Sailfish Royalty Corp Stock Market Value
| SROYF Stock | USD 1.01 0.02 2.02% |
| Symbol | Sailfish |
Sailfish Royalty '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 Sailfish Royalty's otc 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 Sailfish Royalty.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Sailfish Royalty on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Sailfish Royalty Corp or generate 0.0% return on investment in Sailfish Royalty over 90 days. Sailfish Royalty is related to or competes with Lavras Gold, Liberty Gold, Cerrado Gold, Tudor Gold, K92 Mining, Equinox Gold, and Contango ORE. Sailfish Royalty Corp. operates as a precious metals royalty and streaming company in the Americas More
Sailfish Royalty 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 Sailfish Royalty's otc 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 Sailfish Royalty Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.43 | |||
| Information Ratio | 0.0329 | |||
| Maximum Drawdown | 19.92 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 5.1 |
Sailfish Royalty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sailfish Royalty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sailfish Royalty's standard deviation. In reality, there are many statistical measures that can use Sailfish Royalty historical prices to predict the future Sailfish Royalty's volatility.| Risk Adjusted Performance | 0.0671 | |||
| Jensen Alpha | 0.2857 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0293 | |||
| Treynor Ratio | (0.50) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sailfish Royalty's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Sailfish Royalty Corp Backtested Returns
Sailfish Royalty appears to be dangerous, given 3 months investment horizon. Sailfish Royalty Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0855, which indicates the firm had a 0.0855% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sailfish Royalty Corp, which you can use to evaluate the volatility of the company. Please review Sailfish Royalty's Risk Adjusted Performance of 0.0671, semi deviation of 2.56, and Coefficient Of Variation of 1281.55 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sailfish Royalty holds a performance score of 6. The entity has a beta of -0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sailfish Royalty are expected to decrease at a much lower rate. During the bear market, Sailfish Royalty is likely to outperform the market. Please check Sailfish Royalty's daily balance of power, price action indicator, as well as the relationship between the semi variance and treynor ratio , to make a quick decision on whether Sailfish Royalty's existing price patterns will revert.
Auto-correlation | -0.57 |
Good reverse predictability
Sailfish Royalty Corp has good reverse predictability. Overlapping area represents the amount of predictability between Sailfish Royalty time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 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 Sailfish Royalty Corp price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Sailfish Royalty price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Sailfish Royalty Corp lagged returns against current returns
Autocorrelation, which is Sailfish Royalty otc 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 Sailfish Royalty's otc stock expected returns. We can calculate the autocorrelation of Sailfish Royalty returns to help us make a trade decision. For example, suppose you find that Sailfish Royalty has exhibited high autocorrelation historically, and you observe that the otc 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 |
Sailfish Royalty 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 Sailfish Royalty otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sailfish Royalty otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sailfish Royalty otc stock over time.
Current vs Lagged Prices |
| Timeline |
Sailfish Royalty Lagged Returns
When evaluating Sailfish Royalty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sailfish Royalty otc stock have on its future price. Sailfish Royalty 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, Sailfish Royalty autocorrelation shows the relationship between Sailfish Royalty otc stock current value and its past values and can show if there is a momentum factor associated with investing in Sailfish Royalty Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sailfish OTC Stock
Sailfish Royalty financial ratios help investors to determine whether Sailfish OTC Stock 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 Sailfish with respect to the benefits of owning Sailfish Royalty security.