Northisle Copper And Stock Market Value
| NTCPF Stock | USD 0.49 0.01 2.08% |
| Symbol | NorthIsle |
NorthIsle 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 NorthIsle Copper's 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 NorthIsle Copper.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in NorthIsle Copper on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding NorthIsle Copper and or generate 0.0% return on investment in NorthIsle Copper over 90 days. NorthIsle Copper is related to or competes with Pampa Metals, Progressive Planet, Cantex Mine, Amarc Resources, and Mundoro Capital. NorthIsle Copper and Gold Inc. engages in the exploration and development of mineral properties in Canada More
NorthIsle 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 NorthIsle Copper's 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 NorthIsle Copper and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.76 | |||
| Information Ratio | 0.1839 | |||
| Maximum Drawdown | 18.41 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 10.0 |
NorthIsle Copper Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NorthIsle Copper's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NorthIsle Copper's standard deviation. In reality, there are many statistical measures that can use NorthIsle Copper historical prices to predict the future NorthIsle Copper's volatility.| Risk Adjusted Performance | 0.1496 | |||
| Jensen Alpha | 0.7566 | |||
| Total Risk Alpha | 1.32 | |||
| Sortino Ratio | 0.1785 | |||
| Treynor Ratio | 5.26 |
NorthIsle Copper Backtested Returns
NorthIsle Copper appears to be out of control, given 3 months investment horizon. NorthIsle Copper has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2 % return per unit of risk over the last 3 months. By analyzing NorthIsle Copper's technical indicators, you can evaluate if the expected return of 0.92% is justified by implied risk. Please exercise NorthIsle Copper's Risk Adjusted Performance of 0.1496, mean deviation of 3.7, and Downside Deviation of 4.76 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, NorthIsle Copper holds a performance score of 15. The company secures a Beta (Market Risk) of 0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NorthIsle Copper's returns are expected to increase less than the market. However, during the bear market, the loss of holding NorthIsle Copper is expected to be smaller as well. Please check NorthIsle Copper's value at risk and the relationship between the expected short fall and market facilitation index , to make a quick decision on whether NorthIsle Copper's current price movements will revert.
Auto-correlation | 0.19 |
Very weak predictability
NorthIsle Copper and has very weak predictability. Overlapping area represents the amount of predictability between NorthIsle Copper 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 NorthIsle Copper price movement. The serial correlation of 0.19 indicates that over 19.0% of current NorthIsle Copper price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
NorthIsle Copper lagged returns against current returns
Autocorrelation, which is NorthIsle Copper 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 NorthIsle Copper's pink sheet expected returns. We can calculate the autocorrelation of NorthIsle Copper returns to help us make a trade decision. For example, suppose you find that NorthIsle Copper 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 |
NorthIsle 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 NorthIsle Copper pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NorthIsle Copper pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NorthIsle Copper pink sheet over time.
Current vs Lagged Prices |
| Timeline |
NorthIsle Copper Lagged Returns
When evaluating NorthIsle Copper's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NorthIsle Copper pink sheet have on its future price. NorthIsle 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, NorthIsle Copper autocorrelation shows the relationship between NorthIsle Copper pink sheet current value and its past values and can show if there is a momentum factor associated with investing in NorthIsle Copper and.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in NorthIsle Pink Sheet
NorthIsle Copper financial ratios help investors to determine whether NorthIsle 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 NorthIsle with respect to the benefits of owning NorthIsle Copper security.