Silvercorp Metals (Germany) Market Value
| S9Y Stock | EUR 2.91 0.01 0.34% |
| Symbol | Silvercorp |
Silvercorp 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 Silvercorp Metals' 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 Silvercorp Metals.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Silvercorp Metals on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Silvercorp Metals or generate 0.0% return on investment in Silvercorp Metals over 30 days. Silvercorp Metals is related to or competes with Ares Management, Brockhaus Capital, Air New, AIR LIQUIDE, NORWEGIAN AIR, Platinum Investment, and SOGECLAIR. Silvercorp Metals Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and mining... More
Silvercorp 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 Silvercorp Metals' 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 Silvercorp Metals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 23.9 | |||
| Value At Risk | (6.08) | |||
| Potential Upside | 4.28 |
Silvercorp Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silvercorp Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Silvercorp Metals' standard deviation. In reality, there are many statistical measures that can use Silvercorp Metals historical prices to predict the future Silvercorp Metals' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (0.41) |
Silvercorp Metals Backtested Returns
Silvercorp Metals owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0811, which indicates the firm had a -0.0811% return per unit of risk over the last 3 months. Silvercorp Metals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Silvercorp Metals' Risk Adjusted Performance of (0.05), coefficient of variation of (1,355), and Variance of 13.18 to confirm the risk estimate we provide. The entity has a beta of 0.68, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Silvercorp Metals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Silvercorp Metals is expected to be smaller as well. At this point, Silvercorp Metals has a negative expected return of -0.3%. Please make sure to validate Silvercorp Metals' maximum drawdown, kurtosis, day median price, as well as the relationship between the potential upside and daily balance of power , to decide if Silvercorp Metals performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.36 |
Below average predictability
Silvercorp Metals has below average predictability. Overlapping area represents the amount of predictability between Silvercorp Metals time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 Silvercorp Metals price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Silvercorp Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Silvercorp Metals lagged returns against current returns
Autocorrelation, which is Silvercorp Metals 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 Silvercorp Metals' stock expected returns. We can calculate the autocorrelation of Silvercorp Metals returns to help us make a trade decision. For example, suppose you find that Silvercorp Metals 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 |
Silvercorp 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 Silvercorp Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Silvercorp Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Silvercorp Metals stock over time.
Current vs Lagged Prices |
| Timeline |
Silvercorp Metals Lagged Returns
When evaluating Silvercorp Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Silvercorp Metals stock have on its future price. Silvercorp 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, Silvercorp Metals autocorrelation shows the relationship between Silvercorp Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Silvercorp Metals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Silvercorp Stock
When determining whether Silvercorp Metals is a strong investment it is important to analyze Silvercorp Metals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Silvercorp Metals' future performance. For an informed investment choice regarding Silvercorp Stock, refer to the following important reports:Check out Silvercorp Metals Correlation, Silvercorp Metals Volatility and Silvercorp Metals Alpha and Beta module to complement your research on Silvercorp Metals. For more detail on how to invest in Silvercorp Stock please use our How to Invest in Silvercorp Metals guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Silvercorp Metals technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.