Libero Copper Corp Stock Market Value
| LBC Stock | CAD 0.37 0.03 8.82% |
| Symbol | Libero |
Libero Copper Corp Price To Book Ratio
Libero Copper '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 Libero Copper'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 Libero Copper.
| 10/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in Libero Copper on October 13, 2024 and sell it all today you would earn a total of 0.00 from holding Libero Copper Corp or generate 0.0% return on investment in Libero Copper over 60 days. Libero Copper is related to or competes with Ocumetics Technology, Ramp Metals, Lion One, Queens Road, and Mako Mining. Libero Copper Corporation engages in the acquisition, exploration, and development of mineral properties in Canada, the ... More
Libero Copper 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 Libero Copper'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 Libero Copper Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.24 | |||
| Information Ratio | 0.0932 | |||
| Maximum Drawdown | 38.16 | |||
| Value At Risk | (8.57) | |||
| Potential Upside | 10.53 |
Libero Copper Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Libero Copper's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Libero Copper's standard deviation. In reality, there are many statistical measures that can use Libero Copper historical prices to predict the future Libero Copper's volatility.| Risk Adjusted Performance | 0.0898 | |||
| Jensen Alpha | 0.9442 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.0987 | |||
| Treynor Ratio | (0.39) |
Libero Copper Corp Backtested Returns
Libero Copper appears to be out of control, given 3 months investment horizon. Libero Copper Corp has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. By analyzing Libero Copper's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please exercise Libero Copper's Risk Adjusted Performance of 0.0898, mean deviation of 4.47, and Downside Deviation of 6.24 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Libero Copper holds a performance score of 8. The company secures a Beta (Market Risk) of -1.87, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Libero Copper are expected to decrease by larger amounts. On the other hand, during market turmoil, Libero Copper is expected to outperform it. Please check Libero Copper's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether Libero Copper's current price movements will revert.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Libero Copper Corp has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Libero Copper time series from 13th of October 2024 to 12th of November 2024 and 12th of November 2024 to 12th 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 Libero Copper Corp price movement. The serial correlation of -0.74 indicates that around 74.0% of current Libero Copper price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Libero Copper Corp lagged returns against current returns
Autocorrelation, which is Libero Copper 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 Libero Copper's stock expected returns. We can calculate the autocorrelation of Libero Copper returns to help us make a trade decision. For example, suppose you find that Libero Copper 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 |
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Libero Copper 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 Libero Copper stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Libero Copper stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Libero Copper stock over time.
Current vs Lagged Prices |
| Timeline |
Libero Copper Lagged Returns
When evaluating Libero Copper's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Libero Copper stock have on its future price. Libero Copper 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, Libero Copper autocorrelation shows the relationship between Libero Copper stock current value and its past values and can show if there is a momentum factor associated with investing in Libero Copper Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Libero Stock Analysis
When running Libero Copper's price analysis, check to measure Libero Copper'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 Libero Copper is operating at the current time. Most of Libero Copper's value examination focuses on studying past and present price action to predict the probability of Libero Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Libero Copper's price. Additionally, you may evaluate how the addition of Libero Copper to your portfolios can decrease your overall portfolio volatility.