Imperial Metals' market value is the price at which a share of Imperial Metals trades on a public exchange. It measures the collective expectations of Imperial Metals investors about its performance. Imperial Metals is trading at 1.27 as of the 6th of January 2025. This is a 0.78% down since the beginning of the trading day. The stock's lowest day price was 1.27. With this module, you can estimate the performance of a buy and hold strategy of Imperial Metals and determine expected loss or profit from investing in Imperial Metals over a given investment horizon. Check out Imperial Metals Correlation, Imperial Metals Volatility and Imperial Metals Alpha and Beta module to complement your research on Imperial Metals.
Please note, there is a significant difference between Imperial Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Imperial Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Imperial Metals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Imperial Metals '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 Imperial Metals' 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 Imperial Metals.
0.00
02/16/2023
No Change 0.00
0.0
In 1 year 10 months and 22 days
01/06/2025
0.00
If you would invest 0.00 in Imperial Metals on February 16, 2023 and sell it all today you would earn a total of 0.00 from holding Imperial Metals or generate 0.0% return on investment in Imperial Metals over 690 days. Imperial Metals is related to or competes with Japan Asia, Air Lease, LOANDEPOT INC, REINET INVESTMENTS, SLR Investment, Sixt Leasing, and Virtus Investment. Imperial Metals Corporation acquires, explores, develops, mining, and produces base and precious metals in Canada More
Imperial Metals 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 Imperial Metals' 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 Imperial Metals upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Imperial Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Imperial Metals' standard deviation. In reality, there are many statistical measures that can use Imperial Metals historical prices to predict the future Imperial Metals' volatility.
Imperial Metals holds Efficiency (Sharpe) Ratio of -0.0134, which attests that the entity had a -0.0134% return per unit of risk over the last 3 months. Imperial Metals exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Imperial Metals' Downside Deviation of 3.18, risk adjusted performance of 0.0093, and Market Risk Adjusted Performance of 0.0024 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Imperial Metals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Imperial Metals is expected to be smaller as well. At this point, Imperial Metals has a negative expected return of -0.0457%. Please make sure to check out Imperial Metals' total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Imperial Metals performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.6
Good reverse predictability
Imperial Metals has good reverse predictability. Overlapping area represents the amount of predictability between Imperial Metals time series from 16th of February 2023 to 27th of January 2024 and 27th of January 2024 to 6th 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 Imperial Metals price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Imperial Metals price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.6
Spearman Rank Test
-0.38
Residual Average
0.0
Price Variance
0.02
Imperial Metals lagged returns against current returns
Autocorrelation, which is Imperial Metals 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 Imperial Metals' stock expected returns. We can calculate the autocorrelation of Imperial Metals returns to help us make a trade decision. For example, suppose you find that Imperial Metals 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
Imperial Metals 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 Imperial Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Imperial Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Imperial Metals stock over time.
Current vs Lagged Prices
Timeline
Imperial Metals Lagged Returns
When evaluating Imperial Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Imperial Metals stock have on its future price. Imperial Metals 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, Imperial Metals autocorrelation shows the relationship between Imperial Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Imperial Metals.
Imperial Metals financial ratios help investors to determine whether Imperial 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 Imperial with respect to the benefits of owning Imperial Metals security.