Avrupa Minerals Stock Market Value
| AVU Stock | CAD 0.03 0.01 14.29% |
| Symbol | Avrupa |
Avrupa Minerals Price To Book Ratio
Avrupa Minerals '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 Avrupa Minerals' 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 Avrupa Minerals.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Avrupa Minerals on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Avrupa Minerals or generate 0.0% return on investment in Avrupa Minerals over 30 days. Avrupa Minerals is related to or competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Avrupa Minerals Ltd., a junior exploration and development company, engages in the acquisition and exploration of minera... More
Avrupa Minerals 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 Avrupa Minerals' 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 Avrupa Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.51 | |||
| Information Ratio | 0.0594 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 16.67 |
Avrupa Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avrupa Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avrupa Minerals' standard deviation. In reality, there are many statistical measures that can use Avrupa Minerals historical prices to predict the future Avrupa Minerals' volatility.| Risk Adjusted Performance | 0.0635 | |||
| Jensen Alpha | 0.7193 | |||
| Total Risk Alpha | (0.63) | |||
| Sortino Ratio | 0.0325 | |||
| Treynor Ratio | (1.48) |
Avrupa Minerals Backtested Returns
Avrupa Minerals appears to be out of control, given 3 months investment horizon. Avrupa Minerals secures Sharpe Ratio (or Efficiency) of 0.0729, which signifies that the company had a 0.0729% return per unit of risk over the last 3 months. By analyzing Avrupa Minerals' technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please makes use of Avrupa Minerals' Mean Deviation of 5.49, risk adjusted performance of 0.0635, and Downside Deviation of 17.51 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Avrupa Minerals holds a performance score of 5. The firm shows a Beta (market volatility) of -0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Avrupa Minerals are expected to decrease at a much lower rate. During the bear market, Avrupa Minerals is likely to outperform the market. Please check Avrupa Minerals' treynor ratio and the relationship between the downside variance and day typical price , to make a quick decision on whether Avrupa Minerals' price patterns will revert.
Auto-correlation | 0.26 |
Poor predictability
Avrupa Minerals has poor predictability. Overlapping area represents the amount of predictability between Avrupa Minerals time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Avrupa Minerals price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Avrupa Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Avrupa Minerals lagged returns against current returns
Autocorrelation, which is Avrupa Minerals 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 Avrupa Minerals' stock expected returns. We can calculate the autocorrelation of Avrupa Minerals returns to help us make a trade decision. For example, suppose you find that Avrupa Minerals 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 |
Avrupa Minerals 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 Avrupa Minerals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avrupa Minerals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Avrupa Minerals stock over time.
Current vs Lagged Prices |
| Timeline |
Avrupa Minerals Lagged Returns
When evaluating Avrupa Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avrupa Minerals stock have on its future price. Avrupa Minerals 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, Avrupa Minerals autocorrelation shows the relationship between Avrupa Minerals stock current value and its past values and can show if there is a momentum factor associated with investing in Avrupa Minerals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Avrupa Stock Analysis
When running Avrupa Minerals' price analysis, check to measure Avrupa Minerals' 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 Avrupa Minerals is operating at the current time. Most of Avrupa Minerals' value examination focuses on studying past and present price action to predict the probability of Avrupa Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avrupa Minerals' price. Additionally, you may evaluate how the addition of Avrupa Minerals to your portfolios can decrease your overall portfolio volatility.