COPAUR MINERALS (Germany) Market Value
| RFC4 Stock | EUR 0.07 0 2.33% |
| Symbol | COPAUR |
COPAUR MINERALS '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 COPAUR MINERALS'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 COPAUR MINERALS.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in COPAUR MINERALS on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding COPAUR MINERALS INC or generate 0.0% return on investment in COPAUR MINERALS over 60 days. COPAUR MINERALS is related to or competes with Wayside Technology, MACOM Technology, PKSHA TECHNOLOGY, TRADELINK ELECTRON, Salesforce, Tradeweb Markets, and SCOTT TECHNOLOGY. CopAur Minerals Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral ... More
COPAUR MINERALS 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 COPAUR MINERALS'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 COPAUR MINERALS INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 39.42 | |||
| Value At Risk | (11.62) | |||
| Potential Upside | 10.0 |
COPAUR MINERALS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for COPAUR MINERALS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COPAUR MINERALS's standard deviation. In reality, there are many statistical measures that can use COPAUR MINERALS historical prices to predict the future COPAUR MINERALS's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.16) |
COPAUR MINERALS INC Backtested Returns
COPAUR MINERALS INC secures Sharpe Ratio (or Efficiency) of -0.052, which signifies that the company had a -0.052% return per unit of risk over the last 3 months. COPAUR MINERALS INC exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm COPAUR MINERALS's mean deviation of 4.59, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.43, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, COPAUR MINERALS will likely underperform. At this point, COPAUR MINERALS INC has a negative expected return of -0.36%. Please make sure to confirm COPAUR MINERALS's total risk alpha, potential upside, kurtosis, as well as the relationship between the treynor ratio and skewness , to decide if COPAUR MINERALS INC performance from the past will be repeated at future time.
Auto-correlation | 0.28 |
Poor predictability
COPAUR MINERALS INC has poor predictability. Overlapping area represents the amount of predictability between COPAUR MINERALS time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 COPAUR MINERALS INC price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current COPAUR MINERALS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
COPAUR MINERALS INC lagged returns against current returns
Autocorrelation, which is COPAUR MINERALS 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 COPAUR MINERALS's stock expected returns. We can calculate the autocorrelation of COPAUR MINERALS returns to help us make a trade decision. For example, suppose you find that COPAUR MINERALS 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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COPAUR MINERALS 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 COPAUR MINERALS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COPAUR MINERALS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COPAUR MINERALS stock over time.
Current vs Lagged Prices |
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COPAUR MINERALS Lagged Returns
When evaluating COPAUR MINERALS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COPAUR MINERALS stock have on its future price. COPAUR MINERALS 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, COPAUR MINERALS autocorrelation shows the relationship between COPAUR MINERALS stock current value and its past values and can show if there is a momentum factor associated with investing in COPAUR MINERALS INC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in COPAUR Stock
COPAUR MINERALS financial ratios help investors to determine whether COPAUR Stock 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 COPAUR with respect to the benefits of owning COPAUR MINERALS security.