Sylvania Platinum Limited Stock Market Value
| SAPLF Stock | USD 0.57 0.02 3.64% |
| Symbol | Sylvania |
Sylvania Platinum '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 Sylvania Platinum'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 Sylvania Platinum.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Sylvania Platinum on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Sylvania Platinum Limited or generate 0.0% return on investment in Sylvania Platinum over 720 days. Sylvania Platinum is related to or competes with Petra Diamonds. Sylvania Platinum Limited primarily engages in the retreatment of platinum group metals bearing chrome tailings material... More
Sylvania Platinum 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 Sylvania Platinum'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 Sylvania Platinum Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 15.11 | |||
| Value At Risk | (7.35) | |||
| Potential Upside | 3.64 |
Sylvania Platinum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sylvania Platinum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sylvania Platinum's standard deviation. In reality, there are many statistical measures that can use Sylvania Platinum historical prices to predict the future Sylvania Platinum's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.80) | |||
| Treynor Ratio | 9.31 |
Sylvania Platinum Backtested Returns
Sylvania Platinum owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0858, which indicates the firm had a -0.0858% return per unit of risk over the last 3 months. Sylvania Platinum Limited exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sylvania Platinum's Coefficient Of Variation of (1,238), risk adjusted performance of (0.05), and Variance of 10.27 to confirm the risk estimate we provide. The entity has a beta of -0.0289, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sylvania Platinum are expected to decrease at a much lower rate. During the bear market, Sylvania Platinum is likely to outperform the market. At this point, Sylvania Platinum has a negative expected return of -0.28%. Please make sure to validate Sylvania Platinum's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Sylvania Platinum performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.32 |
Below average predictability
Sylvania Platinum Limited has below average predictability. Overlapping area represents the amount of predictability between Sylvania Platinum time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Sylvania Platinum price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Sylvania Platinum price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Sylvania Platinum lagged returns against current returns
Autocorrelation, which is Sylvania Platinum 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 Sylvania Platinum's otc stock expected returns. We can calculate the autocorrelation of Sylvania Platinum returns to help us make a trade decision. For example, suppose you find that Sylvania Platinum 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 |
| Timeline |
Sylvania Platinum 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 Sylvania Platinum otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sylvania Platinum otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sylvania Platinum otc stock over time.
Current vs Lagged Prices |
| Timeline |
Sylvania Platinum Lagged Returns
When evaluating Sylvania Platinum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sylvania Platinum otc stock have on its future price. Sylvania Platinum 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, Sylvania Platinum autocorrelation shows the relationship between Sylvania Platinum otc stock current value and its past values and can show if there is a momentum factor associated with investing in Sylvania Platinum Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sylvania OTC Stock
Sylvania Platinum financial ratios help investors to determine whether Sylvania 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 Sylvania with respect to the benefits of owning Sylvania Platinum security.