Inventus Mining Corp Stock Market Value
| IVS Stock | CAD 0.07 0.01 8.33% |
| Symbol | Inventus |
Inventus Mining Corp Price To Book Ratio
Inventus 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 Inventus 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 Inventus Mining.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Inventus Mining on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Inventus Mining Corp or generate 0.0% return on investment in Inventus Mining over 720 days. Inventus Mining is related to or competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Inventus Mining Corp. acquires, explores, and develops mineral properties in Canada More
Inventus 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 Inventus 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 Inventus Mining Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 22.78 | |||
| Information Ratio | 0.113 | |||
| Maximum Drawdown | 86.67 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 25.0 |
Inventus Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inventus Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inventus Mining's standard deviation. In reality, there are many statistical measures that can use Inventus Mining historical prices to predict the future Inventus Mining's volatility.| Risk Adjusted Performance | 0.1012 | |||
| Jensen Alpha | 1.88 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.078 | |||
| Treynor Ratio | 42.83 |
Inventus Mining Corp Backtested Returns
Inventus Mining is out of control given 3 months investment horizon. Inventus Mining Corp holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We were able to interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.87% are justified by taking the suggested risk. Use Inventus Mining Corp Downside Deviation of 22.78, risk adjusted performance of 0.1012, and Market Risk Adjusted Performance of 42.84 to evaluate company specific risk that cannot be diversified away. Inventus Mining holds a performance score of 9 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.0439, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Inventus Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Inventus Mining is expected to be smaller as well. Use Inventus Mining Corp value at risk and the relationship between the expected short fall and market facilitation index , to analyze future returns on Inventus Mining Corp.
Auto-correlation | -0.21 |
Weak reverse predictability
Inventus Mining Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Inventus Mining 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 Inventus Mining Corp price movement. The serial correlation of -0.21 indicates that over 21.0% of current Inventus Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Inventus Mining Corp lagged returns against current returns
Autocorrelation, which is Inventus 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 Inventus Mining's stock expected returns. We can calculate the autocorrelation of Inventus Mining returns to help us make a trade decision. For example, suppose you find that Inventus 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 |
Inventus 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 Inventus Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inventus Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inventus Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Inventus Mining Lagged Returns
When evaluating Inventus Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inventus Mining stock have on its future price. Inventus 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, Inventus Mining autocorrelation shows the relationship between Inventus Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Inventus Mining Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Inventus Stock Analysis
When running Inventus Mining's price analysis, check to measure Inventus Mining's 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 Inventus Mining is operating at the current time. Most of Inventus Mining's value examination focuses on studying past and present price action to predict the probability of Inventus Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inventus Mining's price. Additionally, you may evaluate how the addition of Inventus Mining to your portfolios can decrease your overall portfolio volatility.