Silver Grail Resources Stock Market Value
| SVGAF Stock | USD 0.07 0.00 0.00% |
| Symbol | Silver |
Silver Grail '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 Grail'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 Grail.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Silver Grail on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Silver Grail Resources or generate 0.0% return on investment in Silver Grail over 90 days. Silver Grail is related to or competes with Defiance Silver, Southern Silver, and Gem Diamonds. Silver Grail Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral propert... More
Silver Grail 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 Grail'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 Grail Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.073 | |||
| Maximum Drawdown | 150.0 |
Silver Grail Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silver Grail's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Silver Grail's standard deviation. In reality, there are many statistical measures that can use Silver Grail historical prices to predict the future Silver Grail's volatility.| Risk Adjusted Performance | 0.0703 | |||
| Jensen Alpha | 1.95 | |||
| Total Risk Alpha | (1.91) | |||
| Treynor Ratio | (0.91) |
Silver Grail Resources Backtested Returns
Silver Grail is out of control given 3 months investment horizon. Silver Grail Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0806, which indicates the firm had a 0.0806% return per unit of risk over the last 3 months. We were able to analyze sixteen different technical indicators, which can help you to evaluate if expected returns of 1.77% are justified by taking the suggested risk. Use Silver Grail Resources Coefficient Of Variation of 1259.49, risk adjusted performance of 0.0703, and Variance of 469.72 to evaluate company specific risk that cannot be diversified away. Silver Grail holds a performance score of 6 on a scale of zero to a hundred. The entity has a beta of -1.88, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Silver Grail are expected to decrease by larger amounts. On the other hand, during market turmoil, Silver Grail is expected to outperform it. Use Silver Grail Resources information ratio, skewness, as well as the relationship between the Skewness and day median price , to analyze future returns on Silver Grail Resources.
Auto-correlation | 0.29 |
Poor predictability
Silver Grail Resources has poor predictability. Overlapping area represents the amount of predictability between Silver Grail 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 Silver Grail Resources price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Silver Grail price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Silver Grail Resources lagged returns against current returns
Autocorrelation, which is Silver Grail 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 Grail's pink sheet expected returns. We can calculate the autocorrelation of Silver Grail returns to help us make a trade decision. For example, suppose you find that Silver Grail 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 Grail 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 Grail pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Silver Grail 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 Grail pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Silver Grail Lagged Returns
When evaluating Silver Grail's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Silver Grail pink sheet have on its future price. Silver Grail 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 Grail autocorrelation shows the relationship between Silver Grail pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Silver Grail Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Silver Pink Sheet
Silver Grail 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 Grail security.