Aris Mining Stock Market Value
| ARMN Stock | 4.40 0.03 0.68% |
| Symbol | Aris |
Aris Mining Price To Book Ratio
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aris Mining. If investors know Aris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aris Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.495 | Earnings Share (0.03) | Revenue Per Share | Quarterly Revenue Growth 0.157 | Return On Assets |
The market value of Aris Mining is measured differently than its book value, which is the value of Aris that is recorded on the company's balance sheet. Investors also form their own opinion of Aris Mining's value that differs from its market value or its book value, called intrinsic value, which is Aris Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aris Mining's market value can be influenced by many factors that don't directly affect Aris Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aris Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aris Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aris Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Aris Mining '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 Aris Mining'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 Aris Mining.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Aris Mining on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Aris Mining or generate 0.0% return on investment in Aris Mining over 90 days. Aris Mining is related to or competes with Alternative Investment, Ardelyx, Aegon NV, Cardinal Health, Broadstone Net, Regeneron Pharmaceuticals, and Westshore Terminals. Aris Mining is entity of United States. It is traded as Stock on NYSE MKT exchange. More
Aris Mining 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 Aris Mining'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 Aris Mining upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.24 | |||
| Information Ratio | 0.1318 | |||
| Maximum Drawdown | 11.04 | |||
| Value At Risk | (4.83) | |||
| Potential Upside | 4.86 |
Aris Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aris Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aris Mining's standard deviation. In reality, there are many statistical measures that can use Aris Mining historical prices to predict the future Aris Mining's volatility.| Risk Adjusted Performance | 0.0839 | |||
| Jensen Alpha | 0.276 | |||
| Total Risk Alpha | 0.8235 | |||
| Sortino Ratio | 0.1306 | |||
| Treynor Ratio | (7.11) |
Aris Mining Backtested Returns
Aris Mining appears to be relatively risky, given 3 months investment horizon. Aris Mining secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Aris Mining, which you can use to evaluate the volatility of the firm. Please makes use of Aris Mining's Mean Deviation of 2.61, downside deviation of 3.24, and Risk Adjusted Performance of 0.0839 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Aris Mining holds a performance score of 8. The firm shows a Beta (market volatility) of -0.0396, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aris Mining are expected to decrease at a much lower rate. During the bear market, Aris Mining is likely to outperform the market. Please check Aris Mining's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether Aris Mining's price patterns will revert.
Auto-correlation | 0.03 |
Virtually no predictability
Aris Mining has virtually no predictability. Overlapping area represents the amount of predictability between Aris Mining time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 Aris Mining price movement. The serial correlation of 0.03 indicates that only 3.0% of current Aris Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Aris Mining lagged returns against current returns
Autocorrelation, which is Aris Mining 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 Aris Mining's stock expected returns. We can calculate the autocorrelation of Aris Mining returns to help us make a trade decision. For example, suppose you find that Aris Mining 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 |
Aris Mining 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 Aris Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aris Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aris Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Aris Mining Lagged Returns
When evaluating Aris Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aris Mining stock have on its future price. Aris Mining 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, Aris Mining autocorrelation shows the relationship between Aris Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Aris Mining.
Regressed Prices |
| Timeline |
Pair Trading with Aris Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aris Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aris Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Aris Stock
Moving against Aris Stock
| 0.56 | ZKIN | ZK International | PairCorr |
| 0.5 | EU | enCore Energy Corp | PairCorr |
| 0.37 | ASTLW | Algoma Steel Group | PairCorr |
| 0.36 | CF | CF Industries Holdings Earnings Call This Week | PairCorr |
| 0.33 | CE | Celanese | PairCorr |
The ability to find closely correlated positions to Aris Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aris Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aris Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aris Mining to buy it.
The correlation of Aris Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aris Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aris Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aris Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Aris Mining Correlation, Aris Mining Volatility and Aris Mining Alpha and Beta module to complement your research on Aris Mining. To learn how to invest in Aris Stock, please use our How to Invest in Aris Mining guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Aris Mining technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.