Cache Exploration Stock Market Value
| CEXPF Stock | USD 0.0001 0.00 0.00% |
| Symbol | Cache |
Cache Exploration '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 Cache Exploration'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 Cache Exploration.
| 05/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Cache Exploration on May 9, 2023 and sell it all today you would earn a total of 0.00 from holding Cache Exploration or generate 0.0% return on investment in Cache Exploration over 570 days. Cache Exploration is related to or competes with Evolution Mining, Northern Star, Wesdome Gold, Centerra Gold, DRDGOLD Limited, Osisko Gold, and Eldorado Gold. Cache Exploration Inc., an exploration stage company, engages in the acquisition, exploration, and development of minera... More
Cache Exploration 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 Cache Exploration'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 Cache Exploration upside and downside potential and time the market with a certain degree of confidence.
Cache Exploration Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cache Exploration's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cache Exploration's standard deviation. In reality, there are many statistical measures that can use Cache Exploration historical prices to predict the future Cache Exploration's volatility.Cache Exploration Backtested Returns
We have found three technical indicators for Cache Exploration, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Cache Exploration are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Cache Exploration has perfect predictability. Overlapping area represents the amount of predictability between Cache Exploration time series from 9th of May 2023 to 18th of February 2024 and 18th of February 2024 to 29th 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 Cache Exploration price movement. The serial correlation of 1.0 indicates that 100.0% of current Cache Exploration price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cache Exploration lagged returns against current returns
Autocorrelation, which is Cache Exploration 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 Cache Exploration's pink sheet expected returns. We can calculate the autocorrelation of Cache Exploration returns to help us make a trade decision. For example, suppose you find that Cache Exploration 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 |
Cache Exploration 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 Cache Exploration pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cache Exploration pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cache Exploration pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Cache Exploration Lagged Returns
When evaluating Cache Exploration's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cache Exploration pink sheet have on its future price. Cache Exploration 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, Cache Exploration autocorrelation shows the relationship between Cache Exploration pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Cache Exploration.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Cache Pink Sheet
Cache Exploration financial ratios help investors to determine whether Cache 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 Cache with respect to the benefits of owning Cache Exploration security.