Commander Resources Stock Market Value
| CMDRF Stock | USD 0.07 0.00 0.00% |
| Symbol | Commander |
Commander 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 Commander Resources' 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 Commander Resources.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Commander Resources on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Commander Resources or generate 0.0% return on investment in Commander Resources over 90 days. Commander Resources is related to or competes with East Africa, and Forsys Metals. Commander Resources Ltd. engages in the acquisition, exploration, and development of base and precious metal projects in... More
Commander 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 Commander Resources' 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 Commander Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0942 | |||
| Maximum Drawdown | 98.8 |
Commander Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Commander Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Commander Resources' standard deviation. In reality, there are many statistical measures that can use Commander Resources historical prices to predict the future Commander Resources' volatility.| Risk Adjusted Performance | 0.0811 | |||
| Jensen Alpha | 0.4994 | |||
| Total Risk Alpha | 3.59 | |||
| Treynor Ratio | (0.24) |
Commander Resources Backtested Returns
Commander Resources is out of control given 3 months investment horizon. Commander Resources secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16 % return per unit of risk over the last 3 months. We were able to interpolate data for sixteen different technical indicators, which can help you to evaluate if expected returns of 2.06% are justified by taking the suggested risk. Use Commander Resources Risk Adjusted Performance of 0.0811, mean deviation of 3.85, and Standard Deviation of 14.2 to evaluate company specific risk that cannot be diversified away. Commander Resources holds a performance score of 12 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -4.9, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Commander Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Commander Resources is expected to outperform it. Use Commander Resources standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and day median price , to analyze future returns on Commander Resources.
Auto-correlation | 0.42 |
Average predictability
Commander Resources has average predictability. Overlapping area represents the amount of predictability between Commander 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 Commander Resources price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Commander Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Commander Resources lagged returns against current returns
Autocorrelation, which is Commander Resources 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 Commander Resources' pink sheet expected returns. We can calculate the autocorrelation of Commander Resources returns to help us make a trade decision. For example, suppose you find that Commander Resources 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 |
Commander 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 Commander Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Commander Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Commander Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Commander Resources Lagged Returns
When evaluating Commander Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Commander Resources pink sheet have on its future price. Commander 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, Commander Resources autocorrelation shows the relationship between Commander Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Commander Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Commander Pink Sheet
Commander Resources financial ratios help investors to determine whether Commander 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 Commander with respect to the benefits of owning Commander Resources security.