Buscar Co Stock Market Value
| CGLD Stock | USD 0 0.00 0.00% |
| Symbol | Buscar |
Buscar '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 Buscar'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 Buscar.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Buscar on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Buscar Co or generate 0.0% return on investment in Buscar over 180 days. Buscar is related to or competes with Equity Metals, Perpetua Resources, and Gold Royalty. Buscar Company focuses on buying, breeding, racing, and selling thoroughbreds More
Buscar 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 Buscar'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 Buscar Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 22.33 | |||
| Information Ratio | 0.0114 | |||
| Maximum Drawdown | 92.43 | |||
| Value At Risk | (22.22) | |||
| Potential Upside | 14.29 |
Buscar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Buscar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Buscar's standard deviation. In reality, there are many statistical measures that can use Buscar historical prices to predict the future Buscar's volatility.| Risk Adjusted Performance | 0.0261 | |||
| Jensen Alpha | 0.2598 | |||
| Total Risk Alpha | (1.93) | |||
| Sortino Ratio | 0.0068 | |||
| Treynor Ratio | 1.9 |
Buscar Backtested Returns
Buscar appears to be out of control, given 3 months investment horizon. Buscar secures Sharpe Ratio (or Efficiency) of 0.058, which signifies that the company had a 0.058% return per unit of risk over the last 3 months. By analyzing Buscar's technical indicators, you can evaluate if the expected return of 0.76% is justified by implied risk. Please makes use of Buscar's Downside Deviation of 22.33, risk adjusted performance of 0.0261, and Mean Deviation of 5.74 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Buscar holds a performance score of 4. The firm shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Buscar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Buscar is expected to be smaller as well. Please check Buscar's treynor ratio, expected short fall, relative strength index, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Buscar's price patterns will revert.
Auto-correlation | -0.27 |
Weak reverse predictability
Buscar Co has weak reverse predictability. Overlapping area represents the amount of predictability between Buscar time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 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 Buscar price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Buscar price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Buscar lagged returns against current returns
Autocorrelation, which is Buscar 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 Buscar's pink sheet expected returns. We can calculate the autocorrelation of Buscar returns to help us make a trade decision. For example, suppose you find that Buscar 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 |
Buscar 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 Buscar pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Buscar pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Buscar pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Buscar Lagged Returns
When evaluating Buscar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Buscar pink sheet have on its future price. Buscar 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, Buscar autocorrelation shows the relationship between Buscar pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Buscar Co.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Buscar Pink Sheet
Buscar financial ratios help investors to determine whether Buscar 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 Buscar with respect to the benefits of owning Buscar security.