Endeavour Silver (Germany) Market Value
| EJD Stock | EUR 3.79 0.03 0.79% |
| Symbol | Endeavour |
Endeavour Silver '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 Endeavour Silver'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 Endeavour Silver.
| 10/08/2024 |
| 01/06/2025 |
If you would invest 0.00 in Endeavour Silver on October 8, 2024 and sell it all today you would earn a total of 0.00 from holding Endeavour Silver Corp or generate 0.0% return on investment in Endeavour Silver over 90 days. Endeavour Silver is related to or competes with Transport International, LPKF Laser, ADRIATIC METALS, DAIDO METAL, UMC Electronics, STORE ELECTRONIC, and Renesas Electronics. Endeavour Silver Corp., a mid-tier silver mining company, engages in the acquisition, exploration, development, extracti... More
Endeavour Silver 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 Endeavour Silver'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 Endeavour Silver Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.93 | |||
| Information Ratio | 0.0238 | |||
| Maximum Drawdown | 19.56 | |||
| Value At Risk | (5.44) | |||
| Potential Upside | 8.3 |
Endeavour Silver Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Endeavour Silver's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Endeavour Silver's standard deviation. In reality, there are many statistical measures that can use Endeavour Silver historical prices to predict the future Endeavour Silver's volatility.| Risk Adjusted Performance | 0.0316 | |||
| Jensen Alpha | 0.1181 | |||
| Total Risk Alpha | 0.0492 | |||
| Sortino Ratio | 0.026 | |||
| Treynor Ratio | (0.39) |
Endeavour Silver Corp Backtested Returns
At this point, Endeavour Silver is risky. Endeavour Silver Corp secures Sharpe Ratio (or Efficiency) of 0.029, which denotes the company had a 0.029% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Endeavour Silver Corp, which you can use to evaluate the volatility of the firm. Please confirm Endeavour Silver's Semi Deviation of 3.71, downside deviation of 3.93, and Mean Deviation of 3.33 to check if the risk estimate we provide is consistent with the expected return of 0.12%. Endeavour Silver has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.29, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Endeavour Silver are expected to decrease at a much lower rate. During the bear market, Endeavour Silver is likely to outperform the market. Endeavour Silver Corp right now shows a risk of 4.29%. Please confirm Endeavour Silver Corp mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Endeavour Silver Corp will be following its price patterns.
Auto-correlation | -0.05 |
Very weak reverse predictability
Endeavour Silver Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between Endeavour Silver time series from 8th of October 2024 to 22nd of November 2024 and 22nd of November 2024 to 6th 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 Endeavour Silver Corp price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Endeavour Silver price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Endeavour Silver Corp lagged returns against current returns
Autocorrelation, which is Endeavour Silver 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 Endeavour Silver's stock expected returns. We can calculate the autocorrelation of Endeavour Silver returns to help us make a trade decision. For example, suppose you find that Endeavour Silver 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 |
Endeavour Silver 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 Endeavour Silver stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Endeavour Silver stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Endeavour Silver stock over time.
Current vs Lagged Prices |
| Timeline |
Endeavour Silver Lagged Returns
When evaluating Endeavour Silver's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Endeavour Silver stock have on its future price. Endeavour Silver 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, Endeavour Silver autocorrelation shows the relationship between Endeavour Silver stock current value and its past values and can show if there is a momentum factor associated with investing in Endeavour Silver Corp.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Endeavour Stock
When determining whether Endeavour Silver Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Endeavour Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Endeavour Silver Corp Stock. Highlighted below are key reports to facilitate an investment decision about Endeavour Silver Corp Stock:Check out Endeavour Silver Correlation, Endeavour Silver Volatility and Endeavour Silver Alpha and Beta module to complement your research on Endeavour Silver. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Endeavour Silver 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.