Chester Mining Stock Market Value
| CHMN Stock | USD 0.0001 0.0001 50.00% |
| Symbol | Chester |
Chester Mining '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 Chester Mining's 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 Chester Mining.
| 05/25/2025 |
| 08/23/2025 |
If you would invest 0.00 in Chester Mining on May 25, 2025 and sell it all today you would earn a total of 0.00 from holding Chester Mining or generate 0.0% return on investment in Chester Mining over 90 days. Chester Mining is related to or competes with Silver One, Bald Eagle, Discovery Metals, IMPACT Silver, Blackrock Silver, Cassiar Gold, and Aftermath Silver. Chester Mining Company operates as a mineral exploration company More
Chester Mining 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 Chester Mining's 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 Chester Mining upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 50.0 |
Chester Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chester Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chester Mining's standard deviation. In reality, there are many statistical measures that can use Chester Mining historical prices to predict the future Chester Mining's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.77) | |||
| Total Risk Alpha | (1.55) | |||
| Treynor Ratio | (20.47) |
Chester Mining Backtested Returns
Chester Mining secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13 % return per unit of standard deviation over the last 3 months. Chester Mining exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chester Mining's risk adjusted performance of (0.08), and Mean Deviation of 1.49 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0375, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Chester Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Chester Mining is expected to be smaller as well. At this point, Chester Mining has a negative expected return of -0.81%. Please make sure to confirm Chester Mining's information ratio, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Chester Mining performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Chester Mining has no correlation between past and present. Overlapping area represents the amount of predictability between Chester Mining time series from 25th of May 2025 to 9th of July 2025 and 9th of July 2025 to 23rd of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Chester Mining price movement. The serial correlation of 0.0 indicates that just 0.0% of current Chester Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Chester Mining lagged returns against current returns
Autocorrelation, which is Chester Mining 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 Chester Mining's pink sheet expected returns. We can calculate the autocorrelation of Chester Mining returns to help us make a trade decision. For example, suppose you find that Chester Mining 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 |
Chester Mining 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 Chester Mining pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chester Mining pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chester Mining pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Chester Mining Lagged Returns
When evaluating Chester Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chester Mining pink sheet have on its future price. Chester Mining 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, Chester Mining autocorrelation shows the relationship between Chester Mining pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Chester Mining.
Regressed Prices |
| Timeline |
Pair Trading with Chester Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chester Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chester Mining will appreciate offsetting losses from the drop in the long position's value.Moving against Chester Pink Sheet
| 0.76 | RDNT | RadNet Inc | PairCorr |
| 0.65 | CIB | Bancolombia SA ADR | PairCorr |
| 0.57 | DSVSF | Discovery Metals Corp | PairCorr |
| 0.53 | BTG | B2Gold Corp Aggressive Push | PairCorr |
| 0.53 | TRTX | TPG RE Finance | PairCorr |
The ability to find closely correlated positions to Chester Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chester Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chester Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chester Mining to buy it.
The correlation of Chester Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chester Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chester Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chester Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Chester Pink Sheet
Chester Mining financial ratios help investors to determine whether Chester 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 Chester with respect to the benefits of owning Chester Mining security.