Canada Carbon Stock Market Value

BRUZF Stock  USD 0  0  73.68%   
Canada Carbon's market value is the price at which a share of Canada Carbon trades on a public exchange. It measures the collective expectations of Canada Carbon investors about its performance. Canada Carbon is trading at 0.0015 as of the 4th of December 2024. This is a 73.68% down since the beginning of the trading day. The stock's lowest day price was 0.0015.
With this module, you can estimate the performance of a buy and hold strategy of Canada Carbon and determine expected loss or profit from investing in Canada Carbon over a given investment horizon. Check out Canada Carbon Correlation, Canada Carbon Volatility and Canada Carbon Alpha and Beta module to complement your research on Canada Carbon.
Symbol

Please note, there is a significant difference between Canada Carbon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canada Carbon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canada Carbon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Canada Carbon '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 Canada Carbon'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 Canada Carbon.
0.00
11/04/2024
No Change 0.00  0.0 
In 31 days
12/04/2024
0.00
If you would invest  0.00  in Canada Carbon on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Canada Carbon or generate 0.0% return on investment in Canada Carbon over 30 days. Canada Carbon is related to or competes with South Star, Premium Nickel, American Rare, Peak Resources, United Lithium, and Alpha Copper. Canada Carbon Inc. engages in the acquisition, exploration, and evaluation of natural resource properties in Canada More

Canada Carbon 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 Canada Carbon'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 Canada Carbon upside and downside potential and time the market with a certain degree of confidence.

Canada Carbon Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Canada Carbon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Canada Carbon's standard deviation. In reality, there are many statistical measures that can use Canada Carbon historical prices to predict the future Canada Carbon's volatility.
Hype
Prediction
LowEstimatedHigh
0.00043.84
Details
Intrinsic
Valuation
LowRealHigh
0.00043.84
Details
Naive
Forecast
LowNextHigh
0.0000030.000243.84
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.00010.010.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Canada Carbon. Your research has to be compared to or analyzed against Canada Carbon's peers to derive any actionable benefits. When done correctly, Canada Carbon's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Canada Carbon.

Canada Carbon Backtested Returns

Canada Carbon is out of control given 3 months investment horizon. Canada Carbon secures Sharpe Ratio (or Efficiency) of 0.0874, which signifies that the company had a 0.0874% return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 3.83% are justified by taking the suggested risk. Use Canada Carbon Risk Adjusted Performance of 0.0755, mean deviation of 16.06, and Downside Deviation of 51.54 to evaluate company specific risk that cannot be diversified away. Canada Carbon holds a performance score of 6 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.09, which signifies a somewhat significant risk relative to the market. Canada Carbon returns are very sensitive to returns on the market. As the market goes up or down, Canada Carbon is expected to follow. Use Canada Carbon treynor ratio and the relationship between the semi variance and relative strength index , to analyze future returns on Canada Carbon.

Auto-correlation

    
  -0.04  

Very weak reverse predictability

Canada Carbon has very weak reverse predictability. Overlapping area represents the amount of predictability between Canada Carbon time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Canada Carbon price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Canada Carbon price fluctuation can be explain by its past prices.
Correlation Coefficient-0.04
Spearman Rank Test-0.57
Residual Average0.0
Price Variance0.0

Canada Carbon lagged returns against current returns

Autocorrelation, which is Canada Carbon 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 Canada Carbon's pink sheet expected returns. We can calculate the autocorrelation of Canada Carbon returns to help us make a trade decision. For example, suppose you find that Canada Carbon 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  

Canada Carbon 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 Canada Carbon pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Canada Carbon pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Canada Carbon pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Canada Carbon Lagged Returns

When evaluating Canada Carbon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Canada Carbon pink sheet have on its future price. Canada Carbon 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, Canada Carbon autocorrelation shows the relationship between Canada Carbon pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Canada Carbon.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Canada Pink Sheet

Canada Carbon financial ratios help investors to determine whether Canada 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 Canada with respect to the benefits of owning Canada Carbon security.