Kootenay Silver Stock Market Value
| KOOYF Stock | USD 0.74 0.06 8.82% |
| Symbol | Kootenay |
Kootenay 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 Kootenay Silver'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 Kootenay Silver.
| 07/09/2024 |
| 01/05/2025 |
If you would invest 0.00 in Kootenay Silver on July 9, 2024 and sell it all today you would earn a total of 0.00 from holding Kootenay Silver or generate 0.0% return on investment in Kootenay Silver over 180 days. Kootenay Silver is related to or competes with Amarc Resources, and Mundoro Capital. Kootenay Silver Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral ... More
Kootenay 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 Kootenay Silver'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 Kootenay Silver upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.43 | |||
| Information Ratio | 0.005 | |||
| Maximum Drawdown | 34.88 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 9.52 |
Kootenay Silver Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kootenay Silver's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kootenay Silver's standard deviation. In reality, there are many statistical measures that can use Kootenay Silver historical prices to predict the future Kootenay Silver's volatility.| Risk Adjusted Performance | 0.0156 | |||
| Jensen Alpha | 0.0429 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0059 | |||
| Treynor Ratio | 0.4685 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kootenay Silver's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Kootenay Silver Backtested Returns
Kootenay Silver has Sharpe Ratio of -0.0121, which conveys that the firm had a -0.0121% return per unit of risk over the last 3 months. Kootenay Silver exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kootenay Silver's Risk Adjusted Performance of 0.0156, downside deviation of 5.43, and Mean Deviation of 4.72 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0941, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kootenay Silver's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kootenay Silver is expected to be smaller as well. At this point, Kootenay Silver has a negative expected return of -0.0715%. Please make sure to verify Kootenay Silver's maximum drawdown and the relationship between the expected short fall and period momentum indicator , to decide if Kootenay Silver performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.3 |
Weak reverse predictability
Kootenay Silver has weak reverse predictability. Overlapping area represents the amount of predictability between Kootenay Silver time series from 9th of July 2024 to 7th of October 2024 and 7th of October 2024 to 5th of January 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 Kootenay Silver price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Kootenay Silver price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Kootenay Silver lagged returns against current returns
Autocorrelation, which is Kootenay Silver 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 Kootenay Silver's pink sheet expected returns. We can calculate the autocorrelation of Kootenay Silver returns to help us make a trade decision. For example, suppose you find that Kootenay Silver 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 |
Kootenay 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 Kootenay Silver pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kootenay Silver pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kootenay Silver pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kootenay Silver Lagged Returns
When evaluating Kootenay Silver's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kootenay Silver pink sheet have on its future price. Kootenay 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, Kootenay Silver autocorrelation shows the relationship between Kootenay Silver pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kootenay Silver.
Regressed Prices |
| Timeline |
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Other Information on Investing in Kootenay Pink Sheet
Kootenay Silver financial ratios help investors to determine whether Kootenay 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 Kootenay with respect to the benefits of owning Kootenay Silver security.