Copper Lake Resources Stock Market Value
| WTCZF Stock | USD 0 0.01 80.00% |
| Symbol | Copper |
Copper Lake '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 Copper Lake'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 Copper Lake.
| 06/25/2024 |
| 12/22/2024 |
If you would invest 0.00 in Copper Lake on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding Copper Lake Resources or generate 0.0% return on investment in Copper Lake over 180 days. Copper Lake Resources Ltd. engages in the exploration, evaluation, and development of mineral properties in Canada More
Copper Lake 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 Copper Lake'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 Copper Lake Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 41.5 | |||
| Information Ratio | 0.081 | |||
| Maximum Drawdown | 177.1 | |||
| Value At Risk | (52.38) | |||
| Potential Upside | 93.88 |
Copper Lake Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Copper Lake's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Copper Lake's standard deviation. In reality, there are many statistical measures that can use Copper Lake historical prices to predict the future Copper Lake's volatility.| Risk Adjusted Performance | 0.0747 | |||
| Jensen Alpha | 2.92 | |||
| Total Risk Alpha | 1.81 | |||
| Sortino Ratio | 0.0659 | |||
| Treynor Ratio | (0.37) |
Copper Lake Resources Backtested Returns
Copper Lake is out of control given 3 months investment horizon. Copper Lake Resources secures Sharpe Ratio (or Efficiency) of 0.0825, which signifies that the company had a 0.0825% return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.81% are justified by taking the suggested risk. Use Copper Lake Downside Deviation of 41.5, mean deviation of 16.1, and Risk Adjusted Performance of 0.0747 to evaluate company specific risk that cannot be diversified away. Copper Lake holds a performance score of 6 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -7.5, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Copper Lake are expected to decrease by larger amounts. On the other hand, during market turmoil, Copper Lake is expected to outperform it. Use Copper Lake potential upside, as well as the relationship between the kurtosis and price action indicator , to analyze future returns on Copper Lake.
Auto-correlation | 0.30 |
Below average predictability
Copper Lake Resources has below average predictability. Overlapping area represents the amount of predictability between Copper Lake time series from 25th of June 2024 to 23rd of September 2024 and 23rd of September 2024 to 22nd 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 Copper Lake Resources price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Copper Lake price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Copper Lake Resources lagged returns against current returns
Autocorrelation, which is Copper Lake 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 Copper Lake's pink sheet expected returns. We can calculate the autocorrelation of Copper Lake returns to help us make a trade decision. For example, suppose you find that Copper Lake 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 |
Copper Lake 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 Copper Lake pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Copper Lake pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Copper Lake pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Copper Lake Lagged Returns
When evaluating Copper Lake's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Copper Lake pink sheet have on its future price. Copper Lake 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, Copper Lake autocorrelation shows the relationship between Copper Lake pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Copper Lake Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Copper Pink Sheet
Copper Lake financial ratios help investors to determine whether Copper 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 Copper with respect to the benefits of owning Copper Lake security.