SILVER BULLET's market value is the price at which a share of SILVER BULLET trades on a public exchange. It measures the collective expectations of SILVER BULLET DATA investors about its performance. SILVER BULLET is trading at 0.71 as of the 9th of January 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.71. With this module, you can estimate the performance of a buy and hold strategy of SILVER BULLET DATA and determine expected loss or profit from investing in SILVER BULLET over a given investment horizon. Check out SILVER BULLET Correlation, SILVER BULLET Volatility and SILVER BULLET Alpha and Beta module to complement your research on SILVER BULLET.
Please note, there is a significant difference between SILVER BULLET's value and its price as these two are different measures arrived at by different means. Investors typically determine if SILVER BULLET is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SILVER BULLET's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
SILVER BULLET '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 BULLET'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 BULLET.
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12/10/2024
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In 31 days
01/09/2025
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If you would invest 0.00 in SILVER BULLET on December 10, 2024 and sell it all today you would earn a total of 0.00 from holding SILVER BULLET DATA or generate 0.0% return on investment in SILVER BULLET over 30 days. SILVER BULLET is related to or competes with SIDETRADE, Automatic Data, China DatangRenewable, Datadog, FLOW TRADERS, DATA MODUL, and Teradata Corp. More
SILVER BULLET 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 BULLET'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 BULLET DATA 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 BULLET's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SILVER BULLET's standard deviation. In reality, there are many statistical measures that can use SILVER BULLET historical prices to predict the future SILVER BULLET's volatility.
SILVER BULLET appears to be abnormally volatile, given 3 months investment horizon. SILVER BULLET DATA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the firm had a 0.25% return per unit of volatility over the last 3 months. By examining SILVER BULLET's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please review SILVER BULLET's coefficient of variation of 951.36, and Risk Adjusted Performance of 0.0922 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SILVER BULLET holds a performance score of 19. The entity has a beta of 0.011, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SILVER BULLET's returns are expected to increase less than the market. However, during the bear market, the loss of holding SILVER BULLET is expected to be smaller as well. Please check SILVER BULLET's coefficient of variation, jensen alpha, and the relationship between the downside deviation and information ratio , to make a quick decision on whether SILVER BULLET's existing price patterns will revert.
Correlation Coefficient
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Spearman Rank Test
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Residual Average
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Price Variance
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SILVER BULLET DATA lagged returns against current returns
Autocorrelation, which is SILVER BULLET 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 BULLET's stock expected returns. We can calculate the autocorrelation of SILVER BULLET returns to help us make a trade decision. For example, suppose you find that SILVER BULLET 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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SILVER BULLET 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 BULLET stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SILVER BULLET stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SILVER BULLET stock over time.
Current vs Lagged Prices
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SILVER BULLET Lagged Returns
When evaluating SILVER BULLET's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SILVER BULLET stock have on its future price. SILVER BULLET 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 BULLET autocorrelation shows the relationship between SILVER BULLET stock current value and its past values and can show if there is a momentum factor associated with investing in SILVER BULLET DATA.
SILVER BULLET financial ratios help investors to determine whether SILVER 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 SILVER with respect to the benefits of owning SILVER BULLET security.