Vortex Metals Stock Market Value
| VMSSF Stock | USD 0.05 0.0001 0.19% |
| Symbol | Vortex |
Vortex Metals '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 Vortex Metals' 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 Vortex Metals.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Vortex Metals on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Vortex Metals or generate 0.0% return on investment in Vortex Metals over 30 days. Vortex Metals is related to or competes with Gold79 Mines, Arras Minerals, American Creek, and Aurania Resources. Vortex Metals Inc. engages in the exploration of copper-gold properties in Mexico More
Vortex Metals 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 Vortex Metals' 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 Vortex Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 15.6 | |||
| Information Ratio | 0.047 | |||
| Maximum Drawdown | 94.77 | |||
| Value At Risk | (23.63) | |||
| Potential Upside | 22.2 |
Vortex Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vortex Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vortex Metals' standard deviation. In reality, there are many statistical measures that can use Vortex Metals historical prices to predict the future Vortex Metals' volatility.| Risk Adjusted Performance | 0.0495 | |||
| Jensen Alpha | 0.539 | |||
| Total Risk Alpha | (1.55) | |||
| Sortino Ratio | 0.0449 | |||
| Treynor Ratio | 0.3377 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vortex Metals' 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.
Vortex Metals Backtested Returns
Vortex Metals appears to be out of control, given 3 months investment horizon. Vortex Metals owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0435, which indicates the firm had a 0.0435% return per unit of risk over the last 3 months. By inspecting Vortex Metals' technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please review Vortex Metals' Coefficient Of Variation of 1807.93, semi deviation of 11.9, and Risk Adjusted Performance of 0.0495 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Vortex Metals holds a performance score of 3. The entity has a beta of 2.41, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Vortex Metals will likely underperform. Please check Vortex Metals' downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether Vortex Metals' existing price patterns will revert.
Auto-correlation | 0.20 |
Weak predictability
Vortex Metals has weak predictability. Overlapping area represents the amount of predictability between Vortex Metals time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Vortex Metals price movement. The serial correlation of 0.2 indicates that over 20.0% of current Vortex Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vortex Metals lagged returns against current returns
Autocorrelation, which is Vortex Metals 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 Vortex Metals' otc stock expected returns. We can calculate the autocorrelation of Vortex Metals returns to help us make a trade decision. For example, suppose you find that Vortex Metals 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 |
Vortex Metals 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 Vortex Metals otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vortex Metals otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vortex Metals otc stock over time.
Current vs Lagged Prices |
| Timeline |
Vortex Metals Lagged Returns
When evaluating Vortex Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vortex Metals otc stock have on its future price. Vortex Metals 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, Vortex Metals autocorrelation shows the relationship between Vortex Metals otc stock current value and its past values and can show if there is a momentum factor associated with investing in Vortex Metals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Vortex OTC Stock
Vortex Metals financial ratios help investors to determine whether Vortex 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 Vortex with respect to the benefits of owning Vortex Metals security.