SILVER BULLET (Germany) Market Value
| 68Q Stock | 0.66 0.02 2.94% |
| Symbol | SILVER |
SILVER BULLET '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 SILVER BULLET'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 SILVER BULLET.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in SILVER BULLET on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding SILVER BULLET DATA or generate 0.0% return on investment in SILVER BULLET over 30 days. SILVER BULLET is related to or competes with Universal Entertainment, Dave Busters, CarsalesCom, Tradegate, Fast Retailing, and MARKET VECTR. More
SILVER BULLET 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 SILVER BULLET'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 SILVER BULLET DATA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.65 | |||
| Information Ratio | 0.2243 | |||
| Maximum Drawdown | 17.89 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 8.77 |
SILVER BULLET Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SILVER BULLET's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SILVER BULLET's standard deviation. In reality, there are many statistical measures that can use SILVER BULLET historical prices to predict the future SILVER BULLET's volatility.| Risk Adjusted Performance | 0.2057 | |||
| Jensen Alpha | 0.7645 | |||
| Total Risk Alpha | 0.6666 | |||
| Sortino Ratio | 0.2798 | |||
| Treynor Ratio | 17.48 |
SILVER BULLET DATA Backtested Returns
SILVER BULLET appears to be dangerous, given 3 months investment horizon. SILVER BULLET DATA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0736, which indicates the firm had a 0.0736 % return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for SILVER BULLET DATA, which you can use to evaluate the volatility of the company. Please review SILVER BULLET's risk adjusted performance of 0.2057, and Coefficient Of Variation of 425.56 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SILVER BULLET holds a performance score of 5. The entity has a beta of 0.0438, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SILVER BULLET's returns are expected to increase less than the market. However, during the bear market, the loss of holding SILVER BULLET is expected to be smaller as well. Please check SILVER BULLET's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether SILVER BULLET's existing price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
SILVER BULLET DATA has no correlation between past and present. Overlapping area represents the amount of predictability between SILVER BULLET time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd 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 SILVER BULLET DATA price movement. The serial correlation of 0.0 indicates that just 0.0% of current SILVER BULLET price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SILVER BULLET DATA lagged returns against current returns
Autocorrelation, which is SILVER BULLET 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 SILVER BULLET's stock expected returns. We can calculate the autocorrelation of SILVER BULLET returns to help us make a trade decision. For example, suppose you find that SILVER BULLET 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 |
SILVER BULLET 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 SILVER BULLET stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SILVER BULLET stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SILVER BULLET stock over time.
Current vs Lagged Prices |
| Timeline |
SILVER BULLET Lagged Returns
When evaluating SILVER BULLET's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SILVER BULLET stock have on its future price. SILVER BULLET 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, SILVER BULLET autocorrelation shows the relationship between SILVER BULLET stock current value and its past values and can show if there is a momentum factor associated with investing in SILVER BULLET DATA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SILVER Stock
SILVER BULLET financial ratios help investors to determine whether SILVER 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 SILVER with respect to the benefits of owning SILVER BULLET security.