Fortuna Silver Mines Stock Market Value
| FSM Stock | USD 4.82 0.15 3.02% |
| Symbol | Fortuna |
Fortuna Silver Mines Price To Book Ratio
Is 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 Fortuna Silver. If investors know Fortuna 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 Fortuna Silver listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.778 | Earnings Share 0.07 | Revenue Per Share 3.329 | Quarterly Revenue Growth 0.131 | Return On Assets 0.0404 |
The market value of Fortuna Silver Mines is measured differently than its book value, which is the value of Fortuna that is recorded on the company's balance sheet. Investors also form their own opinion of Fortuna Silver's value that differs from its market value or its book value, called intrinsic value, which is Fortuna Silver'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 Fortuna Silver's market value can be influenced by many factors that don't directly affect Fortuna Silver'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 Fortuna Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortuna Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortuna Silver'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.
Fortuna 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 Fortuna 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 Fortuna Silver.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Fortuna Silver on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Fortuna Silver Mines or generate 0.0% return on investment in Fortuna Silver over 30 days. Fortuna Silver is related to or competes with Fortitude Gold, and GoldMining. Fortuna Silver Mines Inc. engages in the acquisition, exploration, and mining of precious and base metal deposits in Arg... More
Fortuna 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 Fortuna 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 Fortuna Silver Mines upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.32 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 17.32 | |||
| Value At Risk | (5.13) | |||
| Potential Upside | 4.66 |
Fortuna Silver Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fortuna Silver's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fortuna Silver's standard deviation. In reality, there are many statistical measures that can use Fortuna Silver historical prices to predict the future Fortuna Silver's volatility.| Risk Adjusted Performance | 0.0323 | |||
| Jensen Alpha | 2.0E-4 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1211 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fortuna Silver'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.
Fortuna Silver Mines Backtested Returns
As of now, Fortuna Stock is slightly risky. Fortuna Silver Mines secures Sharpe Ratio (or Efficiency) of 0.0386, which denotes the company had a 0.0386% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fortuna Silver Mines, which you can use to evaluate the volatility of the firm. Please confirm Fortuna Silver's Mean Deviation of 2.33, coefficient of variation of 3107.34, and Downside Deviation of 3.32 to check if the risk estimate we provide is consistent with the expected return of 0.13%. Fortuna Silver has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.78, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fortuna Silver's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fortuna Silver is expected to be smaller as well. Fortuna Silver Mines right now shows a risk of 3.32%. Please confirm Fortuna Silver Mines value at risk, as well as the relationship between the skewness and day median price , to decide if Fortuna Silver Mines will be following its price patterns.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Fortuna Silver Mines has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Fortuna Silver time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Fortuna Silver Mines price movement. The serial correlation of -0.76 indicates that around 76.0% of current Fortuna Silver price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Fortuna Silver Mines lagged returns against current returns
Autocorrelation, which is Fortuna 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 Fortuna Silver's stock expected returns. We can calculate the autocorrelation of Fortuna Silver returns to help us make a trade decision. For example, suppose you find that Fortuna 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 |
Fortuna 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 Fortuna Silver stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fortuna Silver stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fortuna Silver stock over time.
Current vs Lagged Prices |
| Timeline |
Fortuna Silver Lagged Returns
When evaluating Fortuna Silver's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fortuna Silver stock have on its future price. Fortuna 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, Fortuna Silver autocorrelation shows the relationship between Fortuna Silver stock current value and its past values and can show if there is a momentum factor associated with investing in Fortuna Silver Mines.
Regressed Prices |
| Timeline |
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Fortuna Silver technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.