# Fireweed Zinc Stock Market Value

FWEDF Stock | USD 0.82 0.01 1.20% |

**0.82**as of the 14th of August 2024. This is a

**1.2 percent decrease**since the beginning of the trading day. The stock's lowest day price was

**0.82**. With this module, you can estimate the performance of a buy and hold strategy of Fireweed Zinc and determine expected loss or profit from investing in Fireweed Zinc over a given investment horizon. Check out Fireweed Zinc Correlation, Fireweed Zinc Volatility and Fireweed Zinc Alpha and Beta module to complement your research on Fireweed Zinc.

Symbol | Fireweed |

## Fireweed Zinc '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 Fireweed Zinc'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 Fireweed Zinc.

07/15/2024 |
| 08/14/2024 |

If you would invest

**0.00**in Fireweed Zinc on**July 15, 2024**and sell it all today you would**earn a total of 0.00**from holding Fireweed Zinc or generate**0.0%**return on investment in Fireweed Zinc over**30**days. Fireweed Zinc is related to or competes with MicroAlgo, Bayview Acquisition, Malaga Financial, Knife River, Coca Cola, Capital Income, and First Trust. Fireweed Metals Corp. acquires, explores for, and develops mineral properties in Canada More## Fireweed Zinc 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 Fireweed Zinc'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 Fireweed Zinc upside and downside potential and time the market with a certain degree of confidence.

Downside Deviation | 3.46 | |||

Information Ratio | (0.0004) | |||

Maximum Drawdown | 21.75 | |||

Value At Risk | (5.68) | |||

Potential Upside | 7.5 |

## Fireweed Zinc Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fireweed Zinc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fireweed Zinc's standard deviation. In reality, there are many statistical measures that can use Fireweed Zinc historical prices to predict the future Fireweed Zinc's volatility.Risk Adjusted Performance | 0.0112 | |||

Jensen Alpha | 0.0042 | |||

Total Risk Alpha | (0.03) | |||

Sortino Ratio | (0.0005) | |||

Treynor Ratio | 0.0262 |

Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fireweed Zinc'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.

## Fireweed Zinc Backtested Returns

At this point, Fireweed Zinc is extremely dangerous. Fireweed Zinc secures Sharpe Ratio (or Efficiency) of 0.0191, which denotes the company had a 0.0191% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fireweed Zinc, which you can use to evaluate the volatility of the firm. Please confirm Fireweed Zinc's Downside Deviation of 3.46, coefficient of variation of 24021.27, and Mean Deviation of 2.62 to check if the risk estimate we provide is consistent with the expected return of 0.0757%. Fireweed Zinc has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of

**0.22**, which means not very significant fluctuations relative to the market. As returns on the market increase, Fireweed Zinc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fireweed Zinc is expected to be smaller as well. Fireweed Zinc right now shows a risk of 3.96%. Please confirm Fireweed Zinc expected short fall, day typical price, and the relationship between the potential upside and daily balance of power , to decide if Fireweed Zinc will be following its price patterns.## Auto-correlation | 0.50 |

### Modest predictability

Fireweed Zinc has modest predictability. Overlapping area represents the amount of predictability between Fireweed Zinc time series from 15th of July 2024 to 30th of July 2024 and 30th of July 2024 to 14th of August 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 Fireweed Zinc price movement. The serial correlation of

**0.5**indicates that about 50.0% of current Fireweed Zinc price fluctuation can be explain by its past prices.Correlation Coefficient | 0.5 | |

Spearman Rank Test | 0.65 | |

Residual Average | 0.0 | |

Price Variance | 0.0 |

## Fireweed Zinc lagged returns against current returns

Autocorrelation, which is Fireweed Zinc 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 Fireweed Zinc's otc stock expected returns. We can calculate the autocorrelation of Fireweed Zinc returns to help us make a trade decision. For example, suppose you find that Fireweed Zinc 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 |

## Fireweed Zinc 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 Fireweed Zinc otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fireweed Zinc otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fireweed Zinc otc stock over time.

Current vs Lagged Prices |

Timeline |

## Fireweed Zinc Lagged Returns

When evaluating Fireweed Zinc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fireweed Zinc otc stock have on its future price. Fireweed Zinc 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, Fireweed Zinc autocorrelation shows the relationship between Fireweed Zinc otc stock current value and its past values and can show if there is a momentum factor associated with investing in Fireweed Zinc.

Regressed Prices |

Timeline |

## Currently Active Assets on Macroaxis

## Other Information on Investing in Fireweed OTC Stock

Fireweed Zinc financial ratios help investors to determine whether Fireweed 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 Fireweed with respect to the benefits of owning Fireweed Zinc security.