Sayona Mining Limited Stock Market Value
| ELVR Stock | 50.00 0.18 0.36% |
| Symbol | Sayona |
Is Other Industrial Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sayona Mining. If investors know Sayona will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sayona Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Sayona Mining Limited is measured differently than its book value, which is the value of Sayona that is recorded on the company's balance sheet. Investors also form their own opinion of Sayona Mining's value that differs from its market value or its book value, called intrinsic value, which is Sayona Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sayona Mining's market value can be influenced by many factors that don't directly affect Sayona Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sayona Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sayona Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sayona Mining'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.
Sayona Mining '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 Sayona Mining'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 Sayona Mining.
| 11/24/2025 |
| 12/24/2025 |
If you would invest 0.00 in Sayona Mining on November 24, 2025 and sell it all today you would earn a total of 0.00 from holding Sayona Mining Limited or generate 0.0% return on investment in Sayona Mining over 30 days. Sayona Mining is related to or competes with Endeavour Silver, Perpetua Resources, Ingevity Corp, Fortuna Silver, Ashland Global, Chemours, and Ero Copper. More
Sayona Mining 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 Sayona Mining'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 Sayona Mining Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.58 | |||
| Information Ratio | 0.2443 | |||
| Maximum Drawdown | 22.09 | |||
| Value At Risk | (8.06) | |||
| Potential Upside | 10.53 |
Sayona Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sayona Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sayona Mining's standard deviation. In reality, there are many statistical measures that can use Sayona Mining historical prices to predict the future Sayona Mining's volatility.| Risk Adjusted Performance | 0.1887 | |||
| Jensen Alpha | 1.46 | |||
| Total Risk Alpha | 0.9536 | |||
| Sortino Ratio | 0.2961 | |||
| Treynor Ratio | (1.67) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sayona Mining's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Sayona Mining Limited Backtested Returns
Sayona Mining is not too volatile given 3 months investment horizon. Sayona Mining Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the firm had a 0.26 % return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.43% are justified by taking the suggested risk. Use Sayona Mining Limited Risk Adjusted Performance of 0.1887, semi deviation of 3.83, and Coefficient Of Variation of 389.67 to evaluate company specific risk that cannot be diversified away. Sayona Mining holds a performance score of 20 on a scale of zero to a hundred. The entity has a beta of -0.85, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sayona Mining are expected to decrease at a much lower rate. During the bear market, Sayona Mining is likely to outperform the market. Use Sayona Mining Limited sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to analyze future returns on Sayona Mining Limited.
Auto-correlation | 0.63 |
Good predictability
Sayona Mining Limited has good predictability. Overlapping area represents the amount of predictability between Sayona Mining time series from 24th of November 2025 to 9th of December 2025 and 9th of December 2025 to 24th 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 Sayona Mining Limited price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Sayona Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 7.96 |
Sayona Mining Limited lagged returns against current returns
Autocorrelation, which is Sayona Mining 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 Sayona Mining's stock expected returns. We can calculate the autocorrelation of Sayona Mining returns to help us make a trade decision. For example, suppose you find that Sayona Mining 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 |
Sayona Mining 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 Sayona Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sayona Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sayona Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Sayona Mining Lagged Returns
When evaluating Sayona Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sayona Mining stock have on its future price. Sayona Mining 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, Sayona Mining autocorrelation shows the relationship between Sayona Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Sayona Mining Limited.
Regressed Prices |
| Timeline |
Pair Trading with Sayona Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sayona Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sayona Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Sayona Stock
Moving against Sayona Stock
The ability to find closely correlated positions to Sayona Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sayona Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sayona Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sayona Mining Limited to buy it.
The correlation of Sayona Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sayona Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sayona Mining Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sayona Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Sayona Stock Analysis
When running Sayona Mining's price analysis, check to measure Sayona Mining'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 Sayona Mining is operating at the current time. Most of Sayona Mining's value examination focuses on studying past and present price action to predict the probability of Sayona Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sayona Mining's price. Additionally, you may evaluate how the addition of Sayona Mining to your portfolios can decrease your overall portfolio volatility.