Ioneer Stock Market Value
| GSCCF Stock | USD 0.12 0.02 14.29% |
| Symbol | Ioneer |
Ioneer '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 Ioneer's pink sheet 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 Ioneer.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Ioneer on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding ioneer or generate 0.0% return on investment in Ioneer over 30 days. Ioneer is related to or competes with Alpha Lithium, IperionX Limited, Mundoro Capital, Strategic Resources, Aurelia Metals, Pure Energy, and Electra Battery. ioneer Ltd explores for and develops mineral properties in North America More
Ioneer 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 Ioneer's pink sheet 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 ioneer upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.71 | |||
| Information Ratio | 0.1013 | |||
| Maximum Drawdown | 45.2 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 18.99 |
Ioneer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ioneer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ioneer's standard deviation. In reality, there are many statistical measures that can use Ioneer historical prices to predict the future Ioneer's volatility.| Risk Adjusted Performance | 0.0977 | |||
| Jensen Alpha | 1.4 | |||
| Total Risk Alpha | (0.50) | |||
| Sortino Ratio | 0.0902 | |||
| Treynor Ratio | (0.46) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ioneer'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.
ioneer Backtested Returns
Ioneer appears to be out of control, given 3 months investment horizon. ioneer holds Efficiency (Sharpe) Ratio of 0.0849, which attests that the entity had a 0.0849% return per unit of risk over the last 3 months. By evaluating Ioneer's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please utilize Ioneer's Risk Adjusted Performance of 0.0977, market risk adjusted performance of (0.45), and Downside Deviation of 10.71 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ioneer holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of -2.37, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Ioneer are expected to decrease by larger amounts. On the other hand, during market turmoil, Ioneer is expected to outperform it. Please check Ioneer's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Ioneer's current trending patterns will revert.
Auto-correlation | 0.32 |
Below average predictability
ioneer has below average predictability. Overlapping area represents the amount of predictability between Ioneer time series from 1st of November 2024 to 16th of November 2024 and 16th of November 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 ioneer price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Ioneer price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ioneer lagged returns against current returns
Autocorrelation, which is Ioneer pink sheet'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 Ioneer's pink sheet expected returns. We can calculate the autocorrelation of Ioneer returns to help us make a trade decision. For example, suppose you find that Ioneer has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Ioneer 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 Ioneer pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ioneer pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ioneer pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ioneer Lagged Returns
When evaluating Ioneer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ioneer pink sheet have on its future price. Ioneer 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, Ioneer autocorrelation shows the relationship between Ioneer pink sheet current value and its past values and can show if there is a momentum factor associated with investing in ioneer.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ioneer Pink Sheet
Ioneer financial ratios help investors to determine whether Ioneer Pink Sheet 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 Ioneer with respect to the benefits of owning Ioneer security.