Reyna Silver Corp Stock Market Value
| RSNVF Stock | USD 0.08 0 3.66% |
| Symbol | Reyna |
Reyna Silver Corp '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 Reyna Silver Corp'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 Reyna Silver Corp.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in Reyna Silver Corp on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding Reyna Silver Corp or generate 0.0% return on investment in Reyna Silver Corp over 180 days. Reyna Silver Corp is related to or competes with Bald Eagle, Arizona Silver, Silver One, Discovery Metals, Dolly Varden, Guanajuato Silver, and Kootenay Silver. Reyna Silver Corp. operates as a silver exploration company in Mexico More
Reyna Silver Corp 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 Reyna Silver Corp'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 Reyna Silver Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 29.09 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 9.09 |
Reyna Silver Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reyna Silver Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Reyna Silver Corp's standard deviation. In reality, there are many statistical measures that can use Reyna Silver Corp historical prices to predict the future Reyna Silver Corp's volatility.| Risk Adjusted Performance | 0.0041 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.92) | |||
| Treynor Ratio | (0.65) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Reyna Silver Corp'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.
Reyna Silver Corp Backtested Returns
At this point, Reyna Silver Corp is out of control. Reyna Silver Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0206, which implies the firm had a 0.0206% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Reyna Silver Corp, which you can use to evaluate the volatility of the company. Please check Reyna Silver Corp's Risk Adjusted Performance of 0.0041, coefficient of variation of (16,557), and Variance of 33.67 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Reyna Silver Corp has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 0.069, which implies not very significant fluctuations relative to the market. As returns on the market increase, Reyna Silver Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Reyna Silver Corp is expected to be smaller as well. Reyna Silver Corp right now holds a risk of 5.72%. Please check Reyna Silver Corp skewness, day median price, as well as the relationship between the Day Median Price and relative strength index , to decide if Reyna Silver Corp will be following its historical price patterns.
Auto-correlation | -0.47 |
Modest reverse predictability
Reyna Silver Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Reyna Silver Corp time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 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 Reyna Silver Corp price movement. The serial correlation of -0.47 indicates that about 47.0% of current Reyna Silver Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Reyna Silver Corp lagged returns against current returns
Autocorrelation, which is Reyna Silver Corp 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 Reyna Silver Corp's otc stock expected returns. We can calculate the autocorrelation of Reyna Silver Corp returns to help us make a trade decision. For example, suppose you find that Reyna Silver Corp 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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Reyna Silver Corp 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 Reyna Silver Corp otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Reyna Silver Corp otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Reyna Silver Corp otc stock over time.
Current vs Lagged Prices |
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Reyna Silver Corp Lagged Returns
When evaluating Reyna Silver Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Reyna Silver Corp otc stock have on its future price. Reyna Silver Corp 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, Reyna Silver Corp autocorrelation shows the relationship between Reyna Silver Corp otc stock current value and its past values and can show if there is a momentum factor associated with investing in Reyna Silver Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Reyna OTC Stock
Reyna Silver Corp financial ratios help investors to determine whether Reyna 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 Reyna with respect to the benefits of owning Reyna Silver Corp security.