Pacific Imperial Mines Stock Market Value
| PPM Stock | CAD 0.02 0.01 20.00% |
| Symbol | Pacific |
Pacific Imperial '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 Pacific Imperial's 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 Pacific Imperial.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Pacific Imperial on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Pacific Imperial Mines or generate 0.0% return on investment in Pacific Imperial over 30 days. Pacific Imperial is related to or competes with Firan Technology, Ocumetics Technology, Rogers Communications, HPQ Silicon, Richelieu Hardware, and Nano One. Pacific Imperial Mines Inc. engages in the identification, evaluation, acquisition, exploration, and development of mine... More
Pacific Imperial 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 Pacific Imperial's 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 Pacific Imperial Mines upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0934 | |||
| Maximum Drawdown | 125.0 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 33.33 |
Pacific Imperial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacific Imperial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pacific Imperial's standard deviation. In reality, there are many statistical measures that can use Pacific Imperial historical prices to predict the future Pacific Imperial's volatility.| Risk Adjusted Performance | 0.0711 | |||
| Jensen Alpha | 1.51 | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | 0.6871 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pacific Imperial'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.
Pacific Imperial Mines Backtested Returns
Pacific Imperial is out of control given 3 months investment horizon. Pacific Imperial Mines maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the firm had a 0.1% return per unit of risk over the last 3 months. We were able to interpolate twenty-two different technical indicators, which can help you to evaluate if expected returns of 1.83% are justified by taking the suggested risk. Use Pacific Imperial Variance of 304.44, risk adjusted performance of 0.0711, and Coefficient Of Variation of 1016.1 to evaluate company specific risk that cannot be diversified away. Pacific Imperial holds a performance score of 7 on a scale of zero to a hundred. The company holds a Beta of 2.48, which implies 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, Pacific Imperial will likely underperform. Use Pacific Imperial jensen alpha and the relationship between the potential upside and period momentum indicator , to analyze future returns on Pacific Imperial.
Auto-correlation | 0.29 |
Poor predictability
Pacific Imperial Mines has poor predictability. Overlapping area represents the amount of predictability between Pacific Imperial time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th 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 Pacific Imperial Mines price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Pacific Imperial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pacific Imperial Mines lagged returns against current returns
Autocorrelation, which is Pacific Imperial 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 Pacific Imperial's stock expected returns. We can calculate the autocorrelation of Pacific Imperial returns to help us make a trade decision. For example, suppose you find that Pacific Imperial 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 |
Pacific Imperial 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 Pacific Imperial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pacific Imperial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pacific Imperial stock over time.
Current vs Lagged Prices |
| Timeline |
Pacific Imperial Lagged Returns
When evaluating Pacific Imperial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pacific Imperial stock have on its future price. Pacific Imperial 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, Pacific Imperial autocorrelation shows the relationship between Pacific Imperial stock current value and its past values and can show if there is a momentum factor associated with investing in Pacific Imperial Mines.
Regressed Prices |
| Timeline |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Pacific Imperial Mines using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Pacific Imperial Correlation, Pacific Imperial Volatility and Pacific Imperial Alpha and Beta module to complement your research on Pacific Imperial. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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When running Pacific Imperial's price analysis, check to measure Pacific Imperial'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 Pacific Imperial is operating at the current time. Most of Pacific Imperial's value examination focuses on studying past and present price action to predict the probability of Pacific Imperial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pacific Imperial's price. Additionally, you may evaluate how the addition of Pacific Imperial to your portfolios can decrease your overall portfolio volatility.
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Pacific Imperial technical 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, stock market cycles, or different charting patterns.