Chilwa Minerals (Australia) Market Value
| CHW Stock | 0.88 0.01 1.15% |
| Symbol | Chilwa |
Chilwa Minerals '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 Chilwa Minerals' 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 Chilwa Minerals.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Chilwa Minerals on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Chilwa Minerals Limited or generate 0.0% return on investment in Chilwa Minerals over 720 days. Chilwa Minerals is related to or competes with Northern Star, Evolution Mining, Bluescope Steel, Sandfire Resources, Aneka Tambang, De Grey, and Perseus Mining. Chilwa Minerals is entity of Australia. It is traded as Stock on AU exchange. More
Chilwa Minerals 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 Chilwa Minerals' 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 Chilwa Minerals Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.81 | |||
| Information Ratio | 0.059 | |||
| Maximum Drawdown | 14.96 | |||
| Value At Risk | (5.68) | |||
| Potential Upside | 8.05 |
Chilwa Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chilwa Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chilwa Minerals' standard deviation. In reality, there are many statistical measures that can use Chilwa Minerals historical prices to predict the future Chilwa Minerals' volatility.| Risk Adjusted Performance | 0.0769 | |||
| Jensen Alpha | 0.3018 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0557 | |||
| Treynor Ratio | 2.34 |
Chilwa Minerals Backtested Returns
Chilwa Minerals appears to be extremely dangerous, given 3 months investment horizon. Chilwa Minerals secures Sharpe Ratio (or Efficiency) of 0.0947, which signifies that the company had a 0.0947% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Chilwa Minerals Limited, which you can use to evaluate the volatility of the firm. Please makes use of Chilwa Minerals' Mean Deviation of 2.57, downside deviation of 3.81, and Risk Adjusted Performance of 0.0769 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Chilwa Minerals holds a performance score of 7. The firm shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Chilwa Minerals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Chilwa Minerals is expected to be smaller as well. Please check Chilwa Minerals' information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Chilwa Minerals' price patterns will revert.
Auto-correlation | 0.26 |
Poor predictability
Chilwa Minerals Limited has poor predictability. Overlapping area represents the amount of predictability between Chilwa Minerals time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th 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 Chilwa Minerals price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Chilwa Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Chilwa Minerals lagged returns against current returns
Autocorrelation, which is Chilwa Minerals 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 Chilwa Minerals' stock expected returns. We can calculate the autocorrelation of Chilwa Minerals returns to help us make a trade decision. For example, suppose you find that Chilwa Minerals 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 |
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Chilwa Minerals 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 Chilwa Minerals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chilwa Minerals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chilwa Minerals stock over time.
Current vs Lagged Prices |
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Chilwa Minerals Lagged Returns
When evaluating Chilwa Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chilwa Minerals stock have on its future price. Chilwa Minerals 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, Chilwa Minerals autocorrelation shows the relationship between Chilwa Minerals stock current value and its past values and can show if there is a momentum factor associated with investing in Chilwa Minerals Limited.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for Chilwa Stock Analysis
When running Chilwa Minerals' price analysis, check to measure Chilwa Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chilwa Minerals is operating at the current time. Most of Chilwa Minerals' value examination focuses on studying past and present price action to predict the probability of Chilwa Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chilwa Minerals' price. Additionally, you may evaluate how the addition of Chilwa Minerals to your portfolios can decrease your overall portfolio volatility.