Silver Dollar Resources Stock Market Value
| SLVDF Stock | USD 0.24 0.01 4.00% |
| Symbol | Silver |
Silver Dollar '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 Silver Dollar'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 Silver Dollar.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Silver Dollar on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Silver Dollar Resources or generate 0.0% return on investment in Silver Dollar over 30 days. Silver Dollar is related to or competes with Liontown Resources, ATT, Merck, Disney, Caterpillar, Procter Gamble, and JPMorgan Chase. Silver Dollar Resources Inc., an exploration stage company, engages in the acquisition and exploration of mineral proper... More
Silver Dollar 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 Silver Dollar'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 Silver Dollar Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.38 | |||
| Information Ratio | 0.0416 | |||
| Maximum Drawdown | 27.27 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 10.34 |
Silver Dollar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silver Dollar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Silver Dollar's standard deviation. In reality, there are many statistical measures that can use Silver Dollar historical prices to predict the future Silver Dollar's volatility.| Risk Adjusted Performance | 0.0569 | |||
| Jensen Alpha | 0.3369 | |||
| Total Risk Alpha | (0.53) | |||
| Sortino Ratio | 0.0384 | |||
| Treynor Ratio | 1.76 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Silver Dollar'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.
Silver Dollar Resources Backtested Returns
Silver Dollar appears to be out of control, given 3 months investment horizon. Silver Dollar Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0777, which indicates the firm had a 0.0777% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Silver Dollar Resources, which you can use to evaluate the volatility of the company. Please review Silver Dollar's Coefficient Of Variation of 1589.85, risk adjusted performance of 0.0569, and Semi Deviation of 4.63 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Silver Dollar holds a performance score of 6. The entity has a beta of 0.2, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Silver Dollar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Silver Dollar is expected to be smaller as well. Please check Silver Dollar's treynor ratio and the relationship between the downside variance and day typical price , to make a quick decision on whether Silver Dollar's existing price patterns will revert.
Auto-correlation | -0.01 |
Very weak reverse predictability
Silver Dollar Resources has very weak reverse predictability. Overlapping area represents the amount of predictability between Silver Dollar 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 Silver Dollar Resources price movement. The serial correlation of -0.01 indicates that just 1.0% of current Silver Dollar price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Silver Dollar Resources lagged returns against current returns
Autocorrelation, which is Silver Dollar 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 Silver Dollar's otc stock expected returns. We can calculate the autocorrelation of Silver Dollar returns to help us make a trade decision. For example, suppose you find that Silver Dollar 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 |
Silver Dollar 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 Silver Dollar otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Silver Dollar otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Silver Dollar otc stock over time.
Current vs Lagged Prices |
| Timeline |
Silver Dollar Lagged Returns
When evaluating Silver Dollar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Silver Dollar otc stock have on its future price. Silver Dollar 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, Silver Dollar autocorrelation shows the relationship between Silver Dollar otc stock current value and its past values and can show if there is a momentum factor associated with investing in Silver Dollar Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Silver OTC Stock
Silver Dollar financial ratios help investors to determine whether Silver 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 Silver with respect to the benefits of owning Silver Dollar security.