Spruce Ridge Resources Stock Market Value
| SRCGF Stock | USD 0.06 0 2.29% |
| Symbol | Spruce |
Spruce Ridge '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 Spruce Ridge's 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 Spruce Ridge.
| 10/28/2025 |
| 11/27/2025 |
If you would invest 0.00 in Spruce Ridge on October 28, 2025 and sell it all today you would earn a total of 0.00 from holding Spruce Ridge Resources or generate 0.0% return on investment in Spruce Ridge over 30 days. Spruce Ridge is related to or competes with Progress Software, Smith Micro, Unity Software, and Magic Software. Spruce Ridge Resources Ltd., an exploration-stage company, engages in the acquisition, exploration, and development of m... More
Spruce Ridge 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 Spruce Ridge's 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 Spruce Ridge Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.49 | |||
| Information Ratio | 0.0206 | |||
| Maximum Drawdown | 49.3 | |||
| Value At Risk | (13.87) | |||
| Potential Upside | 14.07 |
Spruce Ridge Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spruce Ridge's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Spruce Ridge's standard deviation. In reality, there are many statistical measures that can use Spruce Ridge historical prices to predict the future Spruce Ridge's volatility.| Risk Adjusted Performance | 0.0282 | |||
| Jensen Alpha | 0.1472 | |||
| Total Risk Alpha | (0.55) | |||
| Sortino Ratio | 0.0231 | |||
| Treynor Ratio | 0.1379 |
Spruce Ridge Resources Backtested Returns
Spruce Ridge appears to be out of control, given 3 months investment horizon. Spruce Ridge Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0301, which indicates the firm had a 0.0301 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Spruce Ridge Resources, which you can use to evaluate the volatility of the company. Please review Spruce Ridge's Coefficient Of Variation of 3597.3, semi deviation of 7.46, and Risk Adjusted Performance of 0.0282 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Spruce Ridge holds a performance score of 2. The entity has a beta of 1.84, which indicates 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, Spruce Ridge will likely underperform. Please check Spruce Ridge's maximum drawdown, skewness, day typical price, as well as the relationship between the downside variance and daily balance of power , to make a quick decision on whether Spruce Ridge's existing price patterns will revert.
Auto-correlation | -0.33 |
Poor reverse predictability
Spruce Ridge Resources has poor reverse predictability. Overlapping area represents the amount of predictability between Spruce Ridge time series from 28th of October 2025 to 12th of November 2025 and 12th of November 2025 to 27th of November 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 Spruce Ridge Resources price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Spruce Ridge price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Spruce Ridge Resources lagged returns against current returns
Autocorrelation, which is Spruce Ridge 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 Spruce Ridge's otc stock expected returns. We can calculate the autocorrelation of Spruce Ridge returns to help us make a trade decision. For example, suppose you find that Spruce Ridge 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 |
Spruce Ridge 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 Spruce Ridge otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Spruce Ridge otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Spruce Ridge otc stock over time.
Current vs Lagged Prices |
| Timeline |
Spruce Ridge Lagged Returns
When evaluating Spruce Ridge's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Spruce Ridge otc stock have on its future price. Spruce Ridge 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, Spruce Ridge autocorrelation shows the relationship between Spruce Ridge otc stock current value and its past values and can show if there is a momentum factor associated with investing in Spruce Ridge Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Spruce OTC Stock
Spruce Ridge financial ratios help investors to determine whether Spruce 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 Spruce with respect to the benefits of owning Spruce Ridge security.