Canadian Palladium's market value is the price at which a share of Canadian Palladium trades on a public exchange. It measures the collective expectations of Canadian Palladium Resources investors about its performance. Canadian Palladium is trading at 0.0511 as of the 4th of August 2025. This is a 18.89 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.0511. With this module, you can estimate the performance of a buy and hold strategy of Canadian Palladium Resources and determine expected loss or profit from investing in Canadian Palladium over a given investment horizon. Check out Canadian Palladium Correlation, Canadian Palladium Volatility and Canadian Palladium Alpha and Beta module to complement your research on Canadian Palladium.
Please note, there is a significant difference between Canadian Palladium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Palladium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Palladium's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Canadian Palladium '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 Canadian Palladium'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 Canadian Palladium.
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05/06/2025
No Change 0.00
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In 3 months and 1 day
08/04/2025
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If you would invest 0.00 in Canadian Palladium on May 6, 2025 and sell it all today you would earn a total of 0.00 from holding Canadian Palladium Resources or generate 0.0% return on investment in Canadian Palladium over 90 days. Canadian Palladium is related to or competes with Cantex Mine, Amarc Resources, Sterling Metals, Silver X, Group Ten, and Aftermath Silver. Canadian Palladium Resources Inc. engages in the acquisition and exploration of resource properties in North America and... More
Canadian Palladium 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 Canadian Palladium'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 Canadian Palladium Resources 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 Canadian Palladium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Canadian Palladium's standard deviation. In reality, there are many statistical measures that can use Canadian Palladium historical prices to predict the future Canadian Palladium's volatility.
Canadian Palladium appears to be out of control, given 3 months investment horizon. Canadian Palladium secures Sharpe Ratio (or Efficiency) of 0.0491, which signifies that the company had a 0.0491 % return per unit of risk over the last 3 months. By analyzing Canadian Palladium's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please makes use of Canadian Palladium's Downside Deviation of 11.07, mean deviation of 6.29, and Risk Adjusted Performance of 0.0479 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Canadian Palladium holds a performance score of 3. The firm shows a Beta (market volatility) of -1.91, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Canadian Palladium are expected to decrease by larger amounts. On the other hand, during market turmoil, Canadian Palladium is expected to outperform it. Please check Canadian Palladium's sortino ratio, skewness, relative strength index, as well as the relationship between the potential upside and day median price , to make a quick decision on whether Canadian Palladium's price patterns will revert.
Auto-correlation
0.28
Poor predictability
Canadian Palladium Resources has poor predictability. Overlapping area represents the amount of predictability between Canadian Palladium time series from 6th of May 2025 to 20th of June 2025 and 20th of June 2025 to 4th of August 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 Canadian Palladium price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Canadian Palladium price fluctuation can be explain by its past prices.
Correlation Coefficient
0.28
Spearman Rank Test
0.21
Residual Average
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Price Variance
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Canadian Palladium lagged returns against current returns
Autocorrelation, which is Canadian Palladium 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 Canadian Palladium's pink sheet expected returns. We can calculate the autocorrelation of Canadian Palladium returns to help us make a trade decision. For example, suppose you find that Canadian Palladium 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
Canadian Palladium 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 Canadian Palladium pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Canadian Palladium pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Canadian Palladium pink sheet over time.
Current vs Lagged Prices
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Canadian Palladium Lagged Returns
When evaluating Canadian Palladium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Canadian Palladium pink sheet have on its future price. Canadian Palladium 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, Canadian Palladium autocorrelation shows the relationship between Canadian Palladium pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Canadian Palladium Resources.
Other Information on Investing in Canadian Pink Sheet
Canadian Palladium financial ratios help investors to determine whether Canadian 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 Canadian with respect to the benefits of owning Canadian Palladium security.