Ivanhoe Mines Stock Market Value
| IVPAF Stock | USD 13.20 0.45 3.30% |
| Symbol | Ivanhoe |
Ivanhoe Mines '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 Ivanhoe Mines' 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 Ivanhoe Mines.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Ivanhoe Mines on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Ivanhoe Mines or generate 0.0% return on investment in Ivanhoe Mines over 90 days. Ivanhoe Mines is related to or competes with Fury Gold, EMX Royalty, Western Copper, Nevada King, Aftermath Silver, Iluka Resources, and ERAMET SA. Ivanhoe Mines Ltd. engages in the exploration, development, and recovery of minerals and precious metals located primari... More
Ivanhoe Mines 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 Ivanhoe Mines' 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 Ivanhoe Mines upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.54 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 15.69 | |||
| Value At Risk | (5.10) | |||
| Potential Upside | 5.54 |
Ivanhoe Mines Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ivanhoe Mines' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ivanhoe Mines' standard deviation. In reality, there are many statistical measures that can use Ivanhoe Mines historical prices to predict the future Ivanhoe Mines' volatility.| Risk Adjusted Performance | 0.0311 | |||
| Jensen Alpha | 0.0873 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 2.36 |
Ivanhoe Mines Backtested Returns
At this point, Ivanhoe Mines is somewhat reliable. Ivanhoe Mines holds Efficiency (Sharpe) Ratio of 0.0125, which attests that the entity had a 0.0125% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ivanhoe Mines, which you can use to evaluate the volatility of the firm. Please check out Ivanhoe Mines' Risk Adjusted Performance of 0.0311, market risk adjusted performance of 2.37, and Downside Deviation of 3.54 to validate if the risk estimate we provide is consistent with the expected return of 0.0407%. The company retains a Market Volatility (i.e., Beta) of 0.0389, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Ivanhoe Mines' returns are expected to increase less than the market. However, during the bear market, the loss of holding Ivanhoe Mines is expected to be smaller as well. Ivanhoe Mines right now retains a risk of 3.26%. Please check out Ivanhoe Mines treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if Ivanhoe Mines will be following its current trending patterns.
Auto-correlation | -0.66 |
Very good reverse predictability
Ivanhoe Mines has very good reverse predictability. Overlapping area represents the amount of predictability between Ivanhoe Mines time series from 28th of August 2024 to 12th of October 2024 and 12th of October 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 Ivanhoe Mines price movement. The serial correlation of -0.66 indicates that around 66.0% of current Ivanhoe Mines price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Ivanhoe Mines lagged returns against current returns
Autocorrelation, which is Ivanhoe Mines 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 Ivanhoe Mines' otc stock expected returns. We can calculate the autocorrelation of Ivanhoe Mines returns to help us make a trade decision. For example, suppose you find that Ivanhoe Mines 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 |
Ivanhoe Mines 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 Ivanhoe Mines otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ivanhoe Mines otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ivanhoe Mines otc stock over time.
Current vs Lagged Prices |
| Timeline |
Ivanhoe Mines Lagged Returns
When evaluating Ivanhoe Mines' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ivanhoe Mines otc stock have on its future price. Ivanhoe Mines 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, Ivanhoe Mines autocorrelation shows the relationship between Ivanhoe Mines otc stock current value and its past values and can show if there is a momentum factor associated with investing in Ivanhoe Mines.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ivanhoe OTC Stock
Ivanhoe Mines financial ratios help investors to determine whether Ivanhoe 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 Ivanhoe with respect to the benefits of owning Ivanhoe Mines security.