Imetal Resources Stock Market Value
| IMR Stock | CAD 0.18 0.01 5.88% |
| Symbol | IMetal |
iMetal Resources Price To Book Ratio
IMetal 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 IMetal 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 IMetal Resources.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in IMetal Resources on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding iMetal Resources or generate 0.0% return on investment in IMetal Resources over 90 days. IMetal Resources is related to or competes with Sangoma Technologies, Canlan Ice, Advent Wireless, Brookfield Office, Sparx Technology, North American, and Dream Office. iMetal Resources Inc. explores for and develops mineral properties in Canada More
IMetal 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 IMetal 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 iMetal Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 39.08 | |||
| Value At Risk | (13.33) | |||
| Potential Upside | 14.29 |
IMetal Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IMetal Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IMetal Resources' standard deviation. In reality, there are many statistical measures that can use IMetal Resources historical prices to predict the future IMetal Resources' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (1.24) | |||
| Treynor Ratio | (0.09) |
iMetal Resources Backtested Returns
IMetal Resources appears to be out of control, given 3 months investment horizon. iMetal Resources holds Efficiency (Sharpe) Ratio of 0.0749, which attests that the entity had a 0.0749 % return per unit of risk over the last 3 months. By examining IMetal Resources' technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize IMetal Resources' Standard Deviation of 7.85, market risk adjusted performance of (0.08), and Risk Adjusted Performance of (0.01) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, IMetal Resources holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of 1.54, which attests to 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, IMetal Resources will likely underperform. Please check IMetal Resources' information ratio and the relationship between the potential upside and period momentum indicator , to make a quick decision on whether IMetal Resources' current trending patterns will revert.
Auto-correlation | 0.32 |
Below average predictability
iMetal Resources has below average predictability. Overlapping area represents the amount of predictability between IMetal Resources time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st 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 iMetal Resources price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current IMetal Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
iMetal Resources lagged returns against current returns
Autocorrelation, which is IMetal 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 IMetal Resources' stock expected returns. We can calculate the autocorrelation of IMetal Resources returns to help us make a trade decision. For example, suppose you find that IMetal 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 |
IMetal 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 IMetal Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IMetal Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IMetal Resources stock over time.
Current vs Lagged Prices |
| Timeline |
IMetal Resources Lagged Returns
When evaluating IMetal Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IMetal Resources stock have on its future price. IMetal 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, IMetal Resources autocorrelation shows the relationship between IMetal Resources stock current value and its past values and can show if there is a momentum factor associated with investing in iMetal Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for IMetal Stock Analysis
When running IMetal Resources' price analysis, check to measure IMetal 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 IMetal Resources is operating at the current time. Most of IMetal Resources' value examination focuses on studying past and present price action to predict the probability of IMetal Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IMetal Resources' price. Additionally, you may evaluate how the addition of IMetal Resources to your portfolios can decrease your overall portfolio volatility.