Compania Minera (Peru) Market Value
| PODERC1 Stock | 8.30 0.05 0.61% |
| Symbol | Compania |
Compania Minera '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 Compania Minera'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 Compania Minera.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Compania Minera on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Compania Minera Poderosa or generate 0.0% return on investment in Compania Minera over 480 days.
Compania Minera 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 Compania Minera'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 Compania Minera Poderosa upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.6 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 8.74 | |||
| Value At Risk | (3.03) | |||
| Potential Upside | 2.5 |
Compania Minera Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Compania Minera's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Compania Minera's standard deviation. In reality, there are many statistical measures that can use Compania Minera historical prices to predict the future Compania Minera's volatility.| Risk Adjusted Performance | 0.0331 | |||
| Jensen Alpha | 0.0508 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (1.62) |
Compania Minera Poderosa Backtested Returns
At this point, Compania Minera is not too volatile. Compania Minera Poderosa secures Sharpe Ratio (or Efficiency) of 0.0816, which signifies that the company had a 0.0816% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Compania Minera Poderosa, which you can use to evaluate the volatility of the firm. Please confirm Compania Minera's Risk Adjusted Performance of 0.0331, mean deviation of 0.8006, and Downside Deviation of 2.6 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. Compania Minera has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0293, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Compania Minera are expected to decrease at a much lower rate. During the bear market, Compania Minera is likely to outperform the market. Compania Minera Poderosa right now shows a risk of 1.66%. Please confirm Compania Minera Poderosa expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if Compania Minera Poderosa will be following its price patterns.
Auto-correlation | -0.44 |
Modest reverse predictability
Compania Minera Poderosa has modest reverse predictability. Overlapping area represents the amount of predictability between Compania Minera time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 Compania Minera Poderosa price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Compania Minera price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.32 |
Compania Minera Poderosa lagged returns against current returns
Autocorrelation, which is Compania Minera 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 Compania Minera's stock expected returns. We can calculate the autocorrelation of Compania Minera returns to help us make a trade decision. For example, suppose you find that Compania Minera 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 |
Compania Minera 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 Compania Minera stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Compania Minera stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Compania Minera stock over time.
Current vs Lagged Prices |
| Timeline |
Compania Minera Lagged Returns
When evaluating Compania Minera's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Compania Minera stock have on its future price. Compania Minera 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, Compania Minera autocorrelation shows the relationship between Compania Minera stock current value and its past values and can show if there is a momentum factor associated with investing in Compania Minera Poderosa.
Regressed Prices |
| Timeline |
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