Southern Silver Exploration Stock Market Value
| SSV Stock | CAD 0.20 0.01 4.76% |
| Symbol | Southern |
Southern Silver Expl Price To Book Ratio
Southern Silver '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 Southern Silver'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 Southern Silver.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Southern Silver on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Southern Silver Exploration or generate 0.0% return on investment in Southern Silver over 720 days. Southern Silver is related to or competes with Minaurum Gold, Dolly Varden, Santacruz Silv, and GoGold Resources. Southern Silver Exploration Corp., an exploration stage company, engages in the acquisition, exploration, and developmen... More
Southern Silver 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 Southern Silver'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 Southern Silver Exploration upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 41.56 | |||
| Value At Risk | (8.70) | |||
| Potential Upside | 10.0 |
Southern Silver Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Southern Silver's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Southern Silver's standard deviation. In reality, there are many statistical measures that can use Southern Silver historical prices to predict the future Southern Silver's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (1.35) | |||
| Treynor Ratio | (0.20) |
Southern Silver Expl Backtested Returns
Southern Silver Expl owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0161, which indicates the firm had a -0.0161% return per unit of risk over the last 3 months. Southern Silver Exploration exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Southern Silver's Variance of 50.11, risk adjusted performance of (0.01), and Coefficient Of Variation of (4,429) to confirm the risk estimate we provide. The entity has a beta of 0.83, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Southern Silver's returns are expected to increase less than the market. However, during the bear market, the loss of holding Southern Silver is expected to be smaller as well. At this point, Southern Silver Expl has a negative expected return of -0.11%. Please make sure to validate Southern Silver's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Southern Silver Expl performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.31 |
Poor reverse predictability
Southern Silver Exploration has poor reverse predictability. Overlapping area represents the amount of predictability between Southern Silver time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Southern Silver Expl price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Southern Silver price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Southern Silver Expl lagged returns against current returns
Autocorrelation, which is Southern Silver 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 Southern Silver's stock expected returns. We can calculate the autocorrelation of Southern Silver returns to help us make a trade decision. For example, suppose you find that Southern Silver 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 |
Southern Silver 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 Southern Silver stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Southern Silver stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Southern Silver stock over time.
Current vs Lagged Prices |
| Timeline |
Southern Silver Lagged Returns
When evaluating Southern Silver's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Southern Silver stock have on its future price. Southern Silver 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, Southern Silver autocorrelation shows the relationship between Southern Silver stock current value and its past values and can show if there is a momentum factor associated with investing in Southern Silver Exploration.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Southern Stock Analysis
When running Southern Silver's price analysis, check to measure Southern Silver'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 Southern Silver is operating at the current time. Most of Southern Silver's value examination focuses on studying past and present price action to predict the probability of Southern Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Silver's price. Additionally, you may evaluate how the addition of Southern Silver to your portfolios can decrease your overall portfolio volatility.