Imperial Metals (Germany) Market Value
| L7D Stock | EUR 1.23 0.04 3.15% |
| Symbol | Imperial |
Imperial Metals '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 Imperial Metals' 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 Imperial Metals.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Imperial Metals on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Imperial Metals or generate 0.0% return on investment in Imperial Metals over 30 days. Imperial Metals is related to or competes with Perma-Fix Environmental, FUYO GENERAL, MOLSON RS, Lifeway Foods, J+J SNACK, and TYSON FOODS. Imperial Metals Corporation acquires, explores, develops, mining, and produces base and precious metals in Canada More
Imperial Metals 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 Imperial Metals' 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 Imperial Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.84 | |||
| Information Ratio | 0.0116 | |||
| Maximum Drawdown | 17.86 | |||
| Value At Risk | (4.51) | |||
| Potential Upside | 5.0 |
Imperial Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Imperial Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Imperial Metals' standard deviation. In reality, there are many statistical measures that can use Imperial Metals historical prices to predict the future Imperial Metals' volatility.| Risk Adjusted Performance | 0.0411 | |||
| Jensen Alpha | 0.2268 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.0133 | |||
| Treynor Ratio | (0.16) |
Imperial Metals Backtested Returns
At this point, Imperial Metals is dangerous. Imperial Metals holds Efficiency (Sharpe) Ratio of 0.0392, which attests that the entity had a 0.0392% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Imperial Metals, which you can use to evaluate the volatility of the firm. Please check out Imperial Metals' Market Risk Adjusted Performance of (0.15), risk adjusted performance of 0.0411, and Downside Deviation of 2.84 to validate if the risk estimate we provide is consistent with the expected return of 0.13%. Imperial Metals has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.86, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Imperial Metals are expected to decrease slowly. On the other hand, during market turmoil, Imperial Metals is expected to outperform it slightly. Imperial Metals right now retains a risk of 3.3%. Please check out Imperial Metals total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Imperial Metals will be following its current trending patterns.
Auto-correlation | -0.62 |
Very good reverse predictability
Imperial Metals has very good reverse predictability. Overlapping area represents the amount of predictability between Imperial Metals time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Imperial Metals price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Imperial Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Imperial Metals lagged returns against current returns
Autocorrelation, which is Imperial Metals 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 Imperial Metals' stock expected returns. We can calculate the autocorrelation of Imperial Metals returns to help us make a trade decision. For example, suppose you find that Imperial Metals 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 |
Imperial Metals 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 Imperial Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Imperial Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Imperial Metals stock over time.
Current vs Lagged Prices |
| Timeline |
Imperial Metals Lagged Returns
When evaluating Imperial Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Imperial Metals stock have on its future price. Imperial Metals 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, Imperial Metals autocorrelation shows the relationship between Imperial Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Imperial Metals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Imperial Stock
Imperial Metals financial ratios help investors to determine whether Imperial 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 Imperial with respect to the benefits of owning Imperial Metals security.