Silver One Resources Stock Market Value
| SVE Stock | CAD 0.21 0.01 4.55% |
| Symbol | Silver |
Silver One Resources Price To Book Ratio
Silver One '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 One'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 Silver One.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Silver One on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Silver One Resources or generate 0.0% return on investment in Silver One over 30 days. Silver One is related to or competes with Reyna Silver, Dolly Varden, Kootenay Silver, and Aftermath Silver. Silver One Resources Inc., through its subsidiary, acquires, explores for, and develops silver properties in Mexico and ... More
Silver One 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 One'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 Silver One Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 23.91 | |||
| Value At Risk | (8.00) | |||
| Potential Upside | 8.0 |
Silver One Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silver One's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Silver One's standard deviation. In reality, there are many statistical measures that can use Silver One historical prices to predict the future Silver One's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.93) | |||
| Treynor Ratio | 0.5246 |
Silver One Resources Backtested Returns
Silver One Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Silver One Resources exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Silver One's Variance of 23.37, risk adjusted performance of (0.01), and Coefficient Of Variation of (3,206) to confirm the risk estimate we provide. The entity has a beta of -0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Silver One are expected to decrease at a much lower rate. During the bear market, Silver One is likely to outperform the market. At this point, Silver One Resources has a negative expected return of -0.47%. Please make sure to validate Silver One's potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if Silver One Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.32 |
Below average predictability
Silver One Resources has below average predictability. Overlapping area represents the amount of predictability between Silver One time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Silver One Resources price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Silver One price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Silver One Resources lagged returns against current returns
Autocorrelation, which is Silver One 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 Silver One's stock expected returns. We can calculate the autocorrelation of Silver One returns to help us make a trade decision. For example, suppose you find that Silver One 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 |
Silver One 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 One stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Silver One stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Silver One stock over time.
Current vs Lagged Prices |
| Timeline |
Silver One Lagged Returns
When evaluating Silver One's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Silver One stock have on its future price. Silver One 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 One autocorrelation shows the relationship between Silver One stock current value and its past values and can show if there is a momentum factor associated with investing in Silver One Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Silver Stock Analysis
When running Silver One's price analysis, check to measure Silver One'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 Silver One is operating at the current time. Most of Silver One's value examination focuses on studying past and present price action to predict the probability of Silver One's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silver One's price. Additionally, you may evaluate how the addition of Silver One to your portfolios can decrease your overall portfolio volatility.