Poseidon Nickel Limited Stock Market Value
| PSDNF Stock | USD 0 0 35.48% |
| Symbol | Poseidon |
Poseidon Nickel '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 Poseidon Nickel's pink sheet 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 Poseidon Nickel.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Poseidon Nickel on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Poseidon Nickel Limited or generate 0.0% return on investment in Poseidon Nickel over 720 days. Poseidon Nickel is related to or competes with South Star, and Mundoro Capital. Poseidon Nickel Limited engages in the exploration, development, mining, and production of mineral properties in Austral... More
Poseidon Nickel 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 Poseidon Nickel's pink sheet 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 Poseidon Nickel Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 23.97 | |||
| Information Ratio | 0.0588 | |||
| Maximum Drawdown | 113.79 | |||
| Value At Risk | (19.23) | |||
| Potential Upside | 2.94 |
Poseidon Nickel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Poseidon Nickel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Poseidon Nickel's standard deviation. In reality, there are many statistical measures that can use Poseidon Nickel historical prices to predict the future Poseidon Nickel's volatility.| Risk Adjusted Performance | 0.0606 | |||
| Jensen Alpha | 1.06 | |||
| Total Risk Alpha | (1.53) | |||
| Sortino Ratio | 0.0411 | |||
| Treynor Ratio | 3.24 |
Poseidon Nickel Backtested Returns
Poseidon Nickel is out of control given 3 months investment horizon. Poseidon Nickel maintains Sharpe Ratio (i.e., Efficiency) of 0.0671, which implies the firm had a 0.0671% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.13% are justified by taking the suggested risk. Use Poseidon Nickel Semi Deviation of 6.78, risk adjusted performance of 0.0606, and Coefficient Of Variation of 1502.04 to evaluate company specific risk that cannot be diversified away. Poseidon Nickel holds a performance score of 5 on a scale of zero to a hundred. The company holds a Beta of 0.34, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Poseidon Nickel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Poseidon Nickel is expected to be smaller as well. Use Poseidon Nickel value at risk and the relationship between the expected short fall and period momentum indicator , to analyze future returns on Poseidon Nickel.
Auto-correlation | 0.33 |
Below average predictability
Poseidon Nickel Limited has below average predictability. Overlapping area represents the amount of predictability between Poseidon Nickel time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Poseidon Nickel price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Poseidon Nickel price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Poseidon Nickel lagged returns against current returns
Autocorrelation, which is Poseidon Nickel pink sheet'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 Poseidon Nickel's pink sheet expected returns. We can calculate the autocorrelation of Poseidon Nickel returns to help us make a trade decision. For example, suppose you find that Poseidon Nickel has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
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Poseidon Nickel 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 Poseidon Nickel pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Poseidon Nickel pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Poseidon Nickel pink sheet over time.
Current vs Lagged Prices |
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Poseidon Nickel Lagged Returns
When evaluating Poseidon Nickel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Poseidon Nickel pink sheet have on its future price. Poseidon Nickel 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, Poseidon Nickel autocorrelation shows the relationship between Poseidon Nickel pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Poseidon Nickel Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Poseidon Pink Sheet
Poseidon Nickel financial ratios help investors to determine whether Poseidon Pink Sheet 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 Poseidon with respect to the benefits of owning Poseidon Nickel security.