Cariboo Rose Resources Stock Market Value
| CRB Stock | CAD 0.04 0.01 12.50% |
| Symbol | Cariboo |
Cariboo Rose '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 Cariboo Rose'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 Cariboo Rose.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Cariboo Rose on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Cariboo Rose Resources or generate 0.0% return on investment in Cariboo Rose over 90 days. Cariboo Rose is related to or competes with Applied Materials,, Data Communications, CVS HEALTH, Bausch Health, and Quipt Home. Cariboo Rose Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral propert... More
Cariboo Rose 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 Cariboo Rose'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 Cariboo Rose Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 20.77 | |||
| Information Ratio | 0.0357 | |||
| Maximum Drawdown | 45.0 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 25.0 |
Cariboo Rose Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cariboo Rose's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cariboo Rose's standard deviation. In reality, there are many statistical measures that can use Cariboo Rose historical prices to predict the future Cariboo Rose's volatility.| Risk Adjusted Performance | 0.0268 | |||
| Jensen Alpha | 0.2895 | |||
| Total Risk Alpha | 1.7 | |||
| Sortino Ratio | 0.0155 | |||
| Treynor Ratio | 0.2317 |
Cariboo Rose Resources Backtested Returns
Cariboo Rose Resources secures Sharpe Ratio (or Efficiency) of -0.0233, which signifies that the company had a -0.0233 % return per unit of risk over the last 3 months. Cariboo Rose Resources exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cariboo Rose's Risk Adjusted Performance of 0.0268, mean deviation of 3.76, and Downside Deviation of 20.77 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.77, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cariboo Rose's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cariboo Rose is expected to be smaller as well. At this point, Cariboo Rose Resources has a negative expected return of -0.2%. Please make sure to confirm Cariboo Rose's treynor ratio and the relationship between the downside variance and day typical price , to decide if Cariboo Rose Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.02 |
Very weak reverse predictability
Cariboo Rose Resources has very weak reverse predictability. Overlapping area represents the amount of predictability between Cariboo Rose 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 Cariboo Rose Resources price movement. The serial correlation of -0.02 indicates that only 2.0% of current Cariboo Rose price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cariboo Rose Resources lagged returns against current returns
Autocorrelation, which is Cariboo Rose 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 Cariboo Rose's stock expected returns. We can calculate the autocorrelation of Cariboo Rose returns to help us make a trade decision. For example, suppose you find that Cariboo Rose 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 |
Cariboo Rose 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 Cariboo Rose stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cariboo Rose stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cariboo Rose stock over time.
Current vs Lagged Prices |
| Timeline |
Cariboo Rose Lagged Returns
When evaluating Cariboo Rose's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cariboo Rose stock have on its future price. Cariboo Rose 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, Cariboo Rose autocorrelation shows the relationship between Cariboo Rose stock current value and its past values and can show if there is a momentum factor associated with investing in Cariboo Rose Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Cariboo Stock Analysis
When running Cariboo Rose's price analysis, check to measure Cariboo Rose'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 Cariboo Rose is operating at the current time. Most of Cariboo Rose's value examination focuses on studying past and present price action to predict the probability of Cariboo Rose's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cariboo Rose's price. Additionally, you may evaluate how the addition of Cariboo Rose to your portfolios can decrease your overall portfolio volatility.