Silvercrest Metals Stock Market Value
| SILV Stock | USD 9.90 0.41 3.98% |
| Symbol | SilverCrest |
SilverCrest Metals Price To Book Ratio
Is Precious Metals & Minerals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SilverCrest Metals. If investors know SilverCrest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SilverCrest Metals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.70) | Earnings Share 0.58 | Revenue Per Share 1.887 | Quarterly Revenue Growth 0.259 | Return On Assets 0.1884 |
The market value of SilverCrest Metals is measured differently than its book value, which is the value of SilverCrest that is recorded on the company's balance sheet. Investors also form their own opinion of SilverCrest Metals' value that differs from its market value or its book value, called intrinsic value, which is SilverCrest Metals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SilverCrest Metals' market value can be influenced by many factors that don't directly affect SilverCrest Metals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SilverCrest Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if SilverCrest Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SilverCrest Metals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
SilverCrest 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 SilverCrest 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 SilverCrest Metals.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in SilverCrest Metals on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding SilverCrest Metals or generate 0.0% return on investment in SilverCrest Metals over 30 days. SilverCrest Metals is related to or competes with Hecla Mining, McEwen Mining, Endeavour Silver, New Pacific, Gatos Silver, and Compania. SilverCrest Metals Inc. explores for and develops precious metal properties in Mexico More
SilverCrest 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 SilverCrest 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 SilverCrest Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.98 | |||
| Information Ratio | 0.0545 | |||
| Maximum Drawdown | 16.03 | |||
| Value At Risk | (4.82) | |||
| Potential Upside | 8.37 |
SilverCrest Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SilverCrest Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SilverCrest Metals' standard deviation. In reality, there are many statistical measures that can use SilverCrest Metals historical prices to predict the future SilverCrest Metals' volatility.| Risk Adjusted Performance | 0.0762 | |||
| Jensen Alpha | 0.2318 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0693 | |||
| Treynor Ratio | 0.4137 |
SilverCrest Metals Backtested Returns
SilverCrest Metals appears to be slightly risky, given 3 months investment horizon. SilverCrest Metals owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0898, which indicates the firm had a 0.0898% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for SilverCrest Metals, which you can use to evaluate the volatility of the company. Please review SilverCrest Metals' Risk Adjusted Performance of 0.0762, coefficient of variation of 1124.17, and Semi Deviation of 2.88 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SilverCrest Metals holds a performance score of 7. The entity has a beta of 0.79, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SilverCrest Metals' returns are expected to increase less than the market. However, during the bear market, the loss of holding SilverCrest Metals is expected to be smaller as well. Please check SilverCrest Metals' value at risk, as well as the relationship between the kurtosis and price action indicator , to make a quick decision on whether SilverCrest Metals' existing price patterns will revert.
Auto-correlation | -0.29 |
Weak reverse predictability
SilverCrest Metals has weak reverse predictability. Overlapping area represents the amount of predictability between SilverCrest Metals 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 SilverCrest Metals price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current SilverCrest Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
SilverCrest Metals lagged returns against current returns
Autocorrelation, which is SilverCrest 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 SilverCrest Metals' stock expected returns. We can calculate the autocorrelation of SilverCrest Metals returns to help us make a trade decision. For example, suppose you find that SilverCrest 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 |
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SilverCrest 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 SilverCrest Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SilverCrest Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SilverCrest Metals stock over time.
Current vs Lagged Prices |
| Timeline |
SilverCrest Metals Lagged Returns
When evaluating SilverCrest Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SilverCrest Metals stock have on its future price. SilverCrest 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, SilverCrest Metals autocorrelation shows the relationship between SilverCrest Metals stock current value and its past values and can show if there is a momentum factor associated with investing in SilverCrest Metals.
Regressed Prices |
| Timeline |
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Additional Tools for SilverCrest Stock Analysis
When running SilverCrest Metals' price analysis, check to measure SilverCrest Metals' 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 SilverCrest Metals is operating at the current time. Most of SilverCrest Metals' value examination focuses on studying past and present price action to predict the probability of SilverCrest Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SilverCrest Metals' price. Additionally, you may evaluate how the addition of SilverCrest Metals to your portfolios can decrease your overall portfolio volatility.