Fission Uranium Corp Stock Market Value
| FCUUF Stock | USD 0.60 0.02 3.23% |
| Symbol | Fission |
Fission Uranium '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 Fission Uranium'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 Fission Uranium.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in Fission Uranium on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding Fission Uranium Corp or generate 0.0% return on investment in Fission Uranium over 690 days. Fission Uranium is related to or competes with Purepoint Uranium, EnCore Energy, Elevate Uranium, Isoenergy, and Laramide Resources. Fission Uranium Corp. engages in the acquisition, exploration, and development of uranium resource properties in Canada More
Fission Uranium 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 Fission Uranium'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 Fission Uranium Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 30.29 | |||
| Value At Risk | (7.35) | |||
| Potential Upside | 6.94 |
Fission Uranium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fission Uranium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fission Uranium's standard deviation. In reality, there are many statistical measures that can use Fission Uranium historical prices to predict the future Fission Uranium's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.96) | |||
| Treynor Ratio | (0.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fission Uranium'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.
Fission Uranium Corp Backtested Returns
Fission Uranium Corp secures Sharpe Ratio (or Efficiency) of -0.015, which denotes the company had a -0.015% return per unit of risk over the last 3 months. Fission Uranium Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fission Uranium's Standard Deviation of 4.86, mean deviation of 3.31, and Variance of 23.61 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.24, which means 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, Fission Uranium will likely underperform. At this point, Fission Uranium Corp has a negative expected return of -0.0732%. Please make sure to confirm Fission Uranium's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Fission Uranium Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.42 |
Modest reverse predictability
Fission Uranium Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Fission Uranium time series from 6th of January 2023 to 17th of December 2023 and 17th of December 2023 to 26th 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 Fission Uranium Corp price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Fission Uranium price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Fission Uranium Corp lagged returns against current returns
Autocorrelation, which is Fission Uranium 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 Fission Uranium's otc stock expected returns. We can calculate the autocorrelation of Fission Uranium returns to help us make a trade decision. For example, suppose you find that Fission Uranium 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 |
Fission Uranium 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 Fission Uranium otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fission Uranium otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fission Uranium otc stock over time.
Current vs Lagged Prices |
| Timeline |
Fission Uranium Lagged Returns
When evaluating Fission Uranium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fission Uranium otc stock have on its future price. Fission Uranium 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, Fission Uranium autocorrelation shows the relationship between Fission Uranium otc stock current value and its past values and can show if there is a momentum factor associated with investing in Fission Uranium Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Fission OTC Stock
Fission Uranium financial ratios help investors to determine whether Fission 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 Fission with respect to the benefits of owning Fission Uranium security.