Western Alaska Minerals Stock Market Value
| WAMFF Stock | USD 0.46 0.04 8.00% |
| Symbol | Western |
Western Alaska '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 Western Alaska'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 Western Alaska.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Western Alaska on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Western Alaska Minerals or generate 0.0% return on investment in Western Alaska over 90 days. Western Alaska is related to or competes with Equity Metals, Sierra Madre, and Denarius Silver. Western Alaska Minerals Corp. engages in the development, exploration, and operation of mineral properties in the United... More
Western Alaska 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 Western Alaska'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 Western Alaska Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.43 | |||
| Information Ratio | 0.0722 | |||
| Maximum Drawdown | 56.04 | |||
| Value At Risk | (10.81) | |||
| Potential Upside | 20.0 |
Western Alaska Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Western Alaska's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Western Alaska's standard deviation. In reality, there are many statistical measures that can use Western Alaska historical prices to predict the future Western Alaska's volatility.| Risk Adjusted Performance | 0.063 | |||
| Jensen Alpha | 0.4408 | |||
| Total Risk Alpha | 1.78 | |||
| Sortino Ratio | 0.0821 | |||
| Treynor Ratio | (0.45) |
Western Alaska Minerals Backtested Returns
Western Alaska is out of control given 3 months investment horizon. Western Alaska Minerals shows Sharpe Ratio of 0.11, which attests that the company had a 0.11 % return per unit of risk over the last 3 months. We were able to analyze and collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.09% are justified by taking the suggested risk. Use Western Alaska Minerals Downside Deviation of 8.43, mean deviation of 6.05, and Market Risk Adjusted Performance of (0.44) to evaluate company specific risk that cannot be diversified away. Western Alaska holds a performance score of 8 on a scale of zero to a hundred. The firm maintains a market beta of -1.31, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Western Alaska are expected to decrease by larger amounts. On the other hand, during market turmoil, Western Alaska is expected to outperform it. Use Western Alaska Minerals kurtosis, market facilitation index, and the relationship between the semi variance and rate of daily change , to analyze future returns on Western Alaska Minerals.
Auto-correlation | 0.51 |
Modest predictability
Western Alaska Minerals has modest predictability. Overlapping area represents the amount of predictability between Western Alaska 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 Western Alaska Minerals price movement. The serial correlation of 0.51 indicates that about 51.0% of current Western Alaska price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Western Alaska Minerals lagged returns against current returns
Autocorrelation, which is Western Alaska 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 Western Alaska's pink sheet expected returns. We can calculate the autocorrelation of Western Alaska returns to help us make a trade decision. For example, suppose you find that Western Alaska 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 |
Western Alaska 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 Western Alaska pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Western Alaska pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Western Alaska pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Western Alaska Lagged Returns
When evaluating Western Alaska's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Western Alaska pink sheet have on its future price. Western Alaska 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, Western Alaska autocorrelation shows the relationship between Western Alaska pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Western Alaska Minerals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Western Pink Sheet
Western Alaska financial ratios help investors to determine whether Western 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 Western with respect to the benefits of owning Western Alaska security.