Fortuna Silver Mines Stock Alpha and Beta Analysis
| FSM Stock | USD 4.82 0.15 3.02% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Fortuna Silver Mines. It also helps investors analyze the systematic and unsystematic risks associated with investing in Fortuna Silver over a specified time horizon. Remember, high Fortuna Silver's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Fortuna Silver's market risk premium analysis include:
Beta 0.78 | Alpha 0.000233 | Risk 3.33 | Sharpe Ratio 0.0203 | Expected Return 0.0675 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Fortuna |
Fortuna Silver Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Fortuna Silver market risk premium is the additional return an investor will receive from holding Fortuna Silver long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fortuna Silver. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Fortuna Silver's performance over market.| α | 0.0002 | β | 0.78 |
Fortuna Silver expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Fortuna Silver's Buy-and-hold return. Our buy-and-hold chart shows how Fortuna Silver performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Fortuna Silver Market Price Analysis
Market price analysis indicators help investors to evaluate how Fortuna Silver stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fortuna Silver shares will generate the highest return on investment. By understating and applying Fortuna Silver stock market price indicators, traders can identify Fortuna Silver position entry and exit signals to maximize returns.
Fortuna Silver Return and Market Media
The median price of Fortuna Silver for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 4.8 with a coefficient of variation of 5.77. The daily time series for the period is distributed with a sample standard deviation of 0.28, arithmetic mean of 4.78, and mean deviation of 0.21. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Fortuna intersects 6.9 gt Au over 33.3 meters at the Diamba Sud Project, Senegal | 09/12/2024 |
2 | Q2 2024 Fortuna Mining Corp Earnings Call Transcript | 10/09/2024 |
3 | Fortuna Silver Mines Shares Gap Up Time to Buy | 10/23/2024 |
4 | Fortuna Sittard v Heerenveen | 11/01/2024 |
5 | Fortuna Q3 Earnings Snapshot | 11/06/2024 |
6 | Fortuna reports record earnings for the third quarter of 2024 | 11/07/2024 |
7 | Q3 2024 Fortuna Mining Corp Earnings Call Transcript | 11/08/2024 |
8 | Aigen Investment Management LP Purchases 59,101 Shares of Fortuna Silver Mines Inc. | 11/14/2024 |
9 | Fortuna Silver Mines Shares Gap Up Should You Buy | 11/20/2024 |
About Fortuna Silver Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Fortuna or other stocks. Alpha measures the amount that position in Fortuna Silver Mines has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 4.78 | 7.37 | 6.5 | 6.17 | Days Of Inventory On Hand | 79.43 | 62.82 | 64.8 | 40.3 |
Fortuna Silver Upcoming Company Events
As portrayed in its financial statements, the presentation of Fortuna Silver's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Fortuna Silver's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Fortuna Silver's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Fortuna Silver. Please utilize our Beneish M Score to check the likelihood of Fortuna Silver's management manipulating its earnings.
| 20th of March 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Fortuna Silver
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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Check out Fortuna Silver Backtesting, Fortuna Silver Valuation, Fortuna Silver Correlation, Fortuna Silver Hype Analysis, Fortuna Silver Volatility, Fortuna Silver History and analyze Fortuna Silver Performance. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Fortuna Silver technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.