COEUR MINING (Germany) Market Value
| CDM1 Stock | EUR 5.47 0.21 3.99% |
| 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.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in COEUR MINING on December 14, 2024 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 90 days. COEUR MINING is related to or competes with Perseus Mining, Aya Gold, Daido Steel, KOBE STEEL, and GOLDQUEST MINING. 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.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 19.85 | |||
| Value At Risk | (6.97) | |||
| Potential Upside | 6.36 |
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 | (0.03) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | 0.4017 | |||
| Treynor Ratio | (0.38) |
COEUR MINING Backtested Returns
COEUR MINING secures Sharpe Ratio (or Efficiency) of -0.0205, which signifies that the company had a -0.0205 % return per unit of risk over the last 3 months. COEUR MINING exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm COEUR MINING's Mean Deviation of 3.02, risk adjusted performance of (0.03), and Standard Deviation of 3.99 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.55, which signifies possible diversification benefits within a given portfolio. 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. At this point, COEUR MINING has a negative expected return of -0.0792%. Please make sure to confirm COEUR MINING's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if COEUR MINING performance from the past will be repeated in the future.
Auto-correlation | -0.38 |
Poor reverse predictability
COEUR MINING has poor reverse predictability. Overlapping area represents the amount of predictability between COEUR MINING time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th of March 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 COEUR MINING price movement. The serial correlation of -0.38 indicates that just about 38.0% of current COEUR MINING price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.58 |
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 |
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.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 information on how to trade COEUR Stock refer to our How to Trade COEUR Stock guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.