Semirara Mining (Philippines) Market Value
| SCC Stock | 31.75 0.15 0.47% |
| Symbol | Semirara |
Semirara Mining '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 Semirara Mining'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 Semirara Mining.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Semirara Mining on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Semirara Mining Corp or generate 0.0% return on investment in Semirara Mining over 30 days. Semirara Mining is related to or competes with Philex Mining, Converge Information, Top Frontier, Alliance Select, Metro Retail, Apex Mining. More
Semirara Mining 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 Semirara Mining'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 Semirara Mining Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9929 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 6.12 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.92 |
Semirara Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Semirara Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Semirara Mining's standard deviation. In reality, there are many statistical measures that can use Semirara Mining historical prices to predict the future Semirara Mining's volatility.| Risk Adjusted Performance | 0.0468 | |||
| Jensen Alpha | 0.0727 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.30) |
Semirara Mining Corp Backtested Returns
At this point, Semirara Mining is very steady. Semirara Mining Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0697, which indicates the firm had a 0.0697% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Semirara Mining Corp, which you can use to evaluate the volatility of the company. Please validate Semirara Mining's Risk Adjusted Performance of 0.0468, coefficient of variation of 1752.12, and Semi Deviation of 0.8982 to confirm if the risk estimate we provide is consistent with the expected return of 0.0795%. Semirara Mining has a performance score of 5 on a scale of 0 to 100. The entity has a beta of -0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Semirara Mining are expected to decrease at a much lower rate. During the bear market, Semirara Mining is likely to outperform the market. Semirara Mining Corp right now has a risk of 1.14%. Please validate Semirara Mining semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to decide if Semirara Mining will be following its existing price patterns.
Auto-correlation | 0.06 |
Virtually no predictability
Semirara Mining Corp has virtually no predictability. Overlapping area represents the amount of predictability between Semirara Mining time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Semirara Mining Corp price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Semirara Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Semirara Mining Corp lagged returns against current returns
Autocorrelation, which is Semirara Mining 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 Semirara Mining's stock expected returns. We can calculate the autocorrelation of Semirara Mining returns to help us make a trade decision. For example, suppose you find that Semirara Mining 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 |
Semirara Mining 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 Semirara Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Semirara Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Semirara Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Semirara Mining Lagged Returns
When evaluating Semirara Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Semirara Mining stock have on its future price. Semirara Mining 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, Semirara Mining autocorrelation shows the relationship between Semirara Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Semirara Mining Corp.
Regressed Prices |
| Timeline |
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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 Semirara Stock
Semirara Mining financial ratios help investors to determine whether Semirara 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 Semirara with respect to the benefits of owning Semirara Mining security.