Andean Precious Metals Stock Market Value
| APM Stock | 1.29 0.09 7.50% |
| Symbol | Andean |
Andean Precious '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 Andean Precious' 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 Andean Precious.
| 12/10/2024 |
| 01/09/2025 |
If you would invest 0.00 in Andean Precious on December 10, 2024 and sell it all today you would earn a total of 0.00 from holding Andean Precious Metals or generate 0.0% return on investment in Andean Precious over 30 days. Andean Precious is related to or competes with Pace Metals, Computer Modelling, Sun Peak, Constellation Software, Osisko Metals, and Ocumetics Technology. Amerix Precious Metals Corporationration engages in the acquisition, exploration, and development of mineral properties in Brazil. More
Andean Precious 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 Andean Precious' 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 Andean Precious Metals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 27.84 | |||
| Value At Risk | (9.18) | |||
| Potential Upside | 8.7 |
Andean Precious Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Andean Precious' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Andean Precious' standard deviation. In reality, there are many statistical measures that can use Andean Precious historical prices to predict the future Andean Precious' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (0.27) |
Andean Precious Metals Backtested Returns
Andean Precious Metals secures Sharpe Ratio (or Efficiency) of -0.0565, which signifies that the company had a -0.0565% return per unit of standard deviation over the last 3 months. Andean Precious Metals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Andean Precious' risk adjusted performance of (0.04), and Mean Deviation of 4.67 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.32, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Andean Precious will likely underperform. At this point, Andean Precious Metals has a negative expected return of -0.34%. Please make sure to confirm Andean Precious' accumulation distribution, day typical price, as well as the relationship between the value at risk and jensen alpha , to decide if Andean Precious Metals performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Andean Precious Metals has insignificant reverse predictability. Overlapping area represents the amount of predictability between Andean Precious time series from 10th of December 2024 to 25th of December 2024 and 25th of December 2024 to 9th 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 Andean Precious Metals price movement. The serial correlation of -0.18 indicates that over 18.0% of current Andean Precious price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Andean Precious Metals lagged returns against current returns
Autocorrelation, which is Andean Precious 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 Andean Precious' stock expected returns. We can calculate the autocorrelation of Andean Precious returns to help us make a trade decision. For example, suppose you find that Andean Precious 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 |
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Andean Precious 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 Andean Precious stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Andean Precious stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Andean Precious stock over time.
Current vs Lagged Prices |
| Timeline |
Andean Precious Lagged Returns
When evaluating Andean Precious' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Andean Precious stock have on its future price. Andean Precious 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, Andean Precious autocorrelation shows the relationship between Andean Precious stock current value and its past values and can show if there is a momentum factor associated with investing in Andean Precious Metals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Andean Stock Analysis
When running Andean Precious' price analysis, check to measure Andean Precious' 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 Andean Precious is operating at the current time. Most of Andean Precious' value examination focuses on studying past and present price action to predict the probability of Andean Precious' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Andean Precious' price. Additionally, you may evaluate how the addition of Andean Precious to your portfolios can decrease your overall portfolio volatility.