49 North Resources Stock Market Value
| FNR Stock | CAD 0.02 0.01 33.33% |
| Symbol | FNR |
49 North Resources Price To Book Ratio
49 North '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 49 North'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 49 North.
| 07/05/2025 |
| 01/01/2026 |
If you would invest 0.00 in 49 North on July 5, 2025 and sell it all today you would earn a total of 0.00 from holding 49 North Resources or generate 0.0% return on investment in 49 North over 180 days. 49 North is related to or competes with Mackenzie Mstr, Crown Capital, and Roadman Investments. 49 North Resources Inc. is a venture capital firm specializing in seed capital and early stage investments More
49 North 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 49 North'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 49 North Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0413 | |||
| Maximum Drawdown | 83.33 |
49 North Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 49 North's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 49 North's standard deviation. In reality, there are many statistical measures that can use 49 North historical prices to predict the future 49 North's volatility.| Risk Adjusted Performance | 0.0429 | |||
| Jensen Alpha | 0.6137 | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.25) |
49 North Resources Backtested Returns
49 North appears to be out of control, given 3 months investment horizon. 49 North Resources retains Efficiency (Sharpe Ratio) of 0.0499, which signifies that the company had a 0.0499 % return per unit of price deviation over the last 3 months. By evaluating 49 North's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please makes use of 49 North's Variance of 110.85, market risk adjusted performance of (0.24), and Information Ratio of 0.0413 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, 49 North holds a performance score of 3. The firm owns a Beta (Systematic Risk) of -1.97, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning 49 North are expected to decrease by larger amounts. On the other hand, during market turmoil, 49 North is expected to outperform it. Please check 49 North's standard deviation and the relationship between the total risk alpha and period momentum indicator , to make a quick decision on whether 49 North's current price history will revert.
Auto-correlation | -0.08 |
Very weak reverse predictability
49 North Resources has very weak reverse predictability. Overlapping area represents the amount of predictability between 49 North time series from 5th of July 2025 to 3rd of October 2025 and 3rd of October 2025 to 1st 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 49 North Resources price movement. The serial correlation of -0.08 indicates that barely 8.0% of current 49 North price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
49 North Resources lagged returns against current returns
Autocorrelation, which is 49 North 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 49 North's stock expected returns. We can calculate the autocorrelation of 49 North returns to help us make a trade decision. For example, suppose you find that 49 North 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 |
49 North 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 49 North stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 49 North stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 49 North stock over time.
Current vs Lagged Prices |
| Timeline |
49 North Lagged Returns
When evaluating 49 North's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 49 North stock have on its future price. 49 North 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, 49 North autocorrelation shows the relationship between 49 North stock current value and its past values and can show if there is a momentum factor associated with investing in 49 North Resources.
Regressed Prices |
| Timeline |
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Additional Tools for FNR Stock Analysis
When running 49 North's price analysis, check to measure 49 North'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 49 North is operating at the current time. Most of 49 North's value examination focuses on studying past and present price action to predict the probability of 49 North's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 49 North's price. Additionally, you may evaluate how the addition of 49 North to your portfolios can decrease your overall portfolio volatility.