Power Metals Corp Stock Market Value
| PWM Stock | CAD 0.69 0.03 4.17% |
| Symbol | Power |
Power 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 Power 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 Power Metals.
| 05/17/2025 |
| 08/15/2025 |
If you would invest 0.00 in Power Metals on May 17, 2025 and sell it all today you would earn a total of 0.00 from holding Power Metals Corp or generate 0.0% return on investment in Power Metals over 90 days. Power Metals is related to or competes with New Age. Power Metals Corp., an exploration company, engages in the acquisition, exploration, and evaluation of resource properti... More
Power 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 Power 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 Power Metals Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 48.89 | |||
| Value At Risk | (5.62) | |||
| Potential Upside | 6.58 |
Power Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Power Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Power Metals' standard deviation. In reality, there are many statistical measures that can use Power Metals historical prices to predict the future Power Metals' volatility.| Risk Adjusted Performance | 0.0082 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | (0.04) |
Power Metals Corp Backtested Returns
Power Metals Corp maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the firm had a close to zero % return per unit of risk over the last 3 months. Power Metals Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Power Metals' Risk Adjusted Performance of 0.0082, variance of 39.63, and Coefficient Of Variation of (108,543) to confirm the risk estimate we provide. The company holds a Beta of 0.39, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Power Metals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Power Metals is expected to be smaller as well. At this point, Power Metals Corp has a negative expected return of -0.0058%. Please make sure to check Power Metals' potential upside, daily balance of power, as well as the relationship between the Daily Balance Of Power and market facilitation index , to decide if Power Metals Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Power Metals Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Power Metals time series from 17th of May 2025 to 1st of July 2025 and 1st of July 2025 to 15th 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 Power Metals Corp price movement. The serial correlation of -0.19 indicates that over 19.0% of current Power Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Power Metals Corp lagged returns against current returns
Autocorrelation, which is Power 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 Power Metals' stock expected returns. We can calculate the autocorrelation of Power Metals returns to help us make a trade decision. For example, suppose you find that Power 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 |
Power 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 Power Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Power Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Power Metals stock over time.
Current vs Lagged Prices |
| Timeline |
Power Metals Lagged Returns
When evaluating Power Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Power Metals stock have on its future price. Power 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, Power Metals autocorrelation shows the relationship between Power Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Power Metals Corp.
Regressed Prices |
| Timeline |
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Additional Tools for Power Stock Analysis
When running Power Metals' price analysis, check to measure Power Metals' 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 Power Metals is operating at the current time. Most of Power Metals' value examination focuses on studying past and present price action to predict the probability of Power Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Power Metals' price. Additionally, you may evaluate how the addition of Power Metals to your portfolios can decrease your overall portfolio volatility.