Ultra Resources Corp Stock Market Value
| ULT Stock | 0.03 0.01 16.67% |
| Symbol | Ultra |
Ultra Resources Corp Price To Book Ratio
Ultra 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 Ultra 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 Ultra Resources.
| 01/21/2025 |
| 01/16/2026 |
If you would invest 0.00 in Ultra Resources on January 21, 2025 and sell it all today you would earn a total of 0.00 from holding Ultra Resources Corp or generate 0.0% return on investment in Ultra Resources over 360 days. Ultra Resources is related to or competes with Silver Spruce. Empire Rock Minerals Inc. acquires, explores, and develops mineral properties in Canada and Slovakia. More
Ultra 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 Ultra 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 Ultra Resources Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0895 | |||
| Maximum Drawdown | 100.0 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 50.0 |
Ultra Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ultra Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ultra Resources' standard deviation. In reality, there are many statistical measures that can use Ultra Resources historical prices to predict the future Ultra Resources' volatility.| Risk Adjusted Performance | 0.0758 | |||
| Jensen Alpha | 1.6 | |||
| Total Risk Alpha | (0.90) | |||
| Treynor Ratio | 1.09 |
Ultra Resources Corp Backtested Returns
Ultra Resources is out of control given 3 months investment horizon. Ultra Resources Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.06, which indicates the firm had a 0.06 % return per unit of risk over the last 3 months. We were able to interpolate twenty-one different technical indicators, which can help you to evaluate if expected returns of 1.09% are justified by taking the suggested risk. Use Ultra Resources Corp Variance of 342.98, risk adjusted performance of 0.0758, and Coefficient Of Variation of 1047.69 to evaluate company specific risk that cannot be diversified away. Ultra Resources holds a performance score of 4 on a scale of zero to a hundred. The entity has a beta of 1.61, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ultra Resources will likely underperform. Use Ultra Resources Corp treynor ratio and rate of daily change , to analyze future returns on Ultra Resources Corp.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Ultra Resources Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Ultra Resources time series from 21st of January 2025 to 20th of July 2025 and 20th of July 2025 to 16th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ultra Resources Corp price movement. The serial correlation of -0.18 indicates that over 18.0% of current Ultra Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ultra Resources Corp lagged returns against current returns
Autocorrelation, which is Ultra 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 Ultra Resources' stock expected returns. We can calculate the autocorrelation of Ultra Resources returns to help us make a trade decision. For example, suppose you find that Ultra 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 |
Ultra 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 Ultra Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ultra Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ultra Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Ultra Resources Lagged Returns
When evaluating Ultra Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ultra Resources stock have on its future price. Ultra 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, Ultra Resources autocorrelation shows the relationship between Ultra Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Ultra Resources Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Ultra Stock Analysis
When running Ultra Resources' price analysis, check to measure Ultra 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 Ultra Resources is operating at the current time. Most of Ultra Resources' value examination focuses on studying past and present price action to predict the probability of Ultra Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultra Resources' price. Additionally, you may evaluate how the addition of Ultra Resources to your portfolios can decrease your overall portfolio volatility.