Alaska Energy Metals Stock Market Value
| AEMC Stock | 0.13 0.01 7.14% |
| Symbol | Alaska |
Alaska Energy '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 Alaska Energy'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 Alaska Energy.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Alaska Energy on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Alaska Energy Metals or generate 0.0% return on investment in Alaska Energy over 510 days. Alaska Energy is related to or competes with Hemisphere Energy, Falcon Energy, Postmedia Network, Boat Rocker, Bausch Health, Cogeco Communications, and Data Communications. Alaska Energy is entity of Canada. It is traded as Stock on V exchange. More
Alaska Energy 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 Alaska Energy'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 Alaska Energy Metals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 19.17 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 6.67 |
Alaska Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alaska Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alaska Energy's standard deviation. In reality, there are many statistical measures that can use Alaska Energy historical prices to predict the future Alaska Energy's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.57) | |||
| Total Risk Alpha | (1.21) | |||
| Treynor Ratio | 5.8 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alaska Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Alaska Energy Metals Backtested Returns
Alaska Energy Metals secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of standard deviation over the last 3 months. Alaska Energy Metals exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alaska Energy's mean deviation of 2.66, and Risk Adjusted Performance of (0.1) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0996, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Alaska Energy are expected to decrease at a much lower rate. During the bear market, Alaska Energy is likely to outperform the market. At this point, Alaska Energy Metals has a negative expected return of -0.69%. Please make sure to confirm Alaska Energy's coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to decide if Alaska Energy Metals performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.34 |
Below average predictability
Alaska Energy Metals has below average predictability. Overlapping area represents the amount of predictability between Alaska Energy time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Alaska Energy Metals price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Alaska Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Alaska Energy Metals lagged returns against current returns
Autocorrelation, which is Alaska Energy 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 Alaska Energy's stock expected returns. We can calculate the autocorrelation of Alaska Energy returns to help us make a trade decision. For example, suppose you find that Alaska Energy 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 |
Alaska Energy 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 Alaska Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alaska Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alaska Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Alaska Energy Lagged Returns
When evaluating Alaska Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alaska Energy stock have on its future price. Alaska Energy 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, Alaska Energy autocorrelation shows the relationship between Alaska Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Alaska Energy Metals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Alaska Stock Analysis
When running Alaska Energy's price analysis, check to measure Alaska Energy's 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 Alaska Energy is operating at the current time. Most of Alaska Energy's value examination focuses on studying past and present price action to predict the probability of Alaska Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alaska Energy's price. Additionally, you may evaluate how the addition of Alaska Energy to your portfolios can decrease your overall portfolio volatility.