Alpha Copper Corp Stock Market Value
| ALCUF Stock | USD 0.29 0.01 3.57% |
| Symbol | Alpha |
Alpha Copper '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 Alpha Copper'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 Alpha Copper.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Alpha Copper on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Alpha Copper Corp or generate 0.0% return on investment in Alpha Copper over 90 days. Alpha Copper is related to or competes with American Rare, Ameriwest Lithium, Aurelia Metals, Amarc Resources, Progressive Planet, Durango Resources, and Sterling Metals. Alpha Copper Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral pr... More
Alpha Copper 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 Alpha Copper'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 Alpha Copper Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.92 | |||
| Information Ratio | 0.1844 | |||
| Maximum Drawdown | 64.3 | |||
| Value At Risk | (8.89) | |||
| Potential Upside | 26.67 |
Alpha Copper Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alpha Copper's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alpha Copper's standard deviation. In reality, there are many statistical measures that can use Alpha Copper historical prices to predict the future Alpha Copper's volatility.| Risk Adjusted Performance | 0.1625 | |||
| Jensen Alpha | 2.28 | |||
| Total Risk Alpha | 3.56 | |||
| Sortino Ratio | 0.2762 | |||
| Treynor Ratio | 1.1 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alpha Copper'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.
Alpha Copper Corp Backtested Returns
Alpha Copper is out of control given 3 months investment horizon. Alpha Copper Corp secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18 % return per unit of risk over the last 3 months. We are able to break down and analyze data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 2.16% are justified by taking the suggested risk. Use Alpha Copper Downside Deviation of 7.92, mean deviation of 8.44, and Risk Adjusted Performance of 0.1625 to evaluate company specific risk that cannot be diversified away. Alpha Copper holds a performance score of 14 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.89, which signifies 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, Alpha Copper will likely underperform. Use Alpha Copper sortino ratio and the relationship between the potential upside and day median price , to analyze future returns on Alpha Copper.
Auto-correlation | 0.48 |
Average predictability
Alpha Copper Corp has average predictability. Overlapping area represents the amount of predictability between Alpha Copper time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Alpha Copper Corp price movement. The serial correlation of 0.48 indicates that about 48.0% of current Alpha Copper price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Alpha Copper Corp lagged returns against current returns
Autocorrelation, which is Alpha Copper 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 Alpha Copper's pink sheet expected returns. We can calculate the autocorrelation of Alpha Copper returns to help us make a trade decision. For example, suppose you find that Alpha Copper 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 |
Alpha Copper 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 Alpha Copper pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alpha Copper pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alpha Copper pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Alpha Copper Lagged Returns
When evaluating Alpha Copper's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alpha Copper pink sheet have on its future price. Alpha Copper 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, Alpha Copper autocorrelation shows the relationship between Alpha Copper pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Alpha Copper Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Alpha Pink Sheet
Alpha Copper financial ratios help investors to determine whether Alpha 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 Alpha with respect to the benefits of owning Alpha Copper security.