Global Battery Metals Stock Market Value
| REZZF Stock | USD 0.02 0 22.45% |
| Symbol | Global |
Global Battery '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 Global Battery'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 Global Battery.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Global Battery on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Global Battery Metals or generate 0.0% return on investment in Global Battery over 180 days. Global Battery is related to or competes with Patriot Battery, and Battery Minerals. Global Battery Metals Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada More
Global Battery 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 Global Battery'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 Global Battery Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.41 | |||
| Information Ratio | 0.0746 | |||
| Maximum Drawdown | 99.5 | |||
| Value At Risk | (14.20) | |||
| Potential Upside | 20.0 |
Global Battery Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Battery's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Battery's standard deviation. In reality, there are many statistical measures that can use Global Battery historical prices to predict the future Global Battery's volatility.| Risk Adjusted Performance | 0.0734 | |||
| Jensen Alpha | 1.17 | |||
| Total Risk Alpha | (0.96) | |||
| Sortino Ratio | 0.0926 | |||
| Treynor Ratio | (95.25) |
Global Battery Metals Backtested Returns
Global Battery is out of control given 3 months investment horizon. Global Battery Metals holds Efficiency (Sharpe) Ratio of 0.0846, which attests that the entity had a 0.0846% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.22% are justified by taking the suggested risk. Use Global Battery Metals Risk Adjusted Performance of 0.0734, downside deviation of 11.41, and Market Risk Adjusted Performance of (95.24) to evaluate company specific risk that cannot be diversified away. Global Battery holds a performance score of 6 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -0.0123, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Global Battery are expected to decrease at a much lower rate. During the bear market, Global Battery is likely to outperform the market. Use Global Battery Metals value at risk, as well as the relationship between the skewness and day median price , to analyze future returns on Global Battery Metals.
Auto-correlation | -0.29 |
Weak reverse predictability
Global Battery Metals has weak reverse predictability. Overlapping area represents the amount of predictability between Global Battery time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 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 Global Battery Metals price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Global Battery price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Global Battery Metals lagged returns against current returns
Autocorrelation, which is Global Battery 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 Global Battery's otc stock expected returns. We can calculate the autocorrelation of Global Battery returns to help us make a trade decision. For example, suppose you find that Global Battery 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 |
Global Battery 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 Global Battery otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Battery otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Battery otc stock over time.
Current vs Lagged Prices |
| Timeline |
Global Battery Lagged Returns
When evaluating Global Battery's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Battery otc stock have on its future price. Global Battery 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, Global Battery autocorrelation shows the relationship between Global Battery otc stock current value and its past values and can show if there is a momentum factor associated with investing in Global Battery Metals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Global OTC Stock
Global Battery financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Battery security.