First American Silver Stock Market Value
| CCOB Stock | USD 0.0001 0.00 0.00% |
| Symbol | First |
First American '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 First American's pink sheet 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 First American.
| 12/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in First American on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding First American Silver or generate 0.0% return on investment in First American over 330 days. First American is related to or competes with South Star, and Mundoro Capital. Century Cobalt Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral ... More
First American 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 First American's pink sheet 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 First American Silver upside and downside potential and time the market with a certain degree of confidence.
First American Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First American's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First American's standard deviation. In reality, there are many statistical measures that can use First American historical prices to predict the future First American's volatility.First American Silver Backtested Returns
We have found three technical indicators for First American Silver, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and First American are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
First American Silver has perfect predictability. Overlapping area represents the amount of predictability between First American time series from 29th of December 2023 to 11th of June 2024 and 11th of June 2024 to 23rd 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 First American Silver price movement. The serial correlation of 1.0 indicates that 100.0% of current First American price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
First American Silver lagged returns against current returns
Autocorrelation, which is First American pink sheet'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 First American's pink sheet expected returns. We can calculate the autocorrelation of First American returns to help us make a trade decision. For example, suppose you find that First American has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
First American 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 First American pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First American pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First American pink sheet over time.
Current vs Lagged Prices |
| Timeline |
First American Lagged Returns
When evaluating First American's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First American pink sheet have on its future price. First American 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, First American autocorrelation shows the relationship between First American pink sheet current value and its past values and can show if there is a momentum factor associated with investing in First American Silver.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in First Pink Sheet
First American financial ratios help investors to determine whether First Pink Sheet 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 First with respect to the benefits of owning First American security.