Coeur Mining (Germany) Market Value
| CDE Stock | EUR 3.62 0.02 0.55% |
| Symbol | Coeur |
Coeur 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 Coeur 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 Coeur Mining.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Coeur Mining on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Coeur Mining or generate 0.0% return on investment in Coeur Mining over 720 days. Coeur Mining is related to or competes with Longfor Group, Mitsui Fudosan, Mitsubishi Estate, and Sino Land. City Developments Limited is a leading global real estate operating company with a network spanning 103 locations in 29 ... More
Coeur 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 Coeur 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 Coeur Mining upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.61 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 6.05 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 2.2 |
Coeur Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coeur Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Coeur Mining's standard deviation. In reality, there are many statistical measures that can use Coeur Mining historical prices to predict the future Coeur Mining's volatility.| Risk Adjusted Performance | 0.0189 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0667 |
Coeur Mining Backtested Returns
At this point, Coeur Mining is somewhat reliable. Coeur Mining secures Sharpe Ratio (or Efficiency) of 0.0128, which signifies that the company had a 0.0128% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Coeur Mining, which you can use to evaluate the volatility of the firm. Please confirm Coeur Mining's mean deviation of 0.9467, and Risk Adjusted Performance of 0.0189 to double-check if the risk estimate we provide is consistent with the expected return of 0.0171%. Coeur Mining has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Coeur Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Coeur Mining is expected to be smaller as well. Coeur Mining right now shows a risk of 1.33%. Please confirm Coeur Mining mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to decide if Coeur Mining will be following its price patterns.
Auto-correlation | 0.76 |
Good predictability
Coeur Mining has good predictability. Overlapping area represents the amount of predictability between Coeur Mining time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 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 Coeur Mining price movement. The serial correlation of 0.76 indicates that around 76.0% of current Coeur Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Coeur Mining lagged returns against current returns
Autocorrelation, which is Coeur 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 Coeur Mining's stock expected returns. We can calculate the autocorrelation of Coeur Mining returns to help us make a trade decision. For example, suppose you find that Coeur 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 |
Coeur 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 Coeur Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Coeur Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Coeur Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Coeur Mining Lagged Returns
When evaluating Coeur Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Coeur Mining stock have on its future price. Coeur 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, Coeur Mining autocorrelation shows the relationship between Coeur Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Coeur Mining.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Coeur Stock
When determining whether Coeur Mining is a strong investment it is important to analyze Coeur Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Coeur Mining's future performance. For an informed investment choice regarding Coeur Stock, refer to the following important reports:Check out Coeur Mining Correlation, Coeur Mining Volatility and Coeur Mining Alpha and Beta module to complement your research on Coeur Mining. For more detail on how to invest in Coeur Stock please use our How to Invest in Coeur Mining guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Coeur Mining technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.