Silvercorp Metals (Germany) Price on October 3, 2024
S9Y Stock | EUR 2.87 0.04 1.37% |
If you're considering investing in Silvercorp Stock, it is important to understand the factors that can impact its price. As of today, the current price of Silvercorp Metals stands at 2.87, as last reported on the 23rd of December, with the highest price reaching 2.87 and the lowest price hitting 2.87 during the day. Silvercorp Metals owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Silvercorp Metals exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Silvercorp Metals' Risk Adjusted Performance of (0.05), variance of 13.15, and Coefficient Of Variation of (1,298) to confirm the risk estimate we provide.
Silvercorp Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Silvercorp |
Sharpe Ratio = -0.1235
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Estimated Market Risk
3.52 actual daily | 31 69% of assets are more volatile |
Expected Return
-0.43 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Silvercorp Metals is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Silvercorp Metals by adding Silvercorp Metals to a well-diversified portfolio.
Silvercorp Metals Valuation on October 3, 2024
It is possible to determine the worth of Silvercorp Metals on a given historical date. On October 3, 2024 Silvercorp was worth 3.97 at the beginning of the trading date compared to the closed value of 3.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Silvercorp Metals stock. Still, in general, we apply an absolute valuation method to find Silvercorp Metals' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Silvercorp Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Silvercorp Metals' related companies.
Open | High | Low | Close | Volume | |
3.93 | 3.93 | 3.93 | 3.93 | 1.00 | |
10/03/2024 | 3.97 | 3.97 | 3.97 | 3.97 | 1.00 |
4.07 | 4.15 | 4.07 | 4.15 | 240.00 |
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Silvercorp Metals Trading Date Momentum on October 3, 2024
On October 04 2024 Silvercorp Metals was traded for 4.15 at the closing time. The highest daily price throughout the period was 4.15 and the lowest price was 4.07 . The daily volume was 240. The net trading volume on 10/04/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 4.53% . The trading price change to current closing price is 10.33% . |
Silvercorp Metals Fundamentals Correlations and Trends
By evaluating Silvercorp Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Silvercorp Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Silvercorp financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Silvercorp Metals Stock history
Silvercorp Metals investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Silvercorp is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Silvercorp Metals will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Silvercorp Metals stock prices may prove useful in developing a viable investing in Silvercorp Metals
Silvercorp Metals Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and mining of silver and related mineral properties in China. Silvercorp Metals Inc. is headquartered in Vancouver, Canada. SILVERCORP METALS operates under Silver classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1207 people.
Silvercorp Metals Stock Technical Analysis
Silvercorp Metals technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Silvercorp Metals Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Silvercorp Metals cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Silvercorp Metals December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Silvercorp Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Silvercorp Metals shares will generate the highest return on investment. By undertsting and applying Silvercorp Metals stock market strength indicators, traders can identify Silvercorp Metals entry and exit signals to maximize returns
Silvercorp Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Silvercorp Metals' price direction in advance. Along with the technical and fundamental analysis of Silvercorp Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Silvercorp to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.05) | |||
Jensen Alpha | (0.29) | |||
Total Risk Alpha | (0.39) | |||
Treynor Ratio | 2.74 |
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Price Transform | ||
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Volume Indicators |
Complementary Tools for Silvercorp Stock analysis
When running Silvercorp Metals' price analysis, check to measure Silvercorp Metals' 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 Silvercorp Metals is operating at the current time. Most of Silvercorp Metals' value examination focuses on studying past and present price action to predict the probability of Silvercorp Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silvercorp Metals' price. Additionally, you may evaluate how the addition of Silvercorp Metals to your portfolios can decrease your overall portfolio volatility.
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