Barksdale Resources Corp Stock Market Value

BRKCF Stock  USD 0.12  0.01  9.09%   
Barksdale Resources' market value is the price at which a share of Barksdale Resources trades on a public exchange. It measures the collective expectations of Barksdale Resources Corp investors about its performance. Barksdale Resources is trading at 0.12 as of the 16th of May 2024. This is a 9.09 percent increase since the beginning of the trading day. The stock's lowest day price was 0.12.
With this module, you can estimate the performance of a buy and hold strategy of Barksdale Resources Corp and determine expected loss or profit from investing in Barksdale Resources over a given investment horizon. Check out Barksdale Resources Correlation, Barksdale Resources Volatility and Barksdale Resources Alpha and Beta module to complement your research on Barksdale Resources.
Symbol

Please note, there is a significant difference between Barksdale Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Barksdale Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barksdale Resources' 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.

Barksdale Resources '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 Barksdale Resources' 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 Barksdale Resources.
0.00
04/16/2024
No Change 0.00  0.0 
In 31 days
05/16/2024
0.00
If you would invest  0.00  in Barksdale Resources on April 16, 2024 and sell it all today you would earn a total of 0.00 from holding Barksdale Resources Corp or generate 0.0% return on investment in Barksdale Resources over 30 days. Barksdale Resources is related to or competes with BHP Group, Rio Tinto, and Vale SA. Barksdale Resources Corp. focuses on acquiring and exploring precious and base metal projects in the United States and M... More

Barksdale Resources 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 Barksdale Resources' 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 Barksdale Resources Corp upside and downside potential and time the market with a certain degree of confidence.

Barksdale Resources Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Barksdale Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Barksdale Resources' standard deviation. In reality, there are many statistical measures that can use Barksdale Resources historical prices to predict the future Barksdale Resources' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Barksdale Resources' 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.
Hype
Prediction
LowEstimatedHigh
0.010.1210.36
Details
Intrinsic
Valuation
LowRealHigh
0.010.1110.35
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Barksdale Resources. Your research has to be compared to or analyzed against Barksdale Resources' peers to derive any actionable benefits. When done correctly, Barksdale Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Barksdale Resources Corp.

Barksdale Resources Corp Backtested Returns

Barksdale Resources Corp secures Sharpe Ratio (or Efficiency) of -0.0031, which signifies that the company had a -0.0031% return per unit of risk over the last 3 months. Barksdale Resources Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Barksdale Resources' Standard Deviation of 10.46, risk adjusted performance of (0.04), and Mean Deviation of 7.42 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -2.92, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Barksdale Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Barksdale Resources is expected to outperform it. Barksdale Resources Corp has an expected return of -0.0319%. Please make sure to confirm Barksdale Resources Corp treynor ratio and the relationship between the kurtosis and period momentum indicator , to decide if Barksdale Resources Corp performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.56  

Good reverse predictability

Barksdale Resources Corp has good reverse predictability. Overlapping area represents the amount of predictability between Barksdale Resources time series from 16th of April 2024 to 1st of May 2024 and 1st of May 2024 to 16th of May 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Barksdale Resources Corp price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Barksdale Resources price fluctuation can be explain by its past prices.
Correlation Coefficient-0.56
Spearman Rank Test-0.29
Residual Average0.0
Price Variance0.0

Barksdale Resources Corp lagged returns against current returns

Autocorrelation, which is Barksdale Resources 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 Barksdale Resources' otc stock expected returns. We can calculate the autocorrelation of Barksdale Resources returns to help us make a trade decision. For example, suppose you find that Barksdale Resources 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  

Barksdale Resources 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 Barksdale Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Barksdale Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Barksdale Resources otc stock over time.
   Current vs Lagged Prices   
       Timeline  

Barksdale Resources Lagged Returns

When evaluating Barksdale Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Barksdale Resources otc stock have on its future price. Barksdale Resources 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, Barksdale Resources autocorrelation shows the relationship between Barksdale Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in Barksdale Resources Corp.
   Regressed Prices   
       Timeline  

Pair Trading with Barksdale Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Barksdale Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Barksdale Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Barksdale OTC Stock

  0.72PRSEF ProsafePairCorr
  0.58GLCNF Glencore PLCPairCorr
  0.58MCHB Mechanics BankPairCorr
  0.57GLNCY Glencore PLC ADRPairCorr
  0.55BRK-A Berkshire HathawayPairCorr
The ability to find closely correlated positions to Barksdale Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barksdale Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Barksdale Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Barksdale Resources Corp to buy it.
The correlation of Barksdale Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Barksdale Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Barksdale Resources Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Barksdale Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Barksdale Resources Correlation, Barksdale Resources Volatility and Barksdale Resources Alpha and Beta module to complement your research on Barksdale Resources.
Note that the Barksdale Resources Corp information on this page should be used as a complementary analysis to other Barksdale Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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Barksdale Resources technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
A focus of Barksdale Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Barksdale Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...