Interra Copper Corp Stock Market Value
| IMIMF Stock | USD 0.07 0 5.05% |
| Symbol | Interra |
Interra Copper '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 Interra Copper'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 Interra Copper.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Interra Copper on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Interra Copper Corp or generate 0.0% return on investment in Interra Copper over 30 days. Interra Copper is related to or competes with Sherritt International, Metals X, Anglo American, Mundoro Capital, Strategic Resources, OM Holdings, and AMG Advanced. Interra Copper Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of n... More
Interra Copper 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 Interra Copper'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 Interra Copper Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 21.01 | |||
| Information Ratio | 0.0614 | |||
| Maximum Drawdown | 88.2 | |||
| Value At Risk | (21.14) | |||
| Potential Upside | 28.74 |
Interra Copper Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Interra Copper's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Interra Copper's standard deviation. In reality, there are many statistical measures that can use Interra Copper historical prices to predict the future Interra Copper's volatility.| Risk Adjusted Performance | 0.0637 | |||
| Jensen Alpha | 0.8386 | |||
| Total Risk Alpha | (1.38) | |||
| Sortino Ratio | 0.0417 | |||
| Treynor Ratio | 0.7738 |
Interra Copper Corp Backtested Returns
Interra Copper is out of control given 3 months investment horizon. Interra Copper Corp holds Efficiency (Sharpe) Ratio of 0.0721, which attests that the entity had a 0.0721% return per unit of risk over the last 3 months. We have collected data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.05% are justified by taking the suggested risk. Use Interra Copper Corp Downside Deviation of 21.01, risk adjusted performance of 0.0637, and Market Risk Adjusted Performance of 0.7838 to evaluate company specific risk that cannot be diversified away. Interra Copper holds a performance score of 5 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 1.3, which attests to 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, Interra Copper will likely underperform. Use Interra Copper Corp value at risk and the relationship between the expected short fall and period momentum indicator , to analyze future returns on Interra Copper Corp.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Interra Copper Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Interra Copper time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Interra Copper Corp price movement. The serial correlation of -0.2 indicates that over 20.0% of current Interra Copper price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Interra Copper Corp lagged returns against current returns
Autocorrelation, which is Interra Copper 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 Interra Copper's otc stock expected returns. We can calculate the autocorrelation of Interra Copper returns to help us make a trade decision. For example, suppose you find that Interra Copper 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 |
Interra Copper 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 Interra Copper otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Interra Copper otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Interra Copper otc stock over time.
Current vs Lagged Prices |
| Timeline |
Interra Copper Lagged Returns
When evaluating Interra Copper's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Interra Copper otc stock have on its future price. Interra Copper 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, Interra Copper autocorrelation shows the relationship between Interra Copper otc stock current value and its past values and can show if there is a momentum factor associated with investing in Interra Copper Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Interra OTC Stock
Interra Copper financial ratios help investors to determine whether Interra 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 Interra with respect to the benefits of owning Interra Copper security.