Northern Graphite Stock Market Value
| NGPHF Stock | USD 0.05 0.01 9.00% |
| Symbol | Northern |
Northern Graphite '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 Northern Graphite'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 Northern Graphite.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Northern Graphite on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Northern Graphite or generate 0.0% return on investment in Northern Graphite over 720 days. Northern Graphite is related to or competes with Guanajuato Silver, Silver One, Bald Eagle, and Discovery Metals. Northern Graphite Corporation explores for and develops graphite properties in Canada More
Northern Graphite 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 Northern Graphite'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 Northern Graphite upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.63 | |||
| Information Ratio | 0.0473 | |||
| Maximum Drawdown | 70.91 | |||
| Value At Risk | (19.24) | |||
| Potential Upside | 25.0 |
Northern Graphite Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Graphite's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Northern Graphite's standard deviation. In reality, there are many statistical measures that can use Northern Graphite historical prices to predict the future Northern Graphite's volatility.| Risk Adjusted Performance | 0.0532 | |||
| Jensen Alpha | 0.5829 | |||
| Total Risk Alpha | (1.20) | |||
| Sortino Ratio | 0.0566 | |||
| Treynor Ratio | 0.6143 |
Northern Graphite Backtested Returns
Northern Graphite appears to be out of control, given 3 months investment horizon. Northern Graphite has Sharpe Ratio of 0.0524, which conveys that the firm had a 0.0524% return per unit of risk over the last 3 months. By analyzing Northern Graphite's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please exercise Northern Graphite's Risk Adjusted Performance of 0.0532, mean deviation of 9.08, and Downside Deviation of 10.63 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Northern Graphite holds a performance score of 4. The company secures a Beta (Market Risk) of 1.17, which conveys 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, Northern Graphite will likely underperform. Please check Northern Graphite's value at risk and the relationship between the expected short fall and market facilitation index , to make a quick decision on whether Northern Graphite's current price movements will revert.
Auto-correlation | 0.88 |
Very good predictability
Northern Graphite has very good predictability. Overlapping area represents the amount of predictability between Northern Graphite time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Northern Graphite price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Northern Graphite price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Northern Graphite lagged returns against current returns
Autocorrelation, which is Northern Graphite 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 Northern Graphite's otc stock expected returns. We can calculate the autocorrelation of Northern Graphite returns to help us make a trade decision. For example, suppose you find that Northern Graphite 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 |
Northern Graphite 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 Northern Graphite otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Northern Graphite otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Northern Graphite otc stock over time.
Current vs Lagged Prices |
| Timeline |
Northern Graphite Lagged Returns
When evaluating Northern Graphite's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Northern Graphite otc stock have on its future price. Northern Graphite 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, Northern Graphite autocorrelation shows the relationship between Northern Graphite otc stock current value and its past values and can show if there is a momentum factor associated with investing in Northern Graphite.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Northern OTC Stock
Northern Graphite financial ratios help investors to determine whether Northern 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 Northern with respect to the benefits of owning Northern Graphite security.