Andean Precious Metals Stock Market Value
| ANPMF Stock | USD 0.87 0.03 3.33% |
| Symbol | Andean |
Andean Precious '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 Andean Precious' 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 Andean Precious.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Andean Precious on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Andean Precious Metals or generate 0.0% return on investment in Andean Precious over 300 days. Andean Precious is related to or competes with Arizona Silver, Silver One, Aya Gold, Bald Eagle, Apollo Silver, Guanajuato Silver, and Dolly Varden. Andean Precious Metals Corp. operates as a silver producer that owns and operates the San Bartolom project in Bolivia More
Andean Precious 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 Andean Precious' 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 Andean Precious Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.82 | |||
| Information Ratio | 0.0385 | |||
| Maximum Drawdown | 29.84 | |||
| Value At Risk | (8.49) | |||
| Potential Upside | 9.3 |
Andean Precious Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Andean Precious' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Andean Precious' standard deviation. In reality, there are many statistical measures that can use Andean Precious historical prices to predict the future Andean Precious' volatility.| Risk Adjusted Performance | 0.054 | |||
| Jensen Alpha | 0.2192 | |||
| Total Risk Alpha | (0.61) | |||
| Sortino Ratio | 0.0352 | |||
| Treynor Ratio | 0.3046 |
Andean Precious Metals Backtested Returns
Andean Precious appears to be abnormally volatile, given 3 months investment horizon. Andean Precious Metals secures Sharpe Ratio (or Efficiency) of 0.0592, which signifies that the company had a 0.0592% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Andean Precious Metals, which you can use to evaluate the volatility of the firm. Please makes use of Andean Precious' risk adjusted performance of 0.054, and Mean Deviation of 5.02 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Andean Precious holds a performance score of 4. The firm shows a Beta (market volatility) of 1.18, 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, Andean Precious will likely underperform. Please check Andean Precious' potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether Andean Precious' price patterns will revert.
Auto-correlation | 0.59 |
Modest predictability
Andean Precious Metals has modest predictability. Overlapping area represents the amount of predictability between Andean Precious time series from 31st of January 2024 to 29th of June 2024 and 29th of June 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 Andean Precious Metals price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Andean Precious price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Andean Precious Metals lagged returns against current returns
Autocorrelation, which is Andean Precious 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 Andean Precious' otc stock expected returns. We can calculate the autocorrelation of Andean Precious returns to help us make a trade decision. For example, suppose you find that Andean Precious 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 |
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Andean Precious 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 Andean Precious otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Andean Precious otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Andean Precious otc stock over time.
Current vs Lagged Prices |
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Andean Precious Lagged Returns
When evaluating Andean Precious' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Andean Precious otc stock have on its future price. Andean Precious 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, Andean Precious autocorrelation shows the relationship between Andean Precious otc stock current value and its past values and can show if there is a momentum factor associated with investing in Andean Precious Metals.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Andean OTC Stock
Andean Precious financial ratios help investors to determine whether Andean 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 Andean with respect to the benefits of owning Andean Precious security.