Arizona Metals Corp Stock Market Value

AZMCF Stock  USD 1.19  0.20  14.39%   
Arizona Metals' market value is the price at which a share of Arizona Metals trades on a public exchange. It measures the collective expectations of Arizona Metals Corp investors about its performance. Arizona Metals is trading at 1.19 as of the 5th of December 2024. This is a 14.39% down since the beginning of the trading day. The stock's lowest day price was 1.19.
With this module, you can estimate the performance of a buy and hold strategy of Arizona Metals Corp and determine expected loss or profit from investing in Arizona Metals over a given investment horizon. Check out Arizona Metals Correlation, Arizona Metals Volatility and Arizona Metals Alpha and Beta module to complement your research on Arizona Metals.
Symbol

Please note, there is a significant difference between Arizona Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Arizona Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arizona Metals' 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.

Arizona Metals '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 Arizona Metals' 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 Arizona Metals.
0.00
11/05/2024
No Change 0.00  0.0 
In 31 days
12/05/2024
0.00
If you would invest  0.00  in Arizona Metals on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Arizona Metals Corp or generate 0.0% return on investment in Arizona Metals over 30 days. Arizona Metals is related to or competes with Aldebaran Resources, NorthIsle Copper, Lotus Resources, Group Eleven, Eminent Gold, Mundoro Capital, and Amarc Resources. Arizona Metals Corp. operates as a mineral exploration company More

Arizona Metals 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 Arizona Metals' 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 Arizona Metals Corp upside and downside potential and time the market with a certain degree of confidence.

Arizona Metals Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Arizona Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arizona Metals' standard deviation. In reality, there are many statistical measures that can use Arizona Metals historical prices to predict the future Arizona Metals' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Arizona Metals' 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.
Hype
Prediction
LowEstimatedHigh
0.061.196.78
Details
Intrinsic
Valuation
LowRealHigh
0.061.176.76
Details
Naive
Forecast
LowNextHigh
0.021.246.83
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.171.261.36
Details

Arizona Metals Corp Backtested Returns

At this point, Arizona Metals is extremely dangerous. Arizona Metals Corp secures Sharpe Ratio (or Efficiency) of 0.0013, which signifies that the company had a 0.0013% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Arizona Metals Corp, which you can use to evaluate the volatility of the firm. Please confirm Arizona Metals' Mean Deviation of 3.79, risk adjusted performance of (0.01), and Standard Deviation of 5.49 to double-check if the risk estimate we provide is consistent with the expected return of 0.0075%. The firm shows a Beta (market volatility) of 1.41, 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, Arizona Metals will likely underperform. Arizona Metals Corp right now shows a risk of 5.59%. Please confirm Arizona Metals Corp kurtosis, market facilitation index, and the relationship between the value at risk and rate of daily change , to decide if Arizona Metals Corp will be following its price patterns.

Auto-correlation

    
  -0.27  

Weak reverse predictability

Arizona Metals Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Arizona Metals time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 Arizona Metals Corp price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Arizona Metals price fluctuation can be explain by its past prices.
Correlation Coefficient-0.27
Spearman Rank Test0.18
Residual Average0.0
Price Variance0.01

Arizona Metals Corp lagged returns against current returns

Autocorrelation, which is Arizona Metals 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 Arizona Metals' otc stock expected returns. We can calculate the autocorrelation of Arizona Metals returns to help us make a trade decision. For example, suppose you find that Arizona Metals 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  

Arizona Metals 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 Arizona Metals otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arizona Metals otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arizona Metals otc stock over time.
   Current vs Lagged Prices   
       Timeline  

Arizona Metals Lagged Returns

When evaluating Arizona Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arizona Metals otc stock have on its future price. Arizona Metals 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, Arizona Metals autocorrelation shows the relationship between Arizona Metals otc stock current value and its past values and can show if there is a momentum factor associated with investing in Arizona Metals Corp.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Arizona OTC Stock

Arizona Metals financial ratios help investors to determine whether Arizona 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 Arizona with respect to the benefits of owning Arizona Metals security.