Copper Fox Metals Stock Market Value
| CUU Stock | CAD 0.28 0.04 12.50% |
| Symbol | Copper |
Copper Fox Metals Price To Book Ratio
Copper Fox '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 Copper Fox's 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 Copper Fox.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Copper Fox on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Copper Fox Metals or generate 0.0% return on investment in Copper Fox over 720 days. Copper Fox is related to or competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Copper Fox Metals Inc., a resource company, engages in the exploration and development of copper mineral properties in C... More
Copper Fox 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 Copper Fox's 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 Copper Fox Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.63 | |||
| Information Ratio | 0.0207 | |||
| Maximum Drawdown | 66.94 | |||
| Value At Risk | (9.68) | |||
| Potential Upside | 10.71 |
Copper Fox Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Copper Fox's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Copper Fox's standard deviation. In reality, there are many statistical measures that can use Copper Fox historical prices to predict the future Copper Fox's volatility.| Risk Adjusted Performance | 0.0373 | |||
| Jensen Alpha | 0.3115 | |||
| Total Risk Alpha | (0.97) | |||
| Sortino Ratio | 0.0192 | |||
| Treynor Ratio | (1.34) |
Copper Fox Metals Backtested Returns
Copper Fox appears to be out of control, given 3 months investment horizon. Copper Fox Metals secures Sharpe Ratio (or Efficiency) of 0.0368, which signifies that the company had a 0.0368% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Copper Fox Metals, which you can use to evaluate the volatility of the firm. Please makes use of Copper Fox's Risk Adjusted Performance of 0.0373, mean deviation of 4.39, and Downside Deviation of 8.63 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Copper Fox holds a performance score of 2. The firm shows a Beta (market volatility) of -0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Copper Fox are expected to decrease at a much lower rate. During the bear market, Copper Fox is likely to outperform the market. Please check Copper Fox's sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Copper Fox's price patterns will revert.
Auto-correlation | -0.02 |
Very weak reverse predictability
Copper Fox Metals has very weak reverse predictability. Overlapping area represents the amount of predictability between Copper Fox time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 Copper Fox Metals price movement. The serial correlation of -0.02 indicates that only 2.0% of current Copper Fox price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Copper Fox Metals lagged returns against current returns
Autocorrelation, which is Copper Fox 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 Copper Fox's stock expected returns. We can calculate the autocorrelation of Copper Fox returns to help us make a trade decision. For example, suppose you find that Copper Fox 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 |
| Timeline |
Copper Fox 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 Copper Fox stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Copper Fox stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Copper Fox stock over time.
Current vs Lagged Prices |
| Timeline |
Copper Fox Lagged Returns
When evaluating Copper Fox's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Copper Fox stock have on its future price. Copper Fox 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, Copper Fox autocorrelation shows the relationship between Copper Fox stock current value and its past values and can show if there is a momentum factor associated with investing in Copper Fox Metals.
Regressed Prices |
| Timeline |
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Additional Tools for Copper Stock Analysis
When running Copper Fox's price analysis, check to measure Copper Fox's 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 Copper Fox is operating at the current time. Most of Copper Fox's value examination focuses on studying past and present price action to predict the probability of Copper Fox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Copper Fox's price. Additionally, you may evaluate how the addition of Copper Fox to your portfolios can decrease your overall portfolio volatility.