Viscount Mining Corp Stock Market Value
| VML Stock | CAD 0.87 0.02 2.25% |
| Symbol | Viscount |
Viscount 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 Viscount 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 Viscount Mining.
| 01/09/2024 |
| 12/29/2025 |
If you would invest 0.00 in Viscount Mining on January 9, 2024 and sell it all today you would earn a total of 0.00 from holding Viscount Mining Corp or generate 0.0% return on investment in Viscount Mining over 720 days. Viscount Mining is related to or competes with Canterra Minerals, Metallic Minerals, Defiance Silver, Kodiak Copper, NevGold Corp, Teuton Resources, and Patagonia Gold. Viscount Mining Corp. explores for and evaluates mineral properties in the United States More
Viscount 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 Viscount 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 Viscount Mining Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.49 | |||
| Information Ratio | 0.0393 | |||
| Maximum Drawdown | 59.25 | |||
| Value At Risk | (6.86) | |||
| Potential Upside | 9.86 |
Viscount Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Viscount Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Viscount Mining's standard deviation. In reality, there are many statistical measures that can use Viscount Mining historical prices to predict the future Viscount Mining's volatility.| Risk Adjusted Performance | 0.0426 | |||
| Jensen Alpha | 0.4335 | |||
| Total Risk Alpha | (0.63) | |||
| Sortino Ratio | 0.0428 | |||
| Treynor Ratio | 0.7501 |
Viscount Mining Corp Backtested Returns
Viscount Mining appears to be out of control, given 3 months investment horizon. Viscount Mining Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0475, which indicates the firm had a 0.0475 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Viscount Mining Corp, which you can use to evaluate the volatility of the company. Please review Viscount Mining's Coefficient Of Variation of 2105.77, semi deviation of 8.64, and Risk Adjusted Performance of 0.0426 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Viscount Mining holds a performance score of 3. The entity has a beta of 0.64, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Viscount Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Viscount Mining is expected to be smaller as well. Please check Viscount Mining's potential upside and the relationship between the skewness and period momentum indicator , to make a quick decision on whether Viscount Mining's existing price patterns will revert.
Auto-correlation | 0.16 |
Very weak predictability
Viscount Mining Corp has very weak predictability. Overlapping area represents the amount of predictability between Viscount Mining time series from 9th of January 2024 to 3rd of January 2025 and 3rd of January 2025 to 29th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Viscount Mining Corp price movement. The serial correlation of 0.16 indicates that over 16.0% of current Viscount Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Viscount Mining Corp lagged returns against current returns
Autocorrelation, which is Viscount 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 Viscount Mining's stock expected returns. We can calculate the autocorrelation of Viscount Mining returns to help us make a trade decision. For example, suppose you find that Viscount 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 |
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Viscount 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 Viscount Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Viscount Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Viscount Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Viscount Mining Lagged Returns
When evaluating Viscount Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Viscount Mining stock have on its future price. Viscount 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, Viscount Mining autocorrelation shows the relationship between Viscount Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Viscount Mining Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Viscount Stock Analysis
When running Viscount Mining's price analysis, check to measure Viscount Mining'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 Viscount Mining is operating at the current time. Most of Viscount Mining's value examination focuses on studying past and present price action to predict the probability of Viscount Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viscount Mining's price. Additionally, you may evaluate how the addition of Viscount Mining to your portfolios can decrease your overall portfolio volatility.