Fortuna Silver Mines Stock Alpha and Beta Analysis
| FSM Stock | USD 5.07 0.10 2.01% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Fortuna Silver Mines. It also helps investors analyze the systematic and unsystematic risks associated with investing in Fortuna Silver over a specified time horizon. Remember, high Fortuna Silver's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Fortuna Silver's market risk premium analysis include:
Beta 1.58 | Alpha 0.74 | Risk 3.86 | Sharpe Ratio 0.19 | Expected Return 0.71 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Fortuna |
Fortuna Silver Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Fortuna Silver market risk premium is the additional return an investor will receive from holding Fortuna Silver long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fortuna Silver. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Fortuna Silver's performance over market.| α | 0.74 | β | 1.58 |
Fortuna Silver expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Fortuna Silver's Buy-and-hold return. Our buy-and-hold chart shows how Fortuna Silver performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Fortuna Silver Market Price Analysis
Market price analysis indicators help investors to evaluate how Fortuna Silver stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fortuna Silver shares will generate the highest return on investment. By understating and applying Fortuna Silver stock market price indicators, traders can identify Fortuna Silver position entry and exit signals to maximize returns.
Fortuna Silver Return and Market Media
The median price of Fortuna Silver for the period between Tue, Mar 12, 2024 and Mon, Jun 10, 2024 is 4.69 with a coefficient of variation of 19.1. The daily time series for the period is distributed with a sample standard deviation of 0.89, arithmetic mean of 4.67, and mean deviation of 0.69. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Fortuna to release first quarter 2024 financial results onMay 7, 2024 Conference call at 12 p.m. Eastern Time on May 8, 2024 | 04/22/2024 |
2 | Fortuna Silver Mines Non-GAAP EPS of 0.09 beats by 0.05, revenue of 224.9M misses by | 05/08/2024 |
3 | Kobo Resources Announces Non-Brokered Private Placement of up to 4.5 Million and Secures Lead Order Initiates Concurrent Brokered Private Placement of up to 2.5... | 05/16/2024 |
4 | Fortuna Silver Mines Is Up 13.51 percent in One Week What You Should Know | 05/17/2024 |
5 | Is Fortuna a Solid Growth Stock 3 Reasons to Think Yes | 05/21/2024 |
6 | Fortunas Yaramoko Mine reaches one-million-ounce gold pour milestone | 05/22/2024 |
7 | Fortuna Silvers Yaramoko Hits 1M Ounce Gold Milestone | 05/23/2024 |
8 | Why Fortuna Silver Mines Stock Is Diving | 06/05/2024 |
9 | Fortuna Silver Mines prices 150M convertible debt offering | 06/06/2024 |
10 | Its November 2024 And Donald Trump Has Been Reelected. How Do B-Schools Respond | 06/10/2024 |
About Fortuna Silver Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Fortuna or other stocks. Alpha measures the amount that position in Fortuna Silver Mines has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 4.78 | 7.37 | 6.72 | 6.38 | Days Of Inventory On Hand | 79.43 | 62.82 | 62.69 | 40.2 |
Fortuna Silver Upcoming Company Events
As portrayed in its financial statements, the presentation of Fortuna Silver's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Fortuna Silver's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Fortuna Silver's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Fortuna Silver. Please utilize our Beneish M Score to check the likelihood of Fortuna Silver's management manipulating its earnings.
| 20th of March 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Fortuna Silver
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Additional Information and Resources on Investing in Fortuna Stock
When determining whether Fortuna Silver Mines is a strong investment it is important to analyze Fortuna Silver's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fortuna Silver's future performance. For an informed investment choice regarding Fortuna Stock, refer to the following important reports:Check out Fortuna Silver Backtesting, Fortuna Silver Valuation, Fortuna Silver Correlation, Fortuna Silver Hype Analysis, Fortuna Silver Volatility, Fortuna Silver History and analyze Fortuna Silver Performance. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Fortuna Silver 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.