Klondike Silver Corp Stock Market Value
| KS Stock | CAD 0.02 0.00 0.00% |
| Symbol | Klondike |
Klondike Silver Corp Price To Book Ratio
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.
| 11/28/2023 |
| 12/22/2024 |
If you would invest 0.00 in Klondike Silver on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Klondike Silver Corp or generate 0.0% return on investment in Klondike Silver over 390 days. Klondike Silver is related to or competes with Q Gold, and Goldbank Mining. Klondike Silver Corp., a resource exploration stage company, engages in the acquisition and exploration of mineral prope... 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 Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 18.33 | |||
| Information Ratio | 0.0424 | |||
| Maximum Drawdown | 45.0 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 20.0 |
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 | 0.0455 | |||
| Jensen Alpha | 0.4045 | |||
| Total Risk Alpha | 0.159 | |||
| Sortino Ratio | 0.0219 | |||
| Treynor Ratio | 0.4737 |
Klondike Silver Corp Backtested Returns
Klondike Silver Corp has Sharpe Ratio of -0.0292, which conveys that the firm had a -0.0292% return per unit of risk over the last 3 months. Klondike Silver exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Klondike Silver's Risk Adjusted Performance of 0.0455, downside deviation of 18.33, and Mean Deviation of 4.85 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.9, which conveys possible diversification benefits within a given portfolio. Klondike Silver returns are very sensitive to returns on the market. As the market goes up or down, Klondike Silver is expected to follow. At this point, Klondike Silver Corp has a negative expected return of -0.26%. Please make sure to verify Klondike Silver's treynor ratio and the relationship between the downside variance and relative strength index , to decide if Klondike Silver Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.18 |
Very weak predictability
Klondike Silver Corp has very weak predictability. Overlapping area represents the amount of predictability between Klondike Silver time series from 28th of November 2023 to 10th of June 2024 and 10th of June 2024 to 22nd 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 Klondike Silver Corp price movement. The serial correlation of 0.18 indicates that over 18.0% of current Klondike Silver price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Klondike Silver Corp 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 Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Klondike Stock Analysis
When running Klondike Silver's price analysis, check to measure Klondike Silver'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 Klondike Silver is operating at the current time. Most of Klondike Silver's value examination focuses on studying past and present price action to predict the probability of Klondike Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Klondike Silver's price. Additionally, you may evaluate how the addition of Klondike Silver to your portfolios can decrease your overall portfolio volatility.