Viscount Mining Corp Stock Market Value
| VLMGF Stock | USD 0.28 0.01 3.70% |
| Symbol | Viscount |
Viscount Mining '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 Viscount Mining'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 Viscount Mining.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Viscount Mining on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Viscount Mining Corp or generate 0.0% return on investment in Viscount Mining over 90 days. Viscount Mining is related to or competes with Kodiak Copper, Capitan Mining, and Blackrock Silver. Viscount Mining Corp. engages in the acquisition, evaluation, and exploration of mineral properties in the United States More
Viscount Mining 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 Viscount Mining'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 Viscount Mining Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.68 | |||
| Information Ratio | 0.1849 | |||
| Maximum Drawdown | 24.88 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 11.54 |
Viscount Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Viscount Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Viscount Mining's standard deviation. In reality, there are many statistical measures that can use Viscount Mining historical prices to predict the future Viscount Mining's volatility.| Risk Adjusted Performance | 0.1534 | |||
| Jensen Alpha | 0.962 | |||
| Total Risk Alpha | 1.56 | |||
| Sortino Ratio | 0.1492 | |||
| Treynor Ratio | 1.32 |
Viscount Mining Corp Backtested Returns
Viscount Mining appears to be out of control, given 3 months investment horizon. Viscount Mining Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18 % return per unit of risk over the last 3 months. By inspecting Viscount Mining's technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please review Viscount Mining's Risk Adjusted Performance of 0.1534, coefficient of variation of 600.4, and Semi Deviation of 3.42 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Viscount Mining holds a performance score of 14. The entity has a beta of 0.67, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Viscount Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Viscount Mining is expected to be smaller as well. Please check Viscount Mining's potential upside and the relationship between the skewness and relative strength index , to make a quick decision on whether Viscount Mining's existing price patterns will revert.
Auto-correlation | 0.01 |
Virtually no predictability
Viscount Mining Corp has virtually no predictability. Overlapping area represents the amount of predictability between Viscount Mining 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 Viscount Mining Corp price movement. The serial correlation of 0.01 indicates that just 1.0% of current Viscount Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Viscount Mining Corp lagged returns against current returns
Autocorrelation, which is Viscount Mining 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 Viscount Mining's pink sheet expected returns. We can calculate the autocorrelation of Viscount Mining returns to help us make a trade decision. For example, suppose you find that Viscount Mining 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 |
Viscount Mining 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 Viscount Mining pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Viscount Mining pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Viscount Mining pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Viscount Mining Lagged Returns
When evaluating Viscount Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Viscount Mining pink sheet have on its future price. Viscount Mining 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, Viscount Mining autocorrelation shows the relationship between Viscount Mining pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Viscount Mining Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Viscount Pink Sheet
Viscount Mining financial ratios help investors to determine whether Viscount 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 Viscount with respect to the benefits of owning Viscount Mining security.