Jervois Mining Stock Market Value
| JRVMF Stock | USD 0.01 0.00 0.00% |
| Symbol | Jervois |
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 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 Jervois Mining.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Jervois Mining on December 17, 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 Ardea Resources, Centaurus Metals, Canada Silver, Frontier Lithium, CDN Maverick, Ioneer, and American Rare. Jervois Global Limited explores for and evaluates mineral properties in the United States, Brazil, Finland, Australia, a... 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 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 Jervois Mining upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0786 | |||
| Maximum Drawdown | 32.32 | |||
| Value At Risk | (4.44) | |||
| Potential Upside | 12.5 |
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 | 0.0585 | |||
| Jensen Alpha | 0.2933 | |||
| Total Risk Alpha | 0.8648 | |||
| Treynor Ratio | 1.08 |
Jervois Mining Backtested Returns
Jervois Mining appears to be out of control, given 3 months investment horizon. Jervois Mining holds Efficiency (Sharpe) Ratio of 0.0943, which attests that the entity had a 0.0943 % return per unit of risk over the last 3 months. We have found nineteen technical indicators for Jervois Mining, which you can use to evaluate the volatility of the firm. Please utilize Jervois Mining's Market Risk Adjusted Performance of 1.09, standard deviation of 4.78, and Risk Adjusted Performance of 0.0585 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 7. The company retains a Market Volatility (i.e., Beta) of 0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jervois Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jervois Mining is expected to be smaller as well. Please check Jervois Mining's jensen alpha, skewness, as well as the relationship between the Skewness and day typical 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 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Jervois Mining lagged returns against current returns
Autocorrelation, which is Jervois Mining 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 Jervois Mining's pink sheet 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 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 |
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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jervois Mining pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jervois Mining pink sheet 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 pink sheet 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 pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Jervois Mining.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Jervois Pink Sheet
Jervois Mining financial ratios help investors to determine whether Jervois 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 Jervois with respect to the benefits of owning Jervois Mining security.