Plata Latina Minerals Stock Market Value
| PLA Stock | CAD 0.08 0.01 11.11% |
| Symbol | Plata |
Plata Latina '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 Plata Latina'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 Plata Latina.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Plata Latina on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Plata Latina Minerals or generate 0.0% return on investment in Plata Latina over 90 days. Plata Latina is related to or competes with South Pacific, Guru Organic, Western Investment, Precious Metals, Goodfood Market, Canlan Ice, and Pace Metals. Plata Latina Minerals Corporation engages in acquiring, exploring, and evaluating mineral properties in Canada More
Plata Latina 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 Plata Latina'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 Plata Latina Minerals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1638 | |||
| Maximum Drawdown | 220.0 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 33.33 |
Plata Latina Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Plata Latina's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Plata Latina's standard deviation. In reality, there are many statistical measures that can use Plata Latina historical prices to predict the future Plata Latina's volatility.| Risk Adjusted Performance | 0.1492 | |||
| Jensen Alpha | 4.27 | |||
| Total Risk Alpha | 8.06 | |||
| Treynor Ratio | (1.93) |
Plata Latina Minerals Backtested Returns
Plata Latina is out of control given 3 months investment horizon. Plata Latina Minerals maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16 % return per unit of risk over the last 3 months. We were able to interpolate twenty-three different technical indicators, which can help you to evaluate if expected returns of 4.53% are justified by taking the suggested risk. Use Plata Latina Risk Adjusted Performance of 0.1492, coefficient of variation of 623.93, and Variance of 799.21 to evaluate company specific risk that cannot be diversified away. Plata Latina holds a performance score of 12 on a scale of zero to a hundred. The company holds a Beta of -2.34, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Plata Latina are expected to decrease by larger amounts. On the other hand, during market turmoil, Plata Latina is expected to outperform it. Use Plata Latina jensen alpha and the relationship between the value at risk and day typical price , to analyze future returns on Plata Latina.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Plata Latina Minerals has insignificant reverse predictability. Overlapping area represents the amount of predictability between Plata Latina 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 Plata Latina Minerals price movement. The serial correlation of -0.19 indicates that over 19.0% of current Plata Latina price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Plata Latina Minerals lagged returns against current returns
Autocorrelation, which is Plata Latina 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 Plata Latina's stock expected returns. We can calculate the autocorrelation of Plata Latina returns to help us make a trade decision. For example, suppose you find that Plata Latina 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 |
Plata Latina 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 Plata Latina stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Plata Latina stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Plata Latina stock over time.
Current vs Lagged Prices |
| Timeline |
Plata Latina Lagged Returns
When evaluating Plata Latina's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Plata Latina stock have on its future price. Plata Latina 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, Plata Latina autocorrelation shows the relationship between Plata Latina stock current value and its past values and can show if there is a momentum factor associated with investing in Plata Latina Minerals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Plata Stock Analysis
When running Plata Latina's price analysis, check to measure Plata Latina'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 Plata Latina is operating at the current time. Most of Plata Latina's value examination focuses on studying past and present price action to predict the probability of Plata Latina's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plata Latina's price. Additionally, you may evaluate how the addition of Plata Latina to your portfolios can decrease your overall portfolio volatility.