Canterra Minerals Stock Market Value
| CTM Stock | CAD 0.22 0.01 4.35% |
| Symbol | Canterra |
Canterra Minerals Price To Book Ratio
Canterra Minerals '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 Canterra Minerals' 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 Canterra Minerals.
| 12/03/2025 |
| 01/02/2026 |
If you would invest 0.00 in Canterra Minerals on December 3, 2025 and sell it all today you would earn a total of 0.00 from holding Canterra Minerals or generate 0.0% return on investment in Canterra Minerals over 30 days. Canterra Minerals is related to or competes with NevGold Corp, Scottie Resources, Patagonia Gold, Defiance Silver, Teuton Resources, First Nordic, and Metallic Minerals. Canterra Minerals Corporation, a resource company, engages in the evaluation, acquisition, and exploration of mineral pr... More
Canterra Minerals 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 Canterra Minerals' 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 Canterra Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.12 | |||
| Information Ratio | 0.1199 | |||
| Maximum Drawdown | 55.68 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 7.69 |
Canterra Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canterra Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Canterra Minerals' standard deviation. In reality, there are many statistical measures that can use Canterra Minerals historical prices to predict the future Canterra Minerals' volatility.| Risk Adjusted Performance | 0.0993 | |||
| Jensen Alpha | 0.8553 | |||
| Total Risk Alpha | 0.4206 | |||
| Sortino Ratio | 0.1077 | |||
| Treynor Ratio | 0.6671 |
Canterra Minerals Backtested Returns
Canterra Minerals appears to be out of control, given 3 months investment horizon. Canterra Minerals secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13 % return per unit of risk over the last 3 months. By analyzing Canterra Minerals' technical indicators, you can evaluate if the expected return of 0.99% is justified by implied risk. Please makes use of Canterra Minerals' Risk Adjusted Performance of 0.0993, downside deviation of 8.12, and Mean Deviation of 4.84 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Canterra Minerals holds a performance score of 10. The firm shows a Beta (market volatility) of 1.38, 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, Canterra Minerals will likely underperform. Please check Canterra Minerals' sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Canterra Minerals' price patterns will revert.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Canterra Minerals has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Canterra Minerals time series from 3rd of December 2025 to 18th of December 2025 and 18th of December 2025 to 2nd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Canterra Minerals price movement. The serial correlation of -0.71 indicates that around 71.0% of current Canterra Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Canterra Minerals lagged returns against current returns
Autocorrelation, which is Canterra Minerals 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 Canterra Minerals' stock expected returns. We can calculate the autocorrelation of Canterra Minerals returns to help us make a trade decision. For example, suppose you find that Canterra Minerals has exhibited high autocorrelation historically, and you observe that the 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 |
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Canterra Minerals 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 Canterra Minerals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Canterra Minerals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Canterra Minerals stock over time.
Current vs Lagged Prices |
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Canterra Minerals Lagged Returns
When evaluating Canterra Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Canterra Minerals stock have on its future price. Canterra Minerals 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, Canterra Minerals autocorrelation shows the relationship between Canterra Minerals stock current value and its past values and can show if there is a momentum factor associated with investing in Canterra Minerals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Canterra Stock Analysis
When running Canterra Minerals' price analysis, check to measure Canterra Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canterra Minerals is operating at the current time. Most of Canterra Minerals' value examination focuses on studying past and present price action to predict the probability of Canterra Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canterra Minerals' price. Additionally, you may evaluate how the addition of Canterra Minerals to your portfolios can decrease your overall portfolio volatility.