Silver X Mining Stock Market Value
| AGX Stock | 0.19 0.01 5.00% |
| Symbol | Silver |
Silver X Mining Price To Book Ratio
Silver X '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 X'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 X.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Silver X on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Silver X Mining or generate 0.0% return on investment in Silver X over 90 days. Silver X is related to or competes with Guanajuato Silver, Outcrop Gold, Aftermath Silver, and Santacruz Silv. Amador Gold Corporation, a resource exploration company, engages in the acquisition, exploration, and evaluation of mineral projects in Canada. More
Silver X 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 X'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 X Mining upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.02 | |||
| Maximum Drawdown | 21.64 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 6.25 |
Silver X Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silver X's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Silver X's standard deviation. In reality, there are many statistical measures that can use Silver X historical prices to predict the future Silver X's volatility.| Risk Adjusted Performance | 0.0026 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | 0.7906 | |||
| Treynor Ratio | 0.1123 |
Silver X Mining Backtested Returns
Silver X Mining owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. Silver X Mining exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Silver X's Coefficient Of Variation of (14,924), risk adjusted performance of 0.0026, and Variance of 24.48 to confirm the risk estimate we provide. The entity has a beta of -0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Silver X are expected to decrease at a much lower rate. During the bear market, Silver X is likely to outperform the market. At this point, Silver X Mining has a negative expected return of -0.043%. Please make sure to validate Silver X's treynor ratio, as well as the relationship between the kurtosis and day median price , to decide if Silver X Mining performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.22 |
Weak predictability
Silver X Mining has weak predictability. Overlapping area represents the amount of predictability between Silver X time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 X Mining price movement. The serial correlation of 0.22 indicates that over 22.0% of current Silver X price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Silver X Mining lagged returns against current returns
Autocorrelation, which is Silver X 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 X's stock expected returns. We can calculate the autocorrelation of Silver X returns to help us make a trade decision. For example, suppose you find that Silver X 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 X 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 X stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Silver X stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Silver X stock over time.
Current vs Lagged Prices |
| Timeline |
Silver X Lagged Returns
When evaluating Silver X's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Silver X stock have on its future price. Silver X 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 X autocorrelation shows the relationship between Silver X stock current value and its past values and can show if there is a momentum factor associated with investing in Silver X Mining.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Silver Stock Analysis
When running Silver X's price analysis, check to measure Silver X'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 Silver X is operating at the current time. Most of Silver X's value examination focuses on studying past and present price action to predict the probability of Silver X's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silver X's price. Additionally, you may evaluate how the addition of Silver X to your portfolios can decrease your overall portfolio volatility.