Copper Lake Resources Stock Market Value
| CPL Stock | CAD 0.01 0.01 100.00% |
| Symbol | Copper |
Copper Lake Resources Price To Book Ratio
Copper Lake '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 Copper Lake'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 Copper Lake.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Copper Lake on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Copper Lake Resources or generate 0.0% return on investment in Copper Lake over 90 days. Copper Lake Resources Ltd. engages in the exploration, evaluation, and development of mineral properties in Canada More
Copper Lake 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 Copper Lake'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 Copper Lake Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 54.77 | |||
| Information Ratio | 0.1728 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 |
Copper Lake Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Copper Lake's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Copper Lake's standard deviation. In reality, there are many statistical measures that can use Copper Lake historical prices to predict the future Copper Lake's volatility.| Risk Adjusted Performance | 0.1578 | |||
| Jensen Alpha | 5.23 | |||
| Total Risk Alpha | 10.51 | |||
| Sortino Ratio | 0.1125 | |||
| Treynor Ratio | (0.81) |
Copper Lake Resources Backtested Returns
Copper Lake is out of control given 3 months investment horizon. Copper Lake Resources secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13 % return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 4.1% are justified by taking the suggested risk. Use Copper Lake Downside Deviation of 54.77, risk adjusted performance of 0.1578, and Mean Deviation of 19.93 to evaluate company specific risk that cannot be diversified away. Copper Lake holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -7.49, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Copper Lake are expected to decrease by larger amounts. On the other hand, during market turmoil, Copper Lake is expected to outperform it. Use Copper Lake sortino ratio, skewness, relative strength index, as well as the relationship between the potential upside and day median price , to analyze future returns on Copper Lake.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Copper Lake Resources has insignificant reverse predictability. Overlapping area represents the amount of predictability between Copper Lake time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Copper Lake Resources price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Copper Lake price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Copper Lake Resources lagged returns against current returns
Autocorrelation, which is Copper Lake 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 Copper Lake's stock expected returns. We can calculate the autocorrelation of Copper Lake returns to help us make a trade decision. For example, suppose you find that Copper Lake 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 |
Copper Lake 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 Copper Lake stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Copper Lake stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Copper Lake stock over time.
Current vs Lagged Prices |
| Timeline |
Copper Lake Lagged Returns
When evaluating Copper Lake's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Copper Lake stock have on its future price. Copper Lake 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, Copper Lake autocorrelation shows the relationship between Copper Lake stock current value and its past values and can show if there is a momentum factor associated with investing in Copper Lake Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Copper Stock Analysis
When running Copper Lake's price analysis, check to measure Copper Lake'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 Copper Lake is operating at the current time. Most of Copper Lake's value examination focuses on studying past and present price action to predict the probability of Copper Lake's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Copper Lake's price. Additionally, you may evaluate how the addition of Copper Lake to your portfolios can decrease your overall portfolio volatility.