Alien Metals Stock Market Value
| ASLRF Stock | USD 0 0 91.67% |
| Symbol | Alien |
Alien 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 Alien Metals' pink sheet 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 Alien Metals.
| 12/21/2023 |
| 12/15/2024 |
If you would invest 0.00 in Alien Metals on December 21, 2023 and sell it all today you would earn a total of 0.00 from holding Alien Metals or generate 0.0% return on investment in Alien Metals over 360 days. Alien Metals is related to or competes with Gold79 Mines, Arras Minerals, American Creek, and Aurania Resources. Alien Metals Ltd, together with its subsidiaries, engages in the acquisition and development of mineral resource assets More
Alien 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 Alien Metals' pink sheet 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 Alien Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 57.63 | |||
| Information Ratio | 0.1329 | |||
| Maximum Drawdown | 2179.07 | |||
| Value At Risk | (61.54) | |||
| Potential Upside | 55.56 |
Alien Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alien Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alien Metals' standard deviation. In reality, there are many statistical measures that can use Alien Metals historical prices to predict the future Alien Metals' volatility.| Risk Adjusted Performance | 0.1066 | |||
| Jensen Alpha | 30.98 | |||
| Total Risk Alpha | 2.34 | |||
| Sortino Ratio | 0.6044 | |||
| Treynor Ratio | 0.7976 |
Alien Metals Backtested Returns
Alien Metals is out of control given 3 months investment horizon. Alien Metals secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We were able to interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 18.27% are justified by taking the suggested risk. Use Alien Metals Downside Deviation of 57.63, risk adjusted performance of 0.1066, and Mean Deviation of 73.43 to evaluate company specific risk that cannot be diversified away. Alien Metals holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 43.79, which signifies 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, Alien Metals will likely underperform. Use Alien Metals semi variance, day typical price, and the relationship between the maximum drawdown and accumulation distribution , to analyze future returns on Alien Metals.
Auto-correlation | -0.25 |
Weak reverse predictability
Alien Metals has weak reverse predictability. Overlapping area represents the amount of predictability between Alien Metals time series from 21st of December 2023 to 18th of June 2024 and 18th of June 2024 to 15th of December 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 Alien Metals price movement. The serial correlation of -0.25 indicates that over 25.0% of current Alien Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Alien Metals lagged returns against current returns
Autocorrelation, which is Alien Metals pink sheet'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 Alien Metals' pink sheet expected returns. We can calculate the autocorrelation of Alien Metals returns to help us make a trade decision. For example, suppose you find that Alien Metals has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Alien 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 Alien Metals pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alien Metals pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alien Metals pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Alien Metals Lagged Returns
When evaluating Alien Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alien Metals pink sheet have on its future price. Alien 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, Alien Metals autocorrelation shows the relationship between Alien Metals pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Alien Metals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Alien Pink Sheet
Alien Metals financial ratios help investors to determine whether Alien Pink Sheet 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 Alien with respect to the benefits of owning Alien Metals security.