KLONDIKE SILVER (Germany) Market Value
| K1SN Stock | EUR 0.02 0 8.82% |
| Symbol | KLONDIKE |
KLONDIKE SILVER '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 KLONDIKE SILVER'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 KLONDIKE SILVER.
| 12/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in KLONDIKE SILVER on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding KLONDIKE SILVER or generate 0.0% return on investment in KLONDIKE SILVER over 90 days. KLONDIKE SILVER is related to or competes with Apple, Apple, Apple, Apple, Microsoft, Microsoft, and Microsoft. More
KLONDIKE SILVER 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 KLONDIKE SILVER'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 KLONDIKE SILVER upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.95 | |||
| Information Ratio | 0.0684 | |||
| Maximum Drawdown | 82.27 | |||
| Value At Risk | (13.04) | |||
| Potential Upside | 15.0 |
KLONDIKE SILVER Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KLONDIKE SILVER's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KLONDIKE SILVER's standard deviation. In reality, there are many statistical measures that can use KLONDIKE SILVER historical prices to predict the future KLONDIKE SILVER's volatility.| Risk Adjusted Performance | 0.0579 | |||
| Jensen Alpha | 0.4432 | |||
| Total Risk Alpha | 2.63 | |||
| Sortino Ratio | 0.0557 | |||
| Treynor Ratio | (0.36) |
KLONDIKE SILVER Backtested Returns
KLONDIKE SILVER appears to be out of control, given 3 months investment horizon. KLONDIKE SILVER has Sharpe Ratio of 0.0611, which conveys that the firm had a 0.0611 % return per unit of volatility over the last 3 months. By inspecting KLONDIKE SILVER's technical indicators, you can evaluate if the expected return of 0.78% is justified by implied risk. Please exercise KLONDIKE SILVER's risk adjusted performance of 0.0579, and Mean Deviation of 6.0 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, KLONDIKE SILVER holds a performance score of 4. The company secures a Beta (Market Risk) of -1.95, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning KLONDIKE SILVER are expected to decrease by larger amounts. On the other hand, during market turmoil, KLONDIKE SILVER is expected to outperform it. Please check KLONDIKE SILVER's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether KLONDIKE SILVER's current price movements will revert.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
KLONDIKE SILVER has almost perfect reverse predictability. Overlapping area represents the amount of predictability between KLONDIKE SILVER time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th 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 KLONDIKE SILVER price movement. The serial correlation of -0.78 indicates that around 78.0% of current KLONDIKE SILVER price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
KLONDIKE SILVER lagged returns against current returns
Autocorrelation, which is KLONDIKE SILVER 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 KLONDIKE SILVER's stock expected returns. We can calculate the autocorrelation of KLONDIKE SILVER returns to help us make a trade decision. For example, suppose you find that KLONDIKE SILVER 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 |
KLONDIKE SILVER 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 KLONDIKE SILVER stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KLONDIKE SILVER stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KLONDIKE SILVER stock over time.
Current vs Lagged Prices |
| Timeline |
KLONDIKE SILVER Lagged Returns
When evaluating KLONDIKE SILVER's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KLONDIKE SILVER stock have on its future price. KLONDIKE SILVER 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, KLONDIKE SILVER autocorrelation shows the relationship between KLONDIKE SILVER stock current value and its past values and can show if there is a momentum factor associated with investing in KLONDIKE SILVER.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in KLONDIKE Stock
KLONDIKE SILVER financial ratios help investors to determine whether KLONDIKE Stock 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 KLONDIKE with respect to the benefits of owning KLONDIKE SILVER security.