Azucar Minerals Stock Market Value
| AXDDF Stock | USD 0.03 0 3.70% |
| Symbol | Azucar |
Azucar 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 Azucar Minerals' otc 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 Azucar Minerals.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Azucar Minerals on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Azucar Minerals or generate 0.0% return on investment in Azucar Minerals over 30 days. Azucar Minerals is related to or competes with South32, NioCorp Developments, HUMANA, SCOR PK, Ab Pennsylvania, Small Cap, and Thrivent High. Azucar Minerals Ltd. acquires, explores for, and develops mineral properties Canada, the United States, and Mexico More
Azucar 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 Azucar Minerals' otc 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 Azucar Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 16.67 | |||
| Information Ratio | 0.0854 | |||
| Maximum Drawdown | 80.11 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 |
Azucar Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Azucar Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Azucar Minerals' standard deviation. In reality, there are many statistical measures that can use Azucar Minerals historical prices to predict the future Azucar Minerals' volatility.| Risk Adjusted Performance | 0.0812 | |||
| Jensen Alpha | 0.9916 | |||
| Total Risk Alpha | (1.22) | |||
| Sortino Ratio | 0.0848 | |||
| Treynor Ratio | 0.3579 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Azucar Minerals' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Azucar Minerals Backtested Returns
Azucar Minerals is out of control given 3 months investment horizon. Azucar Minerals 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 were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.86% are justified by taking the suggested risk. Use Azucar Minerals Mean Deviation of 12.26, risk adjusted performance of 0.0812, and Downside Deviation of 16.67 to evaluate company specific risk that cannot be diversified away. Azucar Minerals holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 4.31, 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, Azucar Minerals will likely underperform. Use Azucar Minerals expected short fall, day typical price, and the relationship between the potential upside and daily balance of power , to analyze future returns on Azucar Minerals.
Auto-correlation | 0.05 |
Virtually no predictability
Azucar Minerals has virtually no predictability. Overlapping area represents the amount of predictability between Azucar Minerals time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Azucar Minerals price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Azucar Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Azucar Minerals lagged returns against current returns
Autocorrelation, which is Azucar Minerals otc 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 Azucar Minerals' otc stock expected returns. We can calculate the autocorrelation of Azucar Minerals returns to help us make a trade decision. For example, suppose you find that Azucar Minerals has exhibited high autocorrelation historically, and you observe that the otc 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 |
Azucar 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 Azucar Minerals otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Azucar Minerals otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Azucar Minerals otc stock over time.
Current vs Lagged Prices |
| Timeline |
Azucar Minerals Lagged Returns
When evaluating Azucar Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Azucar Minerals otc stock have on its future price. Azucar 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, Azucar Minerals autocorrelation shows the relationship between Azucar Minerals otc stock current value and its past values and can show if there is a momentum factor associated with investing in Azucar Minerals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Azucar OTC Stock
Azucar Minerals financial ratios help investors to determine whether Azucar OTC Stock 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 Azucar with respect to the benefits of owning Azucar Minerals security.