Eagle Plains Resources Stock Market Value
| EGPLF Stock | USD 0.07 0.01 12.50% |
| Symbol | Eagle |
Eagle Plains '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 Eagle Plains' 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 Eagle Plains.
| 11/25/2024 |
| 01/24/2025 |
If you would invest 0.00 in Eagle Plains on November 25, 2024 and sell it all today you would earn a total of 0.00 from holding Eagle Plains Resources or generate 0.0% return on investment in Eagle Plains over 60 days. Eagle Plains is related to or competes with E79 Resources, Amarc Resources, and Mundoro Capital. Eagle Plains Resources Ltd., a junior resource company, acquires, explores for, and develops mineral resource properties... More
Eagle Plains 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 Eagle Plains' 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 Eagle Plains Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 21.93 | |||
| Information Ratio | 0.0374 | |||
| Maximum Drawdown | 76.19 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 22.22 |
Eagle Plains Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eagle Plains' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eagle Plains' standard deviation. In reality, there are many statistical measures that can use Eagle Plains historical prices to predict the future Eagle Plains' volatility.| Risk Adjusted Performance | 0.0441 | |||
| Jensen Alpha | 0.6075 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0239 | |||
| Treynor Ratio | (0.48) |
Eagle Plains Resources Backtested Returns
Eagle Plains appears to be out of control, given 3 months investment horizon. Eagle Plains Resources secures Sharpe Ratio (or Efficiency) of 0.0573, which denotes the company had a 0.0573 % return per unit of risk over the last 3 months. By reviewing Eagle Plains' technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please utilize Eagle Plains' Coefficient Of Variation of 2447.81, mean deviation of 8.02, and Downside Deviation of 21.93 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Eagle Plains holds a performance score of 4. The firm shows a Beta (market volatility) of -1.16, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Eagle Plains are expected to decrease by larger amounts. On the other hand, during market turmoil, Eagle Plains is expected to outperform it. Please check Eagle Plains' information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Eagle Plains' price patterns will revert.
Auto-correlation | 0.13 |
Insignificant predictability
Eagle Plains Resources has insignificant predictability. Overlapping area represents the amount of predictability between Eagle Plains time series from 25th of November 2024 to 25th of December 2024 and 25th of December 2024 to 24th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Eagle Plains Resources price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Eagle Plains price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Eagle Plains Resources lagged returns against current returns
Autocorrelation, which is Eagle Plains 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 Eagle Plains' pink sheet expected returns. We can calculate the autocorrelation of Eagle Plains returns to help us make a trade decision. For example, suppose you find that Eagle Plains 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 |
Eagle Plains 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 Eagle Plains pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eagle Plains pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eagle Plains pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Eagle Plains Lagged Returns
When evaluating Eagle Plains' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eagle Plains pink sheet have on its future price. Eagle Plains 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, Eagle Plains autocorrelation shows the relationship between Eagle Plains pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Eagle Plains Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Eagle Pink Sheet
Eagle Plains financial ratios help investors to determine whether Eagle 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 Eagle with respect to the benefits of owning Eagle Plains security.