Copper Lake's market value is the price at which a share of Copper Lake trades on a public exchange. It measures the collective expectations of Copper Lake Resources investors about its performance. Copper Lake is trading at 0.0043 as of the 12th of January 2025. This is a 38.57 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.0043. With this module, you can estimate the performance of a buy and hold strategy of Copper Lake Resources and determine expected loss or profit from investing in Copper Lake over a given investment horizon. Check out Copper Lake Correlation, Copper Lake Volatility and Copper Lake Alpha and Beta module to complement your research on Copper Lake.
Please note, there is a significant difference between Copper Lake's value and its price as these two are different measures arrived at by different means. Investors typically determine if Copper Lake is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Copper Lake's 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.
Copper Lake '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 Copper Lake'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 Copper Lake.
0.00
10/14/2024
No Change 0.00
0.0
In 3 months and 1 day
01/12/2025
0.00
If you would invest 0.00 in Copper Lake on October 14, 2024 and sell it all today you would earn a total of 0.00 from holding Copper Lake Resources or generate 0.0% return on investment in Copper Lake over 90 days. Copper Lake is related to or competes with Freegold Ventures, and Adriatic Metals. Copper Lake Resources Ltd. engages in the exploration, evaluation, and development of mineral properties in Canada More
Copper Lake 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 Copper Lake'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 Copper Lake 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 Copper Lake's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Copper Lake's standard deviation. In reality, there are many statistical measures that can use Copper Lake historical prices to predict the future Copper Lake's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Copper Lake. Your research has to be compared to or analyzed against Copper Lake's peers to derive any actionable benefits. When done correctly, Copper Lake's 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 Copper Lake Resources.
Copper Lake Resources Backtested Returns
Copper Lake is out of control given 3 months investment horizon. Copper Lake Resources secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 7.36% are justified by taking the suggested risk. Use Copper Lake Risk Adjusted Performance of 0.1171, mean deviation of 24.13, and Downside Deviation of 40.43 to evaluate company specific risk that cannot be diversified away. Copper Lake holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -4.67, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Copper Lake are expected to decrease by larger amounts. On the other hand, during market turmoil, Copper Lake is expected to outperform it. Use Copper Lake potential upside, as well as the relationship between the kurtosis and price action indicator , to analyze future returns on Copper Lake.
Auto-correlation
0.18
Very weak predictability
Copper Lake Resources has very weak predictability. Overlapping area represents the amount of predictability between Copper Lake time series from 14th of October 2024 to 28th of November 2024 and 28th of November 2024 to 12th of January 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 Copper Lake Resources price movement. The serial correlation of 0.18 indicates that over 18.0% of current Copper Lake price fluctuation can be explain by its past prices.
Correlation Coefficient
0.18
Spearman Rank Test
-0.14
Residual Average
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Price Variance
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Copper Lake Resources lagged returns against current returns
Autocorrelation, which is Copper Lake 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 Copper Lake's pink sheet expected returns. We can calculate the autocorrelation of Copper Lake returns to help us make a trade decision. For example, suppose you find that Copper Lake 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
Copper Lake 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 Copper Lake pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Copper Lake pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Copper Lake pink sheet over time.
Current vs Lagged Prices
Timeline
Copper Lake Lagged Returns
When evaluating Copper Lake's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Copper Lake pink sheet have on its future price. Copper Lake 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, Copper Lake autocorrelation shows the relationship between Copper Lake pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Copper Lake Resources.
Other Information on Investing in Copper Pink Sheet
Copper Lake financial ratios help investors to determine whether Copper 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 Copper with respect to the benefits of owning Copper Lake security.