evaluate how the addition of Champion Bear to your portfolios can decrease your overall portfolio volatility.