Zinc One Resources Stock Market Value
| ZZZOF Stock | USD 0.09 0.00 0.00% |
| Symbol | Zinc |
Zinc One '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 Zinc One'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 Zinc One.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Zinc One on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Zinc One Resources or generate 0.0% return on investment in Zinc One over 90 days. Zinc One is related to or competes with South Star, Mundoro Capital, and Strategic Resources. Zinc One Resources Inc. engages in the acquisition, exploration, and development of mineral properties More
Zinc One 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 Zinc One'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 Zinc One Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0363 | |||
| Maximum Drawdown | 13.3 |
Zinc One Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zinc One's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zinc One's standard deviation. In reality, there are many statistical measures that can use Zinc One historical prices to predict the future Zinc One's volatility.| Risk Adjusted Performance | (0.00000659) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | 0.2596 | |||
| Treynor Ratio | 0.1501 |
Zinc One Resources Backtested Returns
Zinc One 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. Zinc One Resources exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zinc One's Standard Deviation of 2.28, mean deviation of 0.434, and Market Risk Adjusted Performance of 0.1601 to validate the risk estimate we provide. The firm maintains a market beta of -0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Zinc One are expected to decrease at a much lower rate. During the bear market, Zinc One is likely to outperform the market. At this point, Zinc One Resources has a negative expected return of -3.0E-4%. Please make sure to check out Zinc One's risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to decide if Zinc One Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Zinc One Resources has no correlation between past and present. Overlapping area represents the amount of predictability between Zinc One 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 Zinc One Resources price movement. The serial correlation of 0.0 indicates that just 0.0% of current Zinc One price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Zinc One Resources lagged returns against current returns
Autocorrelation, which is Zinc One 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 Zinc One's pink sheet expected returns. We can calculate the autocorrelation of Zinc One returns to help us make a trade decision. For example, suppose you find that Zinc One 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 |
Zinc One 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 Zinc One pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zinc One pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zinc One pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Zinc One Lagged Returns
When evaluating Zinc One's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zinc One pink sheet have on its future price. Zinc One 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, Zinc One autocorrelation shows the relationship between Zinc One pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Zinc One Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Zinc Pink Sheet
Zinc One financial ratios help investors to determine whether Zinc 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 Zinc with respect to the benefits of owning Zinc One security.