Peak Minerals (Germany) Market Value
| H7K Stock | EUR 0 0.00 0.00% |
| Symbol | Peak |
Peak Minerals '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 Peak Minerals' 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 Peak Minerals.
| 10/10/2023 |
| 12/03/2024 |
If you would invest 0.00 in Peak Minerals on October 10, 2023 and sell it all today you would earn a total of 0.00 from holding Peak Minerals Limited or generate 0.0% return on investment in Peak Minerals over 420 days. Peak Minerals is related to or competes with SHIP HEALTHCARE, Gamma Communications, Bumrungrad Hospital, Entravision Communications, DiamondRock Hospitality, and Universal Display. Pure Alumina Limited focuses on producing high purity alumina in Australia More
Peak Minerals 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 Peak Minerals' 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 Peak Minerals Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1779 | |||
| Maximum Drawdown | 240.0 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 50.0 |
Peak Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Peak Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Peak Minerals' standard deviation. In reality, there are many statistical measures that can use Peak Minerals historical prices to predict the future Peak Minerals' volatility.| Risk Adjusted Performance | 0.1486 | |||
| Jensen Alpha | 6.47 | |||
| Total Risk Alpha | 1.03 | |||
| Treynor Ratio | (1.12) |
Peak Minerals Limited Backtested Returns
Peak Minerals is out of control given 3 months investment horizon. Peak Minerals Limited maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had a 0.18% return per unit of risk over the last 3 months. We were able to interpolate eighteen different technical indicators, which can help you to evaluate if expected returns of 6.07% are justified by taking the suggested risk. Use Peak Minerals Coefficient Of Variation of 550.19, risk adjusted performance of 0.1486, and Variance of 1047.97 to evaluate company specific risk that cannot be diversified away. Peak Minerals holds a performance score of 14 on a scale of zero to a hundred. The company holds a Beta of -5.23, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Peak Minerals are expected to decrease by larger amounts. On the other hand, during market turmoil, Peak Minerals is expected to outperform it. Use Peak Minerals market risk adjusted performance, coefficient of variation, variance, as well as the relationship between the mean deviation and standard deviation , to analyze future returns on Peak Minerals.
Auto-correlation | 0.17 |
Very weak predictability
Peak Minerals Limited has very weak predictability. Overlapping area represents the amount of predictability between Peak Minerals time series from 10th of October 2023 to 7th of May 2024 and 7th of May 2024 to 3rd of December 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 Peak Minerals Limited price movement. The serial correlation of 0.17 indicates that over 17.0% of current Peak Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Peak Minerals Limited lagged returns against current returns
Autocorrelation, which is Peak Minerals 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 Peak Minerals' stock expected returns. We can calculate the autocorrelation of Peak Minerals returns to help us make a trade decision. For example, suppose you find that Peak Minerals 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 |
Peak Minerals 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 Peak Minerals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Peak Minerals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Peak Minerals stock over time.
Current vs Lagged Prices |
| Timeline |
Peak Minerals Lagged Returns
When evaluating Peak Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Peak Minerals stock have on its future price. Peak Minerals 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, Peak Minerals autocorrelation shows the relationship between Peak Minerals stock current value and its past values and can show if there is a momentum factor associated with investing in Peak Minerals Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Peak Stock
Peak Minerals financial ratios help investors to determine whether Peak Stock 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 Peak with respect to the benefits of owning Peak Minerals security.