Summa Silver's market value is the price at which a share of Summa Silver trades on a public exchange. It measures the collective expectations of Summa Silver Corp investors about its performance. Summa Silver is trading at 0.32 as of the 28th of July 2025. This is a 3.03% down since the beginning of the trading day. The stock's lowest day price was 0.31. With this module, you can estimate the performance of a buy and hold strategy of Summa Silver Corp and determine expected loss or profit from investing in Summa Silver over a given investment horizon. Check out Summa Silver Correlation, Summa Silver Volatility and Summa Silver Alpha and Beta module to complement your research on Summa Silver.
Please note, there is a significant difference between Summa Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summa Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summa Silver's 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.
Summa Silver '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 Summa Silver's otc 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 Summa Silver.
0.00
04/29/2025
No Change 0.00
0.0
In 3 months and 1 day
07/28/2025
0.00
If you would invest 0.00 in Summa Silver on April 29, 2025 and sell it all today you would earn a total of 0.00 from holding Summa Silver Corp or generate 0.0% return on investment in Summa Silver over 90 days. Summa Silver is related to or competes with Scottie Resources, Blackrock Silver, AbraSilver Resource, Metallic Minerals, Cassiar Gold, and Snowline Gold. Summa Silver Corp., a silver and gold development company, engages in acquiring, exploring, and evaluating natural resou... More
Summa Silver 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 Summa Silver's otc 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 Summa Silver Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Summa Silver's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Summa Silver's standard deviation. In reality, there are many statistical measures that can use Summa Silver historical prices to predict the future Summa Silver's volatility.
Summa Silver appears to be out of control, given 3 months investment horizon. Summa Silver Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14 % return per unit of risk over the last 3 months. By inspecting Summa Silver's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please review Summa Silver's Coefficient Of Variation of 643.73, semi deviation of 3.59, and Risk Adjusted Performance of 0.129 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Summa Silver holds a performance score of 10. The entity has a beta of -0.42, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Summa Silver are expected to decrease at a much lower rate. During the bear market, Summa Silver is likely to outperform the market. Please check Summa Silver's maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to make a quick decision on whether Summa Silver's existing price patterns will revert.
Auto-correlation
0.59
Modest predictability
Summa Silver Corp has modest predictability. Overlapping area represents the amount of predictability between Summa Silver time series from 29th of April 2025 to 13th of June 2025 and 13th of June 2025 to 28th 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 Summa Silver Corp price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Summa Silver price fluctuation can be explain by its past prices.
Correlation Coefficient
0.59
Spearman Rank Test
0.29
Residual Average
0.0
Price Variance
0.0
Summa Silver Corp lagged returns against current returns
Autocorrelation, which is Summa Silver otc 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 Summa Silver's otc stock expected returns. We can calculate the autocorrelation of Summa Silver returns to help us make a trade decision. For example, suppose you find that Summa Silver has exhibited high autocorrelation historically, and you observe that the otc 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
Summa Silver 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 Summa Silver otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Summa Silver otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Summa Silver otc stock over time.
Current vs Lagged Prices
Timeline
Summa Silver Lagged Returns
When evaluating Summa Silver's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Summa Silver otc stock have on its future price. Summa Silver 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, Summa Silver autocorrelation shows the relationship between Summa Silver otc stock current value and its past values and can show if there is a momentum factor associated with investing in Summa Silver Corp.
Summa Silver financial ratios help investors to determine whether Summa OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Summa with respect to the benefits of owning Summa Silver security.