Apollo Silver Corp Stock Market Value
| APGOF Stock | USD 0.16 0.01 6.67% |
| Symbol | Apollo |
Apollo Silver '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 Apollo Silver's otc 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 Apollo Silver.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Apollo Silver on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Apollo Silver Corp or generate 0.0% return on investment in Apollo Silver over 690 days. Apollo Silver is related to or competes with Arizona Silver, Aya Gold, Guanajuato Silver, Andean Precious, Bald Eagle, Discovery Metals, and Dolly Varden. Apollo Silver Corp. engages in the exploration and development of silver properties in the United States More
Apollo Silver 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 Apollo Silver's otc 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 Apollo Silver Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.0 | |||
| Information Ratio | 0.0044 | |||
| Maximum Drawdown | 38.01 | |||
| Value At Risk | (10.53) | |||
| Potential Upside | 15.0 |
Apollo Silver Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Apollo Silver's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Apollo Silver's standard deviation. In reality, there are many statistical measures that can use Apollo Silver historical prices to predict the future Apollo Silver's volatility.| Risk Adjusted Performance | 0.0257 | |||
| Jensen Alpha | 0.2295 | |||
| Total Risk Alpha | (0.94) | |||
| Sortino Ratio | 0.004 | |||
| Treynor Ratio | (0.21) |
Apollo Silver Corp Backtested Returns
Apollo Silver appears to be out of control, given 3 months investment horizon. Apollo Silver Corp secures Sharpe Ratio (or Efficiency) of 0.0352, which signifies that the company had a 0.0352% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Apollo Silver Corp, which you can use to evaluate the volatility of the firm. Please makes use of Apollo Silver's Downside Deviation of 8.0, risk adjusted performance of 0.0257, and Mean Deviation of 5.03 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Apollo Silver holds a performance score of 2. The firm shows a Beta (market volatility) of -0.71, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Apollo Silver are expected to decrease at a much lower rate. During the bear market, Apollo Silver is likely to outperform the market. Please check Apollo Silver's sortino ratio and the relationship between the potential upside and day median price , to make a quick decision on whether Apollo Silver's price patterns will revert.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Apollo Silver Corp has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Apollo Silver time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 Apollo Silver Corp price movement. The serial correlation of -0.77 indicates that around 77.0% of current Apollo Silver price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Apollo Silver Corp lagged returns against current returns
Autocorrelation, which is Apollo Silver otc 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 Apollo Silver's otc stock expected returns. We can calculate the autocorrelation of Apollo Silver returns to help us make a trade decision. For example, suppose you find that Apollo Silver has exhibited high autocorrelation historically, and you observe that the otc 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 |
Apollo Silver 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 Apollo Silver otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Apollo Silver otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Apollo Silver otc stock over time.
Current vs Lagged Prices |
| Timeline |
Apollo Silver Lagged Returns
When evaluating Apollo Silver's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Apollo Silver otc stock have on its future price. Apollo Silver 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, Apollo Silver autocorrelation shows the relationship between Apollo Silver otc stock current value and its past values and can show if there is a momentum factor associated with investing in Apollo Silver Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Apollo OTC Stock
Apollo Silver financial ratios help investors to determine whether Apollo OTC Stock 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 Apollo with respect to the benefits of owning Apollo Silver security.