Peak Resources (Germany) Market Value
| M3U Stock | EUR 0.05 0.0005 1.08% |
| Symbol | Peak |
Peak Resources '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 Peak Resources' 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 Peak Resources.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Peak Resources on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Peak Resources Limited or generate 0.0% return on investment in Peak Resources over 90 days. Peak Resources is related to or competes with Cleanaway Waste, Globe Trade, MagnaChip Semiconductor, FLOW TRADERS, Fast Retailing, Lattice Semiconductor, and FAST RETAIL. Peak Resources Limited engages in the exploration and evaluation of mineral licenses in Tanzania More
Peak Resources 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 Peak Resources' 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 Peak Resources Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 37.96 | |||
| Value At Risk | (13.73) | |||
| Potential Upside | 10.62 |
Peak Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Peak Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Peak Resources' standard deviation. In reality, there are many statistical measures that can use Peak Resources historical prices to predict the future Peak Resources' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | 0.6253 | |||
| Treynor Ratio | (0.70) |
Peak Resources Backtested Returns
Peak Resources maintains Sharpe Ratio (i.e., Efficiency) of -0.0374, which implies the firm had a -0.0374 % return per unit of risk over the last 3 months. Peak Resources exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Peak Resources' Risk Adjusted Performance of (0.02), coefficient of variation of (2,671), and Variance of 52.35 to confirm the risk estimate we provide. The company holds a Beta of 0.4, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Peak Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Peak Resources is expected to be smaller as well. At this point, Peak Resources has a negative expected return of -0.27%. Please make sure to check Peak Resources' jensen alpha, skewness, and the relationship between the variance and treynor ratio , to decide if Peak Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
Peak Resources Limited has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Peak Resources time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Peak Resources price movement. The serial correlation of -0.79 indicates that around 79.0% of current Peak Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Peak Resources lagged returns against current returns
Autocorrelation, which is Peak Resources 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 Peak Resources' stock expected returns. We can calculate the autocorrelation of Peak Resources returns to help us make a trade decision. For example, suppose you find that Peak Resources 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 |
Peak Resources 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 Peak Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Peak Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Peak Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Peak Resources Lagged Returns
When evaluating Peak Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Peak Resources stock have on its future price. Peak Resources 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, Peak Resources autocorrelation shows the relationship between Peak Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Peak Resources Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Peak Stock
Peak Resources financial ratios help investors to determine whether Peak 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 Peak with respect to the benefits of owning Peak Resources security.