Amarc Resources Stock Market Value
| AHR Stock | CAD 0.20 0.01 4.76% |
| Symbol | Amarc |
Amarc Resources Price To Book Ratio
Amarc 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 Amarc 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 Amarc Resources.
| 11/19/2024 |
| 12/19/2024 |
If you would invest 0.00 in Amarc Resources on November 19, 2024 and sell it all today you would earn a total of 0.00 from holding Amarc Resources or generate 0.0% return on investment in Amarc Resources over 30 days. Amarc Resources is related to or competes with Foraco International, and Bri Chem. Amarc Resources Ltd. engages in the exploration and development of mineral properties in Canada More
Amarc 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 Amarc 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 Amarc Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.91 | |||
| Information Ratio | 0.079 | |||
| Maximum Drawdown | 26.05 | |||
| Value At Risk | (10.53) | |||
| Potential Upside | 10.53 |
Amarc Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amarc Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amarc Resources' standard deviation. In reality, there are many statistical measures that can use Amarc Resources historical prices to predict the future Amarc Resources' volatility.| Risk Adjusted Performance | 0.0754 | |||
| Jensen Alpha | 0.5079 | |||
| Total Risk Alpha | 0.3424 | |||
| Sortino Ratio | 0.0522 | |||
| Treynor Ratio | (0.39) |
Amarc Resources Backtested Returns
Amarc Resources appears to be out of control, given 3 months investment horizon. Amarc Resources secures Sharpe Ratio (or Efficiency) of 0.0579, which signifies that the company had a 0.0579% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Amarc Resources, which you can use to evaluate the volatility of the firm. Please makes use of Amarc Resources' mean deviation of 4.23, and Risk Adjusted Performance of 0.0754 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Amarc Resources holds a performance score of 4. The firm shows a Beta (market volatility) of -1.25, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Amarc Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Amarc Resources is expected to outperform it. Please check Amarc Resources' value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether Amarc Resources' price patterns will revert.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Amarc Resources has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Amarc Resources time series from 19th of November 2024 to 4th of December 2024 and 4th of December 2024 to 19th 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 Amarc Resources price movement. The serial correlation of -0.74 indicates that around 74.0% of current Amarc Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Amarc Resources lagged returns against current returns
Autocorrelation, which is Amarc 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 Amarc Resources' stock expected returns. We can calculate the autocorrelation of Amarc Resources returns to help us make a trade decision. For example, suppose you find that Amarc 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 |
Amarc 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 Amarc Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amarc Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amarc Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Amarc Resources Lagged Returns
When evaluating Amarc Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amarc Resources stock have on its future price. Amarc 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, Amarc Resources autocorrelation shows the relationship between Amarc Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Amarc Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Amarc Stock Analysis
When running Amarc Resources' price analysis, check to measure Amarc 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 Amarc Resources is operating at the current time. Most of Amarc Resources' value examination focuses on studying past and present price action to predict the probability of Amarc Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amarc Resources' price. Additionally, you may evaluate how the addition of Amarc Resources to your portfolios can decrease your overall portfolio volatility.