Benton Resources Stock Market Value
| BEX Stock | CAD 0.08 0.01 6.67% |
| Symbol | Benton |
Benton Resources Price To Book Ratio
Benton 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 Benton 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 Benton Resources.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Benton Resources on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Benton Resources or generate 0.0% return on investment in Benton Resources over 90 days. Benton Resources is related to or competes with Chibougamau Independent, and Angkor Resources. Benton Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada More
Benton 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 Benton 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 Benton Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.25 | |||
| Information Ratio | 0.0608 | |||
| Maximum Drawdown | 35.0 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 12.5 |
Benton Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Benton Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Benton Resources' standard deviation. In reality, there are many statistical measures that can use Benton Resources historical prices to predict the future Benton Resources' volatility.| Risk Adjusted Performance | 0.0476 | |||
| Jensen Alpha | 0.4517 | |||
| Total Risk Alpha | 1.04 | |||
| Sortino Ratio | 0.0601 | |||
| Treynor Ratio | 0.1575 |
Benton Resources Backtested Returns
Benton Resources appears to be out of control, given 3 months investment horizon. Benton Resources secures Sharpe Ratio (or Efficiency) of 0.0854, which signifies that the company had a 0.0854 % return per unit of risk over the last 3 months. By analyzing Benton Resources' technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please makes use of Benton Resources' Risk Adjusted Performance of 0.0476, mean deviation of 4.2, and Downside Deviation of 6.25 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Benton Resources holds a performance score of 6. The firm shows a Beta (market volatility) of 1.69, 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, Benton Resources will likely underperform. Please check Benton Resources' sortino ratio and the relationship between the potential upside and day median price , to make a quick decision on whether Benton Resources' price patterns will revert.
Auto-correlation | -0.43 |
Modest reverse predictability
Benton Resources has modest reverse predictability. Overlapping area represents the amount of predictability between Benton Resources 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 Benton Resources price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Benton Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Benton Resources lagged returns against current returns
Autocorrelation, which is Benton 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 Benton Resources' stock expected returns. We can calculate the autocorrelation of Benton Resources returns to help us make a trade decision. For example, suppose you find that Benton 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 |
Benton 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 Benton Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Benton Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Benton Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Benton Resources Lagged Returns
When evaluating Benton Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Benton Resources stock have on its future price. Benton 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, Benton Resources autocorrelation shows the relationship between Benton Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Benton Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Benton Stock Analysis
When running Benton Resources' price analysis, check to measure Benton 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 Benton Resources is operating at the current time. Most of Benton Resources' value examination focuses on studying past and present price action to predict the probability of Benton Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Benton Resources' price. Additionally, you may evaluate how the addition of Benton Resources to your portfolios can decrease your overall portfolio volatility.