Three Valley Copper Stock Market Value
| TVCCF Stock | USD 0 0 52.38% |
| Symbol | Three |
Three Valley '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 Three Valley's pink sheet 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 Three Valley.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Three Valley on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Three Valley Copper or generate 0.0% return on investment in Three Valley over 30 days. Three Valley is related to or competes with IPG Photonics, Apogee Enterprises, NETGEAR, Lindblad Expeditions, Playtika Holding, Supercom, and Iridium Communications. The company operates in Minera Tres Valles SpA and Corporate segments More
Three Valley 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 Three Valley's pink sheet 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 Three Valley Copper upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 82.41 | |||
| Information Ratio | 0.2046 | |||
| Maximum Drawdown | 7597.5 | |||
| Value At Risk | (80.00) | |||
| Potential Upside | 2000.0 |
Three Valley Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Three Valley's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Three Valley's standard deviation. In reality, there are many statistical measures that can use Three Valley historical prices to predict the future Three Valley's volatility.| Risk Adjusted Performance | 0.1665 | |||
| Jensen Alpha | 225.56 | |||
| Total Risk Alpha | 38.17 | |||
| Sortino Ratio | 2.51 | |||
| Treynor Ratio | (1.42) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Three Valley's 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.
Three Valley Copper Backtested Returns
Three Valley is out of control given 3 months investment horizon. Three Valley Copper owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the firm had a 0.25% return per unit of risk over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 62.85% are justified by taking the suggested risk. Use Three Valley Copper Semi Deviation of 23.3, risk adjusted performance of 0.1665, and Coefficient Of Variation of 488.53 to evaluate company specific risk that cannot be diversified away. Three Valley holds a performance score of 19 on a scale of zero to a hundred. The entity has a beta of -145.83, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Three Valley are expected to decrease by larger amounts. On the other hand, during market turmoil, Three Valley is expected to outperform it. Use Three Valley Copper maximum drawdown, skewness, price action indicator, as well as the relationship between the downside variance and rate of daily change , to analyze future returns on Three Valley Copper.
Auto-correlation | 0.33 |
Below average predictability
Three Valley Copper has below average predictability. Overlapping area represents the amount of predictability between Three Valley time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Three Valley Copper price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Three Valley price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Three Valley Copper lagged returns against current returns
Autocorrelation, which is Three Valley pink sheet'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 Three Valley's pink sheet expected returns. We can calculate the autocorrelation of Three Valley returns to help us make a trade decision. For example, suppose you find that Three Valley has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Three Valley 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 Three Valley pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Three Valley pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Three Valley pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Three Valley Lagged Returns
When evaluating Three Valley's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Three Valley pink sheet have on its future price. Three Valley 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, Three Valley autocorrelation shows the relationship between Three Valley pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Three Valley Copper.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Three Pink Sheet
Three Valley financial ratios help investors to determine whether Three Pink Sheet 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 Three with respect to the benefits of owning Three Valley security.