Wildsky Resources Stock Market Value
| WSK Stock | CAD 0.07 0.01 16.67% |
| Symbol | Wildsky |
Wildsky 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 Wildsky 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 Wildsky Resources.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Wildsky Resources on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Wildsky Resources or generate 0.0% return on investment in Wildsky Resources over 90 days. Wildsky Resources is related to or competes with CoinSmart Financial, Data Communications, Bird Construction, Fairfax Financial, First National, Canso Credit, and CI Financial. Wildsky Resources Inc., through its subsidiary, Cassiar Gold Corp., engages in the acquisition, exploration, and develop... More
Wildsky 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 Wildsky 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 Wildsky Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.025 | |||
| Maximum Drawdown | 55.68 |
Wildsky Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wildsky Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wildsky Resources' standard deviation. In reality, there are many statistical measures that can use Wildsky Resources historical prices to predict the future Wildsky Resources' volatility.| Risk Adjusted Performance | 0.0147 | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | 0.7274 | |||
| Treynor Ratio | (0.01) |
Wildsky Resources Backtested Returns
At this stage we consider Wildsky Stock to be out of control. Wildsky Resources shows Sharpe Ratio of close to zero, which attests that the company had a close to zero % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Wildsky Resources, which you can use to evaluate the volatility of the company. Please check out Wildsky Resources' Standard Deviation of 5.57, mean deviation of 1.14, and insignificant Market Risk Adjusted Performance to validate if the risk estimate we provide is consistent with the expected return of 0.0428%. The firm maintains a market beta of -2.53, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Wildsky Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Wildsky Resources is expected to outperform it. Wildsky Resources right now maintains a risk of 5.75%. Please check out Wildsky Resources kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Wildsky Resources will be following its historical returns.
Auto-correlation | 0.00 |
No correlation between past and present
Wildsky Resources has no correlation between past and present. Overlapping area represents the amount of predictability between Wildsky Resources time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Wildsky Resources price movement. The serial correlation of 0.0 indicates that just 0.0% of current Wildsky Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Wildsky Resources lagged returns against current returns
Autocorrelation, which is Wildsky 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 Wildsky Resources' stock expected returns. We can calculate the autocorrelation of Wildsky Resources returns to help us make a trade decision. For example, suppose you find that Wildsky 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 |
Wildsky 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 Wildsky Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wildsky Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wildsky Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Wildsky Resources Lagged Returns
When evaluating Wildsky Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wildsky Resources stock have on its future price. Wildsky 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, Wildsky Resources autocorrelation shows the relationship between Wildsky Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Wildsky Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Wildsky Stock Analysis
When running Wildsky Resources' price analysis, check to measure Wildsky 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 Wildsky Resources is operating at the current time. Most of Wildsky Resources' value examination focuses on studying past and present price action to predict the probability of Wildsky Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wildsky Resources' price. Additionally, you may evaluate how the addition of Wildsky Resources to your portfolios can decrease your overall portfolio volatility.