SIERRA MADRE (Germany) Market Value
| 409 Stock | EUR 0.33 0.06 15.38% |
| Symbol | SIERRA |
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.
| 02/01/2023 |
| 01/21/2025 |
If you would invest 0.00 in SIERRA MADRE on February 1, 2023 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 720 days. SIERRA MADRE is related to or competes with GEELY AUTOMOBILE, Cars, NAKED WINES, Geely Automobile, Ecotel Communication, and GRUPO CARSO-A1. 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.
| Downside Deviation | 8.04 | |||
| Information Ratio | 0.0089 | |||
| Maximum Drawdown | 36.67 | |||
| Value At Risk | (9.30) | |||
| Potential Upside | 12.9 |
SIERRA MADRE Market Risk Indicators
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.| Risk Adjusted Performance | 0.0202 | |||
| Jensen Alpha | 0.0879 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0065 | |||
| Treynor Ratio | (0.09) |
SIERRA MADRE GOLD Backtested Returns
SIERRA MADRE GOLD owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of volatility over the last 3 months. SIERRA MADRE GOLD exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SIERRA MADRE's risk adjusted performance of 0.0202, and Coefficient Of Variation of 7200.53 to confirm the risk estimate we provide. The entity has a beta of -0.81, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SIERRA MADRE are expected to decrease at a much lower rate. During the bear market, SIERRA MADRE is likely to outperform the market. At this point, SIERRA MADRE GOLD has a negative expected return of -0.0051%. Please make sure to validate SIERRA MADRE's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if SIERRA MADRE GOLD performance from the past will be repeated at future time.
Auto-correlation | -0.22 |
Weak reverse predictability
SIERRA MADRE GOLD has weak reverse predictability. Overlapping area represents the amount of predictability between SIERRA MADRE time series from 1st of February 2023 to 27th of January 2024 and 27th of January 2024 to 21st 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 -0.22 indicates that over 22.0% of current SIERRA MADRE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | 0.61 | |
| 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.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SIERRA Stock
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.