Condor Resources Stock Market Value
| CNRIF Stock | USD 0.09 0.01 5.56% |
| Symbol | Condor |
Condor Resources '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 Condor Resources' 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 Condor Resources.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Condor Resources on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Condor Resources or generate 0.0% return on investment in Condor Resources over 30 days. Condor Resources is related to or competes with Gold79 Mines, American Clean, American Creek, Denarius Silver, and Pacific Ridge. Condor Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral... More
Condor Resources 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 Condor Resources' 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 Condor Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 19.56 | |||
| Information Ratio | 0.0186 | |||
| Maximum Drawdown | 147.44 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 10.0 |
Condor Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Condor Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Condor Resources' standard deviation. In reality, there are many statistical measures that can use Condor Resources historical prices to predict the future Condor Resources' volatility.| Risk Adjusted Performance | 0.03 | |||
| Jensen Alpha | 0.4586 | |||
| Total Risk Alpha | (1.41) | |||
| Sortino Ratio | 0.0161 | |||
| Treynor Ratio | (0.67) |
Condor Resources Backtested Returns
Condor Resources appears to be out of control, given 3 months investment horizon. Condor Resources secures Sharpe Ratio (or Efficiency) of 0.041, which signifies that the company had a 0.041 % return per unit of risk over the last 3 months. By analyzing Condor Resources' technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please makes use of Condor Resources' Downside Deviation of 19.56, mean deviation of 5.57, and Risk Adjusted Performance of 0.03 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Condor Resources holds a performance score of 3. The firm shows a Beta (market volatility) of -0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Condor Resources are expected to decrease at a much lower rate. During the bear market, Condor Resources is likely to outperform the market. Please check Condor Resources' sortino ratio and the relationship between the potential upside and day median price , to make a quick decision on whether Condor Resources' price patterns will revert.
Auto-correlation | 0.63 |
Good predictability
Condor Resources has good predictability. Overlapping area represents the amount of predictability between Condor Resources time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Condor Resources price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Condor Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Condor Resources lagged returns against current returns
Autocorrelation, which is Condor Resources 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 Condor Resources' pink sheet expected returns. We can calculate the autocorrelation of Condor Resources returns to help us make a trade decision. For example, suppose you find that Condor Resources 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 |
Condor Resources 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 Condor Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Condor Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Condor Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Condor Resources Lagged Returns
When evaluating Condor Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Condor Resources pink sheet have on its future price. Condor Resources 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, Condor Resources autocorrelation shows the relationship between Condor Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Condor Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Condor Pink Sheet
Condor Resources financial ratios help investors to determine whether Condor 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 Condor with respect to the benefits of owning Condor Resources security.