Apollo Silver Corp Stock Market Value
| APGO Stock | CAD 0.23 0.01 4.55% |
| Symbol | Apollo |
Apollo Silver Corp Price To Book Ratio
Apollo Silver '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 Apollo Silver'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 Apollo Silver.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Apollo Silver on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Apollo Silver Corp or generate 0.0% return on investment in Apollo Silver over 30 days. Apollo Silver is related to or competes with AbraSilver Resource, Guanajuato Silver, and Reyna Silver. Apollo Gold Silver Corp., an exploration company, engages in the investigation, acquisition, exploration, and developmen... More
Apollo Silver 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 Apollo Silver'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 Apollo Silver Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.94 | |||
| Information Ratio | 0.0135 | |||
| Maximum Drawdown | 34.19 | |||
| Value At Risk | (9.38) | |||
| Potential Upside | 14.81 |
Apollo Silver Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Apollo Silver's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Apollo Silver's standard deviation. In reality, there are many statistical measures that can use Apollo Silver historical prices to predict the future Apollo Silver's volatility.| Risk Adjusted Performance | 0.0343 | |||
| Jensen Alpha | 0.0507 | |||
| Total Risk Alpha | (0.94) | |||
| Sortino Ratio | 0.0136 | |||
| Treynor Ratio | 0.1654 |
Apollo Silver Corp Backtested Returns
Apollo Silver appears to be out of control, given 3 months investment horizon. Apollo Silver Corp secures Sharpe Ratio (or Efficiency) of 0.0434, which signifies that the company had a 0.0434% return per unit of risk over the last 3 months. We have found thirty technical indicators for Apollo Silver Corp, which you can use to evaluate the volatility of the firm. Please makes use of Apollo Silver's Downside Deviation of 6.94, mean deviation of 5.1, and Risk Adjusted Performance of 0.0343 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Apollo Silver holds a performance score of 3. The firm shows a Beta (market volatility) of 1.34, 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, Apollo Silver will likely underperform. Please check Apollo Silver's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Apollo Silver's price patterns will revert.
Auto-correlation | 0.55 |
Modest predictability
Apollo Silver Corp has modest predictability. Overlapping area represents the amount of predictability between Apollo Silver time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Apollo Silver Corp price movement. The serial correlation of 0.55 indicates that about 55.0% of current Apollo Silver price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Apollo Silver Corp lagged returns against current returns
Autocorrelation, which is Apollo Silver 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 Apollo Silver's stock expected returns. We can calculate the autocorrelation of Apollo Silver returns to help us make a trade decision. For example, suppose you find that Apollo Silver 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 |
Apollo Silver 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 Apollo Silver stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Apollo Silver stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Apollo Silver stock over time.
Current vs Lagged Prices |
| Timeline |
Apollo Silver Lagged Returns
When evaluating Apollo Silver's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Apollo Silver stock have on its future price. Apollo Silver 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, Apollo Silver autocorrelation shows the relationship between Apollo Silver stock current value and its past values and can show if there is a momentum factor associated with investing in Apollo Silver Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Apollo Stock Analysis
When running Apollo Silver's price analysis, check to measure Apollo Silver'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 Apollo Silver is operating at the current time. Most of Apollo Silver's value examination focuses on studying past and present price action to predict the probability of Apollo Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apollo Silver's price. Additionally, you may evaluate how the addition of Apollo Silver to your portfolios can decrease your overall portfolio volatility.