Cantex Mine Development Stock Market Value
| CD Stock | CAD 0.18 0.01 5.88% |
| Symbol | Cantex |
Cantex Mine Development Price To Book Ratio
Cantex Mine '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 Cantex Mine'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 Cantex Mine.
| 10/12/2025 |
| 01/10/2026 |
If you would invest 0.00 in Cantex Mine on October 12, 2025 and sell it all today you would earn a total of 0.00 from holding Cantex Mine Development or generate 0.0% return on investment in Cantex Mine over 90 days. Cantex Mine is related to or competes with Intrepid Metals, EV Nickel, Starr Peak, Grid Metals, Niobay Metals, TNR Gold, and Fancamp Exploration. Cantex Mine Development Corp. engages in the acquisition, exploration, and development of mineral properties in Canada, ... More
Cantex Mine 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 Cantex Mine'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 Cantex Mine Development upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.52 | |||
| Information Ratio | 0.0345 | |||
| Maximum Drawdown | 65.66 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 6.67 |
Cantex Mine Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cantex Mine's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cantex Mine's standard deviation. In reality, there are many statistical measures that can use Cantex Mine historical prices to predict the future Cantex Mine's volatility.| Risk Adjusted Performance | 0.0423 | |||
| Jensen Alpha | 0.516 | |||
| Total Risk Alpha | (0.66) | |||
| Sortino Ratio | 0.0259 | |||
| Treynor Ratio | (0.32) |
Cantex Mine Development Backtested Returns
Cantex Mine appears to be out of control, given 3 months investment horizon. Cantex Mine Development secures Sharpe Ratio (or Efficiency) of 0.0558, which signifies that the company had a 0.0558 % return per unit of risk over the last 3 months. By analyzing Cantex Mine's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please makes use of Cantex Mine's Risk Adjusted Performance of 0.0423, downside deviation of 12.52, and Mean Deviation of 4.28 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cantex Mine holds a performance score of 4. The firm shows a Beta (market volatility) of -1.28, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Cantex Mine are expected to decrease by larger amounts. On the other hand, during market turmoil, Cantex Mine is expected to outperform it. Please check Cantex Mine's downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness , to make a quick decision on whether Cantex Mine's price patterns will revert.
Auto-correlation | -0.21 |
Weak reverse predictability
Cantex Mine Development has weak reverse predictability. Overlapping area represents the amount of predictability between Cantex Mine time series from 12th of October 2025 to 26th of November 2025 and 26th of November 2025 to 10th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cantex Mine Development price movement. The serial correlation of -0.21 indicates that over 21.0% of current Cantex Mine price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cantex Mine Development lagged returns against current returns
Autocorrelation, which is Cantex Mine 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 Cantex Mine's stock expected returns. We can calculate the autocorrelation of Cantex Mine returns to help us make a trade decision. For example, suppose you find that Cantex Mine 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 |
Cantex Mine 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 Cantex Mine stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cantex Mine stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cantex Mine stock over time.
Current vs Lagged Prices |
| Timeline |
Cantex Mine Lagged Returns
When evaluating Cantex Mine's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cantex Mine stock have on its future price. Cantex Mine 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, Cantex Mine autocorrelation shows the relationship between Cantex Mine stock current value and its past values and can show if there is a momentum factor associated with investing in Cantex Mine Development.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Cantex Stock Analysis
When running Cantex Mine's price analysis, check to measure Cantex Mine'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 Cantex Mine is operating at the current time. Most of Cantex Mine's value examination focuses on studying past and present price action to predict the probability of Cantex Mine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cantex Mine's price. Additionally, you may evaluate how the addition of Cantex Mine to your portfolios can decrease your overall portfolio volatility.