Pacific Booker Minerals Stock Market Value
| BKM Stock | CAD 0.85 0.15 15.00% |
| Symbol | Pacific |
Pacific Booker Minerals Price To Book Ratio
Pacific Booker '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 Pacific Booker'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 Pacific Booker.
| 01/25/2023 |
| 12/15/2024 |
If you would invest 0.00 in Pacific Booker on January 25, 2023 and sell it all today you would earn a total of 0.00 from holding Pacific Booker Minerals or generate 0.0% return on investment in Pacific Booker over 690 days. Pacific Booker is related to or competes with Foraco International, Geodrill, Major Drilling, and Bri Chem. Pacific Booker Minerals Inc. engages in the exploration of mineral properties in Canada More
Pacific Booker 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 Pacific Booker'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 Pacific Booker Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.43 | |||
| Information Ratio | 0.0956 | |||
| Maximum Drawdown | 49.59 | |||
| Value At Risk | (12.90) | |||
| Potential Upside | 17.65 |
Pacific Booker Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacific Booker's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pacific Booker's standard deviation. In reality, there are many statistical measures that can use Pacific Booker historical prices to predict the future Pacific Booker's volatility.| Risk Adjusted Performance | 0.0869 | |||
| Jensen Alpha | 0.742 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0791 | |||
| Treynor Ratio | 0.4751 |
Pacific Booker Minerals Backtested Returns
Pacific Booker appears to be out of control, given 3 months investment horizon. Pacific Booker Minerals maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. By analyzing Pacific Booker's technical indicators, you can evaluate if the expected return of 0.97% is justified by implied risk. Please evaluate Pacific Booker's Coefficient Of Variation of 932.44, risk adjusted performance of 0.0869, and Semi Deviation of 7.13 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pacific Booker holds a performance score of 8. The company holds a Beta of 1.93, which implies 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, Pacific Booker will likely underperform. Please check Pacific Booker's value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether Pacific Booker's historical price patterns will revert.
Auto-correlation | 0.25 |
Poor predictability
Pacific Booker Minerals has poor predictability. Overlapping area represents the amount of predictability between Pacific Booker time series from 25th of January 2023 to 5th of January 2024 and 5th of January 2024 to 15th 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 Pacific Booker Minerals price movement. The serial correlation of 0.25 indicates that over 25.0% of current Pacific Booker price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Pacific Booker Minerals lagged returns against current returns
Autocorrelation, which is Pacific Booker 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 Pacific Booker's stock expected returns. We can calculate the autocorrelation of Pacific Booker returns to help us make a trade decision. For example, suppose you find that Pacific Booker 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 |
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Pacific Booker 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 Pacific Booker stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pacific Booker stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pacific Booker stock over time.
Current vs Lagged Prices |
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Pacific Booker Lagged Returns
When evaluating Pacific Booker's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pacific Booker stock have on its future price. Pacific Booker 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, Pacific Booker autocorrelation shows the relationship between Pacific Booker stock current value and its past values and can show if there is a momentum factor associated with investing in Pacific Booker Minerals.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for Pacific Stock Analysis
When running Pacific Booker's price analysis, check to measure Pacific Booker'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 Pacific Booker is operating at the current time. Most of Pacific Booker's value examination focuses on studying past and present price action to predict the probability of Pacific Booker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pacific Booker's price. Additionally, you may evaluate how the addition of Pacific Booker to your portfolios can decrease your overall portfolio volatility.