Blackrock Silver Corp Stock Market Value
| BRC Stock | CAD 0.42 0.03 7.69% |
| Symbol | Blackrock |
Blackrock Silver Corp Price To Book Ratio
Blackrock 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 Blackrock Silver's 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 Blackrock Silver.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Blackrock Silver on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock Silver Corp or generate 0.0% return on investment in Blackrock Silver over 30 days. Blackrock Silver is related to or competes with Outcrop Gold, Strikepoint Gold, Defiance Silver, Eskay Mining, and Stillwater Critical. Blackrock Gold Corp. engages in the acquisition, exploration, and development of mineral properties located in Canada an... More
Blackrock 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 Blackrock Silver's 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 Blackrock Silver Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.14 | |||
| Information Ratio | 0.1418 | |||
| Maximum Drawdown | 23.51 | |||
| Value At Risk | (6.38) | |||
| Potential Upside | 9.52 |
Blackrock Silver Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Silver's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Silver's standard deviation. In reality, there are many statistical measures that can use Blackrock Silver historical prices to predict the future Blackrock Silver's volatility.| Risk Adjusted Performance | 0.1358 | |||
| Jensen Alpha | 0.8694 | |||
| Total Risk Alpha | 0.07 | |||
| Sortino Ratio | 0.1426 | |||
| Treynor Ratio | (4.64) |
Blackrock Silver Corp Backtested Returns
Blackrock Silver appears to be out of control, given 3 months investment horizon. Blackrock Silver Corp secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of standard deviation over the last 3 months. By analyzing Blackrock Silver's technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please makes use of Blackrock Silver's risk adjusted performance of 0.1358, and Mean Deviation of 4.08 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Blackrock Silver holds a performance score of 13. The firm shows a Beta (market volatility) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Blackrock Silver are expected to decrease at a much lower rate. During the bear market, Blackrock Silver is likely to outperform the market. Please check Blackrock Silver's value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether Blackrock Silver's price patterns will revert.
Auto-correlation | -0.25 |
Weak reverse predictability
Blackrock Silver Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Blackrock Silver time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 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 Blackrock Silver Corp price movement. The serial correlation of -0.25 indicates that over 25.0% of current Blackrock Silver price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blackrock Silver Corp lagged returns against current returns
Autocorrelation, which is Blackrock Silver 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 Blackrock Silver's stock expected returns. We can calculate the autocorrelation of Blackrock Silver returns to help us make a trade decision. For example, suppose you find that Blackrock Silver has exhibited high autocorrelation historically, and you observe that the 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 |
Blackrock 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 Blackrock Silver stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Silver stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blackrock Silver stock over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Silver Lagged Returns
When evaluating Blackrock Silver's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Silver stock have on its future price. Blackrock 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, Blackrock Silver autocorrelation shows the relationship between Blackrock Silver stock current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Silver Corp.
Regressed Prices |
| Timeline |
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Additional Tools for Blackrock Stock Analysis
When running Blackrock Silver's price analysis, check to measure Blackrock Silver's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackrock Silver is operating at the current time. Most of Blackrock Silver's value examination focuses on studying past and present price action to predict the probability of Blackrock Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackrock Silver's price. Additionally, you may evaluate how the addition of Blackrock Silver to your portfolios can decrease your overall portfolio volatility.