Altiplano Metals Stock Market Value
| ALTPF Stock | USD 0.04 0.0001 0.27% |
| Symbol | Altiplano |
Altiplano Metals '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 Altiplano Metals' pink sheet 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 Altiplano Metals.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Altiplano Metals on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Altiplano Metals or generate 0.0% return on investment in Altiplano Metals over 90 days. Altiplano Metals is related to or competes with Mundoro Capital, Arianne Phosphate, Arizona Metals, Fury Gold, NorthIsle Copper, and Pampa Metals. Altiplano Metals Inc., a junior resource company, focuses on evaluating and acquiring exploration projects in Chile More
Altiplano Metals 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 Altiplano Metals' pink sheet 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 Altiplano Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.71 | |||
| Information Ratio | 0.1055 | |||
| Maximum Drawdown | 42.86 | |||
| Value At Risk | (11.63) | |||
| Potential Upside | 16.67 |
Altiplano Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altiplano Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Altiplano Metals' standard deviation. In reality, there are many statistical measures that can use Altiplano Metals historical prices to predict the future Altiplano Metals' volatility.| Risk Adjusted Performance | 0.0892 | |||
| Jensen Alpha | 0.6076 | |||
| Total Risk Alpha | 1.62 | |||
| Sortino Ratio | 0.0737 | |||
| Treynor Ratio | (1.02) |
Altiplano Metals Backtested Returns
Altiplano Metals appears to be out of control, given 3 months investment horizon. Altiplano Metals secures Sharpe Ratio (or Efficiency) of 0.0952, which signifies that the company had a 0.0952 % return per unit of risk over the last 3 months. By analyzing Altiplano Metals' technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please makes use of Altiplano Metals' Downside Deviation of 10.71, risk adjusted performance of 0.0892, and Mean Deviation of 4.2 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Altiplano Metals holds a performance score of 7. The firm shows a Beta (market volatility) of -0.67, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Altiplano Metals are expected to decrease at a much lower rate. During the bear market, Altiplano Metals is likely to outperform the market. Please check Altiplano Metals' maximum drawdown and the relationship between the semi variance and day typical price , to make a quick decision on whether Altiplano Metals' price patterns will revert.
Auto-correlation | -0.51 |
Good reverse predictability
Altiplano Metals has good reverse predictability. Overlapping area represents the amount of predictability between Altiplano Metals 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 Altiplano Metals price movement. The serial correlation of -0.51 indicates that about 51.0% of current Altiplano Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Altiplano Metals lagged returns against current returns
Autocorrelation, which is Altiplano Metals pink sheet'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 Altiplano Metals' pink sheet expected returns. We can calculate the autocorrelation of Altiplano Metals returns to help us make a trade decision. For example, suppose you find that Altiplano Metals has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Altiplano Metals 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 Altiplano Metals pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Altiplano Metals pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Altiplano Metals pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Altiplano Metals Lagged Returns
When evaluating Altiplano Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Altiplano Metals pink sheet have on its future price. Altiplano Metals 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, Altiplano Metals autocorrelation shows the relationship between Altiplano Metals pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Altiplano Metals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Altiplano Pink Sheet
Altiplano Metals financial ratios help investors to determine whether Altiplano Pink Sheet 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 Altiplano with respect to the benefits of owning Altiplano Metals security.