Surge Battery Metals Stock Market Value
| NILIF Stock | USD 0.24 0.01 4.00% |
| Symbol | Surge |
Surge Battery '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 Surge Battery'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 Surge Battery.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in Surge Battery on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding Surge Battery Metals or generate 0.0% return on investment in Surge Battery over 30 days. Surge Battery is related to or competes with Critical Elements, Lithium Ionic, Oroco Resource, Alpha Copper, American Rare, Hannan Metals, and Patriot Battery. Surge Battery Metals Inc., an exploration stage company, engages in the acquisition, exploration, and development of min... More
Surge Battery 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 Surge Battery'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 Surge Battery Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.5 | |||
| Information Ratio | 0.0157 | |||
| Maximum Drawdown | 19.1 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 9.68 |
Surge Battery Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Surge Battery's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Surge Battery's standard deviation. In reality, there are many statistical measures that can use Surge Battery historical prices to predict the future Surge Battery's volatility.| Risk Adjusted Performance | 0.0349 | |||
| Jensen Alpha | 0.1034 | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | 0.0169 | |||
| Treynor Ratio | 0.2388 |
Surge Battery Metals Backtested Returns
At this point, Surge Battery is out of control. Surge Battery Metals owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0369, which indicates the firm had a 0.0369% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Surge Battery Metals, which you can use to evaluate the volatility of the company. Please validate Surge Battery's Semi Deviation of 3.12, risk adjusted performance of 0.0349, and Coefficient Of Variation of 2742.9 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. Surge Battery has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.7, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Surge Battery's returns are expected to increase less than the market. However, during the bear market, the loss of holding Surge Battery is expected to be smaller as well. Surge Battery Metals right now has a risk of 4.84%. Please validate Surge Battery value at risk and the relationship between the expected short fall and market facilitation index , to decide if Surge Battery will be following its existing price patterns.
Auto-correlation | 0.69 |
Good predictability
Surge Battery Metals has good predictability. Overlapping area represents the amount of predictability between Surge Battery time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 Surge Battery Metals price movement. The serial correlation of 0.69 indicates that around 69.0% of current Surge Battery price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Surge Battery Metals lagged returns against current returns
Autocorrelation, which is Surge Battery 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 Surge Battery's pink sheet expected returns. We can calculate the autocorrelation of Surge Battery returns to help us make a trade decision. For example, suppose you find that Surge Battery 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 |
Surge Battery 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 Surge Battery pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Surge Battery pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Surge Battery pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Surge Battery Lagged Returns
When evaluating Surge Battery's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Surge Battery pink sheet have on its future price. Surge Battery 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, Surge Battery autocorrelation shows the relationship between Surge Battery pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Surge Battery Metals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Surge Pink Sheet
Surge Battery financial ratios help investors to determine whether Surge 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 Surge with respect to the benefits of owning Surge Battery security.