Sanatana Resources Stock Market Value
| STA Stock | CAD 0.12 0.02 14.29% |
| Symbol | Sanatana |
Sanatana Resources Price To Book Ratio
Sanatana 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 Sanatana Resources' 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 Sanatana Resources.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Sanatana Resources on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Sanatana Resources or generate 0.0% return on investment in Sanatana Resources over 30 days. Sanatana Resources is related to or competes with Q Gold, and Gunpoint Exploration. Sanatana Resources Inc. an exploration stage company, engages in the acquisition, exploration, and development of minera... More
Sanatana 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 Sanatana Resources' 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 Sanatana Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 37.07 | |||
| Information Ratio | 0.094 | |||
| Maximum Drawdown | 516.67 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
Sanatana Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sanatana Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sanatana Resources' standard deviation. In reality, there are many statistical measures that can use Sanatana Resources historical prices to predict the future Sanatana Resources' volatility.| Risk Adjusted Performance | 0.0888 | |||
| Jensen Alpha | 6.06 | |||
| Total Risk Alpha | 4.58 | |||
| Sortino Ratio | 0.164 | |||
| Treynor Ratio | 2.84 |
Sanatana Resources Backtested Returns
Sanatana Resources is out of control given 3 months investment horizon. Sanatana Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 6.83% are justified by taking the suggested risk. Use Sanatana Resources Semi Deviation of 15.06, coefficient of variation of 1058.35, and Risk Adjusted Performance of 0.0888 to evaluate company specific risk that cannot be diversified away. Sanatana Resources holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of 2.15, which indicates 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, Sanatana Resources will likely underperform. Use Sanatana Resources maximum drawdown and the relationship between the semi variance and day typical price , to analyze future returns on Sanatana Resources.
Auto-correlation | 0.12 |
Insignificant predictability
Sanatana Resources has insignificant predictability. Overlapping area represents the amount of predictability between Sanatana Resources time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th 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 Sanatana Resources price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Sanatana Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sanatana Resources lagged returns against current returns
Autocorrelation, which is Sanatana Resources 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 Sanatana Resources' stock expected returns. We can calculate the autocorrelation of Sanatana Resources returns to help us make a trade decision. For example, suppose you find that Sanatana Resources 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 |
Sanatana 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 Sanatana Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sanatana Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sanatana Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Sanatana Resources Lagged Returns
When evaluating Sanatana Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sanatana Resources stock have on its future price. Sanatana 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, Sanatana Resources autocorrelation shows the relationship between Sanatana Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Sanatana Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Sanatana Stock Analysis
When running Sanatana Resources' price analysis, check to measure Sanatana Resources' 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 Sanatana Resources is operating at the current time. Most of Sanatana Resources' value examination focuses on studying past and present price action to predict the probability of Sanatana Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sanatana Resources' price. Additionally, you may evaluate how the addition of Sanatana Resources to your portfolios can decrease your overall portfolio volatility.