Puma Exploration Stock Market Value
| PUMA Stock | CAD 0.17 0.01 6.25% |
| Symbol | Puma |
Puma Exploration '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 Puma Exploration'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 Puma Exploration.
| 01/09/2024 |
| 12/29/2025 |
If you would invest 0.00 in Puma Exploration on January 9, 2024 and sell it all today you would earn a total of 0.00 from holding Puma Exploration or generate 0.0% return on investment in Puma Exploration over 720 days. Puma Exploration is related to or competes with Brunswick Exploration, Tajiri Resources, BonTerra Resources, Kalo Gold, Independence Gold, Blue Star, and Phenom Resources. Puma Exploration Inc., a junior mining exploration company, acquires, explores for, and develops mining properties in Ca... More
Puma Exploration 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 Puma Exploration'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 Puma Exploration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.24 | |||
| Information Ratio | 0.0536 | |||
| Maximum Drawdown | 33.93 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 12.5 |
Puma Exploration Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Puma Exploration's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Puma Exploration's standard deviation. In reality, there are many statistical measures that can use Puma Exploration historical prices to predict the future Puma Exploration's volatility.| Risk Adjusted Performance | 0.0555 | |||
| Jensen Alpha | 0.533 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0436 | |||
| Treynor Ratio | (0.33) |
Puma Exploration Backtested Returns
Puma Exploration appears to be out of control, given 3 months investment horizon. Puma Exploration maintains Sharpe Ratio (i.e., Efficiency) of 0.0663, which implies the firm had a 0.0663 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Puma Exploration, which you can use to evaluate the volatility of the company. Please evaluate Puma Exploration's Semi Deviation of 4.45, risk adjusted performance of 0.0555, and Coefficient Of Variation of 1508.17 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Puma Exploration holds a performance score of 5. The company holds a Beta of -1.31, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Puma Exploration are expected to decrease by larger amounts. On the other hand, during market turmoil, Puma Exploration is expected to outperform it. Please check Puma Exploration's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Puma Exploration's historical price patterns will revert.
Auto-correlation | -0.51 |
Good reverse predictability
Puma Exploration has good reverse predictability. Overlapping area represents the amount of predictability between Puma Exploration time series from 9th of January 2024 to 3rd of January 2025 and 3rd of January 2025 to 29th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Puma Exploration price movement. The serial correlation of -0.51 indicates that about 51.0% of current Puma Exploration price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Puma Exploration lagged returns against current returns
Autocorrelation, which is Puma Exploration 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 Puma Exploration's stock expected returns. We can calculate the autocorrelation of Puma Exploration returns to help us make a trade decision. For example, suppose you find that Puma Exploration 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 |
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Puma Exploration 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 Puma Exploration stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Puma Exploration stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Puma Exploration stock over time.
Current vs Lagged Prices |
| Timeline |
Puma Exploration Lagged Returns
When evaluating Puma Exploration's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Puma Exploration stock have on its future price. Puma Exploration 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, Puma Exploration autocorrelation shows the relationship between Puma Exploration stock current value and its past values and can show if there is a momentum factor associated with investing in Puma Exploration.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Puma Stock Analysis
When running Puma Exploration's price analysis, check to measure Puma Exploration'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 Puma Exploration is operating at the current time. Most of Puma Exploration's value examination focuses on studying past and present price action to predict the probability of Puma Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Puma Exploration's price. Additionally, you may evaluate how the addition of Puma Exploration to your portfolios can decrease your overall portfolio volatility.