Silvercorp Metals Stock Market Value
| SVM Stock | USD 4.68 0.04 0.85% |
| Symbol | Silvercorp |
Silvercorp Metals Price To Book Ratio
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Silvercorp Metals. If investors know Silvercorp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Silvercorp Metals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.4 | Dividend Share 0.025 | Earnings Share 0.27 | Revenue Per Share 1.283 | Quarterly Revenue Growth 0.203 |
The market value of Silvercorp Metals is measured differently than its book value, which is the value of Silvercorp that is recorded on the company's balance sheet. Investors also form their own opinion of Silvercorp Metals' value that differs from its market value or its book value, called intrinsic value, which is Silvercorp Metals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Silvercorp Metals' market value can be influenced by many factors that don't directly affect Silvercorp Metals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Silvercorp Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Silvercorp Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silvercorp Metals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Silvercorp Metals '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 Silvercorp Metals' 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 Silvercorp Metals.
| 07/29/2024 |
| 10/27/2024 |
If you would invest 0.00 in Silvercorp Metals on July 29, 2024 and sell it all today you would earn a total of 0.00 from holding Silvercorp Metals or generate 0.0% return on investment in Silvercorp Metals over 90 days. Silvercorp Metals is related to or competes with Endeavour Silver, Fortuna Silver, Pan American, First Majestic, and Hecla Mining. Silvercorp Metals Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and mining... More
Silvercorp Metals 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 Silvercorp Metals' 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 Silvercorp Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.3 | |||
| Information Ratio | 0.0956 | |||
| Maximum Drawdown | 16.17 | |||
| Value At Risk | (5.82) | |||
| Potential Upside | 7.43 |
Silvercorp Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silvercorp Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Silvercorp Metals' standard deviation. In reality, there are many statistical measures that can use Silvercorp Metals historical prices to predict the future Silvercorp Metals' volatility.| Risk Adjusted Performance | 0.1007 | |||
| Jensen Alpha | 0.2907 | |||
| Total Risk Alpha | 0.0802 | |||
| Sortino Ratio | 0.1063 | |||
| Treynor Ratio | 0.2336 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Silvercorp Metals' 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.
Silvercorp Metals Backtested Returns
Silvercorp Metals appears to be moderately volatile, given 3 months investment horizon. Silvercorp Metals owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Silvercorp Metals, which you can use to evaluate the volatility of the company. Please review Silvercorp Metals' Semi Deviation of 2.88, coefficient of variation of 844.74, and Risk Adjusted Performance of 0.1007 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Silvercorp Metals holds a performance score of 9. The entity has a beta of 1.82, which indicates 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, Silvercorp Metals will likely underperform. Please check Silvercorp Metals' value at risk, as well as the relationship between the kurtosis and market facilitation index , to make a quick decision on whether Silvercorp Metals' existing price patterns will revert.
Auto-correlation | 0.26 |
Poor predictability
Silvercorp Metals has poor predictability. Overlapping area represents the amount of predictability between Silvercorp Metals time series from 29th of July 2024 to 12th of September 2024 and 12th of September 2024 to 27th of October 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 Silvercorp Metals price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Silvercorp Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Silvercorp Metals lagged returns against current returns
Autocorrelation, which is Silvercorp Metals 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 Silvercorp Metals' stock expected returns. We can calculate the autocorrelation of Silvercorp Metals returns to help us make a trade decision. For example, suppose you find that Silvercorp Metals 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 |
Silvercorp Metals 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 Silvercorp Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Silvercorp Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Silvercorp Metals stock over time.
Current vs Lagged Prices |
| Timeline |
Silvercorp Metals Lagged Returns
When evaluating Silvercorp Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Silvercorp Metals stock have on its future price. Silvercorp Metals 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, Silvercorp Metals autocorrelation shows the relationship between Silvercorp Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Silvercorp Metals.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Silvercorp Metals Correlation, Silvercorp Metals Volatility and Silvercorp Metals Alpha and Beta module to complement your research on Silvercorp Metals. To learn how to invest in Silvercorp Stock, please use our How to Invest in Silvercorp Metals guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Silvercorp Metals 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.