Vulcan Minerals Stock Market Value
| VULMF Stock | USD 0.09 0.01 5.56% |
| Symbol | Vulcan |
Vulcan 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 Vulcan 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 Vulcan Minerals.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Vulcan Minerals on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding Vulcan Minerals or generate 0.0% return on investment in Vulcan Minerals over 540 days. Vulcan Minerals is related to or competes with Syrah Resources, and South Star. Vulcan Minerals Inc., a mineral exploration company, engages in acquisition, evaluation, and exploration of mineral prop... More
Vulcan 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 Vulcan 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 Vulcan Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.91 | |||
| Information Ratio | 0.056 | |||
| Maximum Drawdown | 70.91 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 8.43 |
Vulcan Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vulcan Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vulcan Minerals' standard deviation. In reality, there are many statistical measures that can use Vulcan Minerals historical prices to predict the future Vulcan Minerals' volatility.| Risk Adjusted Performance | 0.0632 | |||
| Jensen Alpha | 0.8636 | |||
| Total Risk Alpha | (0.92) | |||
| Sortino Ratio | 0.0486 | |||
| Treynor Ratio | (0.41) |
Vulcan Minerals Backtested Returns
Vulcan Minerals appears to be out of control, given 3 months investment horizon. Vulcan Minerals owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0837, which indicates the firm had a 0.0837% return per unit of risk over the last 3 months. By inspecting Vulcan Minerals' technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please review Vulcan Minerals' Risk Adjusted Performance of 0.0632, coefficient of variation of 1416.53, and Semi Deviation of 4.11 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Vulcan Minerals holds a performance score of 6. The entity has a beta of -1.62, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Vulcan Minerals are expected to decrease by larger amounts. On the other hand, during market turmoil, Vulcan Minerals is expected to outperform it. Please check Vulcan Minerals' treynor ratio and the relationship between the downside variance and day typical price , to make a quick decision on whether Vulcan Minerals' existing price patterns will revert.
Auto-correlation | 0.40 |
Average predictability
Vulcan Minerals has average predictability. Overlapping area represents the amount of predictability between Vulcan Minerals time series from 9th of June 2023 to 5th of March 2024 and 5th of March 2024 to 30th 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 Vulcan Minerals price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Vulcan Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vulcan Minerals lagged returns against current returns
Autocorrelation, which is Vulcan 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 Vulcan Minerals' pink sheet expected returns. We can calculate the autocorrelation of Vulcan Minerals returns to help us make a trade decision. For example, suppose you find that Vulcan 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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Vulcan 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 Vulcan Minerals pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vulcan 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 Vulcan Minerals pink sheet over time.
Current vs Lagged Prices |
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Vulcan Minerals Lagged Returns
When evaluating Vulcan Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vulcan Minerals pink sheet have on its future price. Vulcan 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, Vulcan Minerals autocorrelation shows the relationship between Vulcan Minerals pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Vulcan Minerals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Vulcan Pink Sheet
Vulcan Minerals financial ratios help investors to determine whether Vulcan 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 Vulcan with respect to the benefits of owning Vulcan Minerals security.