Am Resources Corp Stock Market Value
| AMR Stock | CAD 0.04 0.00 0.00% |
| Symbol | AMR |
AM 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 AM 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 AM Resources.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in AM Resources on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding AM Resources Corp or generate 0.0% return on investment in AM Resources over 90 days. AM Resources is related to or competes with Liberty Gold, GoldMining, First Mining, and Aris Gold. AM Resources Corp., together with its subsidiaries, engages in the exploration of coal, hydrocarbons, and gold mining si... More
AM 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 AM 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 AM Resources Corp upside and downside potential and time the market with a certain degree of confidence.
AM Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AM Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AM Resources' standard deviation. In reality, there are many statistical measures that can use AM Resources historical prices to predict the future AM Resources' volatility.AM Resources Corp Backtested Returns
We have found three technical indicators for AM Resources, which you can use to evaluate the volatility of the firm. The firm owns a Beta (Systematic Risk) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and AM Resources are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
AM Resources Corp has no correlation between past and present. Overlapping area represents the amount of predictability between AM Resources time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 AM Resources Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current AM Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AM Resources Corp lagged returns against current returns
Autocorrelation, which is AM 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 AM Resources' stock expected returns. We can calculate the autocorrelation of AM Resources returns to help us make a trade decision. For example, suppose you find that AM 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 |
AM 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 AM Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AM Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AM Resources stock over time.
Current vs Lagged Prices |
| Timeline |
AM Resources Lagged Returns
When evaluating AM Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AM Resources stock have on its future price. AM 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, AM Resources autocorrelation shows the relationship between AM Resources stock current value and its past values and can show if there is a momentum factor associated with investing in AM Resources Corp.
Regressed Prices |
| Timeline |
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Additional Tools for AMR Stock Analysis
When running AM Resources' price analysis, check to measure AM 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 AM Resources is operating at the current time. Most of AM Resources' value examination focuses on studying past and present price action to predict the probability of AM Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AM Resources' price. Additionally, you may evaluate how the addition of AM Resources to your portfolios can decrease your overall portfolio volatility.