Orvana Minerals Corp Stock Market Value
| ORVMF Stock | USD 0.25 0.03 13.64% |
| Symbol | Orvana |
Orvana Minerals '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 Orvana Minerals' 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 Orvana Minerals.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Orvana Minerals on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Orvana Minerals Corp or generate 0.0% return on investment in Orvana Minerals over 90 days. Orvana Minerals is related to or competes with Orvana Minerals, China Gold, IMPACT Silver, Mandalay Resources, and Major Drilling. Orvana Minerals Corp., a mining and exploration company, engages in the evaluation, development, and mining of precious ... More
Orvana Minerals 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 Orvana Minerals' 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 Orvana Minerals Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.9 | |||
| Information Ratio | 0.0891 | |||
| Maximum Drawdown | 49.23 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 11.11 |
Orvana Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orvana Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Orvana Minerals' standard deviation. In reality, there are many statistical measures that can use Orvana Minerals historical prices to predict the future Orvana Minerals' volatility.| Risk Adjusted Performance | 0.0716 | |||
| Jensen Alpha | 0.4615 | |||
| Total Risk Alpha | 1.17 | |||
| Sortino Ratio | 0.0536 | |||
| Treynor Ratio | 1.15 |
Orvana Minerals Corp Backtested Returns
Orvana Minerals appears to be out of control, given 3 months investment horizon. Orvana Minerals Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the firm had a 0.1 % return per unit of risk over the last 3 months. By analyzing Orvana Minerals' technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please evaluate Orvana Minerals' Semi Deviation of 3.75, risk adjusted performance of 0.0716, and Coefficient Of Variation of 1379.79 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Orvana Minerals holds a performance score of 8. The company holds a Beta of 0.37, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Orvana Minerals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Orvana Minerals is expected to be smaller as well. Please check Orvana Minerals' downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether Orvana Minerals' historical price patterns will revert.
Auto-correlation | -0.63 |
Very good reverse predictability
Orvana Minerals Corp has very good reverse predictability. Overlapping area represents the amount of predictability between Orvana Minerals time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Orvana Minerals Corp price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Orvana Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Orvana Minerals Corp lagged returns against current returns
Autocorrelation, which is Orvana Minerals 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 Orvana Minerals' pink sheet expected returns. We can calculate the autocorrelation of Orvana Minerals returns to help us make a trade decision. For example, suppose you find that Orvana Minerals 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 |
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Orvana Minerals 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 Orvana Minerals pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Orvana Minerals pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Orvana Minerals pink sheet over time.
Current vs Lagged Prices |
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Orvana Minerals Lagged Returns
When evaluating Orvana Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Orvana Minerals pink sheet have on its future price. Orvana Minerals 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, Orvana Minerals autocorrelation shows the relationship between Orvana Minerals pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Orvana Minerals Corp.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Orvana Pink Sheet
Orvana Minerals financial ratios help investors to determine whether Orvana 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 Orvana with respect to the benefits of owning Orvana Minerals security.