Silver X Mining Stock Market Value
| AGXPF Stock | USD 0.13 0.01 7.14% |
| Symbol | Silver |
Silver X '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 X'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 Silver X.
| 11/01/2024 |
| 01/30/2025 |
If you would invest 0.00 in Silver X on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Silver X Mining or generate 0.0% return on investment in Silver X over 90 days. Silver X is related to or competes with Aurelia Metals, Azimut Exploration, Amarc Resources, Adriatic Metals, Progressive Planet, and Mundoro Capital. Silver X Mining Corp. engages in the exploration, acquisition, and development of mineral properties in the Americas More
Silver X 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 X'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 Silver X Mining upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 23.61 | |||
| Value At Risk | (9.52) | |||
| Potential Upside | 7.69 |
Silver X Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silver X's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Silver X's standard deviation. In reality, there are many statistical measures that can use Silver X historical prices to predict the future Silver X's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.84) | |||
| Total Risk Alpha | (1.33) | |||
| Treynor Ratio | 3.33 |
Silver X Mining Backtested Returns
Silver X Mining owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1 % return per unit of risk over the last 3 months. Silver X Mining exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Silver X's Risk Adjusted Performance of (0.13), variance of 27.78, and Coefficient Of Variation of (621.50) to confirm the risk estimate we provide. The entity has a beta of -0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Silver X are expected to decrease at a much lower rate. During the bear market, Silver X is likely to outperform the market. At this point, Silver X Mining has a negative expected return of -0.52%. Please make sure to validate Silver X's total risk alpha, as well as the relationship between the kurtosis and day median price , to decide if Silver X Mining performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.04 |
Very weak reverse predictability
Silver X Mining has very weak reverse predictability. Overlapping area represents the amount of predictability between Silver X time series from 1st of November 2024 to 16th of December 2024 and 16th of December 2024 to 30th of January 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 Silver X Mining price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Silver X price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Silver X Mining lagged returns against current returns
Autocorrelation, which is Silver X 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 Silver X's otc stock expected returns. We can calculate the autocorrelation of Silver X returns to help us make a trade decision. For example, suppose you find that Silver X 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 |
Silver X 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 X otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Silver X otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Silver X otc stock over time.
Current vs Lagged Prices |
| Timeline |
Silver X Lagged Returns
When evaluating Silver X's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Silver X otc stock have on its future price. Silver X 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 X autocorrelation shows the relationship between Silver X otc stock current value and its past values and can show if there is a momentum factor associated with investing in Silver X Mining.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Silver OTC Stock
Silver X financial ratios help investors to determine whether Silver 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 Silver with respect to the benefits of owning Silver X security.