Zephyr Minerals Stock Market Value
| ZFR Stock | CAD 0.04 0.01 14.29% |
| Symbol | Zephyr |
Zephyr Minerals '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 Zephyr Minerals' 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 Zephyr Minerals.
| 06/30/2023 |
| 01/20/2025 |
If you would invest 0.00 in Zephyr Minerals on June 30, 2023 and sell it all today you would earn a total of 0.00 from holding Zephyr Minerals or generate 0.0% return on investment in Zephyr Minerals over 570 days. Zephyr Minerals is related to or competes with Highway 50. Zephyr Minerals Ltd., through its subsidiary, Zephyr Gold USA Ltd., engages in the exploration and development of minera... More
Zephyr Minerals 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 Zephyr Minerals' 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 Zephyr Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 18.24 | |||
| Information Ratio | 0.072 | |||
| Maximum Drawdown | 53.33 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 20.0 |
Zephyr Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zephyr Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zephyr Minerals' standard deviation. In reality, there are many statistical measures that can use Zephyr Minerals historical prices to predict the future Zephyr Minerals' volatility.| Risk Adjusted Performance | 0.0717 | |||
| Jensen Alpha | 0.8292 | |||
| Total Risk Alpha | 0.5552 | |||
| Sortino Ratio | 0.0437 | |||
| Treynor Ratio | (1.20) |
Zephyr Minerals Backtested Returns
Zephyr Minerals appears to be out of control, given 3 months investment horizon. Zephyr Minerals shows Sharpe Ratio of 0.0753, which attests that the company had a 0.0753 % return per unit of risk over the last 3 months. By examining Zephyr Minerals' technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please utilize Zephyr Minerals' Mean Deviation of 7.07, downside deviation of 18.24, and Market Risk Adjusted Performance of (1.19) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Zephyr Minerals holds a performance score of 5. The firm maintains a market beta of -0.68, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Zephyr Minerals are expected to decrease at a much lower rate. During the bear market, Zephyr Minerals is likely to outperform the market. Please check Zephyr Minerals' value at risk and the relationship between the expected short fall and period momentum indicator , to make a quick decision on whether Zephyr Minerals' historical returns will revert.
Auto-correlation | 0.80 |
Very good predictability
Zephyr Minerals has very good predictability. Overlapping area represents the amount of predictability between Zephyr Minerals time series from 30th of June 2023 to 10th of April 2024 and 10th of April 2024 to 20th of January 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 Zephyr Minerals price movement. The serial correlation of 0.8 indicates that around 80.0% of current Zephyr Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Zephyr Minerals lagged returns against current returns
Autocorrelation, which is Zephyr Minerals 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 Zephyr Minerals' stock expected returns. We can calculate the autocorrelation of Zephyr Minerals returns to help us make a trade decision. For example, suppose you find that Zephyr Minerals 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 |
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Zephyr Minerals 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 Zephyr Minerals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zephyr Minerals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zephyr Minerals stock over time.
Current vs Lagged Prices |
| Timeline |
Zephyr Minerals Lagged Returns
When evaluating Zephyr Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zephyr Minerals stock have on its future price. Zephyr Minerals 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, Zephyr Minerals autocorrelation shows the relationship between Zephyr Minerals stock current value and its past values and can show if there is a momentum factor associated with investing in Zephyr Minerals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Zephyr Stock Analysis
When running Zephyr Minerals' price analysis, check to measure Zephyr Minerals' 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 Zephyr Minerals is operating at the current time. Most of Zephyr Minerals' value examination focuses on studying past and present price action to predict the probability of Zephyr Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zephyr Minerals' price. Additionally, you may evaluate how the addition of Zephyr Minerals to your portfolios can decrease your overall portfolio volatility.