CANEX Metals' market value is the price at which a share of CANEX Metals trades on a public exchange. It measures the collective expectations of CANEX Metals investors about its performance. CANEX Metals is selling for under 0.26 as of the 28th of February 2026; that is 3.7 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.26. With this module, you can estimate the performance of a buy and hold strategy of CANEX Metals and determine expected loss or profit from investing in CANEX Metals over a given investment horizon. Check out CANEX Metals Correlation, CANEX Metals Volatility and CANEX Metals Performance module to complement your research on CANEX Metals.
It's important to distinguish between CANEX Metals' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding CANEX Metals should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, CANEX Metals' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
CANEX Metals '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 CANEX Metals' 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 CANEX Metals.
0.00
11/30/2025
No Change 0.00
0.0
In 2 months and 31 days
02/28/2026
0.00
If you would invest 0.00 in CANEX Metals on November 30, 2025 and sell it all today you would earn a total of 0.00 from holding CANEX Metals or generate 0.0% return on investment in CANEX Metals over 90 days. CANEX Metals is related to or competes with Radius Gold, Precipitate Gold, Trifecta Gold, Walker River, and Riverside Resources. CANEX Metals Inc., a junior exploration company, acquires, explores, and develops mineral properties in Canada More
CANEX Metals 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 CANEX Metals' 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 CANEX Metals upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for CANEX Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CANEX Metals' standard deviation. In reality, there are many statistical measures that can use CANEX Metals historical prices to predict the future CANEX Metals' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CANEX Metals' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
CANEX Metals is out of control given 3 months investment horizon. CANEX Metals secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22 % return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.48% are justified by taking the suggested risk. Use CANEX Metals Coefficient Of Variation of 565.56, mean deviation of 5.56, and Semi Deviation of 5.25 to evaluate company specific risk that cannot be diversified away. CANEX Metals holds a performance score of 17 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.37, which signifies 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, CANEX Metals will likely underperform. Use CANEX Metals information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to analyze future returns on CANEX Metals.
Auto-correlation
0.15
Insignificant predictability
CANEX Metals has insignificant predictability. Overlapping area represents the amount of predictability between CANEX Metals time series from 30th of November 2025 to 14th of January 2026 and 14th of January 2026 to 28th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CANEX Metals price movement. The serial correlation of 0.15 indicates that less than 15.0% of current CANEX Metals price fluctuation can be explain by its past prices.
Correlation Coefficient
0.15
Spearman Rank Test
0.21
Residual Average
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Price Variance
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Thematic Opportunities
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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
When running CANEX Metals' price analysis, check to measure CANEX Metals' 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 CANEX Metals is operating at the current time. Most of CANEX Metals' value examination focuses on studying past and present price action to predict the probability of CANEX Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CANEX Metals' price. Additionally, you may evaluate how the addition of CANEX Metals to your portfolios can decrease your overall portfolio volatility.