North Bay's market value is the price at which a share of North Bay trades on a public exchange. It measures the collective expectations of North Bay Resources investors about its performance. North Bay is trading at 4.0E-4 as of the 2nd of August 2025. This is a 20 percent down since the beginning of the trading day. The stock's open price was 5.0E-4. With this module, you can estimate the performance of a buy and hold strategy of North Bay Resources and determine expected loss or profit from investing in North Bay over a given investment horizon. Check out North Bay Correlation, North Bay Volatility and North Bay Alpha and Beta module to complement your research on North Bay.
Please note, there is a significant difference between North Bay's value and its price as these two are different measures arrived at by different means. Investors typically determine if North Bay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, North Bay'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.
North Bay '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 North Bay'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 North Bay.
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05/04/2025
No Change 0.00
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In 3 months and 1 day
08/02/2025
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If you would invest 0.00 in North Bay on May 4, 2025 and sell it all today you would earn a total of 0.00 from holding North Bay Resources or generate 0.0% return on investment in North Bay over 90 days. North Bay is related to or competes with Arras Minerals, and Global Acquisitions. North Bay Resources Inc. operates as a natural resources exploration company in North America More
North Bay 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 North Bay'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 North Bay 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 North Bay's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as North Bay's standard deviation. In reality, there are many statistical measures that can use North Bay historical prices to predict the future North Bay's volatility.
North Bay Resources has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. North Bay exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify North Bay's Mean Deviation of 8.08, standard deviation of 12.76, and Risk Adjusted Performance of 0.0074 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 2.68, which conveys 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, North Bay will likely underperform. At this point, North Bay Resources has a negative expected return of -0.034%. Please make sure to verify North Bay's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if North Bay Resources performance from the past will be repeated at some point in the near future.
Auto-correlation
0.44
Average predictability
North Bay Resources has average predictability. Overlapping area represents the amount of predictability between North Bay time series from 4th of May 2025 to 18th of June 2025 and 18th of June 2025 to 2nd 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 North Bay Resources price movement. The serial correlation of 0.44 indicates that just about 44.0% of current North Bay price fluctuation can be explain by its past prices.
Correlation Coefficient
0.44
Spearman Rank Test
0.18
Residual Average
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Price Variance
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North Bay Resources lagged returns against current returns
Autocorrelation, which is North Bay 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 North Bay's pink sheet expected returns. We can calculate the autocorrelation of North Bay returns to help us make a trade decision. For example, suppose you find that North Bay 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
North Bay 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 North Bay pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if North Bay pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in North Bay pink sheet over time.
Current vs Lagged Prices
Timeline
North Bay Lagged Returns
When evaluating North Bay's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of North Bay pink sheet have on its future price. North Bay 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, North Bay autocorrelation shows the relationship between North Bay pink sheet current value and its past values and can show if there is a momentum factor associated with investing in North Bay Resources.
Other Information on Investing in North Pink Sheet
North Bay financial ratios help investors to determine whether North 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 North with respect to the benefits of owning North Bay security.