Power Metals (Germany) Market Value
| OAA1 Stock | EUR 0.29 0.01 3.33% |
| Symbol | Power |
Power 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 Power 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 Power Metals.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Power Metals on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Power Metals Corp or generate 0.0% return on investment in Power Metals over 60 days. Power Metals is related to or competes with Universal Insurance, REVO INSURANCE, Safety Insurance, Apollo Investment, DIVERSIFIED ROYALTY, and Insurance Australia. Power Metals Corp. engages in the acquisition, exploration, and evaluation of resource properties in Canada More
Power 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 Power 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 Power Metals Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.11 | |||
| Information Ratio | 0.1064 | |||
| Maximum Drawdown | 36.06 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 8.33 |
Power Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Power Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Power Metals' standard deviation. In reality, there are many statistical measures that can use Power Metals historical prices to predict the future Power Metals' volatility.| Risk Adjusted Performance | 0.098 | |||
| Jensen Alpha | 0.6429 | |||
| Total Risk Alpha | 0.5633 | |||
| Sortino Ratio | 0.1052 | |||
| Treynor Ratio | 0.6538 |
Power Metals Corp Backtested Returns
Power Metals appears to be out of control, given 3 months investment horizon. Power Metals Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0596, which implies the firm had a 0.0596% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Power Metals Corp, which you can use to evaluate the volatility of the company. Please evaluate Power Metals' Coefficient Of Variation of 908.49, semi deviation of 4.46, and Risk Adjusted Performance of 0.098 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Power Metals holds a performance score of 4. The company holds a Beta of 1.0, which implies a somewhat significant risk relative to the market. Power Metals returns are very sensitive to returns on the market. As the market goes up or down, Power Metals is expected to follow. Please check Power Metals' potential upside, semi variance, and the relationship between the value at risk and downside variance , to make a quick decision on whether Power Metals' historical price patterns will revert.
Auto-correlation | 0.06 |
Virtually no predictability
Power Metals Corp has virtually no predictability. Overlapping area represents the amount of predictability between Power Metals time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 Power Metals Corp price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Power Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Power Metals Corp lagged returns against current returns
Autocorrelation, which is Power 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 Power Metals' stock expected returns. We can calculate the autocorrelation of Power Metals returns to help us make a trade decision. For example, suppose you find that Power 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 |
Power 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 Power Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Power Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Power Metals stock over time.
Current vs Lagged Prices |
| Timeline |
Power Metals Lagged Returns
When evaluating Power Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Power Metals stock have on its future price. Power 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, Power Metals autocorrelation shows the relationship between Power Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Power Metals Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Power Stock
Power Metals financial ratios help investors to determine whether Power 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 Power with respect to the benefits of owning Power Metals security.