Abrasilver Resource Corp Stock Market Value
| ABRA Stock | 10.88 0.45 4.31% |
| Symbol | AbraSilver |
AbraSilver Resource Corp Price To Book Ratio
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 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.
| 06/28/2025 |
| 12/25/2025 |
If you would invest 0.00 in AbraSilver Resource on June 28, 2025 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 180 days. AbraSilver Resource is related to or competes with China Gold, Triple Flag, G Mining, Perpetua Resources, Aris Mining, Solaris Resources, and McEwen Mining. AbraSilver Resource is entity of Canada. It is traded as Stock on TO exchange. 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 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 | 4.54 | |||
| Information Ratio | 0.1542 | |||
| Maximum Drawdown | 22.64 | |||
| Value At Risk | (7.26) | |||
| Potential Upside | 7.65 |
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 | 0.1267 | |||
| Jensen Alpha | 0.7027 | |||
| Total Risk Alpha | 0.3978 | |||
| Sortino Ratio | 0.1623 | |||
| Treynor Ratio | 0.5021 |
AbraSilver Resource Corp Backtested Returns
AbraSilver Resource appears to be slightly risky, given 3 months investment horizon. AbraSilver Resource Corp secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19 % return per unit of risk over the last 3 months. By analyzing AbraSilver Resource's technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please makes use of AbraSilver Resource's Downside Deviation of 4.54, mean deviation of 3.72, and Risk Adjusted Performance of 0.1267 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 15. The firm shows a Beta (market volatility) of 1.58, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, AbraSilver Resource will likely underperform. Please check AbraSilver Resource's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether AbraSilver Resource's price patterns will revert.
Auto-correlation | 0.28 |
Poor predictability
AbraSilver Resource Corp has poor predictability. Overlapping area represents the amount of predictability between AbraSilver Resource time series from 28th of June 2025 to 26th of September 2025 and 26th of September 2025 to 25th of December 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 AbraSilver Resource Corp price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current AbraSilver Resource price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 2.37 |
AbraSilver Resource Corp lagged returns against current returns
Autocorrelation, which is AbraSilver Resource 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 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 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AbraSilver Resource 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 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 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 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 |
Pair Trading with AbraSilver Resource
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AbraSilver Resource position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AbraSilver Resource will appreciate offsetting losses from the drop in the long position's value.Moving together with AbraSilver Stock
| 0.9 | CGG | China Gold International | PairCorr |
| 0.83 | GMIN | G Mining Ventures | PairCorr |
| 0.83 | TFPM | Triple Flag Precious | PairCorr |
| 0.93 | ARIS | Aris Mining | PairCorr |
Moving against AbraSilver Stock
The ability to find closely correlated positions to AbraSilver Resource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AbraSilver Resource when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AbraSilver Resource - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AbraSilver Resource Corp to buy it.
The correlation of AbraSilver Resource is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AbraSilver Resource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AbraSilver Resource Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AbraSilver Resource can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in AbraSilver Stock
AbraSilver Resource financial ratios help investors to determine whether AbraSilver 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.