Imperial Metals Stock Market Value
| IPMLF Stock | USD 1.37 0.01 0.74% |
| Symbol | Imperial |
Imperial 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 Imperial Metals' pink sheet 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 Imperial Metals.
| 10/27/2023 |
| 12/20/2024 |
If you would invest 0.00 in Imperial Metals on October 27, 2023 and sell it all today you would earn a total of 0.00 from holding Imperial Metals or generate 0.0% return on investment in Imperial Metals over 420 days. Imperial Metals is related to or competes with Grande Portage, and White Gold. Imperial Metals Corporation, a mining company, engages in the acquisition, exploration, development, mining, and product... More
Imperial 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 Imperial Metals' pink sheet 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 Imperial Metals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 14.13 | |||
| Value At Risk | (3.40) | |||
| Potential Upside | 4.08 |
Imperial Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Imperial Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Imperial Metals' standard deviation. In reality, there are many statistical measures that can use Imperial Metals historical prices to predict the future Imperial Metals' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (1.24) |
Imperial Metals Backtested Returns
Imperial Metals holds Efficiency (Sharpe) Ratio of -0.0673, which attests that the entity had a -0.0673% return per unit of risk over the last 3 months. Imperial Metals exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Imperial Metals' Standard Deviation of 2.3, market risk adjusted performance of (1.23), and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Imperial Metals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Imperial Metals is expected to be smaller as well. At this point, Imperial Metals has a negative expected return of -0.16%. Please make sure to check out Imperial Metals' potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Imperial Metals performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.58 |
Good reverse predictability
Imperial Metals has good reverse predictability. Overlapping area represents the amount of predictability between Imperial Metals time series from 27th of October 2023 to 24th of May 2024 and 24th of May 2024 to 20th 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 Imperial Metals price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Imperial Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Imperial Metals lagged returns against current returns
Autocorrelation, which is Imperial Metals pink sheet'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 Imperial Metals' pink sheet expected returns. We can calculate the autocorrelation of Imperial Metals returns to help us make a trade decision. For example, suppose you find that Imperial Metals has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Imperial 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 Imperial Metals pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Imperial Metals pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Imperial Metals pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Imperial Metals Lagged Returns
When evaluating Imperial Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Imperial Metals pink sheet have on its future price. Imperial 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, Imperial Metals autocorrelation shows the relationship between Imperial Metals pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Imperial Metals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Imperial Pink Sheet
Imperial Metals financial ratios help investors to determine whether Imperial Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Imperial with respect to the benefits of owning Imperial Metals security.