SIERRA MADRE's market value is the price at which a share of SIERRA MADRE trades on a public exchange. It measures the collective expectations of SIERRA MADRE GOLD investors about its performance. SIERRA MADRE is trading at 0.3 as of the 7th of January 2025. This is a 3.45 percent up since the beginning of the trading day. The stock's lowest day price was 0.3. With this module, you can estimate the performance of a buy and hold strategy of SIERRA MADRE GOLD and determine expected loss or profit from investing in SIERRA MADRE over a given investment horizon. Check out SIERRA MADRE Correlation, SIERRA MADRE Volatility and SIERRA MADRE Alpha and Beta module to complement your research on SIERRA MADRE.
Please note, there is a significant difference between SIERRA MADRE's value and its price as these two are different measures arrived at by different means. Investors typically determine if SIERRA MADRE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SIERRA MADRE'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.
SIERRA MADRE '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 SIERRA MADRE'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 SIERRA MADRE.
0.00
12/08/2024
No Change 0.00
0.0
In 31 days
01/07/2025
0.00
If you would invest 0.00 in SIERRA MADRE on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding SIERRA MADRE GOLD or generate 0.0% return on investment in SIERRA MADRE over 30 days. SIERRA MADRE is related to or competes with NEW PACIFIC, Superior Plus, NMI Holdings, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. Sierra Madre Gold and Silver Ltd. engages in the acquisition, exploration, and development of resource properties for th... More
SIERRA MADRE 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 SIERRA MADRE'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 SIERRA MADRE GOLD 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 SIERRA MADRE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SIERRA MADRE's standard deviation. In reality, there are many statistical measures that can use SIERRA MADRE historical prices to predict the future SIERRA MADRE's volatility.
SIERRA MADRE GOLD owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0136, which indicates the firm had a -0.0136% return per unit of volatility over the last 3 months. SIERRA MADRE GOLD exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SIERRA MADRE's risk adjusted performance of 1.0E-4, and Variance of 20.1 to confirm the risk estimate we provide. The entity has a beta of 0.0245, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SIERRA MADRE's returns are expected to increase less than the market. However, during the bear market, the loss of holding SIERRA MADRE is expected to be smaller as well. At this point, SIERRA MADRE GOLD has a negative expected return of -0.0607%. Please make sure to validate SIERRA MADRE's coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to decide if SIERRA MADRE GOLD performance from the past will be repeated at future time.
Auto-correlation
0.15
Insignificant predictability
SIERRA MADRE GOLD has insignificant predictability. Overlapping area represents the amount of predictability between SIERRA MADRE time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th of January 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 SIERRA MADRE GOLD price movement. The serial correlation of 0.15 indicates that less than 15.0% of current SIERRA MADRE price fluctuation can be explain by its past prices.
Correlation Coefficient
0.15
Spearman Rank Test
-0.36
Residual Average
0.0
Price Variance
0.0
SIERRA MADRE GOLD lagged returns against current returns
Autocorrelation, which is SIERRA MADRE 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 SIERRA MADRE's stock expected returns. We can calculate the autocorrelation of SIERRA MADRE returns to help us make a trade decision. For example, suppose you find that SIERRA MADRE 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
SIERRA MADRE 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 SIERRA MADRE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SIERRA MADRE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SIERRA MADRE stock over time.
Current vs Lagged Prices
Timeline
SIERRA MADRE Lagged Returns
When evaluating SIERRA MADRE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SIERRA MADRE stock have on its future price. SIERRA MADRE 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, SIERRA MADRE autocorrelation shows the relationship between SIERRA MADRE stock current value and its past values and can show if there is a momentum factor associated with investing in SIERRA MADRE GOLD.
SIERRA MADRE financial ratios help investors to determine whether SIERRA 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 SIERRA with respect to the benefits of owning SIERRA MADRE security.