Defiance Silver Corp Stock Market Value
| DEF Stock | CAD 0.22 0.02 10.00% |
| Symbol | Defiance |
Defiance Silver Corp Price To Book Ratio
Defiance 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 Defiance 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 Defiance Silver.
| 12/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Defiance Silver on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding Defiance Silver Corp or generate 0.0% return on investment in Defiance Silver over 330 days. Defiance Silver is related to or competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Defiance Silver Corp., an exploration stage company, engages in the acquisition, exploration, evaluation, and developmen... More
Defiance 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 Defiance 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 Defiance Silver Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 31.79 | |||
| Value At Risk | (12.00) | |||
| Potential Upside | 11.11 |
Defiance Silver Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Defiance Silver's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Defiance Silver's standard deviation. In reality, there are many statistical measures that can use Defiance Silver historical prices to predict the future Defiance Silver's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (1.23) | |||
| Treynor Ratio | 0.2038 |
Defiance Silver Corp Backtested Returns
Defiance Silver Corp secures Sharpe Ratio (or Efficiency) of -0.0167, which denotes the company had a -0.0167% return per unit of risk over the last 3 months. Defiance Silver Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Defiance Silver's Standard Deviation of 6.88, variance of 47.28, and Mean Deviation of 5.16 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.7, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Defiance Silver are expected to decrease at a much lower rate. During the bear market, Defiance Silver is likely to outperform the market. At this point, Defiance Silver Corp has a negative expected return of -0.11%. Please make sure to confirm Defiance Silver's skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Defiance Silver Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.51 |
Modest predictability
Defiance Silver Corp has modest predictability. Overlapping area represents the amount of predictability between Defiance Silver 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 Defiance Silver Corp price movement. The serial correlation of 0.51 indicates that about 51.0% of current Defiance Silver price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Defiance Silver Corp lagged returns against current returns
Autocorrelation, which is Defiance 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 Defiance Silver's stock expected returns. We can calculate the autocorrelation of Defiance Silver returns to help us make a trade decision. For example, suppose you find that Defiance 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 |
Defiance 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 Defiance Silver stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Defiance Silver stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Defiance Silver stock over time.
Current vs Lagged Prices |
| Timeline |
Defiance Silver Lagged Returns
When evaluating Defiance Silver's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Defiance Silver stock have on its future price. Defiance 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, Defiance Silver autocorrelation shows the relationship between Defiance Silver stock current value and its past values and can show if there is a momentum factor associated with investing in Defiance Silver Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Defiance Stock Analysis
When running Defiance Silver's price analysis, check to measure Defiance 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 Defiance Silver is operating at the current time. Most of Defiance Silver's value examination focuses on studying past and present price action to predict the probability of Defiance 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 Defiance Silver's price. Additionally, you may evaluate how the addition of Defiance Silver to your portfolios can decrease your overall portfolio volatility.