Ioneer Ltd American Stock Market Value
| IONR Stock | USD 5.65 0.03 0.53% |
| Symbol | Ioneer |
ioneer American 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 Ioneer. If investors know Ioneer 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 Ioneer listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.14) | Return On Assets (0.03) | Return On Equity (0.04) |
The market value of ioneer American is measured differently than its book value, which is the value of Ioneer that is recorded on the company's balance sheet. Investors also form their own opinion of Ioneer's value that differs from its market value or its book value, called intrinsic value, which is Ioneer'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 Ioneer's market value can be influenced by many factors that don't directly affect Ioneer'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 Ioneer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ioneer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ioneer'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.
Ioneer '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 Ioneer'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 Ioneer.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Ioneer on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding ioneer Ltd American or generate 0.0% return on investment in Ioneer over 180 days. Ioneer is related to or competes with Cypress Development, Ardea Resources, EMX Royalty, and Fury Gold. ioneer Ltd explores for and develops mineral properties in North America More
Ioneer 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 Ioneer'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 ioneer Ltd American upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.95 | |||
| Information Ratio | 0.1272 | |||
| Maximum Drawdown | 29.33 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 12.53 |
Ioneer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ioneer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ioneer's standard deviation. In reality, there are many statistical measures that can use Ioneer historical prices to predict the future Ioneer's volatility.| Risk Adjusted Performance | 0.1169 | |||
| Jensen Alpha | 0.7618 | |||
| Total Risk Alpha | 0.1662 | |||
| Sortino Ratio | 0.1496 | |||
| Treynor Ratio | 1.09 |
ioneer American Backtested Returns
Ioneer appears to be relatively risky, given 3 months investment horizon. ioneer American holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. By evaluating Ioneer's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please utilize Ioneer's Downside Deviation of 4.95, market risk adjusted performance of 1.1, and Risk Adjusted Performance of 0.1169 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ioneer holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of 0.76, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Ioneer's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ioneer is expected to be smaller as well. Please check Ioneer's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Ioneer's current trending patterns will revert.
Auto-correlation | -0.66 |
Very good reverse predictability
ioneer Ltd American has very good reverse predictability. Overlapping area represents the amount of predictability between Ioneer time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd 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 ioneer American price movement. The serial correlation of -0.66 indicates that around 66.0% of current Ioneer price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 1.63 |
ioneer American lagged returns against current returns
Autocorrelation, which is Ioneer 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 Ioneer's stock expected returns. We can calculate the autocorrelation of Ioneer returns to help us make a trade decision. For example, suppose you find that Ioneer 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 |
Ioneer 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 Ioneer stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ioneer stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ioneer stock over time.
Current vs Lagged Prices |
| Timeline |
Ioneer Lagged Returns
When evaluating Ioneer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ioneer stock have on its future price. Ioneer 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, Ioneer autocorrelation shows the relationship between Ioneer stock current value and its past values and can show if there is a momentum factor associated with investing in ioneer Ltd American.
Regressed Prices |
| Timeline |
Pair Trading with Ioneer
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ioneer position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ioneer will appreciate offsetting losses from the drop in the long position's value.Moving together with Ioneer Stock
Moving against Ioneer Stock
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| 0.5 | XPL | Solitario Exploration | PairCorr |
| 0.31 | GTI | Graphjet Technology Symbol Change | PairCorr |
The ability to find closely correlated positions to Ioneer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ioneer when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ioneer - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ioneer Ltd American to buy it.
The correlation of Ioneer is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ioneer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ioneer American moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ioneer can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Ioneer Stock Analysis
When running Ioneer's price analysis, check to measure Ioneer'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 Ioneer is operating at the current time. Most of Ioneer's value examination focuses on studying past and present price action to predict the probability of Ioneer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ioneer's price. Additionally, you may evaluate how the addition of Ioneer to your portfolios can decrease your overall portfolio volatility.