Alba Mineral (UK) Market Value
| ALBA Stock | 0.02 0.0005 2.78% |
| Symbol | Alba |
Alba Mineral '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 Alba Mineral's 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 Alba Mineral.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Alba Mineral on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Alba Mineral Resources or generate 0.0% return on investment in Alba Mineral over 90 days. Alba Mineral is related to or competes with Givaudan, Antofagasta PLC, EVRAZ Plc, Atalaya Mining, Metals Exploration, Amaroq Minerals, and Ferrexpo PLC. Alba Mineral is entity of United Kingdom More
Alba Mineral 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 Alba Mineral's 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 Alba Mineral Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.92 | |||
| Information Ratio | 0.036 | |||
| Maximum Drawdown | 85.5 | |||
| Value At Risk | (13.31) | |||
| Potential Upside | 17.78 |
Alba Mineral Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alba Mineral's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alba Mineral's standard deviation. In reality, there are many statistical measures that can use Alba Mineral historical prices to predict the future Alba Mineral's volatility.| Risk Adjusted Performance | 0.0537 | |||
| Jensen Alpha | 0.829 | |||
| Total Risk Alpha | (1.23) | |||
| Sortino Ratio | 0.0501 | |||
| Treynor Ratio | (0.32) |
Alba Mineral Resources Backtested Returns
Alba Mineral Resources secures Sharpe Ratio (or Efficiency) of -0.0455, which signifies that the company had a -0.0455 % return per unit of standard deviation over the last 3 months. Alba Mineral Resources exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alba Mineral's risk adjusted performance of 0.0537, and Mean Deviation of 7.16 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.81, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Alba Mineral are expected to decrease by larger amounts. On the other hand, during market turmoil, Alba Mineral is expected to outperform it. At this point, Alba Mineral Resources has a negative expected return of -0.43%. Please make sure to confirm Alba Mineral's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Alba Mineral Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.36 |
Below average predictability
Alba Mineral Resources has below average predictability. Overlapping area represents the amount of predictability between Alba Mineral time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 Alba Mineral Resources price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Alba Mineral price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Alba Mineral Resources lagged returns against current returns
Autocorrelation, which is Alba Mineral 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 Alba Mineral's stock expected returns. We can calculate the autocorrelation of Alba Mineral returns to help us make a trade decision. For example, suppose you find that Alba Mineral 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 |
Alba Mineral 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 Alba Mineral stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alba Mineral stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alba Mineral stock over time.
Current vs Lagged Prices |
| Timeline |
Alba Mineral Lagged Returns
When evaluating Alba Mineral's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alba Mineral stock have on its future price. Alba Mineral 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, Alba Mineral autocorrelation shows the relationship between Alba Mineral stock current value and its past values and can show if there is a momentum factor associated with investing in Alba Mineral Resources.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Alba Stock Analysis
When running Alba Mineral's price analysis, check to measure Alba Mineral's 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 Alba Mineral is operating at the current time. Most of Alba Mineral's value examination focuses on studying past and present price action to predict the probability of Alba Mineral's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alba Mineral's price. Additionally, you may evaluate how the addition of Alba Mineral to your portfolios can decrease your overall portfolio volatility.