Savannah Resources Plc Stock Market Value
| SAVNF Stock | USD 0.04 0.02 27.45% |
| 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' 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 Savannah Resources.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Savannah Resources on October 27, 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 Mundoro Capital. Savannah Resources Plc explores for and develops lithium properties in Portugal 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' 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 Savannah Resources Plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 51.16 | |||
| Value At Risk | (12.58) | |||
| Potential Upside | 10.61 |
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 | (0.01) | |||
| Jensen Alpha | (0.0009) | |||
| Total Risk Alpha | (1.20) | |||
| Treynor Ratio | 0.1194 |
Savannah Resources Plc Backtested Returns
Savannah Resources Plc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0209, which indicates the firm had a -0.0209% return per unit of risk over the last 3 months. Savannah Resources Plc exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Savannah Resources' Coefficient Of Variation of (4,888), variance of 45.56, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The entity has a beta of -1.24, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Savannah Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Savannah Resources is expected to outperform it. At this point, Savannah Resources Plc has a negative expected return of -0.14%. Please make sure to validate Savannah Resources' standard deviation and the relationship between the total risk alpha and day typical price , to decide if Savannah Resources Plc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Savannah Resources Plc has insignificant reverse predictability. Overlapping area represents the amount of predictability between Savannah Resources time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Savannah Resources Plc price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Savannah Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Savannah Resources Plc lagged returns against current returns
Autocorrelation, which is Savannah Resources 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 Savannah Resources' pink sheet 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 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 |
| 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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Savannah Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Savannah Resources pink sheet 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 pink sheet 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 pink sheet 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 |
Currently Active Assets on Macroaxis
Other Information on Investing in Savannah Pink Sheet
Savannah Resources financial ratios help investors to determine whether Savannah 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 Savannah with respect to the benefits of owning Savannah Resources security.