Silver Grail Resources Stock Market Value
| SVG Stock | CAD 0.08 0.01 14.29% |
| Symbol | Silver |
Silver Grail '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 Silver Grail'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 Silver Grail.
| 04/21/2024 |
| 12/17/2024 |
If you would invest 0.00 in Silver Grail on April 21, 2024 and sell it all today you would earn a total of 0.00 from holding Silver Grail Resources or generate 0.0% return on investment in Silver Grail over 240 days. Silver Grail is related to or competes with Outcrop Gold, Strikepoint Gold, Defiance Silver, Eskay Mining, and Stillwater Critical. Silver Grail Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral propert... More
Silver Grail 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 Silver Grail'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 Silver Grail Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 37.5 | |||
| Value At Risk | (12.50) |
Silver Grail Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silver Grail's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Silver Grail's standard deviation. In reality, there are many statistical measures that can use Silver Grail historical prices to predict the future Silver Grail's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.63) | |||
| Total Risk Alpha | (1.19) | |||
| Treynor Ratio | (0.50) |
Silver Grail Resources Backtested Returns
Silver Grail Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0512, which indicates the firm had a -0.0512% return per unit of risk over the last 3 months. Silver Grail Resources exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Silver Grail's Coefficient Of Variation of (1,170), variance of 38.94, and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide. The entity has a beta of 1.09, which indicates a somewhat significant risk relative to the market. Silver Grail returns are very sensitive to returns on the market. As the market goes up or down, Silver Grail is expected to follow. At this point, Silver Grail Resources has a negative expected return of -0.31%. Please make sure to validate Silver Grail's information ratio, skewness, as well as the relationship between the Skewness and day median price , to decide if Silver Grail Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.62 |
Good predictability
Silver Grail Resources has good predictability. Overlapping area represents the amount of predictability between Silver Grail time series from 21st of April 2024 to 19th of August 2024 and 19th of August 2024 to 17th 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 Silver Grail Resources price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Silver Grail price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Silver Grail Resources lagged returns against current returns
Autocorrelation, which is Silver Grail 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 Silver Grail's stock expected returns. We can calculate the autocorrelation of Silver Grail returns to help us make a trade decision. For example, suppose you find that Silver Grail 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 |
Silver Grail 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 Silver Grail stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Silver Grail stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Silver Grail stock over time.
Current vs Lagged Prices |
| Timeline |
Silver Grail Lagged Returns
When evaluating Silver Grail's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Silver Grail stock have on its future price. Silver Grail 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, Silver Grail autocorrelation shows the relationship between Silver Grail stock current value and its past values and can show if there is a momentum factor associated with investing in Silver Grail Resources.
Regressed Prices |
| Timeline |
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Additional Tools for Silver Stock Analysis
When running Silver Grail's price analysis, check to measure Silver Grail's 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 Silver Grail is operating at the current time. Most of Silver Grail's value examination focuses on studying past and present price action to predict the probability of Silver Grail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silver Grail's price. Additionally, you may evaluate how the addition of Silver Grail to your portfolios can decrease your overall portfolio volatility.