Compania Minera (Peru) Market Value
| ATACOBC1 | 0.05 0 6.12% |
| Symbol | Compania |
Please note, there is a significant difference between Compania Minera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Compania Minera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Compania Minera's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Compania Minera '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 Compania Minera'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 Compania Minera.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Compania Minera on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Compania Minera Atacocha or generate 0.0% return on investment in Compania Minera over 480 days. More
Compania Minera 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 Compania Minera'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 Compania Minera Atacocha upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.23 | |||
| Information Ratio | 0.0285 | |||
| Maximum Drawdown | 41.27 | |||
| Value At Risk | (5.94) | |||
| Potential Upside | 10.42 |
Compania Minera Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Compania Minera's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Compania Minera's standard deviation. In reality, there are many statistical measures that can use Compania Minera historical prices to predict the future Compania Minera's volatility.| Risk Adjusted Performance | 0.0426 | |||
| Jensen Alpha | 0.4799 | |||
| Total Risk Alpha | (0.77) | |||
| Sortino Ratio | 0.0137 | |||
| Treynor Ratio | (0.21) |
Compania Minera Atacocha Backtested Returns
Compania Minera appears to be out of control, given 3 months investment horizon. Compania Minera Atacocha secures Sharpe Ratio (or Efficiency) of 0.0324, which signifies that the company had a 0.0324% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Compania Minera Atacocha, which you can use to evaluate the volatility of the firm. Please makes use of Compania Minera's Mean Deviation of 2.76, risk adjusted performance of 0.0426, and Downside Deviation of 14.23 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Compania Minera holds a performance score of 2. The firm shows a Beta (market volatility) of -1.5, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Compania Minera are expected to decrease by larger amounts. On the other hand, during market turmoil, Compania Minera is expected to outperform it. Please check Compania Minera's total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Compania Minera's price patterns will revert.
Auto-correlation | 0.37 |
Below average predictability
Compania Minera Atacocha has below average predictability. Overlapping area represents the amount of predictability between Compania Minera time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th of December 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 Compania Minera Atacocha price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Compania Minera price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Compania Minera Atacocha lagged returns against current returns
Autocorrelation, which is Compania Minera 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 Compania Minera's stock expected returns. We can calculate the autocorrelation of Compania Minera returns to help us make a trade decision. For example, suppose you find that Compania Minera 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 |
Compania Minera 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 Compania Minera stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Compania Minera stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Compania Minera stock over time.
Current vs Lagged Prices |
| Timeline |
Compania Minera Lagged Returns
When evaluating Compania Minera's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Compania Minera stock have on its future price. Compania Minera 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, Compania Minera autocorrelation shows the relationship between Compania Minera stock current value and its past values and can show if there is a momentum factor associated with investing in Compania Minera Atacocha.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Compania Stock
Compania Minera financial ratios help investors to determine whether Compania 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 Compania with respect to the benefits of owning Compania Minera security.