Colibri Resource Stock Market Value
| CRUCF Stock | USD 0.01 0.01 48.60% |
| Symbol | Colibri |
Colibri Resource '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 Colibri Resource'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 Colibri Resource.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in Colibri Resource on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding Colibri Resource or generate 0.0% return on investment in Colibri Resource over 180 days. Colibri Resource is related to or competes with Aurelia Metals, Vizsla Resources, Western Copper, Americas Silver, EMX Royalty, Fury Gold, and Nevada King. As of August 9, 2017, Colibri Resource Corporation was acquired by Canadian Gold Resources, Ltd., in a reverse merger tr... More
Colibri Resource 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 Colibri Resource'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 Colibri Resource upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 30.12 | |||
| Information Ratio | 0.0193 | |||
| Maximum Drawdown | 183.04 | |||
| Value At Risk | (27.81) |
Colibri Resource Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Colibri Resource's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Colibri Resource's standard deviation. In reality, there are many statistical measures that can use Colibri Resource historical prices to predict the future Colibri Resource's volatility.| Risk Adjusted Performance | 0.029 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (2.63) | |||
| Sortino Ratio | 0.0134 | |||
| Treynor Ratio | 0.098 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Colibri Resource's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Colibri Resource Backtested Returns
Colibri Resource is out of control given 3 months investment horizon. Colibri Resource secures Sharpe Ratio (or Efficiency) of 0.0522, which signifies that the company had a 0.0522% return per unit of risk over the last 3 months. We were able to break down twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.09% are justified by taking the suggested risk. Use Colibri Resource Risk Adjusted Performance of 0.029, mean deviation of 5.69, and Downside Deviation of 30.12 to evaluate company specific risk that cannot be diversified away. Colibri Resource holds a performance score of 4 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 5.28, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Colibri Resource will likely underperform. Use Colibri Resource downside variance, rate of daily change, and the relationship between the treynor ratio and skewness , to analyze future returns on Colibri Resource.
Auto-correlation | -0.07 |
Very weak reverse predictability
Colibri Resource has very weak reverse predictability. Overlapping area represents the amount of predictability between Colibri Resource time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 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 Colibri Resource price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Colibri Resource price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Colibri Resource lagged returns against current returns
Autocorrelation, which is Colibri Resource 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 Colibri Resource's pink sheet expected returns. We can calculate the autocorrelation of Colibri Resource returns to help us make a trade decision. For example, suppose you find that Colibri Resource 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 |
Colibri Resource 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 Colibri Resource pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Colibri Resource pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Colibri Resource pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Colibri Resource Lagged Returns
When evaluating Colibri Resource's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Colibri Resource pink sheet have on its future price. Colibri Resource 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, Colibri Resource autocorrelation shows the relationship between Colibri Resource pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Colibri Resource.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Colibri Pink Sheet
Colibri Resource financial ratios help investors to determine whether Colibri 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 Colibri with respect to the benefits of owning Colibri Resource security.