Elemental Royalties' market value is the price at which a share of Elemental Royalties trades on a public exchange. It measures the collective expectations of Elemental Royalties Corp investors about its performance. Elemental Royalties is trading at 1.56 as of the 27th of July 2025. This is a 0.64% down since the beginning of the trading day. The stock's lowest day price was 1.56. With this module, you can estimate the performance of a buy and hold strategy of Elemental Royalties Corp and determine expected loss or profit from investing in Elemental Royalties over a given investment horizon. Check out Elemental Royalties Correlation, Elemental Royalties Volatility and Elemental Royalties Alpha and Beta module to complement your research on Elemental Royalties.
Please note, there is a significant difference between Elemental Royalties' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elemental Royalties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elemental Royalties' 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.
Elemental Royalties '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 Elemental Royalties' 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 Elemental Royalties.
0.00
04/28/2025
No Change 0.00
0.0
In 3 months and 1 day
07/27/2025
0.00
If you would invest 0.00 in Elemental Royalties on April 28, 2025 and sell it all today you would earn a total of 0.00 from holding Elemental Royalties Corp or generate 0.0% return on investment in Elemental Royalties over 90 days. Elemental Royalties is related to or competes with West Vault, Sailfish Royalty, Empress Royalty, and EMX Royalty. Elemental Royalties Corp., a gold-focused royalty company, engages in the evaluation and acquisition of royalties More
Elemental Royalties 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 Elemental Royalties' 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 Elemental Royalties Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elemental Royalties' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Elemental Royalties' standard deviation. In reality, there are many statistical measures that can use Elemental Royalties historical prices to predict the future Elemental Royalties' volatility.
Elemental Royalties appears to be very risky, given 3 months investment horizon. Elemental Royalties Corp secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the company had a 0.22 % return per unit of risk over the last 3 months. By reviewing Elemental Royalties' technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please utilize Elemental Royalties' Downside Deviation of 2.74, mean deviation of 2.31, and Coefficient Of Variation of 461.36 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Elemental Royalties holds a performance score of 17. The firm shows a Beta (market volatility) of 0.57, which means possible diversification benefits within a given portfolio. As returns on the market increase, Elemental Royalties' returns are expected to increase less than the market. However, during the bear market, the loss of holding Elemental Royalties is expected to be smaller as well. Please check Elemental Royalties' coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance , to make a quick decision on whether Elemental Royalties' price patterns will revert.
Auto-correlation
0.20
Weak predictability
Elemental Royalties Corp has weak predictability. Overlapping area represents the amount of predictability between Elemental Royalties time series from 28th of April 2025 to 12th of June 2025 and 12th of June 2025 to 27th of July 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 Elemental Royalties Corp price movement. The serial correlation of 0.2 indicates that over 20.0% of current Elemental Royalties price fluctuation can be explain by its past prices.
Correlation Coefficient
0.2
Spearman Rank Test
0.41
Residual Average
0.0
Price Variance
0.02
Elemental Royalties Corp lagged returns against current returns
Autocorrelation, which is Elemental Royalties 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 Elemental Royalties' otc stock expected returns. We can calculate the autocorrelation of Elemental Royalties returns to help us make a trade decision. For example, suppose you find that Elemental Royalties 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
Elemental Royalties 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 Elemental Royalties otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Elemental Royalties otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Elemental Royalties otc stock over time.
Current vs Lagged Prices
Timeline
Elemental Royalties Lagged Returns
When evaluating Elemental Royalties' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Elemental Royalties otc stock have on its future price. Elemental Royalties 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, Elemental Royalties autocorrelation shows the relationship between Elemental Royalties otc stock current value and its past values and can show if there is a momentum factor associated with investing in Elemental Royalties Corp.
Other Information on Investing in Elemental OTC Stock
Elemental Royalties financial ratios help investors to determine whether Elemental OTC Stock 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 Elemental with respect to the benefits of owning Elemental Royalties security.