Silver Mines Limited Stock Market Value
| SLVMF Stock | USD 0.05 0.04 45.92% |
| Symbol | Silver |
Silver Mines '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 Silver Mines' 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 Silver Mines.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Silver Mines on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Silver Mines Limited or generate 0.0% return on investment in Silver Mines over 90 days. Silver Mines is related to or competes with Arizona Silver, Dolly Varden, and Guanajuato Silver. Silver Mines Limited primarily engages in the acquisition, exploration, and development of silver projects in Australia More
Silver Mines 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 Silver Mines' 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 Silver Mines Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 30.25 | |||
| Information Ratio | 0.0231 | |||
| Maximum Drawdown | 77.59 | |||
| Value At Risk | (24.05) | |||
| Potential Upside | 20.0 |
Silver Mines Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silver Mines' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Silver Mines' standard deviation. In reality, there are many statistical measures that can use Silver Mines historical prices to predict the future Silver Mines' volatility.| Risk Adjusted Performance | 0.0218 | |||
| Jensen Alpha | 0.1671 | |||
| Total Risk Alpha | 1.57 | |||
| Sortino Ratio | 0.0087 | |||
| Treynor Ratio | 1.17 |
Silver Mines Limited Backtested Returns
Silver Mines appears to be out of control, given 3 months investment horizon. Silver Mines Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0211, which indicates the firm had a 0.0211 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Silver Mines Limited, which you can use to evaluate the volatility of the company. Please review Silver Mines' Semi Deviation of 8.95, risk adjusted performance of 0.0218, and Coefficient Of Variation of 6953.67 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Silver Mines holds a performance score of 1. The entity has a beta of 0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Silver Mines' returns are expected to increase less than the market. However, during the bear market, the loss of holding Silver Mines is expected to be smaller as well. Please check Silver Mines' treynor ratio and the relationship between the downside variance and day typical price , to make a quick decision on whether Silver Mines' existing price patterns will revert.
Auto-correlation | -0.24 |
Weak reverse predictability
Silver Mines Limited has weak reverse predictability. Overlapping area represents the amount of predictability between Silver Mines time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Silver Mines Limited price movement. The serial correlation of -0.24 indicates that over 24.0% of current Silver Mines price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Silver Mines Limited lagged returns against current returns
Autocorrelation, which is Silver Mines 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 Silver Mines' pink sheet expected returns. We can calculate the autocorrelation of Silver Mines returns to help us make a trade decision. For example, suppose you find that Silver Mines 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 |
| Timeline |
Silver Mines 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 Silver Mines pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Silver Mines pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Silver Mines pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Silver Mines Lagged Returns
When evaluating Silver Mines' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Silver Mines pink sheet have on its future price. Silver Mines 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, Silver Mines autocorrelation shows the relationship between Silver Mines pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Silver Mines Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Silver Pink Sheet
Silver Mines financial ratios help investors to determine whether Silver 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 Silver with respect to the benefits of owning Silver Mines security.