Canstar Resources Stock Market Value
| ROX Stock | CAD 0.07 0.01 8.33% |
| Symbol | Canstar |
Canstar Resources Price To Book Ratio
Canstar 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 Canstar Resources' 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 Canstar Resources.
| 06/28/2025 |
| 12/25/2025 |
If you would invest 0.00 in Canstar Resources on June 28, 2025 and sell it all today you would earn a total of 0.00 from holding Canstar Resources or generate 0.0% return on investment in Canstar Resources over 180 days. Canstar Resources is related to or competes with Uranium Valley, and Copaur Minerals. Canstar Resources Inc., a junior resource company, focuses primarily on the acquisition, exploration, and development of... More
Canstar 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 Canstar Resources' 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 Canstar Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 15.27 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 30.95 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 16.67 |
Canstar Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canstar Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Canstar Resources' standard deviation. In reality, there are many statistical measures that can use Canstar Resources historical prices to predict the future Canstar Resources' volatility.| Risk Adjusted Performance | 0.0125 | |||
| Jensen Alpha | 0.1972 | |||
| Total Risk Alpha | (0.59) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.01) |
Canstar Resources Backtested Returns
At this stage we consider Canstar Stock to be out of control. Canstar Resources secures Sharpe Ratio (or Efficiency) of 0.0222, which signifies that the company had a 0.0222 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Canstar Resources, which you can use to evaluate the volatility of the firm. Please confirm Canstar Resources' Risk Adjusted Performance of 0.0125, downside deviation of 15.27, and Mean Deviation of 3.53 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Canstar Resources has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -2.93, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Canstar Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Canstar Resources is expected to outperform it. Canstar Resources right now shows a risk of 7.67%. Please confirm Canstar Resources value at risk, as well as the relationship between the skewness and day typical price , to decide if Canstar Resources will be following its price patterns.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Canstar Resources has insignificant reverse predictability. Overlapping area represents the amount of predictability between Canstar Resources time series from 28th of June 2025 to 26th of September 2025 and 26th of September 2025 to 25th 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 Canstar Resources price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Canstar Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Canstar Resources lagged returns against current returns
Autocorrelation, which is Canstar Resources 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 Canstar Resources' stock expected returns. We can calculate the autocorrelation of Canstar Resources returns to help us make a trade decision. For example, suppose you find that Canstar Resources has exhibited high autocorrelation historically, and you observe that the 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 |
Canstar 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 Canstar Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Canstar Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Canstar Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Canstar Resources Lagged Returns
When evaluating Canstar Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Canstar Resources stock have on its future price. Canstar 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, Canstar Resources autocorrelation shows the relationship between Canstar Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Canstar Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Canstar Stock Analysis
When running Canstar Resources' price analysis, check to measure Canstar Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canstar Resources is operating at the current time. Most of Canstar Resources' value examination focuses on studying past and present price action to predict the probability of Canstar Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canstar Resources' price. Additionally, you may evaluate how the addition of Canstar Resources to your portfolios can decrease your overall portfolio volatility.