Arctic Star Exploration Stock Market Value
| ADD Stock | CAD 0.02 0.01 100.00% |
| Symbol | Arctic |
Arctic Star Exploration Price To Book Ratio
Arctic Star '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 Arctic Star's 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 Arctic Star.
| 02/02/2025 |
| 03/04/2025 |
If you would invest 0.00 in Arctic Star on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding Arctic Star Exploration or generate 0.0% return on investment in Arctic Star over 30 days. Arctic Star Exploration Corp., a junior natural resource company, acquires, explores for, and develops mineral propertie... More
Arctic Star 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 Arctic Star's 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 Arctic Star Exploration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 54.01 | |||
| Information Ratio | 0.1802 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 |
Arctic Star Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arctic Star's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arctic Star's standard deviation. In reality, there are many statistical measures that can use Arctic Star historical prices to predict the future Arctic Star's volatility.| Risk Adjusted Performance | 0.1435 | |||
| Jensen Alpha | 6.47 | |||
| Total Risk Alpha | 9.89 | |||
| Sortino Ratio | 0.1272 | |||
| Treynor Ratio | (1.22) |
Arctic Star Exploration Backtested Returns
Arctic Star is out of control given 3 months investment horizon. Arctic Star Exploration secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15 % return per unit of standard deviation over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 5.83% are justified by taking the suggested risk. Use Arctic Star risk adjusted performance of 0.1435, and Mean Deviation of 22.59 to evaluate company specific risk that cannot be diversified away. Arctic Star holds a performance score of 12 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -5.57, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Arctic Star are expected to decrease by larger amounts. On the other hand, during market turmoil, Arctic Star is expected to outperform it. Use Arctic Star sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to analyze future returns on Arctic Star.
Auto-correlation | -0.1 |
Very weak reverse predictability
Arctic Star Exploration has very weak reverse predictability. Overlapping area represents the amount of predictability between Arctic Star time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th of March 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 Arctic Star Exploration price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Arctic Star price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Arctic Star Exploration lagged returns against current returns
Autocorrelation, which is Arctic Star 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 Arctic Star's stock expected returns. We can calculate the autocorrelation of Arctic Star returns to help us make a trade decision. For example, suppose you find that Arctic Star 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 |
Arctic Star 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 Arctic Star stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arctic Star stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arctic Star stock over time.
Current vs Lagged Prices |
| Timeline |
Arctic Star Lagged Returns
When evaluating Arctic Star's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arctic Star stock have on its future price. Arctic Star 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, Arctic Star autocorrelation shows the relationship between Arctic Star stock current value and its past values and can show if there is a momentum factor associated with investing in Arctic Star Exploration.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Arctic Stock Analysis
When running Arctic Star's price analysis, check to measure Arctic Star's 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 Arctic Star is operating at the current time. Most of Arctic Star's value examination focuses on studying past and present price action to predict the probability of Arctic Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arctic Star's price. Additionally, you may evaluate how the addition of Arctic Star to your portfolios can decrease your overall portfolio volatility.