Equity Metals Corp Stock Market Value

EQTY Stock  CAD 0.26  0.01  3.70%   
Equity Metals' market value is the price at which a share of Equity Metals trades on a public exchange. It measures the collective expectations of Equity Metals Corp investors about its performance. Equity Metals is selling for under 0.26 as of the 15th of March 2025; that is 3.7% down since the beginning of the trading day. The stock's lowest day price was 0.25.
With this module, you can estimate the performance of a buy and hold strategy of Equity Metals Corp and determine expected loss or profit from investing in Equity Metals over a given investment horizon. Check out Equity Metals Correlation, Equity Metals Volatility and Equity Metals Alpha and Beta module to complement your research on Equity Metals.
Symbol

Equity Metals Corp Price To Book Ratio

Please note, there is a significant difference between Equity Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Equity Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equity Metals' 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.

Equity Metals '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 Equity Metals' 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 Equity Metals.
0.00
12/15/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/15/2025
0.00
If you would invest  0.00  in Equity Metals on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Equity Metals Corp or generate 0.0% return on investment in Equity Metals over 90 days. Equity Metals is related to or competes with Rogers Communications, Quorum Information, Constellation Software, Computer Modelling, Storage Vault, and Cogeco Communications. Equity Metals Corporation engages in the acquisition, exploration, and development of mineral properties in Canada More

Equity Metals 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 Equity Metals' 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 Equity Metals Corp upside and downside potential and time the market with a certain degree of confidence.

Equity Metals Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Equity Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Equity Metals' standard deviation. In reality, there are many statistical measures that can use Equity Metals historical prices to predict the future Equity Metals' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Equity Metals' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.010.276.84
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Intrinsic
Valuation
LowRealHigh
0.010.206.77
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Equity Metals Corp Backtested Returns

Equity Metals appears to be out of control, given 3 months investment horizon. Equity Metals Corp secures Sharpe Ratio (or Efficiency) of 0.0967, which denotes the company had a 0.0967 % return per unit of risk over the last 3 months. By reviewing Equity Metals' technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please utilize Equity Metals' Mean Deviation of 4.8, coefficient of variation of 998.74, and Downside Deviation of 7.08 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Equity Metals holds a performance score of 7. The firm shows a Beta (market volatility) of -0.75, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Equity Metals are expected to decrease at a much lower rate. During the bear market, Equity Metals is likely to outperform the market. Please check Equity Metals' downside variance, kurtosis, and the relationship between the value at risk and expected short fall , to make a quick decision on whether Equity Metals' price patterns will revert.

Auto-correlation

    
  -0.3  

Weak reverse predictability

Equity Metals Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Equity Metals time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Equity Metals Corp price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Equity Metals price fluctuation can be explain by its past prices.
Correlation Coefficient-0.3
Spearman Rank Test0.3
Residual Average0.0
Price Variance0.0

Equity Metals Corp lagged returns against current returns

Autocorrelation, which is Equity Metals 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 Equity Metals' stock expected returns. We can calculate the autocorrelation of Equity Metals returns to help us make a trade decision. For example, suppose you find that Equity Metals 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  

Equity Metals 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 Equity Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Equity Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Equity Metals stock over time.
   Current vs Lagged Prices   
       Timeline  

Equity Metals Lagged Returns

When evaluating Equity Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Equity Metals stock have on its future price. Equity Metals 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, Equity Metals autocorrelation shows the relationship between Equity Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Equity Metals Corp.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Equity Stock Analysis

When running Equity Metals' price analysis, check to measure Equity Metals' 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 Equity Metals is operating at the current time. Most of Equity Metals' value examination focuses on studying past and present price action to predict the probability of Equity Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equity Metals' price. Additionally, you may evaluate how the addition of Equity Metals to your portfolios can decrease your overall portfolio volatility.