Argenta Silver Corp Stock Market Value
| AGAG Stock | 0.25 0.01 4.17% |
| Symbol | Argenta |
Argenta 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 Argenta 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 Argenta Silver.
| 12/04/2024 |
| 01/03/2025 |
If you would invest 0.00 in Argenta Silver on December 4, 2024 and sell it all today you would earn a total of 0.00 from holding Argenta Silver Corp or generate 0.0% return on investment in Argenta Silver over 30 days. Argenta Silver is related to or competes with Forsys Metals, Nicola Mining, Economic Investment, MTY Food, Westshore Terminals, and Goodfood Market. Argenta Silver is entity of Canada. It is traded as Stock on V exchange. More
Argenta 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 Argenta 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 Argenta Silver Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.36 | |||
| Information Ratio | 0.0893 | |||
| Maximum Drawdown | 155.28 | |||
| Value At Risk | (10.53) | |||
| Potential Upside | 13.16 |
Argenta Silver Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Argenta Silver's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Argenta Silver's standard deviation. In reality, there are many statistical measures that can use Argenta Silver historical prices to predict the future Argenta Silver's volatility.| Risk Adjusted Performance | 0.083 | |||
| Jensen Alpha | 1.62 | |||
| Total Risk Alpha | 1.34 | |||
| Sortino Ratio | 0.1921 | |||
| Treynor Ratio | (3.86) |
Argenta Silver Corp Backtested Returns
Argenta Silver is out of control given 3 months investment horizon. Argenta Silver Corp secures Sharpe Ratio (or Efficiency) of 0.0941, which signifies that the company had a 0.0941% return per unit of standard deviation over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.76% are justified by taking the suggested risk. Use Argenta Silver risk adjusted performance of 0.083, and Mean Deviation of 6.7 to evaluate company specific risk that cannot be diversified away. Argenta Silver holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Argenta Silver are expected to decrease at a much lower rate. During the bear market, Argenta Silver is likely to outperform the market. Use Argenta Silver coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to analyze future returns on Argenta Silver.
Auto-correlation | -0.49 |
Modest reverse predictability
Argenta Silver Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Argenta Silver time series from 4th of December 2024 to 19th of December 2024 and 19th of December 2024 to 3rd 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 Argenta Silver Corp price movement. The serial correlation of -0.49 indicates that about 49.0% of current Argenta Silver price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Argenta Silver Corp lagged returns against current returns
Autocorrelation, which is Argenta 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 Argenta Silver's stock expected returns. We can calculate the autocorrelation of Argenta Silver returns to help us make a trade decision. For example, suppose you find that Argenta 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 |
Argenta 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 Argenta Silver stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Argenta Silver stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Argenta Silver stock over time.
Current vs Lagged Prices |
| Timeline |
Argenta Silver Lagged Returns
When evaluating Argenta Silver's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Argenta Silver stock have on its future price. Argenta 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, Argenta Silver autocorrelation shows the relationship between Argenta Silver stock current value and its past values and can show if there is a momentum factor associated with investing in Argenta Silver Corp.
Regressed Prices |
| Timeline |
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Additional Tools for Argenta Stock Analysis
When running Argenta Silver's price analysis, check to measure Argenta Silver's 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 Argenta Silver is operating at the current time. Most of Argenta Silver's value examination focuses on studying past and present price action to predict the probability of Argenta Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argenta Silver's price. Additionally, you may evaluate how the addition of Argenta Silver to your portfolios can decrease your overall portfolio volatility.