Impala Platinum Holdings Stock Market Value
| IMPUF Stock | USD 4.60 0.10 2.13% |
| Symbol | Impala |
Impala Platinum '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 Impala Platinum'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 Impala Platinum.
| 02/26/2024 |
| 04/26/2024 |
If you would invest 0.00 in Impala Platinum on February 26, 2024 and sell it all today you would earn a total of 0.00 from holding Impala Platinum Holdings or generate 0.0% return on investment in Impala Platinum over 60 days. Impala Platinum is related to or competes with Gold79 Mines, and American Creek. Impala Platinum Holdings Limited engages in the mining, processing, refining, and marketing platinum group metals More
Impala Platinum 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 Impala Platinum'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 Impala Platinum Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.32 | |||
| Information Ratio | 0.0702 | |||
| Maximum Drawdown | 27.64 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 6.61 |
Impala Platinum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Impala Platinum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Impala Platinum's standard deviation. In reality, there are many statistical measures that can use Impala Platinum historical prices to predict the future Impala Platinum's volatility.| Risk Adjusted Performance | 0.0661 | |||
| Jensen Alpha | 0.3007 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0333 | |||
| Treynor Ratio | 0.5117 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Impala Platinum'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.
Impala Platinum Holdings Backtested Returns
Impala Platinum appears to be unstable, given 3 months investment horizon. Impala Platinum Holdings holds Efficiency (Sharpe) Ratio of 0.0962, which attests that the entity had a 0.0962% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Impala Platinum Holdings, which you can use to evaluate the volatility of the firm. Please utilize Impala Platinum's Downside Deviation of 8.32, risk adjusted performance of 0.0661, and Market Risk Adjusted Performance of 0.5217 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Impala Platinum holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 0.69, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Impala Platinum's returns are expected to increase less than the market. However, during the bear market, the loss of holding Impala Platinum is expected to be smaller as well. Please check Impala Platinum's maximum drawdown, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether Impala Platinum's current trending patterns will revert.
Auto-correlation | 0.29 |
Poor predictability
Impala Platinum Holdings has poor predictability. Overlapping area represents the amount of predictability between Impala Platinum time series from 26th of February 2024 to 27th of March 2024 and 27th of March 2024 to 26th of April 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 Impala Platinum Holdings price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Impala Platinum price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Impala Platinum Holdings lagged returns against current returns
Autocorrelation, which is Impala Platinum 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 Impala Platinum's otc stock expected returns. We can calculate the autocorrelation of Impala Platinum returns to help us make a trade decision. For example, suppose you find that Impala Platinum 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 |
Impala Platinum 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 Impala Platinum otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Impala Platinum otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Impala Platinum otc stock over time.
Current vs Lagged Prices |
| Timeline |
Impala Platinum Lagged Returns
When evaluating Impala Platinum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Impala Platinum otc stock have on its future price. Impala Platinum 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, Impala Platinum autocorrelation shows the relationship between Impala Platinum otc stock current value and its past values and can show if there is a momentum factor associated with investing in Impala Platinum Holdings.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Impala Platinum in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Impala Platinum's short interest history, or implied volatility extrapolated from Impala Platinum options trading.
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Complementary Tools for Impala OTC Stock analysis
When running Impala Platinum's price analysis, check to measure Impala Platinum's 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 Impala Platinum is operating at the current time. Most of Impala Platinum's value examination focuses on studying past and present price action to predict the probability of Impala Platinum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Impala Platinum's price. Additionally, you may evaluate how the addition of Impala Platinum to your portfolios can decrease your overall portfolio volatility.
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Impala Platinum technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.