Batero Gold Corp Stock Market Value
| BAT Stock | CAD 0.04 0.01 20.00% |
| Symbol | Batero |
Batero Gold '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 Batero Gold'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 Batero Gold.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Batero Gold on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Batero Gold Corp or generate 0.0% return on investment in Batero Gold over 30 days. Batero Gold is related to or competes with Libero Copper. Batero Gold Corp. engages in the exploration and development of mineral properties in Colombia More
Batero Gold 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 Batero Gold'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 Batero Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 21.6 | |||
| Information Ratio | 0.0119 | |||
| Maximum Drawdown | 45.0 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 25.0 |
Batero Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Batero Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Batero Gold's standard deviation. In reality, there are many statistical measures that can use Batero Gold historical prices to predict the future Batero Gold's volatility.| Risk Adjusted Performance | 0.0212 | |||
| Jensen Alpha | 0.1337 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0055 | |||
| Treynor Ratio | 0.4024 |
Batero Gold Corp Backtested Returns
At this stage we consider Batero Stock to be out of control. Batero Gold Corp secures Sharpe Ratio (or Efficiency) of 0.0152, which signifies that the company had a 0.0152% return per unit of risk over the last 3 months. We have found thirty technical indicators for Batero Gold Corp, which you can use to evaluate the volatility of the firm. Please confirm Batero Gold's Risk Adjusted Performance of 0.0212, downside deviation of 21.6, and Mean Deviation of 4.52 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. Batero Gold has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.35, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Batero Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Batero Gold is expected to be smaller as well. Batero Gold Corp right now shows a risk of 10.12%. Please confirm Batero Gold Corp maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to decide if Batero Gold Corp will be following its price patterns.
Auto-correlation | 0.24 |
Weak predictability
Batero Gold Corp has weak predictability. Overlapping area represents the amount of predictability between Batero Gold time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Batero Gold Corp price movement. The serial correlation of 0.24 indicates that over 24.0% of current Batero Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Batero Gold Corp lagged returns against current returns
Autocorrelation, which is Batero Gold 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 Batero Gold's stock expected returns. We can calculate the autocorrelation of Batero Gold returns to help us make a trade decision. For example, suppose you find that Batero Gold 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 |
Batero Gold 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 Batero Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Batero Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Batero Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Batero Gold Lagged Returns
When evaluating Batero Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Batero Gold stock have on its future price. Batero Gold 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, Batero Gold autocorrelation shows the relationship between Batero Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Batero Gold Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Batero Stock Analysis
When running Batero Gold's price analysis, check to measure Batero Gold'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 Batero Gold is operating at the current time. Most of Batero Gold's value examination focuses on studying past and present price action to predict the probability of Batero Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Batero Gold's price. Additionally, you may evaluate how the addition of Batero Gold to your portfolios can decrease your overall portfolio volatility.