Anglesey Mining (UK) Market Value
| AYM Stock | 0.90 0.07 8.43% |
| Symbol | Anglesey |
Anglesey 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 Anglesey 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 Anglesey Mining.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Anglesey Mining on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Anglesey Mining or generate 0.0% return on investment in Anglesey Mining over 30 days. Anglesey Mining is related to or competes with Infrastrutture Wireless, Ecclesiastical Insurance, Melia Hotels, Centaur Media, Flutter Entertainment, Ubisoft Entertainment, and Wyndham Hotels. Anglesey Mining is entity of United Kingdom More
Anglesey 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 Anglesey 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 Anglesey Mining upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.43 | |||
| Information Ratio | 0.0361 | |||
| Maximum Drawdown | 29.24 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 13.24 |
Anglesey Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anglesey Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anglesey Mining's standard deviation. In reality, there are many statistical measures that can use Anglesey Mining historical prices to predict the future Anglesey Mining's volatility.| Risk Adjusted Performance | 0.0372 | |||
| Jensen Alpha | 0.2256 | |||
| Total Risk Alpha | 0.1859 | |||
| Sortino Ratio | 0.0264 | |||
| Treynor Ratio | 0.6296 |
Anglesey Mining Backtested Returns
Anglesey Mining appears to be out of control, given 3 months investment horizon. Anglesey Mining secures Sharpe Ratio (or Efficiency) of 0.0372, which signifies that the company had a 0.0372 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Anglesey Mining, which you can use to evaluate the volatility of the firm. Please makes use of Anglesey Mining's mean deviation of 3.63, and Risk Adjusted Performance of 0.0372 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Anglesey Mining holds a performance score of 2. The firm shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Anglesey Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Anglesey Mining is expected to be smaller as well. Please check Anglesey Mining's total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to make a quick decision on whether Anglesey Mining's price patterns will revert.
Auto-correlation | 0.70 |
Good predictability
Anglesey Mining has good predictability. Overlapping area represents the amount of predictability between Anglesey Mining time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 Anglesey Mining price movement. The serial correlation of 0.7 indicates that around 70.0% of current Anglesey Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Anglesey Mining lagged returns against current returns
Autocorrelation, which is Anglesey 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 Anglesey Mining's stock expected returns. We can calculate the autocorrelation of Anglesey Mining returns to help us make a trade decision. For example, suppose you find that Anglesey 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 |
Anglesey 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 Anglesey Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anglesey Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anglesey Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Anglesey Mining Lagged Returns
When evaluating Anglesey Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anglesey Mining stock have on its future price. Anglesey 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, Anglesey Mining autocorrelation shows the relationship between Anglesey Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Anglesey Mining.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Anglesey Stock
Anglesey Mining financial ratios help investors to determine whether Anglesey 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 Anglesey with respect to the benefits of owning Anglesey Mining security.