European Metals Holdings Stock Market Value
| EMHXY Stock | USD 2.00 0.00 0.00% |
| Symbol | European |
European 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 European Metals' otc 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 European Metals.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in European Metals on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding European Metals Holdings or generate 0.0% return on investment in European Metals over 720 days. European Metals is related to or competes with Ameriwest Lithium, and Osisko Metals. European Metals Holdings Limited engages in the exploration and development of Cinovec lithium and tin projects in the C... More
European 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 European Metals' otc 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 European Metals Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 35.89 |
European Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for European Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as European Metals' standard deviation. In reality, there are many statistical measures that can use European Metals historical prices to predict the future European Metals' volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.81) | |||
| Total Risk Alpha | (1.51) | |||
| Treynor Ratio | (3.19) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of European Metals' 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.
European Metals Holdings Backtested Returns
European Metals Holdings secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the company had a -0.17% return per unit of risk over the last 3 months. European Metals Holdings exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm European Metals' Standard Deviation of 4.68, mean deviation of 1.46, and Variance of 21.88 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.24, which means not very significant fluctuations relative to the market. As returns on the market increase, European Metals' returns are expected to increase less than the market. However, during the bear market, the loss of holding European Metals is expected to be smaller as well. At this point, European Metals Holdings has a negative expected return of -0.8%. Please make sure to confirm European Metals' information ratio and day median price , to decide if European Metals Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.01 |
Virtually no predictability
European Metals Holdings has virtually no predictability. Overlapping area represents the amount of predictability between European Metals time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 European Metals Holdings price movement. The serial correlation of 0.01 indicates that just 1.0% of current European Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 1.99 |
European Metals Holdings lagged returns against current returns
Autocorrelation, which is European Metals otc 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 European Metals' otc stock expected returns. We can calculate the autocorrelation of European Metals returns to help us make a trade decision. For example, suppose you find that European Metals has exhibited high autocorrelation historically, and you observe that the otc 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 |
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European 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 European Metals otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if European Metals otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in European Metals otc stock over time.
Current vs Lagged Prices |
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European Metals Lagged Returns
When evaluating European Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of European Metals otc stock have on its future price. European 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, European Metals autocorrelation shows the relationship between European Metals otc stock current value and its past values and can show if there is a momentum factor associated with investing in European Metals Holdings.
Regressed Prices |
| Timeline |
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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.Additional Tools for European OTC Stock Analysis
When running European Metals' price analysis, check to measure European 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 European Metals is operating at the current time. Most of European Metals' value examination focuses on studying past and present price action to predict the probability of European Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move European Metals' price. Additionally, you may evaluate how the addition of European Metals to your portfolios can decrease your overall portfolio volatility.