Silver Ridge's market value is the price at which a share of Silver Ridge trades on a public exchange. It measures the collective expectations of Silver Ridge Holdings investors about its performance. Silver Ridge is selling for 0.57 as of the 25th of November 2024. This is a 1.72 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.57. With this module, you can estimate the performance of a buy and hold strategy of Silver Ridge Holdings and determine expected loss or profit from investing in Silver Ridge over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Silver
Silver Ridge '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 Silver Ridge's 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 Silver Ridge.
0.00
10/26/2024
No Change 0.00
0.0
In 31 days
11/25/2024
0.00
If you would invest 0.00 in Silver Ridge on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Silver Ridge Holdings or generate 0.0% return on investment in Silver Ridge over 30 days.
Silver Ridge 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 Silver Ridge's 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 Silver Ridge Holdings upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silver Ridge's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Silver Ridge's standard deviation. In reality, there are many statistical measures that can use Silver Ridge historical prices to predict the future Silver Ridge's volatility.
Silver Ridge appears to be extremely dangerous, given 3 months investment horizon. Silver Ridge Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the firm had a 0.25% return per unit of risk over the last 3 months. By inspecting Silver Ridge's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please review Silver Ridge's Risk Adjusted Performance of 0.2218, semi deviation of 2.24, and Coefficient Of Variation of 357.2 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Silver Ridge holds a performance score of 19. The entity has a beta of 0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Silver Ridge's returns are expected to increase less than the market. However, during the bear market, the loss of holding Silver Ridge is expected to be smaller as well. Please check Silver Ridge's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to make a quick decision on whether Silver Ridge's existing price patterns will revert.
Auto-correlation
0.73
Good predictability
Silver Ridge Holdings has good predictability. Overlapping area represents the amount of predictability between Silver Ridge time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th of November 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 Silver Ridge Holdings price movement. The serial correlation of 0.73 indicates that around 73.0% of current Silver Ridge price fluctuation can be explain by its past prices.
Correlation Coefficient
0.73
Spearman Rank Test
0.85
Residual Average
0.0
Price Variance
0.0
Silver Ridge Holdings lagged returns against current returns
Autocorrelation, which is Silver Ridge 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 Silver Ridge's stock expected returns. We can calculate the autocorrelation of Silver Ridge returns to help us make a trade decision. For example, suppose you find that Silver Ridge 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
Timeline
Silver Ridge 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 Silver Ridge stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Silver Ridge stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Silver Ridge stock over time.
Current vs Lagged Prices
Timeline
Silver Ridge Lagged Returns
When evaluating Silver Ridge's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Silver Ridge stock have on its future price. Silver Ridge 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, Silver Ridge autocorrelation shows the relationship between Silver Ridge stock current value and its past values and can show if there is a momentum factor associated with investing in Silver Ridge Holdings.
Regressed Prices
Timeline
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