REYNA SILVER (Germany) Market Value
| 4ZC Stock | EUR 0.06 0 6.94% |
| Symbol | REYNA |
REYNA SILVER '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 REYNA SILVER'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 REYNA SILVER.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in REYNA SILVER on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding REYNA SILVER P or generate 0.0% return on investment in REYNA SILVER over 60 days. REYNA SILVER is related to or competes with JAPAN AIRLINES, Dairy Farm, International Consolidated, Daito Trust, Hanison Construction, Granite Construction, and Tokyu Construction. Reyna Silver Corp. operates as a silver exploration company in Mexico More
REYNA SILVER 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 REYNA SILVER'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 REYNA SILVER P upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.96 | |||
| Information Ratio | 0.0212 | |||
| Maximum Drawdown | 67.27 | |||
| Value At Risk | (17.18) | |||
| Potential Upside | 16.77 |
REYNA SILVER Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for REYNA SILVER's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as REYNA SILVER's standard deviation. In reality, there are many statistical measures that can use REYNA SILVER historical prices to predict the future REYNA SILVER's volatility.| Risk Adjusted Performance | 0.0281 | |||
| Jensen Alpha | 0.2925 | |||
| Total Risk Alpha | 0.0791 | |||
| Sortino Ratio | 0.0263 | |||
| Treynor Ratio | (0.07) |
REYNA SILVER P Backtested Returns
REYNA SILVER appears to be out of control, given 3 months investment horizon. REYNA SILVER P maintains Sharpe Ratio (i.e., Efficiency) of 0.0277, which implies the firm had a 0.0277% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for REYNA SILVER P, which you can use to evaluate the volatility of the company. Please evaluate REYNA SILVER's Risk Adjusted Performance of 0.0281, semi deviation of 8.35, and Coefficient Of Variation of 4303.17 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, REYNA SILVER holds a performance score of 2. The company holds a Beta of -3.61, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning REYNA SILVER are expected to decrease by larger amounts. On the other hand, during market turmoil, REYNA SILVER is expected to outperform it. Please check REYNA SILVER's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether REYNA SILVER's historical price patterns will revert.
Auto-correlation | 0.27 |
Poor predictability
REYNA SILVER P has poor predictability. Overlapping area represents the amount of predictability between REYNA SILVER time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 REYNA SILVER P price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current REYNA SILVER price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
REYNA SILVER P lagged returns against current returns
Autocorrelation, which is REYNA SILVER 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 REYNA SILVER's stock expected returns. We can calculate the autocorrelation of REYNA SILVER returns to help us make a trade decision. For example, suppose you find that REYNA SILVER 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 |
REYNA SILVER 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 REYNA SILVER stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if REYNA SILVER stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in REYNA SILVER stock over time.
Current vs Lagged Prices |
| Timeline |
REYNA SILVER Lagged Returns
When evaluating REYNA SILVER's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of REYNA SILVER stock have on its future price. REYNA SILVER 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, REYNA SILVER autocorrelation shows the relationship between REYNA SILVER stock current value and its past values and can show if there is a momentum factor associated with investing in REYNA SILVER P.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in REYNA Stock
REYNA SILVER financial ratios help investors to determine whether REYNA 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 REYNA with respect to the benefits of owning REYNA SILVER security.