Yellow Cake Plc Stock Market Value
| YLLXF Stock | USD 6.93 0.00 0.00% |
| Symbol | Yellow |
Yellow Cake '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 Yellow Cake's otc 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 Yellow Cake.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Yellow Cake on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Yellow Cake plc or generate 0.0% return on investment in Yellow Cake over 360 days. Yellow Cake is related to or competes with Elevate Uranium, Sprott Physical, Energy Fuels, Purepoint Uranium, Bannerman Resources, Aura Energy, and Isoenergy. Yellow Cake plc, a specialist company, operates in the uranium sector More
Yellow Cake 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 Yellow Cake's otc 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 Yellow Cake plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 30.25 | |||
| Value At Risk | (5.49) | |||
| Potential Upside | 6.47 |
Yellow Cake Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yellow Cake's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yellow Cake's standard deviation. In reality, there are many statistical measures that can use Yellow Cake historical prices to predict the future Yellow Cake's volatility.| Risk Adjusted Performance | 0.0049 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (0.12) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Yellow Cake's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Yellow Cake plc Backtested Returns
At this point, Yellow Cake is slightly risky. Yellow Cake plc shows Sharpe Ratio of 0.0128, which attests that the company had a 0.0128% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Yellow Cake plc, which you can use to evaluate the volatility of the company. Please check out Yellow Cake's Mean Deviation of 2.34, market risk adjusted performance of (0.11), and Standard Deviation of 3.87 to validate if the risk estimate we provide is consistent with the expected return of 0.0502%. Yellow Cake has a performance score of 1 on a scale of 0 to 100. The firm maintains a market beta of 0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Yellow Cake's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yellow Cake is expected to be smaller as well. Yellow Cake plc right now maintains a risk of 3.92%. Please check out Yellow Cake plc jensen alpha and kurtosis , to decide if Yellow Cake plc will be following its historical returns.
Auto-correlation | -0.45 |
Modest reverse predictability
Yellow Cake plc has modest reverse predictability. Overlapping area represents the amount of predictability between Yellow Cake time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Yellow Cake plc price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Yellow Cake price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Yellow Cake plc lagged returns against current returns
Autocorrelation, which is Yellow Cake otc 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 Yellow Cake's otc stock expected returns. We can calculate the autocorrelation of Yellow Cake returns to help us make a trade decision. For example, suppose you find that Yellow Cake has exhibited high autocorrelation historically, and you observe that the otc 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 |
Yellow Cake 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 Yellow Cake otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yellow Cake otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yellow Cake otc stock over time.
Current vs Lagged Prices |
| Timeline |
Yellow Cake Lagged Returns
When evaluating Yellow Cake's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yellow Cake otc stock have on its future price. Yellow Cake 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, Yellow Cake autocorrelation shows the relationship between Yellow Cake otc stock current value and its past values and can show if there is a momentum factor associated with investing in Yellow Cake plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Yellow OTC Stock
Yellow Cake financial ratios help investors to determine whether Yellow OTC Stock 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 Yellow with respect to the benefits of owning Yellow Cake security.