American Creek Resources Stock Market Value
| AMK Stock | CAD 0.32 0.02 5.88% |
| Symbol | American |
American Creek Resources Price To Book Ratio
American Creek '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 American Creek'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 American Creek.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in American Creek on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding American Creek Resources or generate 0.0% return on investment in American Creek over 720 days. American Creek is related to or competes with Teuton Resources, Endurance Gold, Strikepoint Gold, and Grande Portage. American Creek Resources Ltd. engages in the acquisition, exploration, and development of mineral properties located in ... More
American Creek 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 American Creek'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 American Creek Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.14 | |||
| Information Ratio | 0.1217 | |||
| Maximum Drawdown | 98.5 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 6.9 |
American Creek Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Creek's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Creek's standard deviation. In reality, there are many statistical measures that can use American Creek historical prices to predict the future American Creek's volatility.| Risk Adjusted Performance | 0.1113 | |||
| Jensen Alpha | 1.28 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.2204 | |||
| Treynor Ratio | 0.922 |
American Creek Resources Backtested Returns
American Creek is out of control given 3 months investment horizon. American Creek Resources secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.48% are justified by taking the suggested risk. Use American Creek mean deviation of 4.4, and Risk Adjusted Performance of 0.1113 to evaluate company specific risk that cannot be diversified away. American Creek holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.6, 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, American Creek will likely underperform. Use American Creek potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to analyze future returns on American Creek.
Auto-correlation | -0.45 |
Modest reverse predictability
American Creek Resources has modest reverse predictability. Overlapping area represents the amount of predictability between American Creek time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 American Creek Resources price movement. The serial correlation of -0.45 indicates that just about 45.0% of current American Creek price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
American Creek Resources lagged returns against current returns
Autocorrelation, which is American Creek 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 American Creek's stock expected returns. We can calculate the autocorrelation of American Creek returns to help us make a trade decision. For example, suppose you find that American Creek 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 |
American Creek 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 American Creek stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Creek stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Creek stock over time.
Current vs Lagged Prices |
| Timeline |
American Creek Lagged Returns
When evaluating American Creek's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Creek stock have on its future price. American Creek 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, American Creek autocorrelation shows the relationship between American Creek stock current value and its past values and can show if there is a momentum factor associated with investing in American Creek Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for American Stock Analysis
When running American Creek's price analysis, check to measure American Creek'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 American Creek is operating at the current time. Most of American Creek's value examination focuses on studying past and present price action to predict the probability of American Creek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Creek's price. Additionally, you may evaluate how the addition of American Creek to your portfolios can decrease your overall portfolio volatility.