Emx Royalty Corp Stock Market Value
| EMX Stock | CAD 2.59 0.06 2.26% |
| Symbol | EMX |
EMX Royalty Corp Price To Book Ratio
EMX Royalty '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 EMX Royalty'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 EMX Royalty.
| 01/19/2025 |
| 02/18/2025 |
If you would invest 0.00 in EMX Royalty on January 19, 2025 and sell it all today you would earn a total of 0.00 from holding EMX Royalty Corp or generate 0.0% return on investment in EMX Royalty over 30 days. EMX Royalty is related to or competes with Radius Gold, Mirasol Resources, and Eagle Plains. EMX Royalty Corporation engages in the acquisition, exploration, and evaluation of metals and mineral properties More
EMX Royalty 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 EMX Royalty'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 EMX Royalty Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | 0.071 | |||
| Maximum Drawdown | 7.59 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 2.52 |
EMX Royalty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EMX Royalty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EMX Royalty's standard deviation. In reality, there are many statistical measures that can use EMX Royalty historical prices to predict the future EMX Royalty's volatility.| Risk Adjusted Performance | 0.0608 | |||
| Jensen Alpha | 0.1105 | |||
| Total Risk Alpha | 0.1085 | |||
| Sortino Ratio | 0.0675 | |||
| Treynor Ratio | 0.3147 |
EMX Royalty Corp Backtested Returns
At this stage we consider EMX Stock to be slightly risky. EMX Royalty Corp secures Sharpe Ratio (or Efficiency) of 0.075, which denotes the company had a 0.075 % return per unit of volatility over the last 3 months. We have found thirty technical indicators for EMX Royalty Corp, which you can use to evaluate the volatility of the firm. Please confirm EMX Royalty's Mean Deviation of 1.16, market risk adjusted performance of 0.3247, and Downside Deviation of 1.63 to check if the risk estimate we provide is consistent with the expected return of 0.12%. EMX Royalty has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.35, which means possible diversification benefits within a given portfolio. As returns on the market increase, EMX Royalty's returns are expected to increase less than the market. However, during the bear market, the loss of holding EMX Royalty is expected to be smaller as well. EMX Royalty Corp currently shows a risk of 1.55%. Please confirm EMX Royalty Corp skewness, and the relationship between the potential upside and rate of daily change , to decide if EMX Royalty Corp will be following its price patterns.
Auto-correlation | -0.24 |
Weak reverse predictability
EMX Royalty Corp has weak reverse predictability. Overlapping area represents the amount of predictability between EMX Royalty time series from 19th of January 2025 to 3rd of February 2025 and 3rd of February 2025 to 18th 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 EMX Royalty Corp price movement. The serial correlation of -0.24 indicates that over 24.0% of current EMX Royalty price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
EMX Royalty Corp lagged returns against current returns
Autocorrelation, which is EMX Royalty 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 EMX Royalty's stock expected returns. We can calculate the autocorrelation of EMX Royalty returns to help us make a trade decision. For example, suppose you find that EMX Royalty 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 |
EMX Royalty 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 EMX Royalty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EMX Royalty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EMX Royalty stock over time.
Current vs Lagged Prices |
| Timeline |
EMX Royalty Lagged Returns
When evaluating EMX Royalty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EMX Royalty stock have on its future price. EMX Royalty 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, EMX Royalty autocorrelation shows the relationship between EMX Royalty stock current value and its past values and can show if there is a momentum factor associated with investing in EMX Royalty Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for EMX Stock Analysis
When running EMX Royalty's price analysis, check to measure EMX Royalty'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 EMX Royalty is operating at the current time. Most of EMX Royalty's value examination focuses on studying past and present price action to predict the probability of EMX Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMX Royalty's price. Additionally, you may evaluate how the addition of EMX Royalty to your portfolios can decrease your overall portfolio volatility.