North Peak Resources Stock Market Value
| BTLLF Stock | USD 0.45 0.01 2.17% |
| Symbol | North |
North Peak '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 North Peak'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 North Peak.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in North Peak on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding North Peak Resources or generate 0.0% return on investment in North Peak over 480 days. North Peak is related to or competes with Lavras Gold, Augusta Gold, White Gold, and Goldshore Resources. North Peak Resources Ltd. engages in the exploration and development of gold properties in Canada and the United States More
North Peak 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 North Peak'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 North Peak Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 40.37 | |||
| Value At Risk | (12.12) | |||
| Potential Upside | 13.46 |
North Peak Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for North Peak's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as North Peak's standard deviation. In reality, there are many statistical measures that can use North Peak historical prices to predict the future North Peak's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (1.51) | |||
| Treynor Ratio | 0.3566 |
North Peak Resources Backtested Returns
North Peak Resources has Sharpe Ratio of -0.0516, which conveys that the firm had a -0.0516% return per unit of risk over the last 3 months. North Peak exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify North Peak's Mean Deviation of 4.01, standard deviation of 6.68, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -1.27, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning North Peak are expected to decrease by larger amounts. On the other hand, during market turmoil, North Peak is expected to outperform it. At this point, North Peak Resources has a negative expected return of -0.35%. Please make sure to verify North Peak's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if North Peak Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.49 |
Average predictability
North Peak Resources has average predictability. Overlapping area represents the amount of predictability between North Peak time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 North Peak Resources price movement. The serial correlation of 0.49 indicates that about 49.0% of current North Peak price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
North Peak Resources lagged returns against current returns
Autocorrelation, which is North Peak 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 North Peak's pink sheet expected returns. We can calculate the autocorrelation of North Peak returns to help us make a trade decision. For example, suppose you find that North Peak 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 |
North Peak 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 North Peak pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if North Peak pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in North Peak pink sheet over time.
Current vs Lagged Prices |
| Timeline |
North Peak Lagged Returns
When evaluating North Peak's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of North Peak pink sheet have on its future price. North Peak 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, North Peak autocorrelation shows the relationship between North Peak pink sheet current value and its past values and can show if there is a momentum factor associated with investing in North Peak Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in North Pink Sheet
North Peak financial ratios help investors to determine whether North 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 North with respect to the benefits of owning North Peak security.