Arcadia Minerals (Australia) Market Value
| AM7 Stock | 0.03 0.00 0.00% |
| Symbol | Arcadia |
Arcadia Minerals '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 Arcadia Minerals' 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 Arcadia Minerals.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Arcadia Minerals on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Arcadia Minerals Ltd or generate 0.0% return on investment in Arcadia Minerals over 30 days. Arcadia Minerals is related to or competes with Northern Star, Evolution Mining, Bluescope Steel, Sandfire Resources, Aneka Tambang, Perseus Mining, and De Grey. Arcadia Minerals is entity of Australia. It is traded as Stock on AU exchange. More
Arcadia Minerals 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 Arcadia Minerals' 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 Arcadia Minerals Ltd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 28.0 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 5.88 |
Arcadia Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arcadia Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arcadia Minerals' standard deviation. In reality, there are many statistical measures that can use Arcadia Minerals historical prices to predict the future Arcadia Minerals' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (0.17) |
Arcadia Minerals Backtested Returns
Arcadia Minerals secures Sharpe Ratio (or Efficiency) of -0.0263, which signifies that the company had a -0.0263% return per unit of standard deviation over the last 3 months. Arcadia Minerals Ltd exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arcadia Minerals' risk adjusted performance of (0.01), and Mean Deviation of 1.62 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.59, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Arcadia Minerals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Arcadia Minerals is expected to be smaller as well. At this point, Arcadia Minerals has a negative expected return of -0.0955%. Please make sure to confirm Arcadia Minerals' market risk adjusted performance, coefficient of variation, variance, as well as the relationship between the mean deviation and standard deviation , to decide if Arcadia Minerals performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.33 |
Below average predictability
Arcadia Minerals Ltd has below average predictability. Overlapping area represents the amount of predictability between Arcadia Minerals time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Arcadia Minerals price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Arcadia Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Arcadia Minerals lagged returns against current returns
Autocorrelation, which is Arcadia Minerals 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 Arcadia Minerals' stock expected returns. We can calculate the autocorrelation of Arcadia Minerals returns to help us make a trade decision. For example, suppose you find that Arcadia Minerals 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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Arcadia Minerals 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 Arcadia Minerals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arcadia Minerals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arcadia Minerals stock over time.
Current vs Lagged Prices |
| Timeline |
Arcadia Minerals Lagged Returns
When evaluating Arcadia Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arcadia Minerals stock have on its future price. Arcadia Minerals 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, Arcadia Minerals autocorrelation shows the relationship between Arcadia Minerals stock current value and its past values and can show if there is a momentum factor associated with investing in Arcadia Minerals Ltd.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Arcadia Stock Analysis
When running Arcadia Minerals' price analysis, check to measure Arcadia Minerals' 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 Arcadia Minerals is operating at the current time. Most of Arcadia Minerals' value examination focuses on studying past and present price action to predict the probability of Arcadia Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arcadia Minerals' price. Additionally, you may evaluate how the addition of Arcadia Minerals to your portfolios can decrease your overall portfolio volatility.