Usha Resources' market value is the price at which a share of Usha Resources trades on a public exchange. It measures the collective expectations of Usha Resources investors about its performance. Usha Resources is trading at 0.0271 as of the 1st of February 2025. This is a 5.86 percent increase since the beginning of the trading day. The stock's lowest day price was 0.0271. With this module, you can estimate the performance of a buy and hold strategy of Usha Resources and determine expected loss or profit from investing in Usha Resources over a given investment horizon. Check out Usha Resources Correlation, Usha Resources Volatility and Usha Resources Alpha and Beta module to complement your research on Usha Resources.
Please note, there is a significant difference between Usha Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Usha Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Usha Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Usha 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 Usha 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 Usha Resources.
0.00
08/05/2024
No Change 0.00
0.0
In 5 months and 30 days
02/01/2025
0.00
If you would invest 0.00 in Usha Resources on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding Usha Resources or generate 0.0% return on investment in Usha Resources over 180 days. Usha Resources is related to or competes with Monumental Minerals, Scottie Resources, Blackrock Silver, AbraSilver Resource, and Metallic Minerals. Usha Resources Ltd. operates as a mineral acquisition and exploration company More
Usha 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 Usha 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 Usha Resources upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Usha Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Usha Resources' standard deviation. In reality, there are many statistical measures that can use Usha Resources historical prices to predict the future Usha Resources' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Usha Resources. Your research has to be compared to or analyzed against Usha Resources' peers to derive any actionable benefits. When done correctly, Usha Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Usha Resources.
Usha Resources Backtested Returns
Usha Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0385, which indicates the firm had a -0.0385 % return per unit of risk over the last 3 months. Usha Resources exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Usha Resources' Variance of 76.48, coefficient of variation of (3,919), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The entity has a beta of -0.57, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Usha Resources are expected to decrease at a much lower rate. During the bear market, Usha Resources is likely to outperform the market. At this point, Usha Resources has a negative expected return of -0.34%. Please make sure to validate Usha Resources' total risk alpha and the relationship between the skewness and price action indicator , to decide if Usha Resources performance from the past will be repeated at some point in the near future.
Auto-correlation
0.60
Good predictability
Usha Resources has good predictability. Overlapping area represents the amount of predictability between Usha Resources time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 to 1st of February 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 Usha Resources price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Usha Resources price fluctuation can be explain by its past prices.
Correlation Coefficient
0.6
Spearman Rank Test
0.7
Residual Average
0.0
Price Variance
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Usha Resources lagged returns against current returns
Autocorrelation, which is Usha 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 Usha Resources' otc stock expected returns. We can calculate the autocorrelation of Usha Resources returns to help us make a trade decision. For example, suppose you find that Usha 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
Timeline
Usha 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 Usha Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Usha 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 Usha Resources otc stock over time.
Current vs Lagged Prices
Timeline
Usha Resources Lagged Returns
When evaluating Usha Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Usha Resources otc stock have on its future price. Usha 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, Usha Resources autocorrelation shows the relationship between Usha Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in Usha Resources.
Usha Resources financial ratios help investors to determine whether Usha 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 Usha with respect to the benefits of owning Usha Resources security.