Impala Platinum Holdings Stock Market Value
| IMPUF Stock | USD 6.10 0.04 0.65% |
| Symbol | Impala |
Impala Platinum '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 Impala Platinum's 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 Impala Platinum.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Impala Platinum on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Impala Platinum Holdings or generate 0.0% return on investment in Impala Platinum over 720 days. Impala Platinum is related to or competes with Impala Platinum, Anglo American, Platinum Group, AbraSilver Resource, and Empress Royalty. Impala Platinum Holdings Limited engages in the mining, processing, refining, and marketing platinum group metals More
Impala Platinum 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 Impala Platinum's 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 Impala Platinum Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.9 | |||
| Information Ratio | 0.0327 | |||
| Maximum Drawdown | 25.69 | |||
| Value At Risk | (5.36) | |||
| Potential Upside | 7.96 |
Impala Platinum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Impala Platinum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Impala Platinum's standard deviation. In reality, there are many statistical measures that can use Impala Platinum historical prices to predict the future Impala Platinum's volatility.| Risk Adjusted Performance | 0.0566 | |||
| Jensen Alpha | 0.3382 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | 0.0204 | |||
| Treynor Ratio | (0.41) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Impala Platinum'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.
Impala Platinum Holdings Backtested Returns
Impala Platinum appears to be relatively risky, given 3 months investment horizon. Impala Platinum Holdings holds Efficiency (Sharpe) Ratio of 0.0844, which attests that the entity had a 0.0844% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Impala Platinum Holdings, which you can use to evaluate the volatility of the firm. Please utilize Impala Platinum's Downside Deviation of 6.9, market risk adjusted performance of (0.40), and Risk Adjusted Performance of 0.0566 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Impala Platinum holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of -0.63, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Impala Platinum are expected to decrease at a much lower rate. During the bear market, Impala Platinum is likely to outperform the market. Please check Impala Platinum's maximum drawdown, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether Impala Platinum's current trending patterns will revert.
Auto-correlation | -0.68 |
Very good reverse predictability
Impala Platinum Holdings has very good reverse predictability. Overlapping area represents the amount of predictability between Impala Platinum time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Impala Platinum Holdings price movement. The serial correlation of -0.68 indicates that around 68.0% of current Impala Platinum price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.62 |
Impala Platinum Holdings lagged returns against current returns
Autocorrelation, which is Impala Platinum 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 Impala Platinum's otc stock expected returns. We can calculate the autocorrelation of Impala Platinum returns to help us make a trade decision. For example, suppose you find that Impala Platinum 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 |
| Timeline |
Impala Platinum 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 Impala Platinum otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Impala Platinum otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Impala Platinum otc stock over time.
Current vs Lagged Prices |
| Timeline |
Impala Platinum Lagged Returns
When evaluating Impala Platinum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Impala Platinum otc stock have on its future price. Impala Platinum 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, Impala Platinum autocorrelation shows the relationship between Impala Platinum otc stock current value and its past values and can show if there is a momentum factor associated with investing in Impala Platinum Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Impala OTC Stock
Impala Platinum financial ratios help investors to determine whether Impala OTC 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 Impala with respect to the benefits of owning Impala Platinum security.