Silver Spruce Resources Stock Market Value
| SSEBF Stock | USD 0 0.0008 23.53% |
| Symbol | Silver |
Silver Spruce '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 Spruce's 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 Spruce.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Silver Spruce on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Silver Spruce Resources or generate 0.0% return on investment in Silver Spruce over 90 days. Silver Spruce is related to or competes with Freegold Ventures, Strategic Metals, and Aclara Resources. Silver Spruce Resources Inc., a junior exploration company, explores for precious and base minerals More
Silver Spruce 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 Spruce's 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 Spruce Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 24.82 | |||
| Information Ratio | 0.0473 | |||
| Maximum Drawdown | 104.63 | |||
| Value At Risk | (23.53) | |||
| Potential Upside | 22.5 |
Silver Spruce Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silver Spruce's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Silver Spruce's standard deviation. In reality, there are many statistical measures that can use Silver Spruce historical prices to predict the future Silver Spruce's volatility.| Risk Adjusted Performance | 0.045 | |||
| Jensen Alpha | 0.5855 | |||
| Total Risk Alpha | 2.57 | |||
| Sortino Ratio | 0.0296 | |||
| Treynor Ratio | (1.73) |
Silver Spruce Resources Backtested Returns
Silver Spruce appears to be out of control, given 3 months investment horizon. Silver Spruce Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0422, which indicates the firm had a 0.0422 % return per unit of risk over the last 3 months. By inspecting Silver Spruce's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please review Silver Spruce's Semi Deviation of 10.75, risk adjusted performance of 0.045, and Coefficient Of Variation of 2446.48 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Silver Spruce holds a performance score of 3. The entity has a beta of -0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Silver Spruce are expected to decrease at a much lower rate. During the bear market, Silver Spruce is likely to outperform the market. Please check Silver Spruce's semi variance, day median price, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Silver Spruce's existing price patterns will revert.
Auto-correlation | 0.09 |
Virtually no predictability
Silver Spruce Resources has virtually no predictability. Overlapping area represents the amount of predictability between Silver Spruce time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Spruce Resources price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Silver Spruce price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Silver Spruce Resources lagged returns against current returns
Autocorrelation, which is Silver Spruce 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 Spruce's pink sheet expected returns. We can calculate the autocorrelation of Silver Spruce returns to help us make a trade decision. For example, suppose you find that Silver Spruce 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 Spruce 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 Spruce pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Silver Spruce 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 Spruce pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Silver Spruce Lagged Returns
When evaluating Silver Spruce's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Silver Spruce pink sheet have on its future price. Silver Spruce 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 Spruce autocorrelation shows the relationship between Silver Spruce pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Silver Spruce Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Silver Pink Sheet
Silver Spruce 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 Spruce security.