Hecla Mining Backtesting

Hecla Mining Company -- USA Stock  

USD 3.56  0.09  2.47%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Hecla Mining Company and determine expected loss or profit from investing in Hecla Mining over given investment horizon. Please also check Hecla Mining Hype Analysis, Hecla Mining Correlation, Hecla Mining Valuation, Hecla Mining Volatility as well as analyze Hecla Mining Alpha and Beta and Hecla Mining Performance
 Time Horizon     30 Days    Login   to change

Hecla Mining 'What if' Analysis

February 22, 2018
No Change 0.00  0.0%
In 30 days
March 24, 2018
If you would invest  0.00  in Hecla Mining on February 22, 2018 and sell it all today you would earn a total of 0.00 from holding Hecla Mining Company or generate 0.0% return on investment in Hecla Mining over 30 days. Hecla Mining is related to or competes with Vale S, Dynaresource, and Emerge Energy. Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, and produces precious and base meta...

Hecla Mining Upside/Downside Indicators


Hecla Mining Market Premium Indicators

Hecla Mining lagged returns against current returns

 Current and Lagged Values 

Hecla Mining regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Hecla Mining Backtested Returns

Macroaxis considers Hecla Mining to be extremely risky. Hecla Mining holds Efficiency (Sharpe) Ratio of -0.0023 which attests that Hecla Mining had -0.0023% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Hecla Mining exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Hecla Mining Market Risk Adjusted Performance of 0.034385 and Risk Adjusted Performance of 0.0053 to validate risk estimate we provide. Macroaxis gives Hecla Mining performance score of 0 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 0.4497 which attests that as returns on market increase, Hecla Mining returns are expected to increase less than the market. However during bear market, the loss on holding Hecla Mining will be expected to be smaller as well.. Even though it is essential to pay attention to Hecla Mining current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Hecla Mining exposes twenty-one different technical indicators which can help you to evaluate its performance. Hecla Mining has expected return of -0.01%. Please be advised to check out Hecla Mining Jensen Alpha, and the relationship between Coefficient Of Variation and Potential Upside to decide if Hecla Mining past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.04 

Virtually no predictability

Hecla Mining Company has virtually no predictability. Overlapping area represents the amount of predictability between Hecla Mining time series from February 22, 2018 to March 9, 2018 and March 9, 2018 to March 24, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hecla Mining price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Hecla Mining price fluctuation can be explain by its past prices.
Correlation Coefficient 0.04
Spearman Rank Test -0.16
Price Variance 0.06
Lagged Price Variance 0.01

Hecla Mining Lagged Returns

 Regressed Prices 

Hecla Mining Performance vs DOW

The median price of Hecla Mining for the period between Thu, Feb 22, 2018 and Sat, Mar 24, 2018 is 3.79 with a coefficient of variation of 5.13. The daily time series for the period is distributed with a sample standard deviation of 0.19, arithmetic mean of 3.74, and mean deviation of 0.14. The Stock received some media coverage during the period.
March 5, 2018Hecla Mining Dividend Paid
 Price Growth (%)  
Can A Similar Series of Events Expected At Hecla Mining Comp...03/23/2018