Pelangio Exploration Stock Market Value
| PX Stock | CAD 0.29 0.01 3.33% |
| Symbol | Pelangio |
Pelangio Exploration Price To Book Ratio
Pelangio 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 Pelangio 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 Pelangio Exploration.
| 12/13/2025 |
| 01/12/2026 |
If you would invest 0.00 in Pelangio Exploration on December 13, 2025 and sell it all today you would earn a total of 0.00 from holding Pelangio Exploration or generate 0.0% return on investment in Pelangio Exploration over 30 days. Pelangio Exploration is related to or competes with Churchill Resources, Century Lithium, Salazar Resources, Lithium South, Black Iron, Quartz Mountain, and Aton Resources. Pelangio Exploration Inc., a junior gold exploration company, engages in the acquisition, exploration, and development o... More
Pelangio 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 Pelangio 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 Pelangio Exploration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.28 | |||
| Information Ratio | 0.0601 | |||
| Maximum Drawdown | 36.09 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 10.0 |
Pelangio Exploration Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pelangio Exploration's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pelangio Exploration's standard deviation. In reality, there are many statistical measures that can use Pelangio Exploration historical prices to predict the future Pelangio Exploration's volatility.| Risk Adjusted Performance | 0.0648 | |||
| Jensen Alpha | 0.4084 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0595 | |||
| Treynor Ratio | 0.7823 |
Pelangio Exploration Backtested Returns
Pelangio Exploration appears to be out of control, given 3 months investment horizon. Pelangio Exploration maintains Sharpe Ratio (i.e., Efficiency) of 0.0885, which implies the firm had a 0.0885 % return per unit of risk over the last 3 months. By analyzing Pelangio Exploration's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please evaluate Pelangio Exploration's Coefficient Of Variation of 1328.54, risk adjusted performance of 0.0648, and Semi Deviation of 3.89 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pelangio Exploration holds a performance score of 7. The company holds a Beta of 0.59, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pelangio Exploration's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pelangio Exploration is expected to be smaller as well. Please check Pelangio Exploration's maximum drawdown and the relationship between the expected short fall and period momentum indicator , to make a quick decision on whether Pelangio Exploration's historical price patterns will revert.
Auto-correlation | -0.44 |
Modest reverse predictability
Pelangio Exploration has modest reverse predictability. Overlapping area represents the amount of predictability between Pelangio Exploration time series from 13th of December 2025 to 28th of December 2025 and 28th of December 2025 to 12th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pelangio Exploration price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Pelangio Exploration price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pelangio Exploration lagged returns against current returns
Autocorrelation, which is Pelangio 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 Pelangio Exploration's stock expected returns. We can calculate the autocorrelation of Pelangio Exploration returns to help us make a trade decision. For example, suppose you find that Pelangio 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 |
| Timeline |
Pelangio 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 Pelangio Exploration stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pelangio Exploration stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pelangio Exploration stock over time.
Current vs Lagged Prices |
| Timeline |
Pelangio Exploration Lagged Returns
When evaluating Pelangio Exploration's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pelangio Exploration stock have on its future price. Pelangio 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, Pelangio Exploration autocorrelation shows the relationship between Pelangio Exploration stock current value and its past values and can show if there is a momentum factor associated with investing in Pelangio Exploration.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Pelangio Stock Analysis
When running Pelangio Exploration's price analysis, check to measure Pelangio 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 Pelangio Exploration is operating at the current time. Most of Pelangio Exploration's value examination focuses on studying past and present price action to predict the probability of Pelangio 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 Pelangio Exploration's price. Additionally, you may evaluate how the addition of Pelangio Exploration to your portfolios can decrease your overall portfolio volatility.