Canterra Minerals Stock Market Value
| CTMCF Stock | USD 0.05 0 5.42% |
| Symbol | Canterra |
Canterra Minerals '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 Canterra Minerals' otc 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 Canterra Minerals.
| 04/30/2025 |
| 07/29/2025 |
If you would invest 0.00 in Canterra Minerals on April 30, 2025 and sell it all today you would earn a total of 0.00 from holding Canterra Minerals or generate 0.0% return on investment in Canterra Minerals over 90 days. Canterra Minerals Corporation, a resource company, engages in the acquisition, exploration, and evaluation of mineral pr... More
Canterra Minerals 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 Canterra Minerals' otc 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 Canterra Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.89 | |||
| Information Ratio | (0.001) | |||
| Maximum Drawdown | 28.47 | |||
| Value At Risk | (10.18) | |||
| Potential Upside | 10.64 |
Canterra Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canterra Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Canterra Minerals' standard deviation. In reality, there are many statistical measures that can use Canterra Minerals historical prices to predict the future Canterra Minerals' volatility.| Risk Adjusted Performance | 0.0337 | |||
| Jensen Alpha | 0.0534 | |||
| Total Risk Alpha | (1.17) | |||
| Sortino Ratio | (0.0009) | |||
| Treynor Ratio | 0.2603 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Canterra Minerals' 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.
Canterra Minerals Backtested Returns
At this point, Canterra Minerals is out of control. Canterra Minerals secures Sharpe Ratio (or Efficiency) of 0.0325, which signifies that the company had a 0.0325 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Canterra Minerals, which you can use to evaluate the volatility of the firm. Please confirm Canterra Minerals' Mean Deviation of 4.12, downside deviation of 5.89, and Risk Adjusted Performance of 0.0337 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. Canterra Minerals has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.67, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Canterra Minerals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Canterra Minerals is expected to be smaller as well. Canterra Minerals right now shows a risk of 5.71%. Please confirm Canterra Minerals total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Canterra Minerals will be following its price patterns.
Auto-correlation | -0.43 |
Modest reverse predictability
Canterra Minerals has modest reverse predictability. Overlapping area represents the amount of predictability between Canterra Minerals time series from 30th of April 2025 to 14th of June 2025 and 14th of June 2025 to 29th of July 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 Canterra Minerals price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Canterra Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Canterra Minerals lagged returns against current returns
Autocorrelation, which is Canterra Minerals otc 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 Canterra Minerals' otc stock expected returns. We can calculate the autocorrelation of Canterra Minerals returns to help us make a trade decision. For example, suppose you find that Canterra Minerals has exhibited high autocorrelation historically, and you observe that the otc 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 |
Canterra Minerals 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 Canterra Minerals otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Canterra Minerals otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Canterra Minerals otc stock over time.
Current vs Lagged Prices |
| Timeline |
Canterra Minerals Lagged Returns
When evaluating Canterra Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Canterra Minerals otc stock have on its future price. Canterra Minerals 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, Canterra Minerals autocorrelation shows the relationship between Canterra Minerals otc stock current value and its past values and can show if there is a momentum factor associated with investing in Canterra Minerals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| USOI | Credit Suisse X Links | |
| ULTY | Tidal Trust II | |
| CONY | YieldMax N Option | |
| BCAT | BlackRock Capital Allocation | |
| PDI | Pimco Dynamic Income |
Other Information on Investing in Canterra OTC Stock
Canterra Minerals financial ratios help investors to determine whether Canterra OTC Stock 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 Canterra with respect to the benefits of owning Canterra Minerals security.