Colibri Resource Corp Stock Market Value
| CBI Stock | CAD 0.05 0.00 0.00% |
| Symbol | Colibri |
Colibri Resource Corp Price To Book Ratio
Colibri Resource '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 Colibri Resource's 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 Colibri Resource.
| 10/21/2022 |
| 10/10/2024 |
If you would invest 0.00 in Colibri Resource on October 21, 2022 and sell it all today you would earn a total of 0.00 from holding Colibri Resource Corp or generate 0.0% return on investment in Colibri Resource over 720 days. Colibri Resource is related to or competes with Carlin Gold. Colibri Resource Corporation, a mineral exploration company, acquires, explores for, and develops mineral properties in ... More
Colibri Resource 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 Colibri Resource's 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 Colibri Resource Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 21.52 | |||
| Information Ratio | 0.0399 | |||
| Maximum Drawdown | 66.67 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 20.0 |
Colibri Resource Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Colibri Resource's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Colibri Resource's standard deviation. In reality, there are many statistical measures that can use Colibri Resource historical prices to predict the future Colibri Resource's volatility.| Risk Adjusted Performance | 0.0517 | |||
| Jensen Alpha | 0.5607 | |||
| Total Risk Alpha | (0.93) | |||
| Sortino Ratio | 0.0201 | |||
| Treynor Ratio | (4.07) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Colibri Resource's 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.
Colibri Resource Corp Backtested Returns
We have found twenty-four technical indicators for Colibri Resource Corp, which you can use to evaluate the volatility of the firm. Please confirm Colibri Resource's Mean Deviation of 5.03, downside deviation of 21.52, and Risk Adjusted Performance of 0.0517 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%. The firm shows a Beta (market volatility) of -0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Colibri Resource are expected to decrease at a much lower rate. During the bear market, Colibri Resource is likely to outperform the market. Colibri Resource Corp right now shows a risk of 7.75%. Please confirm Colibri Resource Corp jensen alpha, potential upside, rate of daily change, as well as the relationship between the treynor ratio and expected short fall , to decide if Colibri Resource Corp will be following its price patterns.
Auto-correlation | 0.33 |
Below average predictability
Colibri Resource Corp has below average predictability. Overlapping area represents the amount of predictability between Colibri Resource time series from 21st of October 2022 to 16th of October 2023 and 16th of October 2023 to 10th of October 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 Colibri Resource Corp price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Colibri Resource price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Colibri Resource Corp lagged returns against current returns
Autocorrelation, which is Colibri Resource 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 Colibri Resource's stock expected returns. We can calculate the autocorrelation of Colibri Resource returns to help us make a trade decision. For example, suppose you find that Colibri Resource has exhibited high autocorrelation historically, and you observe that the 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 |
Colibri Resource 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 Colibri Resource stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Colibri Resource stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Colibri Resource stock over time.
Current vs Lagged Prices |
| Timeline |
Colibri Resource Lagged Returns
When evaluating Colibri Resource's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Colibri Resource stock have on its future price. Colibri Resource 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, Colibri Resource autocorrelation shows the relationship between Colibri Resource stock current value and its past values and can show if there is a momentum factor associated with investing in Colibri Resource Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Colibri Stock Analysis
When running Colibri Resource's price analysis, check to measure Colibri Resource's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Colibri Resource is operating at the current time. Most of Colibri Resource's value examination focuses on studying past and present price action to predict the probability of Colibri Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Colibri Resource's price. Additionally, you may evaluate how the addition of Colibri Resource to your portfolios can decrease your overall portfolio volatility.