Pan American Silver Stock Market Value
| PAAS Stock | USD 22.91 0.49 2.19% |
| Symbol | Pan |
Pan American Silver Price To Book Ratio
Is 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 Pan American. If investors know Pan 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 Pan American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.78) | Dividend Share 0.4 | Earnings Share (0.20) | Revenue Per Share 7.348 | Quarterly Revenue Growth 0.162 |
The market value of Pan American Silver is measured differently than its book value, which is the value of Pan that is recorded on the company's balance sheet. Investors also form their own opinion of Pan American's value that differs from its market value or its book value, called intrinsic value, which is Pan American'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 Pan American's market value can be influenced by many factors that don't directly affect Pan American'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 Pan American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pan American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pan American'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.
Pan American '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 Pan American'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 Pan American.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Pan American on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Pan American Silver or generate 0.0% return on investment in Pan American over 30 days. Pan American is related to or competes with Newmont Goldcorp, Wheaton Precious, Franco Nevada, Kinross Gold, Royal Gold, Agnico Eagle, and Sandstorm Gold. Pan American Silver Corp., together with its subsidiaries, engages in the exploration, mine development, extraction, pro... More
Pan American 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 Pan American'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 Pan American Silver upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.35 | |||
| Information Ratio | 0.0075 | |||
| Maximum Drawdown | 14.73 | |||
| Value At Risk | (4.04) | |||
| Potential Upside | 6.05 |
Pan American Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pan American's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pan American's standard deviation. In reality, there are many statistical measures that can use Pan American historical prices to predict the future Pan American's volatility.| Risk Adjusted Performance | 0.0377 | |||
| Jensen Alpha | 0.0575 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0093 | |||
| Treynor Ratio | 0.1842 |
Pan American Silver Backtested Returns
Currently, Pan American Silver is not too volatile. Pan American Silver maintains Sharpe Ratio (i.e., Efficiency) of 0.0545, which implies the firm had a 0.0545% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pan American Silver, which you can use to evaluate the volatility of the company. Please check Pan American's Risk Adjusted Performance of 0.0377, semi deviation of 2.29, and Coefficient Of Variation of 2484.06 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. Pan American has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of 0.58, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pan American's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pan American is expected to be smaller as well. Pan American Silver right now holds a risk of 2.95%. Please check Pan American Silver expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if Pan American Silver will be following its historical price patterns.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Pan American Silver has insignificant reverse predictability. Overlapping area represents the amount of predictability between Pan American time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 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 Pan American Silver price movement. The serial correlation of -0.18 indicates that over 18.0% of current Pan American price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.4 |
Pan American Silver lagged returns against current returns
Autocorrelation, which is Pan American 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 Pan American's stock expected returns. We can calculate the autocorrelation of Pan American returns to help us make a trade decision. For example, suppose you find that Pan American 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 |
Pan American 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 Pan American stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pan American stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pan American stock over time.
Current vs Lagged Prices |
| Timeline |
Pan American Lagged Returns
When evaluating Pan American's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pan American stock have on its future price. Pan American 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, Pan American autocorrelation shows the relationship between Pan American stock current value and its past values and can show if there is a momentum factor associated with investing in Pan American Silver.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Pan Stock Analysis
When running Pan American's price analysis, check to measure Pan American'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 Pan American is operating at the current time. Most of Pan American's value examination focuses on studying past and present price action to predict the probability of Pan American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pan American's price. Additionally, you may evaluate how the addition of Pan American to your portfolios can decrease your overall portfolio volatility.