Searchlight Minerals Corp Stock Market Value
| SRCH Stock | USD 0 0.00 0.00% |
| Symbol | Searchlight |
Searchlight Minerals '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 Searchlight Minerals' 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 Searchlight Minerals.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Searchlight Minerals on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Searchlight Minerals Corp or generate 0.0% return on investment in Searchlight Minerals over 30 days. Searchlight Minerals is related to or competes with Amarc Resources, Aftermath Silver, and Aurelia Metals. Searchlight Minerals Corp., an exploration stage company, engages in a slag reprocessing project and the acquisition and... More
Searchlight Minerals 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 Searchlight Minerals' 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 Searchlight Minerals Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 22.05 | |||
| Information Ratio | 0.0081 | |||
| Maximum Drawdown | 115.45 | |||
| Value At Risk | (6.98) |
Searchlight Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Searchlight Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Searchlight Minerals' standard deviation. In reality, there are many statistical measures that can use Searchlight Minerals historical prices to predict the future Searchlight Minerals' volatility.| Risk Adjusted Performance | 0.023 | |||
| Jensen Alpha | (0.74) | |||
| Total Risk Alpha | (1.92) | |||
| Sortino Ratio | 0.005 | |||
| Treynor Ratio | 0.0289 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Searchlight Minerals' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Searchlight Minerals Corp Backtested Returns
Searchlight Minerals appears to be out of control, given 3 months investment horizon. Searchlight Minerals Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.018, which indicates the firm had a 0.018% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Searchlight Minerals Corp, which you can use to evaluate the volatility of the company. Please review Searchlight Minerals' Semi Deviation of 6.84, coefficient of variation of 5646.89, and Risk Adjusted Performance of 0.023 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Searchlight Minerals holds a performance score of 1. The entity has a beta of 8.02, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Searchlight Minerals will likely underperform. Please check Searchlight Minerals' information ratio and the relationship between the treynor ratio and rate of daily change , to make a quick decision on whether Searchlight Minerals' existing price patterns will revert.
Auto-correlation | 0.23 |
Weak predictability
Searchlight Minerals Corp has weak predictability. Overlapping area represents the amount of predictability between Searchlight Minerals time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Searchlight Minerals Corp price movement. The serial correlation of 0.23 indicates that over 23.0% of current Searchlight Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Searchlight Minerals Corp lagged returns against current returns
Autocorrelation, which is Searchlight Minerals 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 Searchlight Minerals' pink sheet expected returns. We can calculate the autocorrelation of Searchlight Minerals returns to help us make a trade decision. For example, suppose you find that Searchlight Minerals 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 |
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Searchlight Minerals 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 Searchlight Minerals pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Searchlight Minerals pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Searchlight Minerals pink sheet over time.
Current vs Lagged Prices |
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Searchlight Minerals Lagged Returns
When evaluating Searchlight Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Searchlight Minerals pink sheet have on its future price. Searchlight Minerals 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, Searchlight Minerals autocorrelation shows the relationship between Searchlight Minerals pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Searchlight Minerals Corp.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Searchlight Pink Sheet
Searchlight Minerals financial ratios help investors to determine whether Searchlight 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 Searchlight with respect to the benefits of owning Searchlight Minerals security.