Fission 30 Corp Stock Market Value
| FUU Stock | CAD 0.24 0.02 9.09% |
| Symbol | Fission |
Fission 30 Corp Price To Book Ratio
Fission 30 '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 30'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 Fission 30.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Fission 30 on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Fission 30 Corp or generate 0.0% return on investment in Fission 30 over 30 days. Fission 30 is related to or competes with EnCore Energy, Anfield Resources, Skyharbour Resources, and CanAlaska Uranium. Fission 3.0 Corp. engages in the acquisition, exploration, and development of uranium resource properties in Canada and ... More
Fission 30 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 30'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 Fission 30 Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 23.38 | |||
| Value At Risk | (8.00) | |||
| Potential Upside | 9.09 |
Fission 30 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fission 30's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fission 30's standard deviation. In reality, there are many statistical measures that can use Fission 30 historical prices to predict the future Fission 30's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.93) | |||
| Treynor Ratio | (0.43) |
Fission 30 Corp Backtested Returns
Fission 30 Corp secures Sharpe Ratio (or Efficiency) of -0.0218, which denotes the company had a -0.0218% return per unit of risk over the last 3 months. Fission 30 Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fission 30's Standard Deviation of 5.19, variance of 26.9, and Mean Deviation of 3.76 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.26, which means not very significant fluctuations relative to the market. As returns on the market increase, Fission 30's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fission 30 is expected to be smaller as well. At this point, Fission 30 Corp has a negative expected return of -0.11%. Please make sure to confirm Fission 30's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Fission 30 Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.68 |
Very good reverse predictability
Fission 30 Corp has very good reverse predictability. Overlapping area represents the amount of predictability between Fission 30 time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 30 Corp price movement. The serial correlation of -0.68 indicates that around 68.0% of current Fission 30 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Fission 30 Corp lagged returns against current returns
Autocorrelation, which is Fission 30 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 30's stock expected returns. We can calculate the autocorrelation of Fission 30 returns to help us make a trade decision. For example, suppose you find that Fission 30 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 |
Fission 30 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 30 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fission 30 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fission 30 stock over time.
Current vs Lagged Prices |
| Timeline |
Fission 30 Lagged Returns
When evaluating Fission 30's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fission 30 stock have on its future price. Fission 30 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 30 autocorrelation shows the relationship between Fission 30 stock current value and its past values and can show if there is a momentum factor associated with investing in Fission 30 Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Fission Stock Analysis
When running Fission 30's price analysis, check to measure Fission 30'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 Fission 30 is operating at the current time. Most of Fission 30's value examination focuses on studying past and present price action to predict the probability of Fission 30's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fission 30's price. Additionally, you may evaluate how the addition of Fission 30 to your portfolios can decrease your overall portfolio volatility.