Vulcan Minerals Stock Market Value
| VUL Stock | CAD 0.12 0.00 0.00% |
| Symbol | Vulcan |
Vulcan Minerals Price To Book Ratio
Vulcan Minerals '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 Vulcan Minerals' 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 Vulcan Minerals.
| 12/30/2023 |
| 12/24/2024 |
If you would invest 0.00 in Vulcan Minerals on December 30, 2023 and sell it all today you would earn a total of 0.00 from holding Vulcan Minerals or generate 0.0% return on investment in Vulcan Minerals over 360 days. Vulcan Minerals is related to or competes with Outcrop Gold, and Grande Portage. Vulcan Minerals Inc., a mineral exploration company, acquires, evaluates, and explores for mineral properties in Newfoun... More
Vulcan Minerals 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 Vulcan Minerals' 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 Vulcan Minerals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 16.67 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 8.33 |
Vulcan Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vulcan Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vulcan Minerals' standard deviation. In reality, there are many statistical measures that can use Vulcan Minerals historical prices to predict the future Vulcan Minerals' volatility.| Risk Adjusted Performance | (0.00000109) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.12) |
Vulcan Minerals Backtested Returns
Vulcan Minerals owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0137, which indicates the firm had a -0.0137% return per unit of risk over the last 3 months. Vulcan Minerals exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vulcan Minerals' Risk Adjusted Performance of (0.00000109), variance of 16.31, and Coefficient Of Variation of (9,856) to confirm the risk estimate we provide. The entity has a beta of 0.44, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vulcan Minerals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Vulcan Minerals is expected to be smaller as well. At this point, Vulcan Minerals has a negative expected return of -0.0531%. Please make sure to validate Vulcan Minerals' information ratio, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Vulcan Minerals performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.15 |
Insignificant predictability
Vulcan Minerals has insignificant predictability. Overlapping area represents the amount of predictability between Vulcan Minerals time series from 30th of December 2023 to 27th of June 2024 and 27th of June 2024 to 24th 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 Vulcan Minerals price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Vulcan Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vulcan Minerals lagged returns against current returns
Autocorrelation, which is Vulcan Minerals 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 Vulcan Minerals' stock expected returns. We can calculate the autocorrelation of Vulcan Minerals returns to help us make a trade decision. For example, suppose you find that Vulcan Minerals has exhibited high autocorrelation historically, and you observe that the 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 |
Vulcan Minerals 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 Vulcan Minerals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vulcan Minerals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vulcan Minerals stock over time.
Current vs Lagged Prices |
| Timeline |
Vulcan Minerals Lagged Returns
When evaluating Vulcan Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vulcan Minerals stock have on its future price. Vulcan Minerals 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, Vulcan Minerals autocorrelation shows the relationship between Vulcan Minerals stock current value and its past values and can show if there is a momentum factor associated with investing in Vulcan Minerals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Vulcan Stock Analysis
When running Vulcan Minerals' price analysis, check to measure Vulcan Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vulcan Minerals is operating at the current time. Most of Vulcan Minerals' value examination focuses on studying past and present price action to predict the probability of Vulcan Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vulcan Minerals' price. Additionally, you may evaluate how the addition of Vulcan Minerals to your portfolios can decrease your overall portfolio volatility.