Arizona Silver Exploration Stock Market Value
| AZASF Stock | USD 0.30 0.01 3.23% |
| Symbol | Arizona |
Arizona 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 Arizona 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 Arizona Silver.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Arizona Silver on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Arizona Silver Exploration or generate 0.0% return on investment in Arizona Silver over 360 days. Arizona Silver is related to or competes with Industrias Penoles, HUMANA, SCOR PK, Ab Pennsylvania, Small Cap, Thrivent High, and Morningstar Unconstrained. Arizona Silver Exploration Inc. engages in the acquisition and exploration of mineral properties More
Arizona 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 Arizona 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 Arizona Silver Exploration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.88 | |||
| Information Ratio | 0.067 | |||
| Maximum Drawdown | 21.97 | |||
| Value At Risk | (6.45) | |||
| Potential Upside | 7.41 |
Arizona Silver Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arizona Silver's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arizona Silver's standard deviation. In reality, there are many statistical measures that can use Arizona Silver historical prices to predict the future Arizona Silver's volatility.| Risk Adjusted Performance | 0.0835 | |||
| Jensen Alpha | 0.3707 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0601 | |||
| Treynor Ratio | 1.06 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Arizona Silver's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Arizona Silver Explo Backtested Returns
Arizona Silver appears to be out of control, given 3 months investment horizon. Arizona Silver Explo secures Sharpe Ratio (or Efficiency) of 0.0858, which signifies that the company had a 0.0858% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Arizona Silver Exploration, which you can use to evaluate the volatility of the firm. Please makes use of Arizona Silver's Risk Adjusted Performance of 0.0835, mean deviation of 3.14, and Downside Deviation of 4.88 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Arizona Silver holds a performance score of 6. The firm shows a Beta (market volatility) of 0.4, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Arizona Silver's returns are expected to increase less than the market. However, during the bear market, the loss of holding Arizona Silver is expected to be smaller as well. Please check Arizona Silver's jensen alpha, semi variance, price action indicator, as well as the relationship between the maximum drawdown and daily balance of power , to make a quick decision on whether Arizona Silver's price patterns will revert.
Auto-correlation | 0.28 |
Poor predictability
Arizona Silver Exploration has poor predictability. Overlapping area represents the amount of predictability between Arizona Silver time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 Arizona Silver Explo price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Arizona Silver price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Arizona Silver Explo lagged returns against current returns
Autocorrelation, which is Arizona 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 Arizona Silver's otc stock expected returns. We can calculate the autocorrelation of Arizona Silver returns to help us make a trade decision. For example, suppose you find that Arizona 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 |
Arizona 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 Arizona Silver otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arizona 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 Arizona Silver otc stock over time.
Current vs Lagged Prices |
| Timeline |
Arizona Silver Lagged Returns
When evaluating Arizona Silver's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arizona Silver otc stock have on its future price. Arizona 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, Arizona Silver autocorrelation shows the relationship between Arizona Silver otc stock current value and its past values and can show if there is a momentum factor associated with investing in Arizona Silver Exploration.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Arizona OTC Stock
Arizona Silver financial ratios help investors to determine whether Arizona 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 Arizona with respect to the benefits of owning Arizona Silver security.