Sylvania Platinum Limited Stock Market Value
| SAPLF Stock | USD 0.83 0.02 1.83% |
| Symbol | Sylvania |
Sylvania 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 Sylvania 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 Sylvania Platinum.
| 05/01/2023 |
| 04/25/2024 |
If you would invest 0.00 in Sylvania Platinum on May 1, 2023 and sell it all today you would earn a total of 0.00 from holding Sylvania Platinum Limited or generate 0.0% return on investment in Sylvania Platinum over 360 days. Sylvania Platinum is related to or competes with Gold79 Mines, and American Creek. Sylvania Platinum Limited primarily engages in the retreatment of platinum group metals bearing chrome tailings material... More
Sylvania 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 Sylvania 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 Sylvania Platinum Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 16.41 | |||
| Value At Risk | (5.97) | |||
| Potential Upside | 5.8 |
Sylvania Platinum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sylvania Platinum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sylvania Platinum's standard deviation. In reality, there are many statistical measures that can use Sylvania Platinum historical prices to predict the future Sylvania Platinum's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 0.0089 | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 0.0792 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sylvania 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.
Sylvania Platinum Backtested Returns
We consider Sylvania Platinum extremely dangerous. Sylvania Platinum owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0283, which indicates the firm had a 0.0283% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Sylvania Platinum Limited, which you can use to evaluate the volatility of the company. Please validate Sylvania Platinum's Risk Adjusted Performance of (0.01), variance of 10.88, and Coefficient Of Variation of (3,181) to confirm if the risk estimate we provide is consistent with the expected return of 0.0916%. Sylvania Platinum has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -1.44, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Sylvania Platinum are expected to decrease by larger amounts. On the other hand, during market turmoil, Sylvania Platinum is expected to outperform it. Sylvania Platinum right now has a risk of 3.23%. Please validate Sylvania Platinum potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Sylvania Platinum will be following its existing price patterns.
Auto-correlation | 0.56 |
Modest predictability
Sylvania Platinum Limited has modest predictability. Overlapping area represents the amount of predictability between Sylvania Platinum time series from 1st of May 2023 to 28th of October 2023 and 28th of October 2023 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 Sylvania Platinum price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Sylvania Platinum price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Sylvania Platinum lagged returns against current returns
Autocorrelation, which is Sylvania 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 Sylvania Platinum's otc stock expected returns. We can calculate the autocorrelation of Sylvania Platinum returns to help us make a trade decision. For example, suppose you find that Sylvania 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 |
Sylvania 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 Sylvania Platinum otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sylvania 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 Sylvania Platinum otc stock over time.
Current vs Lagged Prices |
| Timeline |
Sylvania Platinum Lagged Returns
When evaluating Sylvania Platinum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sylvania Platinum otc stock have on its future price. Sylvania 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, Sylvania Platinum autocorrelation shows the relationship between Sylvania Platinum otc stock current value and its past values and can show if there is a momentum factor associated with investing in Sylvania Platinum Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Sylvania Platinum Correlation, Sylvania Platinum Volatility and Sylvania Platinum Alpha and Beta module to complement your research on Sylvania Platinum. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Sylvania OTC Stock analysis
When running Sylvania Platinum's price analysis, check to measure Sylvania 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 Sylvania Platinum is operating at the current time. Most of Sylvania Platinum's value examination focuses on studying past and present price action to predict the probability of Sylvania 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 Sylvania Platinum's price. Additionally, you may evaluate how the addition of Sylvania Platinum to your portfolios can decrease your overall portfolio volatility.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |
Sylvania 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.