Advance Metals (Australia) Market Value
| AVM Stock | 0.16 0.01 6.67% |
| Symbol | Advance |
Advance Metals '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 Advance Metals' 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 Advance Metals.
| 11/30/2025 |
| 12/30/2025 |
If you would invest 0.00 in Advance Metals on November 30, 2025 and sell it all today you would earn a total of 0.00 from holding Advance Metals or generate 0.0% return on investment in Advance Metals over 30 days. Advance Metals is related to or competes with Northern Star, Evolution Mining, Alcoa, Bluescope Steel, Genesis Minerals, Sandfire Resources, and Ramelius Resources. Advance Metals is entity of Australia. It is traded as Stock on AU exchange. More
Advance Metals 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 Advance Metals' 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 Advance Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.04 | |||
| Information Ratio | 0.1292 | |||
| Maximum Drawdown | 43.94 | |||
| Value At Risk | (10.47) | |||
| Potential Upside | 23.08 |
Advance Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Advance Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Advance Metals' standard deviation. In reality, there are many statistical measures that can use Advance Metals historical prices to predict the future Advance Metals' volatility.| Risk Adjusted Performance | 0.106 | |||
| Jensen Alpha | 1.17 | |||
| Total Risk Alpha | 0.2909 | |||
| Sortino Ratio | 0.158 | |||
| Treynor Ratio | 0.5697 |
Advance Metals Backtested Returns
Advance Metals is out of control given 3 months investment horizon. Advance Metals secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11 % return per unit of risk over the last 3 months. We have collected data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.06% are justified by taking the suggested risk. Use Advance Metals Downside Deviation of 8.04, risk adjusted performance of 0.106, and Mean Deviation of 7.19 to evaluate company specific risk that cannot be diversified away. Advance Metals holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.36, 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, Advance Metals will likely underperform. Use Advance Metals total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to analyze future returns on Advance Metals.
Auto-correlation | 0.29 |
Poor predictability
Advance Metals has poor predictability. Overlapping area represents the amount of predictability between Advance Metals time series from 30th of November 2025 to 15th of December 2025 and 15th of December 2025 to 30th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Advance Metals price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Advance Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Advance Metals lagged returns against current returns
Autocorrelation, which is Advance Metals 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 Advance Metals' stock expected returns. We can calculate the autocorrelation of Advance Metals returns to help us make a trade decision. For example, suppose you find that Advance Metals 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 |
Advance Metals 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 Advance Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Advance Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Advance Metals stock over time.
Current vs Lagged Prices |
| Timeline |
Advance Metals Lagged Returns
When evaluating Advance Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Advance Metals stock have on its future price. Advance Metals 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, Advance Metals autocorrelation shows the relationship between Advance Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Advance Metals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Advance Stock Analysis
When running Advance Metals' price analysis, check to measure Advance Metals' 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 Advance Metals is operating at the current time. Most of Advance Metals' value examination focuses on studying past and present price action to predict the probability of Advance Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advance Metals' price. Additionally, you may evaluate how the addition of Advance Metals to your portfolios can decrease your overall portfolio volatility.