Braveheart Resources Stock Market Value
| RIINF Stock | USD 0.03 0.0005 1.74% |
| Symbol | Braveheart |
Braveheart Resources '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 Braveheart Resources' 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 Braveheart Resources.
| 05/04/2023 |
| 11/24/2024 |
If you would invest 0.00 in Braveheart Resources on May 4, 2023 and sell it all today you would earn a total of 0.00 from holding Braveheart Resources or generate 0.0% return on investment in Braveheart Resources over 570 days. Braveheart Resources is related to or competes with Amarc Resources, Aftermath Silver, and Aurelia Metals. Braveheart Resources Inc., an exploration stage company, acquires, develops, and explores for mineral properties primari... More
Braveheart Resources 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 Braveheart Resources' 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 Braveheart Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.4 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 20.71 | |||
| Value At Risk | (8.28) | |||
| Potential Upside | 5.26 |
Braveheart Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Braveheart Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Braveheart Resources' standard deviation. In reality, there are many statistical measures that can use Braveheart Resources historical prices to predict the future Braveheart Resources' volatility.| Risk Adjusted Performance | 0.0169 | |||
| Jensen Alpha | 0.0701 | |||
| Total Risk Alpha | (0.61) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.14) |
Braveheart Resources Backtested Returns
Braveheart Resources secures Sharpe Ratio (or Efficiency) of -0.0215, which signifies that the company had a -0.0215% return per unit of standard deviation over the last 3 months. Braveheart Resources exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Braveheart Resources' mean deviation of 2.17, and Risk Adjusted Performance of 0.0169 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Braveheart Resources are expected to decrease at a much lower rate. During the bear market, Braveheart Resources is likely to outperform the market. At this point, Braveheart Resources has a negative expected return of -0.0856%. Please make sure to confirm Braveheart Resources' information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to decide if Braveheart Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.31 |
Poor reverse predictability
Braveheart Resources has poor reverse predictability. Overlapping area represents the amount of predictability between Braveheart Resources time series from 4th of May 2023 to 13th of February 2024 and 13th of February 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 Braveheart Resources price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Braveheart Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Braveheart Resources lagged returns against current returns
Autocorrelation, which is Braveheart Resources 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 Braveheart Resources' otc stock expected returns. We can calculate the autocorrelation of Braveheart Resources returns to help us make a trade decision. For example, suppose you find that Braveheart Resources 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 |
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Braveheart Resources 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 Braveheart Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Braveheart Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Braveheart Resources otc stock over time.
Current vs Lagged Prices |
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Braveheart Resources Lagged Returns
When evaluating Braveheart Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Braveheart Resources otc stock have on its future price. Braveheart Resources 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, Braveheart Resources autocorrelation shows the relationship between Braveheart Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in Braveheart Resources.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Braveheart OTC Stock
Braveheart Resources financial ratios help investors to determine whether Braveheart 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 Braveheart with respect to the benefits of owning Braveheart Resources security.