Bcm Resources Corp Stock Market Value
| B Stock | CAD 0.06 0.01 10.00% |
| Symbol | BCM |
BCM 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 BCM 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 BCM Resources.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in BCM Resources on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding BCM Resources Corp or generate 0.0% return on investment in BCM Resources over 30 days. BCM Resources is related to or competes with Canadian General, CNJ Capital, HOME DEPOT, Brookfield Office, Canso Select, Advent Wireless, and Highwood Asset. BCM Resources Corporation engages in the acquisition, exploration, development, and mining of mineral properties in Cana... More
BCM 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 BCM 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 BCM Resources Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0942 | |||
| Maximum Drawdown | 45.0 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 25.0 |
BCM Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BCM Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BCM Resources' standard deviation. In reality, there are many statistical measures that can use BCM Resources historical prices to predict the future BCM Resources' volatility.| Risk Adjusted Performance | 0.0908 | |||
| Jensen Alpha | 0.8222 | |||
| Total Risk Alpha | 0.6034 | |||
| Treynor Ratio | (0.65) |
BCM Resources Corp Backtested Returns
BCM Resources appears to be out of control, given 3 months investment horizon. BCM Resources Corp secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of return volatility over the last 3 months. By examining BCM Resources' technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please makes use of BCM Resources' Mean Deviation of 3.79, standard deviation of 8.26, and Variance of 68.23 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BCM Resources holds a performance score of 7. The firm shows a Beta (market volatility) of -1.23, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning BCM Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, BCM Resources is expected to outperform it. Please check BCM Resources' jensen alpha and the relationship between the potential upside and day typical price , to make a quick decision on whether BCM Resources' price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
BCM Resources Corp has no correlation between past and present. Overlapping area represents the amount of predictability between BCM Resources time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th 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 BCM Resources Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current BCM Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BCM Resources Corp lagged returns against current returns
Autocorrelation, which is BCM 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 BCM Resources' stock expected returns. We can calculate the autocorrelation of BCM Resources returns to help us make a trade decision. For example, suppose you find that BCM 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 |
BCM 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 BCM Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BCM Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BCM Resources stock over time.
Current vs Lagged Prices |
| Timeline |
BCM Resources Lagged Returns
When evaluating BCM Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BCM Resources stock have on its future price. BCM 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, BCM Resources autocorrelation shows the relationship between BCM Resources stock current value and its past values and can show if there is a momentum factor associated with investing in BCM Resources Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for BCM Stock Analysis
When running BCM Resources' price analysis, check to measure BCM 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 BCM Resources is operating at the current time. Most of BCM Resources' value examination focuses on studying past and present price action to predict the probability of BCM Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BCM Resources' price. Additionally, you may evaluate how the addition of BCM Resources to your portfolios can decrease your overall portfolio volatility.