Savannah Resources (UK) Market Value
| SAV Stock | 4.05 0.05 1.25% |
| Symbol | Savannah |
Savannah Resources '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 Savannah Resources' 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 Savannah Resources.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Savannah Resources on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Savannah Resources Plc or generate 0.0% return on investment in Savannah Resources over 30 days. Savannah Resources is related to or competes with Endeavour Mining, Taiwan Semiconductor, Bisichi Mining, Premier Foods, Fevertree Drinks, X FAB, and Central Asia. Savannah Resources is entity of United Kingdom More
Savannah Resources 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 Savannah Resources' 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 Savannah Resources Plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.47 | |||
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 4.54 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.25 |
Savannah Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Savannah Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Savannah Resources' standard deviation. In reality, there are many statistical measures that can use Savannah Resources historical prices to predict the future Savannah Resources' volatility.| Risk Adjusted Performance | 0.0205 | |||
| Jensen Alpha | 0.0354 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.07) |
Savannah Resources Plc Backtested Returns
At this point, Savannah Resources is somewhat reliable. Savannah Resources Plc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.025, which indicates the firm had a 0.025% return per unit of risk over the last 3 months. We have found thirty technical indicators for Savannah Resources Plc, which you can use to evaluate the volatility of the company. Please validate Savannah Resources' Semi Deviation of 0.7677, risk adjusted performance of 0.0205, and Coefficient Of Variation of 4198.68 to confirm if the risk estimate we provide is consistent with the expected return of 0.0234%. Savannah Resources has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Savannah Resources are expected to decrease at a much lower rate. During the bear market, Savannah Resources is likely to outperform the market. Savannah Resources Plc right now has a risk of 0.94%. Please validate Savannah Resources potential upside, accumulation distribution, price action indicator, as well as the relationship between the expected short fall and day median price , to decide if Savannah Resources will be following its existing price patterns.
Auto-correlation | 0.02 |
Virtually no predictability
Savannah Resources Plc has virtually no predictability. Overlapping area represents the amount of predictability between Savannah Resources time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 Savannah Resources Plc price movement. The serial correlation of 0.02 indicates that only 2.0% of current Savannah Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Savannah Resources Plc lagged returns against current returns
Autocorrelation, which is Savannah Resources 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 Savannah Resources' stock expected returns. We can calculate the autocorrelation of Savannah Resources returns to help us make a trade decision. For example, suppose you find that Savannah Resources 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 |
Savannah Resources 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 Savannah Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Savannah Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Savannah Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Savannah Resources Lagged Returns
When evaluating Savannah Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Savannah Resources stock have on its future price. Savannah Resources 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, Savannah Resources autocorrelation shows the relationship between Savannah Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Savannah Resources Plc.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Savannah Stock
Savannah Resources financial ratios help investors to determine whether Savannah Stock 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 Savannah with respect to the benefits of owning Savannah Resources security.