Catalyst Metals' market value is the price at which a share of Catalyst Metals trades on a public exchange. It measures the collective expectations of Catalyst Metals Limited investors about its performance. Catalyst Metals is trading at 1.80 as of the 28th of November 2024. This is a 3.45 percent increase since the beginning of the trading day. The stock's lowest day price was 1.8. With this module, you can estimate the performance of a buy and hold strategy of Catalyst Metals Limited and determine expected loss or profit from investing in Catalyst Metals over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Symbol
Catalyst
Catalyst Metals '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 Catalyst Metals' 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 Catalyst Metals.
0.00
12/09/2022
No Change 0.00
0.0
In 1 year 11 months and 22 days
11/28/2024
0.00
If you would invest 0.00 in Catalyst Metals on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Catalyst Metals Limited or generate 0.0% return on investment in Catalyst Metals over 720 days.
Catalyst Metals 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 Catalyst Metals' 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 Catalyst Metals Limited upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Catalyst Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Catalyst Metals' standard deviation. In reality, there are many statistical measures that can use Catalyst Metals historical prices to predict the future Catalyst Metals' volatility.
Catalyst Metals appears to be dangerous, given 3 months investment horizon. Catalyst Metals secures Sharpe Ratio (or Efficiency) of 0.096, which signifies that the company had a 0.096% return per unit of risk over the last 3 months. By analyzing Catalyst Metals' technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please makes use of Catalyst Metals' Risk Adjusted Performance of 0.0944, mean deviation of 3.92, and Downside Deviation of 7.76 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Catalyst Metals holds a performance score of 7. The firm shows a Beta (market volatility) of 1.16, 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, Catalyst Metals will likely underperform. Please check Catalyst Metals' semi variance, and the relationship between the maximum drawdown and daily balance of power , to make a quick decision on whether Catalyst Metals' price patterns will revert.
Auto-correlation
0.68
Good predictability
Catalyst Metals Limited has good predictability. Overlapping area represents the amount of predictability between Catalyst Metals time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Catalyst Metals price movement. The serial correlation of 0.68 indicates that around 68.0% of current Catalyst Metals price fluctuation can be explain by its past prices.
Correlation Coefficient
0.68
Spearman Rank Test
-0.12
Residual Average
0.0
Price Variance
0.01
Catalyst Metals lagged returns against current returns
Autocorrelation, which is Catalyst Metals 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 Catalyst Metals' pink sheet expected returns. We can calculate the autocorrelation of Catalyst Metals returns to help us make a trade decision. For example, suppose you find that Catalyst Metals 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
Catalyst Metals 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 Catalyst Metals pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Catalyst Metals pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Catalyst Metals pink sheet over time.
Current vs Lagged Prices
Timeline
Catalyst Metals Lagged Returns
When evaluating Catalyst Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Catalyst Metals pink sheet have on its future price. Catalyst Metals 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, Catalyst Metals autocorrelation shows the relationship between Catalyst Metals pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Catalyst Metals Limited.