Bayhorse Silver Stock Market Value
| BHSIF Stock | USD 0.04 0 9.75% |
| Symbol | Bayhorse |
Bayhorse 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 Bayhorse 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 Bayhorse Silver.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Bayhorse Silver on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Bayhorse Silver or generate 0.0% return on investment in Bayhorse Silver over 30 days. Bayhorse Silver is related to or competes with IGO, Mineral Res, and Adriatic Metals. Bayhorse Silver Inc., a junior natural resource company, engages in the acquisition, exploration, and development of nat... More
Bayhorse 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 Bayhorse 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 Bayhorse Silver upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.94 | |||
| Information Ratio | 0.0693 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 |
Bayhorse Silver Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bayhorse Silver's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bayhorse Silver's standard deviation. In reality, there are many statistical measures that can use Bayhorse Silver historical prices to predict the future Bayhorse Silver's volatility.| Risk Adjusted Performance | 0.0659 | |||
| Jensen Alpha | 0.9291 | |||
| Total Risk Alpha | (1.16) | |||
| Sortino Ratio | 0.0551 | |||
| Treynor Ratio | 0.7236 |
Bayhorse Silver Backtested Returns
Bayhorse Silver is out of control given 3 months investment horizon. Bayhorse Silver secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.56% are justified by taking the suggested risk. Use Bayhorse Silver Risk Adjusted Performance of 0.0659, mean deviation of 8.73, and Downside Deviation of 17.94 to evaluate company specific risk that cannot be diversified away. Bayhorse Silver holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.53, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bayhorse Silver will likely underperform. Use Bayhorse Silver potential upside and the relationship between the skewness and period momentum indicator , to analyze future returns on Bayhorse Silver.
Auto-correlation | -0.38 |
Poor reverse predictability
Bayhorse Silver has poor reverse predictability. Overlapping area represents the amount of predictability between Bayhorse Silver time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Bayhorse Silver price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Bayhorse Silver price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bayhorse Silver lagged returns against current returns
Autocorrelation, which is Bayhorse 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 Bayhorse Silver's otc stock expected returns. We can calculate the autocorrelation of Bayhorse Silver returns to help us make a trade decision. For example, suppose you find that Bayhorse 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 |
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Bayhorse 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 Bayhorse Silver otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bayhorse 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 Bayhorse Silver otc stock over time.
Current vs Lagged Prices |
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Bayhorse Silver Lagged Returns
When evaluating Bayhorse Silver's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bayhorse Silver otc stock have on its future price. Bayhorse 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, Bayhorse Silver autocorrelation shows the relationship between Bayhorse Silver otc stock current value and its past values and can show if there is a momentum factor associated with investing in Bayhorse Silver.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Bayhorse OTC Stock
Bayhorse Silver financial ratios help investors to determine whether Bayhorse 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 Bayhorse with respect to the benefits of owning Bayhorse Silver security.