Capstone Copper Corp Stock Market Value
| CSCCF Stock | USD 7.21 0.14 1.90% |
| Symbol | Capstone |
Capstone Copper '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 Capstone Copper's otc 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 Capstone Copper.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Capstone Copper on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding Capstone Copper Corp or generate 0.0% return on investment in Capstone Copper over 180 days. Capstone Copper is related to or competes with Hudbay Minerals, Ero Copper, Taseko Mines, First Quantum, Amerigo Resources, Antofagasta PLC, and Copper Mountain. Capstone Copper Corp. operates as a copper mining company with focus on the Americas More
Capstone Copper 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 Capstone Copper's otc 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 Capstone Copper Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.31 | |||
| Information Ratio | 0.0073 | |||
| Maximum Drawdown | 15.71 | |||
| Value At Risk | (4.49) | |||
| Potential Upside | 6.17 |
Capstone Copper Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Capstone Copper's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Capstone Copper's standard deviation. In reality, there are many statistical measures that can use Capstone Copper historical prices to predict the future Capstone Copper's volatility.| Risk Adjusted Performance | 0.0375 | |||
| Jensen Alpha | 0.1001 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0076 | |||
| Treynor Ratio | 0.5051 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Capstone Copper'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.
Capstone Copper Corp Backtested Returns
At this point, Capstone Copper is slightly risky. Capstone Copper Corp secures Sharpe Ratio (or Efficiency) of 0.0097, which signifies that the company had a 0.0097% return per unit of risk over the last 3 months. We have found thirty technical indicators for Capstone Copper Corp, which you can use to evaluate the volatility of the firm. Please confirm Capstone Copper's Mean Deviation of 2.68, risk adjusted performance of 0.0375, and Downside Deviation of 3.31 to double-check if the risk estimate we provide is consistent with the expected return of 0.0335%. The firm shows a Beta (market volatility) of 0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Capstone Copper's returns are expected to increase less than the market. However, during the bear market, the loss of holding Capstone Copper is expected to be smaller as well. Capstone Copper Corp right now shows a risk of 3.46%. Please confirm Capstone Copper Corp total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Capstone Copper Corp will be following its price patterns.
Auto-correlation | 0.41 |
Average predictability
Capstone Copper Corp has average predictability. Overlapping area represents the amount of predictability between Capstone Copper time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 Capstone Copper Corp price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Capstone Copper price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Capstone Copper Corp lagged returns against current returns
Autocorrelation, which is Capstone Copper otc 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 Capstone Copper's otc stock expected returns. We can calculate the autocorrelation of Capstone Copper returns to help us make a trade decision. For example, suppose you find that Capstone Copper has exhibited high autocorrelation historically, and you observe that the otc 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 |
Capstone Copper 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 Capstone Copper otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capstone Copper otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Capstone Copper otc stock over time.
Current vs Lagged Prices |
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Capstone Copper Lagged Returns
When evaluating Capstone Copper's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Capstone Copper otc stock have on its future price. Capstone Copper 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, Capstone Copper autocorrelation shows the relationship between Capstone Copper otc stock current value and its past values and can show if there is a momentum factor associated with investing in Capstone Copper Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Capstone OTC Stock
Capstone Copper financial ratios help investors to determine whether Capstone OTC Stock 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 Capstone with respect to the benefits of owning Capstone Copper security.