Latin Metals Stock Market Value
| LMSQF Stock | USD 0.06 0.01 9.23% |
| Symbol | Latin |
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.
| 09/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Latin Metals on September 28, 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, Group Ten, 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.
| Downside Deviation | 12.83 | |||
| Information Ratio | 0.0567 | |||
| Maximum Drawdown | 53.59 | |||
| Value At Risk | (15.36) | |||
| Potential Upside | 17.36 |
Latin Metals Market Risk Indicators
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.| Risk Adjusted Performance | 0.0637 | |||
| Jensen Alpha | 0.873 | |||
| Total Risk Alpha | (0.78) | |||
| Sortino Ratio | 0.0393 | |||
| Treynor Ratio | (0.30) |
Latin Metals Backtested Returns
Latin Metals appears to be out of control, given 3 months investment horizon. Latin Metals has Sharpe Ratio of 0.0641, which conveys that the firm had a 0.0641% return per unit of risk over the last 3 months. By analyzing Latin Metals' technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please exercise Latin Metals' Downside Deviation of 12.83, mean deviation of 5.21, and Risk Adjusted Performance of 0.0637 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Latin Metals holds a performance score of 5. The company secures a Beta (Market Risk) of -2.06, 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. Please check Latin Metals' potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Latin Metals' current price movements will revert.
Auto-correlation | -0.56 |
Good reverse predictability
Latin Metals has good reverse predictability. Overlapping area represents the amount of predictability between Latin Metals time series from 28th of September 2024 to 28th of October 2024 and 28th of October 2024 to 27th 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 Latin Metals price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Latin Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Latin OTC Stock
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.