Latin Metals' market value is the price at which a share of Latin Metals trades on a public exchange. It measures the collective expectations of Latin Metals investors about its performance. Latin Metals is trading at 0.0571 as of the 1st of February 2025. This is a 4.52 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.0526. With this module, you can estimate the performance of a buy and hold strategy of Latin Metals and determine expected loss or profit from investing in Latin Metals over a given investment horizon. Check out Latin Metals Correlation, Latin Metals Volatility and Latin Metals Alpha and Beta module to complement your research on Latin Metals.
Please note, there is a significant difference between Latin Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Latin Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Latin Metals' 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.
Latin 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 Latin Metals' 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 Latin Metals.
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12/03/2024
No Change 0.00
0.0
In 2 months and 2 days
02/01/2025
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If you would invest 0.00 in Latin Metals on December 3, 2024 and sell it all today you would earn a total of 0.00 from holding Latin Metals or generate 0.0% return on investment in Latin Metals over 60 days. Latin Metals is related to or competes with IGO, IGO, Surge Battery, and Oroco Resource. Latin Metals Inc., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral prop... More
Latin 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 Latin Metals' 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 Latin Metals upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Latin Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Latin Metals' standard deviation. In reality, there are many statistical measures that can use Latin Metals historical prices to predict the future Latin Metals' volatility.
Latin Metals has Sharpe Ratio of -0.0174, which conveys that the firm had a -0.0174 % return per unit of risk over the last 3 months. Latin Metals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Latin Metals' Risk Adjusted Performance of (0.01), mean deviation of 3.73, and Standard Deviation of 6.93 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -1.22, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Latin Metals are expected to decrease by larger amounts. On the other hand, during market turmoil, Latin Metals is expected to outperform it. At this point, Latin Metals has a negative expected return of -0.12%. Please make sure to verify Latin Metals' maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Latin Metals performance from the past will be repeated at some point in the near future.
Auto-correlation
0.32
Below average predictability
Latin Metals has below average predictability. Overlapping area represents the amount of predictability between Latin Metals time series from 3rd of December 2024 to 2nd of January 2025 and 2nd of January 2025 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Latin Metals price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Latin Metals price fluctuation can be explain by its past prices.
Correlation Coefficient
0.32
Spearman Rank Test
-0.14
Residual Average
0.0
Price Variance
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Latin Metals lagged returns against current returns
Autocorrelation, which is Latin Metals 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 Latin Metals' otc stock expected returns. We can calculate the autocorrelation of Latin Metals returns to help us make a trade decision. For example, suppose you find that Latin Metals 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
Latin 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 Latin Metals otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Latin Metals otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Latin Metals otc stock over time.
Current vs Lagged Prices
Timeline
Latin Metals Lagged Returns
When evaluating Latin Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Latin Metals otc stock have on its future price. Latin 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, Latin Metals autocorrelation shows the relationship between Latin Metals otc stock current value and its past values and can show if there is a momentum factor associated with investing in Latin Metals.
Latin Metals financial ratios help investors to determine whether Latin 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 Latin with respect to the benefits of owning Latin Metals security.