Cmc Metals Stock Market Value
| CMCXF Stock | USD 0.09 0 1.75% |
| Symbol | CMC |
CMC Metals '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 CMC Metals' 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 CMC Metals.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in CMC Metals on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding CMC Metals or generate 0.0% return on investment in CMC Metals over 90 days. CMC Metals is related to or competes with Barrister Energy, Altura Energy, Santos, Vaalco Energy, Houston American, Barnwell Industries, and Mexco Energy. CMC Metals Ltd. engages in the acquisition and exploration of mineral properties in Canada and the United States More
CMC Metals 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 CMC Metals' 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 CMC Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.72 | |||
| Information Ratio | 0.0206 | |||
| Maximum Drawdown | 111.82 | |||
| Value At Risk | (23.08) | |||
| Potential Upside | 25.0 |
CMC Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CMC Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CMC Metals' standard deviation. In reality, there are many statistical measures that can use CMC Metals historical prices to predict the future CMC Metals' volatility.| Risk Adjusted Performance | 0.0366 | |||
| Jensen Alpha | 0.6153 | |||
| Total Risk Alpha | (1.99) | |||
| Sortino Ratio | 0.0254 | |||
| Treynor Ratio | (0.50) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CMC Metals' 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.
CMC Metals Backtested Returns
At this point, CMC Metals is out of control. CMC Metals retains Efficiency (Sharpe Ratio) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for CMC Metals, which you can use to evaluate the volatility of the firm. Please confirm CMC Metals' market risk adjusted performance of (0.49), and Coefficient Of Variation of 3429.08 to double-check if the risk estimate we provide is consistent with the expected return of 0.0259%. The firm owns a Beta (Systematic Risk) of -0.96, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning CMC Metals are expected to decrease slowly. On the other hand, during market turmoil, CMC Metals is expected to outperform it slightly. CMC Metals at this time owns a risk of 7.17%. Please confirm CMC Metals potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if CMC Metals will be following its current price history.
Auto-correlation | -0.28 |
Weak reverse predictability
CMC Metals has weak reverse predictability. Overlapping area represents the amount of predictability between CMC Metals time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 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 CMC Metals price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current CMC Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CMC Metals lagged returns against current returns
Autocorrelation, which is CMC Metals 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 CMC Metals' pink sheet expected returns. We can calculate the autocorrelation of CMC Metals returns to help us make a trade decision. For example, suppose you find that CMC Metals 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 |
CMC Metals 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 CMC Metals pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CMC Metals pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CMC Metals pink sheet over time.
Current vs Lagged Prices |
| Timeline |
CMC Metals Lagged Returns
When evaluating CMC Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CMC Metals pink sheet have on its future price. CMC Metals 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, CMC Metals autocorrelation shows the relationship between CMC Metals pink sheet current value and its past values and can show if there is a momentum factor associated with investing in CMC Metals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CMC Pink Sheet
CMC Metals financial ratios help investors to determine whether CMC 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 CMC with respect to the benefits of owning CMC Metals security.