Sociedad Minera (Peru) Market Value
| BROCALC1 | 10.30 0.00 0.00% |
| Symbol | Sociedad |
Please note, there is a significant difference between Sociedad Minera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sociedad Minera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sociedad Minera'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.
Sociedad Minera '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 Sociedad Minera'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 Sociedad Minera.
| 12/10/2024 |
| 01/09/2025 |
If you would invest 0.00 in Sociedad Minera on December 10, 2024 and sell it all today you would earn a total of 0.00 from holding Sociedad Minera el or generate 0.0% return on investment in Sociedad Minera over 30 days. More
Sociedad Minera 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 Sociedad Minera'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 Sociedad Minera el upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 9.31 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 4.29 |
Sociedad Minera Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sociedad Minera's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sociedad Minera's standard deviation. In reality, there are many statistical measures that can use Sociedad Minera historical prices to predict the future Sociedad Minera's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | 0.5208 |
Sociedad Minera el Backtested Returns
Sociedad Minera el owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Sociedad Minera el exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sociedad Minera's Coefficient Of Variation of (948.20), variance of 3.88, and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide. The entity has a beta of -0.42, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sociedad Minera are expected to decrease at a much lower rate. During the bear market, Sociedad Minera is likely to outperform the market. At this point, Sociedad Minera el has a negative expected return of -0.21%. Please make sure to validate Sociedad Minera's mean deviation, information ratio, potential upside, as well as the relationship between the standard deviation and maximum drawdown , to decide if Sociedad Minera el performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.36 |
Below average predictability
Sociedad Minera el has below average predictability. Overlapping area represents the amount of predictability between Sociedad Minera time series from 10th of December 2024 to 25th of December 2024 and 25th of December 2024 to 9th of January 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 Sociedad Minera el price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Sociedad Minera price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Sociedad Minera el lagged returns against current returns
Autocorrelation, which is Sociedad Minera 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 Sociedad Minera's stock expected returns. We can calculate the autocorrelation of Sociedad Minera returns to help us make a trade decision. For example, suppose you find that Sociedad Minera 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 |
Sociedad Minera 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 Sociedad Minera stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sociedad Minera stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sociedad Minera stock over time.
Current vs Lagged Prices |
| Timeline |
Sociedad Minera Lagged Returns
When evaluating Sociedad Minera's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sociedad Minera stock have on its future price. Sociedad Minera 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, Sociedad Minera autocorrelation shows the relationship between Sociedad Minera stock current value and its past values and can show if there is a momentum factor associated with investing in Sociedad Minera el.
Regressed Prices |
| Timeline |
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Sociedad Minera financial ratios help investors to determine whether Sociedad 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 Sociedad with respect to the benefits of owning Sociedad Minera security.