Sun Peak Metals Stock Market Value
| PEAK Stock | CAD 0.33 0.05 17.86% |
| Symbol | Sun |
Sun Peak '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 Sun Peak'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 Sun Peak.
| 12/07/2024 |
| 01/06/2025 |
If you would invest 0.00 in Sun Peak on December 7, 2024 and sell it all today you would earn a total of 0.00 from holding Sun Peak Metals or generate 0.0% return on investment in Sun Peak over 30 days. Sun Peak is related to or competes with NeXGold Mining, Titanium Transportation, Lion One, Osisko Metals, Canlan Ice, and Arbor Metals. Sun Peak Metals Corp., a junior mining company, engages in the acquisition, exploration, and development of resource pro... More
Sun Peak 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 Sun Peak'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 Sun Peak Metals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 28.48 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 5.88 |
Sun Peak Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sun Peak's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sun Peak's standard deviation. In reality, there are many statistical measures that can use Sun Peak historical prices to predict the future Sun Peak's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.29) |
Sun Peak Metals Backtested Returns
Sun Peak Metals owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0391, which indicates the firm had a -0.0391% return per unit of risk over the last 3 months. Sun Peak Metals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sun Peak's Variance of 18.58, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,707) to confirm the risk estimate we provide. The entity has a beta of 0.58, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sun Peak's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sun Peak is expected to be smaller as well. At this point, Sun Peak Metals has a negative expected return of -0.17%. Please make sure to validate Sun Peak's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Sun Peak Metals performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.05 |
Very weak reverse predictability
Sun Peak Metals has very weak reverse predictability. Overlapping area represents the amount of predictability between Sun Peak time series from 7th of December 2024 to 22nd of December 2024 and 22nd of December 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 Sun Peak Metals price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Sun Peak price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sun Peak Metals lagged returns against current returns
Autocorrelation, which is Sun Peak 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 Sun Peak's stock expected returns. We can calculate the autocorrelation of Sun Peak returns to help us make a trade decision. For example, suppose you find that Sun Peak 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 |
Sun Peak 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 Sun Peak stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sun Peak stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sun Peak stock over time.
Current vs Lagged Prices |
| Timeline |
Sun Peak Lagged Returns
When evaluating Sun Peak's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sun Peak stock have on its future price. Sun Peak 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, Sun Peak autocorrelation shows the relationship between Sun Peak stock current value and its past values and can show if there is a momentum factor associated with investing in Sun Peak Metals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Sun Stock Analysis
When running Sun Peak's price analysis, check to measure Sun Peak'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 Sun Peak is operating at the current time. Most of Sun Peak's value examination focuses on studying past and present price action to predict the probability of Sun Peak's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Peak's price. Additionally, you may evaluate how the addition of Sun Peak to your portfolios can decrease your overall portfolio volatility.