Am Resources Corp Stock Market Value

AMR Stock  CAD 0.05  0.01  9.09%   
AM Resources' market value is the price at which a share of AM Resources trades on a public exchange. It measures the collective expectations of AM Resources Corp investors about its performance. AM Resources is selling for under 0.05 as of the 29th of March 2024; that is -9.09 percent down since the beginning of the trading day. The stock's lowest day price was 0.05.
With this module, you can estimate the performance of a buy and hold strategy of AM Resources Corp and determine expected loss or profit from investing in AM Resources over a given investment horizon. Check out AM Resources Correlation, AM Resources Volatility and AM Resources Alpha and Beta module to complement your research on AM Resources.
Symbol

Please note, there is a significant difference between AM Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if AM Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AM Resources' 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.

AM Resources '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 AM Resources' 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 AM Resources.
0.00
02/28/2024
No Change 0.00  0.0 
In 30 days
03/29/2024
0.00
If you would invest  0.00  in AM Resources on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding AM Resources Corp or generate 0.0% return on investment in AM Resources over 30 days. AM Resources is related to or competes with Alphabet CDR, Microsoft Corp, Tesla, Visa, Element Fleet, HOME DEPOT, and Amazon CDR. AM Resources Corp., together with its subsidiaries, engages in the exploration of coal, hydrocarbons, and gold mining si... More

AM Resources 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 AM Resources' 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 AM Resources Corp upside and downside potential and time the market with a certain degree of confidence.

AM Resources Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for AM Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AM Resources' standard deviation. In reality, there are many statistical measures that can use AM Resources historical prices to predict the future AM Resources' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AM Resources' 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.
Hype
Prediction
LowEstimatedHigh
0.000.0518.20
Details
Intrinsic
Valuation
LowRealHigh
0.000.0418.19
Details
Naive
Forecast
LowNextHigh
00.0718.22
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
-0.00020.030.05
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as AM Resources. Your research has to be compared to or analyzed against AM Resources' peers to derive any actionable benefits. When done correctly, AM Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in AM Resources Corp.

AM Resources Corp Backtested Returns

AM Resources is out of control given 3 months investment horizon. AM Resources Corp retains Efficiency (Sharpe Ratio) of 0.12, which signifies that the company had a 0.12% return per unit of price deviation over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.18% are justified by taking the suggested risk. Use AM Resources Corp Market Risk Adjusted Performance of 0.4988, standard deviation of 17.59, and Coefficient Of Variation of 859.94 to evaluate company specific risk that cannot be diversified away. AM Resources holds a performance score of 9 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of 4.16, 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, AM Resources will likely underperform. Use AM Resources Corp value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to analyze future returns on AM Resources Corp.

Auto-correlation

    
  0.59  

Modest predictability

AM Resources Corp has modest predictability. Overlapping area represents the amount of predictability between AM Resources time series from 28th of February 2024 to 14th of March 2024 and 14th of March 2024 to 29th of March 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 AM Resources Corp price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current AM Resources price fluctuation can be explain by its past prices.
Correlation Coefficient0.59
Spearman Rank Test0.92
Residual Average0.0
Price Variance0.0

AM Resources Corp lagged returns against current returns

Autocorrelation, which is AM Resources 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 AM Resources' stock expected returns. We can calculate the autocorrelation of AM Resources returns to help us make a trade decision. For example, suppose you find that AM Resources 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  

AM Resources 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 AM Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AM Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AM Resources stock over time.
   Current vs Lagged Prices   
       Timeline  

AM Resources Lagged Returns

When evaluating AM Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AM Resources stock have on its future price. AM Resources 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, AM Resources autocorrelation shows the relationship between AM Resources stock current value and its past values and can show if there is a momentum factor associated with investing in AM Resources Corp.
   Regressed Prices   
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AM Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AM Resources' short interest history, or implied volatility extrapolated from AM Resources options trading.

Pair Trading with AM Resources

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 AM Resources 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 AM Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against AMR Stock

  0.44ME Moneta Gold Earnings Call This WeekPairCorr
The ability to find closely correlated positions to AM Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AM Resources 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 AM Resources - 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 AM Resources Corp to buy it.
The correlation of AM Resources 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 AM Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AM Resources Corp 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 AM Resources 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.
Pair CorrelationCorrelation Matching
Check out AM Resources Correlation, AM Resources Volatility and AM Resources Alpha and Beta module to complement your research on AM Resources.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running AM Resources' price analysis, check to measure AM Resources' 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 AM Resources is operating at the current time. Most of AM Resources' value examination focuses on studying past and present price action to predict the probability of AM Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AM Resources' price. Additionally, you may evaluate how the addition of AM Resources to your portfolios can decrease your overall portfolio volatility.
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AM Resources 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.
A focus of AM Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AM Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...