Pacific Imperial Mines Stock Market Value
| PPM Stock | CAD 0.01 0.01 50.00% |
| Symbol | Pacific |
Pacific Imperial '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 Pacific Imperial'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 Pacific Imperial.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in Pacific Imperial on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Pacific Imperial Mines or generate 0.0% return on investment in Pacific Imperial over 360 days. Pacific Imperial is related to or competes with Algoma Steel, Champion Iron, European Residential, Financial, Rubicon Organics, Linamar, and Amazon CDR. Pacific Imperial Mines Inc. engages in the identification, evaluation, acquisition, exploration, and development of mine... More
Pacific Imperial 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 Pacific Imperial'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 Pacific Imperial Mines upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1188 | |||
| Maximum Drawdown | 133.33 | |||
| Potential Upside | 50.0 |
Pacific Imperial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacific Imperial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pacific Imperial's standard deviation. In reality, there are many statistical measures that can use Pacific Imperial historical prices to predict the future Pacific Imperial's volatility.| Risk Adjusted Performance | 0.1057 | |||
| Jensen Alpha | 3.06 | |||
| Total Risk Alpha | (0.84) | |||
| Treynor Ratio | (0.59) |
Pacific Imperial Mines Backtested Returns
Pacific Imperial is out of control given 3 months investment horizon. Pacific Imperial Mines maintains Sharpe Ratio (i.e., Efficiency) of 0.0942, which implies the firm had a 0.0942% return per unit of risk over the last 3 months. We were able to interpolate twenty different technical indicators, which can help you to evaluate if expected returns of 1.85% are justified by taking the suggested risk. Use Pacific Imperial Variance of 403.78, coefficient of variation of 795.73, and Risk Adjusted Performance of 0.1057 to evaluate company specific risk that cannot be diversified away. Pacific Imperial holds a performance score of 7 on a scale of zero to a hundred. The company holds a Beta of -4.24, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Pacific Imperial are expected to decrease by larger amounts. On the other hand, during market turmoil, Pacific Imperial is expected to outperform it. Use Pacific Imperial information ratio, as well as the relationship between the skewness and day median price , to analyze future returns on Pacific Imperial.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Pacific Imperial Mines has insignificant reverse predictability. Overlapping area represents the amount of predictability between Pacific Imperial time series from 8th of December 2023 to 5th of June 2024 and 5th of June 2024 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pacific Imperial Mines price movement. The serial correlation of -0.17 indicates that over 17.0% of current Pacific Imperial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pacific Imperial Mines lagged returns against current returns
Autocorrelation, which is Pacific Imperial 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 Pacific Imperial's stock expected returns. We can calculate the autocorrelation of Pacific Imperial returns to help us make a trade decision. For example, suppose you find that Pacific Imperial 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 |
Pacific Imperial 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 Pacific Imperial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pacific Imperial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pacific Imperial stock over time.
Current vs Lagged Prices |
| Timeline |
Pacific Imperial Lagged Returns
When evaluating Pacific Imperial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pacific Imperial stock have on its future price. Pacific Imperial 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, Pacific Imperial autocorrelation shows the relationship between Pacific Imperial stock current value and its past values and can show if there is a momentum factor associated with investing in Pacific Imperial Mines.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Pacific Stock Analysis
When running Pacific Imperial's price analysis, check to measure Pacific Imperial'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 Pacific Imperial is operating at the current time. Most of Pacific Imperial's value examination focuses on studying past and present price action to predict the probability of Pacific Imperial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pacific Imperial's price. Additionally, you may evaluate how the addition of Pacific Imperial to your portfolios can decrease your overall portfolio volatility.