Opawica Explorations Stock Market Value
| OPWEF Stock | USD 0.05 0.01 10.80% |
| Symbol | Opawica |
Opawica Explorations '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 Opawica Explorations' 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 Opawica Explorations.
| 01/01/2025 |
| 12/27/2025 |
If you would invest 0.00 in Opawica Explorations on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Opawica Explorations or generate 0.0% return on investment in Opawica Explorations over 360 days. Opawica Explorations is related to or competes with Lincoln Gold. Opawica Explorations Inc., a junior resource company, engages in the acquisition, exploration, and evaluation of mineral... More
Opawica Explorations 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 Opawica Explorations' 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 Opawica Explorations upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.37 | |||
| Information Ratio | 0.0215 | |||
| Maximum Drawdown | 61.16 | |||
| Value At Risk | (19.73) | |||
| Potential Upside | 28.26 |
Opawica Explorations Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Opawica Explorations' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Opawica Explorations' standard deviation. In reality, there are many statistical measures that can use Opawica Explorations historical prices to predict the future Opawica Explorations' volatility.| Risk Adjusted Performance | 0.0297 | |||
| Jensen Alpha | 0.4332 | |||
| Total Risk Alpha | (0.89) | |||
| Sortino Ratio | 0.0214 | |||
| Treynor Ratio | (0.21) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Opawica Explorations' 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.
Opawica Explorations Backtested Returns
Opawica Explorations appears to be out of control, given 3 months investment horizon. Opawica Explorations maintains Sharpe Ratio (i.e., Efficiency) of 0.029, which implies the firm had a 0.029 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Opawica Explorations, which you can use to evaluate the volatility of the company. Please evaluate Opawica Explorations' Semi Deviation of 7.68, risk adjusted performance of 0.0297, and Coefficient Of Variation of 3445.56 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Opawica Explorations holds a performance score of 2. The company holds a Beta of -1.53, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Opawica Explorations are expected to decrease by larger amounts. On the other hand, during market turmoil, Opawica Explorations is expected to outperform it. Please check Opawica Explorations' potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether Opawica Explorations' historical price patterns will revert.
Auto-correlation | 0.01 |
Virtually no predictability
Opawica Explorations has virtually no predictability. Overlapping area represents the amount of predictability between Opawica Explorations time series from 1st of January 2025 to 30th of June 2025 and 30th of June 2025 to 27th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Opawica Explorations price movement. The serial correlation of 0.01 indicates that just 1.0% of current Opawica Explorations price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Opawica Explorations lagged returns against current returns
Autocorrelation, which is Opawica Explorations 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 Opawica Explorations' otc stock expected returns. We can calculate the autocorrelation of Opawica Explorations returns to help us make a trade decision. For example, suppose you find that Opawica Explorations 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 |
Opawica Explorations 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 Opawica Explorations otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Opawica Explorations otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Opawica Explorations otc stock over time.
Current vs Lagged Prices |
| Timeline |
Opawica Explorations Lagged Returns
When evaluating Opawica Explorations' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Opawica Explorations otc stock have on its future price. Opawica Explorations 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, Opawica Explorations autocorrelation shows the relationship between Opawica Explorations otc stock current value and its past values and can show if there is a momentum factor associated with investing in Opawica Explorations.
Regressed Prices |
| Timeline |
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Other Information on Investing in Opawica OTC Stock
Opawica Explorations financial ratios help investors to determine whether Opawica 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 Opawica with respect to the benefits of owning Opawica Explorations security.