Anfield Resources Stock Market Value
| AEC Stock | CAD 0.09 0.01 10.00% |
| Symbol | Anfield |
Anfield Resources Price To Book Ratio
Anfield Resources '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 Anfield Resources' 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 Anfield Resources.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Anfield Resources on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Anfield Resources or generate 0.0% return on investment in Anfield Resources over 390 days. Anfield Resources is related to or competes with K2 Gold. Anfield Energy Inc. acquires, explores for, and develops mineral properties in the United States More
Anfield Resources 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 Anfield Resources' 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 Anfield Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.47 | |||
| Information Ratio | 0.0804 | |||
| Maximum Drawdown | 59.52 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 12.5 |
Anfield Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anfield Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anfield Resources' standard deviation. In reality, there are many statistical measures that can use Anfield Resources historical prices to predict the future Anfield Resources' volatility.| Risk Adjusted Performance | 0.0759 | |||
| Jensen Alpha | 0.85 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | 0.0689 | |||
| Treynor Ratio | 2.19 |
Anfield Resources Backtested Returns
Anfield Resources appears to be out of control, given 3 months investment horizon. Anfield Resources secures Sharpe Ratio (or Efficiency) of 0.0939, which signifies that the company had a 0.0939% return per unit of standard deviation over the last 3 months. By analyzing Anfield Resources' technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please makes use of Anfield Resources' risk adjusted performance of 0.0759, and Mean Deviation of 6.18 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Anfield Resources holds a performance score of 7. The firm shows a Beta (market volatility) of 0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Anfield Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Anfield Resources is expected to be smaller as well. Please check Anfield Resources' downside deviation, treynor ratio, expected short fall, as well as the relationship between the jensen alpha and potential upside , to make a quick decision on whether Anfield Resources' price patterns will revert.
Auto-correlation | 0.08 |
Virtually no predictability
Anfield Resources has virtually no predictability. Overlapping area represents the amount of predictability between Anfield Resources time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Anfield Resources price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Anfield Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Anfield Resources lagged returns against current returns
Autocorrelation, which is Anfield Resources 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 Anfield Resources' stock expected returns. We can calculate the autocorrelation of Anfield Resources returns to help us make a trade decision. For example, suppose you find that Anfield Resources 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 |
Anfield Resources 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 Anfield Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anfield Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anfield Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Anfield Resources Lagged Returns
When evaluating Anfield Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anfield Resources stock have on its future price. Anfield Resources 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, Anfield Resources autocorrelation shows the relationship between Anfield Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Anfield Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Anfield Stock Analysis
When running Anfield Resources' price analysis, check to measure Anfield Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Anfield Resources is operating at the current time. Most of Anfield Resources' value examination focuses on studying past and present price action to predict the probability of Anfield Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anfield Resources' price. Additionally, you may evaluate how the addition of Anfield Resources to your portfolios can decrease your overall portfolio volatility.