Hycroft Mining Holding Stock Market Value
| HYMCW Stock | USD 0.01 0.0004 2.76% |
| Symbol | Hycroft |
Hycroft Mining Holding Price To Book Ratio
Is Diversified 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 Hycroft Mining. If investors know Hycroft 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 Hycroft Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.54) | Revenue Per Share 0.571 | Quarterly Revenue Growth (0.52) | Return On Assets (0.18) | Return On Equity (4.39) |
The market value of Hycroft Mining Holding is measured differently than its book value, which is the value of Hycroft that is recorded on the company's balance sheet. Investors also form their own opinion of Hycroft Mining's value that differs from its market value or its book value, called intrinsic value, which is Hycroft 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 Hycroft Mining's market value can be influenced by many factors that don't directly affect Hycroft 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 Hycroft Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hycroft Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hycroft 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.
Hycroft 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 Hycroft 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 Hycroft Mining.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Hycroft Mining on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Hycroft Mining Holding or generate 0.0% return on investment in Hycroft Mining over 30 days. Hycroft Mining is related to or competes with Aurion Resources, Golden Star, Paramount Gold, Vista Gold, Orezone Gold, and Rio2. Hycroft Mining Holding Corporation, together with its subsidiaries, operates as a gold and silver development company in... More
Hycroft 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 Hycroft 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 Hycroft Mining Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.16 | |||
| Information Ratio | 0.052 | |||
| Maximum Drawdown | 49.5 | |||
| Value At Risk | (18.12) | |||
| Potential Upside | 20.83 |
Hycroft Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hycroft Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hycroft Mining's standard deviation. In reality, there are many statistical measures that can use Hycroft Mining historical prices to predict the future Hycroft Mining's volatility.| Risk Adjusted Performance | 0.0592 | |||
| Jensen Alpha | 0.409 | |||
| Total Risk Alpha | (0.93) | |||
| Sortino Ratio | 0.0463 | |||
| Treynor Ratio | 0.3367 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hycroft 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.
Hycroft Mining Holding Backtested Returns
Hycroft Mining appears to be out of control, given 3 months investment horizon. Hycroft Mining Holding holds Efficiency (Sharpe) Ratio of 0.0608, which attests that the entity had a 0.0608% return per unit of risk over the last 3 months. By evaluating Hycroft Mining's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize Hycroft Mining's Market Risk Adjusted Performance of 0.3467, risk adjusted performance of 0.0592, and Downside Deviation of 11.16 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hycroft Mining holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of 1.89, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Hycroft Mining will likely underperform. Please check Hycroft Mining's standard deviation, expected short fall, relative strength index, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Hycroft Mining's current trending patterns will revert.
Auto-correlation | -0.49 |
Modest reverse predictability
Hycroft Mining Holding has modest reverse predictability. Overlapping area represents the amount of predictability between Hycroft Mining 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 Hycroft Mining Holding price movement. The serial correlation of -0.49 indicates that about 49.0% of current Hycroft Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hycroft Mining Holding lagged returns against current returns
Autocorrelation, which is Hycroft 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 Hycroft Mining's stock expected returns. We can calculate the autocorrelation of Hycroft Mining returns to help us make a trade decision. For example, suppose you find that Hycroft 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 |
Hycroft 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 Hycroft Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hycroft Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hycroft Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Hycroft Mining Lagged Returns
When evaluating Hycroft Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hycroft Mining stock have on its future price. Hycroft 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, Hycroft Mining autocorrelation shows the relationship between Hycroft Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Hycroft Mining Holding.
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 Hycroft Stock Analysis
When running Hycroft Mining's price analysis, check to measure Hycroft 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 Hycroft Mining is operating at the current time. Most of Hycroft Mining's value examination focuses on studying past and present price action to predict the probability of Hycroft 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 Hycroft Mining's price. Additionally, you may evaluate how the addition of Hycroft Mining to your portfolios can decrease your overall portfolio volatility.