East Africa Metals Stock Market Value
EFRMF Stock | USD 0.11 0.00 0.00% |
Symbol | East |
East Africa '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 East Africa'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 East Africa.
01/17/2025 |
| 02/16/2025 |
If you would invest 0.00 in East Africa on January 17, 2025 and sell it all today you would earn a total of 0.00 from holding East Africa Metals or generate 0.0% return on investment in East Africa over 30 days. East Africa is related to or competes with Forsys Metals. East Africa Metals Inc., a mineral exploration company, focuses on the identification, acquisition, exploration, develop... More
East Africa 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 East Africa'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 East Africa Metals upside and downside potential and time the market with a certain degree of confidence.
East Africa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for East Africa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as East Africa's standard deviation. In reality, there are many statistical measures that can use East Africa historical prices to predict the future East Africa's volatility.East Africa Metals Backtested Returns
We have found three technical indicators for East Africa Metals, 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 East Africa are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
East Africa Metals has no correlation between past and present. Overlapping area represents the amount of predictability between East Africa time series from 17th of January 2025 to 1st of February 2025 and 1st of February 2025 to 16th of February 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 East Africa Metals price movement. The serial correlation of 0.0 indicates that just 0.0% of current East Africa price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.0 | |
Spearman Rank Test | 1.0 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
East Africa Metals lagged returns against current returns
Autocorrelation, which is East Africa 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 East Africa's pink sheet expected returns. We can calculate the autocorrelation of East Africa returns to help us make a trade decision. For example, suppose you find that East Africa 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 |
East Africa 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 East Africa pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if East Africa pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in East Africa pink sheet over time.
Current vs Lagged Prices |
Timeline |
East Africa Lagged Returns
When evaluating East Africa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of East Africa pink sheet have on its future price. East Africa 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, East Africa autocorrelation shows the relationship between East Africa pink sheet current value and its past values and can show if there is a momentum factor associated with investing in East Africa Metals.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in East Pink Sheet
East Africa financial ratios help investors to determine whether East 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 East with respect to the benefits of owning East Africa security.