Cartier Resources Stock Market Value
| ECRFF Stock | USD 0.09 0.01 14.90% |
| Symbol | Cartier |
Cartier 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 Cartier 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 Cartier Resources.
| 02/24/2025 |
| 03/26/2025 |
If you would invest 0.00 in Cartier Resources on February 24, 2025 and sell it all today you would earn a total of 0.00 from holding Cartier Resources or generate 0.0% return on investment in Cartier Resources over 30 days. Cartier Resources is related to or competes with Asante Gold, Aurion Resources, Cerrado Gold, and Dynacor Gold. Cartier Resources Inc. engages in the acquisition and exploration of mining properties in Canada More
Cartier 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 Cartier 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 Cartier Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 16.39 | |||
| Information Ratio | 0.0775 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (14.90) | |||
| Potential Upside | 16.67 |
Cartier Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cartier Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cartier Resources' standard deviation. In reality, there are many statistical measures that can use Cartier Resources historical prices to predict the future Cartier Resources' volatility.| Risk Adjusted Performance | 0.0756 | |||
| Jensen Alpha | 0.7787 | |||
| Total Risk Alpha | 0.7476 | |||
| Sortino Ratio | 0.0475 | |||
| Treynor Ratio | 0.9062 |
Cartier Resources Backtested Returns
Cartier Resources is out of control given 3 months investment horizon. Cartier Resources secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11 % return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.07% are justified by taking the suggested risk. Use Cartier Resources Downside Deviation of 16.39, risk adjusted performance of 0.0756, and Mean Deviation of 5.85 to evaluate company specific risk that cannot be diversified away. Cartier Resources holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.86, which signifies possible diversification benefits within a given portfolio. Cartier Resources returns are very sensitive to returns on the market. As the market goes up or down, Cartier Resources is expected to follow. Use Cartier Resources semi variance, day median price, and the relationship between the value at risk and kurtosis , to analyze future returns on Cartier Resources.
Auto-correlation | -0.03 |
Very weak reverse predictability
Cartier Resources has very weak reverse predictability. Overlapping area represents the amount of predictability between Cartier Resources time series from 24th of February 2025 to 11th of March 2025 and 11th of March 2025 to 26th 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 Cartier Resources price movement. The serial correlation of -0.03 indicates that only 3.0% of current Cartier Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cartier Resources lagged returns against current returns
Autocorrelation, which is Cartier 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 Cartier Resources' pink sheet expected returns. We can calculate the autocorrelation of Cartier Resources returns to help us make a trade decision. For example, suppose you find that Cartier 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 |
Cartier 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 Cartier Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cartier 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 Cartier Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Cartier Resources Lagged Returns
When evaluating Cartier Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cartier Resources pink sheet have on its future price. Cartier 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, Cartier Resources autocorrelation shows the relationship between Cartier Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Cartier Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Cartier Pink Sheet
Cartier Resources financial ratios help investors to determine whether Cartier 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 Cartier with respect to the benefits of owning Cartier Resources security.