Metalla Royalty (Germany) Market Value
| X9C Stock | EUR 3.53 0.04 1.15% |
| Symbol | Metalla |
Metalla Royalty '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 Metalla Royalty'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 Metalla Royalty.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Metalla Royalty on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Metalla Royalty Streaming or generate 0.0% return on investment in Metalla Royalty over 90 days. Metalla Royalty is related to or competes with Shenandoah Telecommunicatio, Ribbon Communications, Geely Automobile, Summit Hotel, Scandic Hotels, FIH MOBILE, and MIRAMAR HOTEL. Metalla Royalty Streaming Ltd., a precious metals royalty and streaming company, engages in the acquisition and manageme... More
Metalla Royalty 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 Metalla Royalty'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 Metalla Royalty Streaming upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.08 | |||
| Information Ratio | 0.0866 | |||
| Maximum Drawdown | 14.51 | |||
| Value At Risk | (3.40) | |||
| Potential Upside | 6.69 |
Metalla Royalty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metalla Royalty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metalla Royalty's standard deviation. In reality, there are many statistical measures that can use Metalla Royalty historical prices to predict the future Metalla Royalty's volatility.| Risk Adjusted Performance | 0.1402 | |||
| Jensen Alpha | 0.4162 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.1213 | |||
| Treynor Ratio | 14.47 |
Metalla Royalty Streaming Backtested Returns
Metalla Royalty appears to be unstable, given 3 months investment horizon. Metalla Royalty Streaming has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Metalla Royalty, which you can use to evaluate the volatility of the firm. Please exercise Metalla Royalty's Downside Deviation of 2.08, risk adjusted performance of 0.1402, and Mean Deviation of 2.11 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Metalla Royalty holds a performance score of 12. The company secures a Beta (Market Risk) of 0.0291, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Metalla Royalty's returns are expected to increase less than the market. However, during the bear market, the loss of holding Metalla Royalty is expected to be smaller as well. Please check Metalla Royalty's maximum drawdown, potential upside, semi variance, as well as the relationship between the value at risk and downside variance , to make a quick decision on whether Metalla Royalty's current price movements will revert.
Auto-correlation | 0.48 |
Average predictability
Metalla Royalty Streaming has average predictability. Overlapping area represents the amount of predictability between Metalla Royalty time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd 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 Metalla Royalty Streaming price movement. The serial correlation of 0.48 indicates that about 48.0% of current Metalla Royalty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Metalla Royalty Streaming lagged returns against current returns
Autocorrelation, which is Metalla Royalty 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 Metalla Royalty's stock expected returns. We can calculate the autocorrelation of Metalla Royalty returns to help us make a trade decision. For example, suppose you find that Metalla Royalty 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 |
Metalla Royalty 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 Metalla Royalty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metalla Royalty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metalla Royalty stock over time.
Current vs Lagged Prices |
| Timeline |
Metalla Royalty Lagged Returns
When evaluating Metalla Royalty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metalla Royalty stock have on its future price. Metalla Royalty 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, Metalla Royalty autocorrelation shows the relationship between Metalla Royalty stock current value and its past values and can show if there is a momentum factor associated with investing in Metalla Royalty Streaming.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Metalla Stock
When determining whether Metalla Royalty Streaming offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Metalla Royalty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Metalla Royalty Streaming Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Metalla Royalty Streaming Stock:Check out Metalla Royalty Correlation, Metalla Royalty Volatility and Metalla Royalty Alpha and Beta module to complement your research on Metalla Royalty. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Metalla Royalty 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.