Jervois Mining Stock Market Value
| JRV Stock | CAD 0.01 0.00 0.00% |
| Symbol | Jervois |
Jervois Mining Price To Book Ratio
Jervois 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 Jervois 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 Jervois Mining.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Jervois Mining on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Jervois Mining or generate 0.0% return on investment in Jervois Mining over 90 days. Jervois Mining is related to or competes with Alphamin Res, Electra Battery, FPX Nickel, and Mako Mining. Jervois Mining Limited explores for and evaluates mineral properties in Australia More
Jervois 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 Jervois 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 Jervois Mining upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0517 | |||
| Maximum Drawdown | 83.33 |
Jervois Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jervois Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jervois Mining's standard deviation. In reality, there are many statistical measures that can use Jervois Mining historical prices to predict the future Jervois Mining's volatility.| Risk Adjusted Performance | 0.0375 | |||
| Jensen Alpha | 0.2307 | |||
| Total Risk Alpha | 1.5 | |||
| Treynor Ratio | (2.92) |
Jervois Mining Backtested Returns
Jervois Mining appears to be out of control, given 3 months investment horizon. Jervois Mining holds Efficiency (Sharpe) Ratio of 0.0352, which attests that the entity had a 0.0352 % return per unit of risk over the last 3 months. We have found sixteen technical indicators for Jervois Mining, which you can use to evaluate the volatility of the firm. Please utilize Jervois Mining's Risk Adjusted Performance of 0.0375, standard deviation of 7.45, and Market Risk Adjusted Performance of (2.91) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Jervois Mining holds a performance score of 2. The company retains a Market Volatility (i.e., Beta) of -0.0831, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jervois Mining are expected to decrease at a much lower rate. During the bear market, Jervois Mining is likely to outperform the market. Please check Jervois Mining's treynor ratio and day median price , to make a quick decision on whether Jervois Mining's current trending patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Jervois Mining has no correlation between past and present. Overlapping area represents the amount of predictability between Jervois Mining 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 Jervois Mining price movement. The serial correlation of 0.0 indicates that just 0.0% of current Jervois Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Jervois Mining lagged returns against current returns
Autocorrelation, which is Jervois 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 Jervois Mining's stock expected returns. We can calculate the autocorrelation of Jervois Mining returns to help us make a trade decision. For example, suppose you find that Jervois 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 |
Jervois 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 Jervois Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jervois Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jervois Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Jervois Mining Lagged Returns
When evaluating Jervois Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jervois Mining stock have on its future price. Jervois 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, Jervois Mining autocorrelation shows the relationship between Jervois Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Jervois Mining.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Jervois Stock Analysis
When running Jervois Mining's price analysis, check to measure Jervois 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 Jervois Mining is operating at the current time. Most of Jervois Mining's value examination focuses on studying past and present price action to predict the probability of Jervois 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 Jervois Mining's price. Additionally, you may evaluate how the addition of Jervois Mining to your portfolios can decrease your overall portfolio volatility.