Abrasilver Resource Corp Stock Market Value
| ABBRF Stock | USD 2.05 0.08 4.06% |
| Symbol | AbraSilver |
AbraSilver Resource '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 AbraSilver Resource'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 AbraSilver Resource.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in AbraSilver Resource on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding AbraSilver Resource Corp or generate 0.0% return on investment in AbraSilver Resource over 30 days. AbraSilver Resource is related to or competes with Morningstar Unconstrained, High-yield Municipal, Knife River, Klckner Co, CarMax, SEI Investments, and Kosmos Energy. AbraSilver Resource Corp. operates as a precious metals exploration company in Argentina, Chile, and Canada More
AbraSilver Resource 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 AbraSilver Resource'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 AbraSilver Resource Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.26 | |||
| Information Ratio | 0.0387 | |||
| Maximum Drawdown | 15.77 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 6.31 |
AbraSilver Resource Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AbraSilver Resource's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AbraSilver Resource's standard deviation. In reality, there are many statistical measures that can use AbraSilver Resource historical prices to predict the future AbraSilver Resource's volatility.| Risk Adjusted Performance | 0.067 | |||
| Jensen Alpha | 0.2732 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0402 | |||
| Treynor Ratio | (1.42) |
AbraSilver Resource Corp Backtested Returns
AbraSilver Resource appears to be very risky, given 3 months investment horizon. AbraSilver Resource Corp secures Sharpe Ratio (or Efficiency) of 0.068, which signifies that the company had a 0.068% return per unit of risk over the last 3 months. We have found thirty technical indicators for AbraSilver Resource Corp, which you can use to evaluate the volatility of the firm. Please makes use of AbraSilver Resource's Downside Deviation of 3.26, mean deviation of 2.65, and Risk Adjusted Performance of 0.067 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AbraSilver Resource holds a performance score of 5. The firm shows a Beta (market volatility) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AbraSilver Resource are expected to decrease at a much lower rate. During the bear market, AbraSilver Resource is likely to outperform the market. Please check AbraSilver Resource's sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to make a quick decision on whether AbraSilver Resource's price patterns will revert.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
AbraSilver Resource Corp has almost perfect reverse predictability. Overlapping area represents the amount of predictability between AbraSilver Resource time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 AbraSilver Resource Corp price movement. The serial correlation of -0.72 indicates that around 72.0% of current AbraSilver Resource price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
AbraSilver Resource Corp lagged returns against current returns
Autocorrelation, which is AbraSilver Resource 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 AbraSilver Resource's otc stock expected returns. We can calculate the autocorrelation of AbraSilver Resource returns to help us make a trade decision. For example, suppose you find that AbraSilver Resource 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 |
AbraSilver Resource 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 AbraSilver Resource otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AbraSilver Resource otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AbraSilver Resource otc stock over time.
Current vs Lagged Prices |
| Timeline |
AbraSilver Resource Lagged Returns
When evaluating AbraSilver Resource's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AbraSilver Resource otc stock have on its future price. AbraSilver Resource 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, AbraSilver Resource autocorrelation shows the relationship between AbraSilver Resource otc stock current value and its past values and can show if there is a momentum factor associated with investing in AbraSilver Resource Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AbraSilver OTC Stock
AbraSilver Resource financial ratios help investors to determine whether AbraSilver 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 AbraSilver with respect to the benefits of owning AbraSilver Resource security.