Pampa Metals Stock Market Value
| PMMCF Stock | USD 0.16 0.01 6.67% |
| Symbol | Pampa |
Pampa 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 Pampa 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 Pampa Metals.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Pampa Metals on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Pampa Metals or generate 0.0% return on investment in Pampa Metals over 30 days. Pampa Metals is related to or competes with Surge Battery, and Hillcrest Energy. Pampa Metals Corporation, a mineral exploration company, engages in the acquisition and exploration of base and precious... More
Pampa 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 Pampa 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 Pampa Metals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 53.57 | |||
| Value At Risk | (11.76) | |||
| Potential Upside | 13.33 |
Pampa Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pampa Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pampa Metals' standard deviation. In reality, there are many statistical measures that can use Pampa Metals historical prices to predict the future Pampa Metals' volatility.| Risk Adjusted Performance | 0.006 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (1.08) | |||
| Treynor Ratio | (0.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pampa Metals' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Pampa Metals Backtested Returns
Pampa Metals maintains Sharpe Ratio (i.e., Efficiency) of -0.0055, which implies the firm had a -0.0055% return per unit of risk over the last 3 months. Pampa Metals exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pampa Metals' Coefficient Of Variation of (25,049), variance of 63.39, and Risk Adjusted Performance of 0.006 to confirm the risk estimate we provide. The company holds a Beta of 0.56, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pampa Metals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Pampa Metals is expected to be smaller as well. At this point, Pampa Metals has a negative expected return of -0.0436%. Please make sure to check Pampa Metals' value at risk, rate of daily change, relative strength index, as well as the relationship between the kurtosis and market facilitation index , to decide if Pampa Metals performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Pampa Metals has insignificant reverse predictability. Overlapping area represents the amount of predictability between Pampa Metals time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Pampa Metals price movement. The serial correlation of -0.18 indicates that over 18.0% of current Pampa Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pampa Metals lagged returns against current returns
Autocorrelation, which is Pampa 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 Pampa Metals' otc stock expected returns. We can calculate the autocorrelation of Pampa Metals returns to help us make a trade decision. For example, suppose you find that Pampa 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 |
Pampa 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 Pampa Metals otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pampa 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 Pampa Metals otc stock over time.
Current vs Lagged Prices |
| Timeline |
Pampa Metals Lagged Returns
When evaluating Pampa Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pampa Metals otc stock have on its future price. Pampa 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, Pampa Metals autocorrelation shows the relationship between Pampa Metals otc stock current value and its past values and can show if there is a momentum factor associated with investing in Pampa Metals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Pampa OTC Stock
Pampa Metals financial ratios help investors to determine whether Pampa 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 Pampa with respect to the benefits of owning Pampa Metals security.