Bradda Head Lithium Stock Market Value
| BHLIF Stock | USD 0.01 0 18.75% |
| Symbol | Bradda |
Bradda Head '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 Bradda Head'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 Bradda Head.
| 11/23/2024 |
| 12/23/2024 |
If you would invest 0.00 in Bradda Head on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding Bradda Head Lithium or generate 0.0% return on investment in Bradda Head over 30 days. Bradda Head Lithium Limited, through its subsidiaries, engages in the exploration, development, and mining of lithium mi... More
Bradda Head 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 Bradda Head'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 Bradda Head Lithium upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 13.31 |
Bradda Head Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bradda Head's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bradda Head's standard deviation. In reality, there are many statistical measures that can use Bradda Head historical prices to predict the future Bradda Head's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 0.7784 |
Bradda Head Lithium Backtested Returns
Bradda Head Lithium secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of standard deviation over the last 3 months. Bradda Head Lithium exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bradda Head's risk adjusted performance of (0.08), and Mean Deviation of 0.7463 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Bradda Head are expected to decrease at a much lower rate. During the bear market, Bradda Head is likely to outperform the market. At this point, Bradda Head Lithium has a negative expected return of -0.29%. Please make sure to confirm Bradda Head's coefficient of variation, skewness, price action indicator, as well as the relationship between the information ratio and rate of daily change , to decide if Bradda Head Lithium performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Bradda Head Lithium has no correlation between past and present. Overlapping area represents the amount of predictability between Bradda Head time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd 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 Bradda Head Lithium price movement. The serial correlation of 0.0 indicates that just 0.0% of current Bradda Head price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bradda Head Lithium lagged returns against current returns
Autocorrelation, which is Bradda Head 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 Bradda Head's pink sheet expected returns. We can calculate the autocorrelation of Bradda Head returns to help us make a trade decision. For example, suppose you find that Bradda Head 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 |
Bradda Head 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 Bradda Head pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bradda Head pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bradda Head pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bradda Head Lagged Returns
When evaluating Bradda Head's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bradda Head pink sheet have on its future price. Bradda Head 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, Bradda Head autocorrelation shows the relationship between Bradda Head pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bradda Head Lithium.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Bradda Pink Sheet
Bradda Head financial ratios help investors to determine whether Bradda 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 Bradda with respect to the benefits of owning Bradda Head security.