MONGOLIAN MINING (Germany) Market Value
| 29X2 Stock | EUR 0.79 0.02 2.60% |
| Symbol | MONGOLIAN |
MONGOLIAN MINING '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 MONGOLIAN MINING'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 MONGOLIAN MINING.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in MONGOLIAN MINING on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding MONGOLIAN MINING CRPREGS or generate 0.0% return on investment in MONGOLIAN MINING over 30 days. MONGOLIAN MINING is related to or competes with MOLSON COORS, Sunny Optical, BOSTON BEER, National Beverage, Computer, X-FAB Silicon, and United Breweries. Mongolian Mining Corporation engages in the mining, processing, transportation, and sale of coking coal products More
MONGOLIAN MINING 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 MONGOLIAN MINING'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 MONGOLIAN MINING CRPREGS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 12.7 | |||
| Value At Risk | (4.35) | |||
| Potential Upside | 4.88 |
MONGOLIAN MINING Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MONGOLIAN MINING's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MONGOLIAN MINING's standard deviation. In reality, there are many statistical measures that can use MONGOLIAN MINING historical prices to predict the future MONGOLIAN MINING's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.57) |
MONGOLIAN MINING CRPREGS Backtested Returns
MONGOLIAN MINING CRPREGS has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12 % return per unit of volatility over the last 3 months. MONGOLIAN MINING exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MONGOLIAN MINING's risk adjusted performance of (0.1), and Mean Deviation of 1.86 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.66, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MONGOLIAN MINING's returns are expected to increase less than the market. However, during the bear market, the loss of holding MONGOLIAN MINING is expected to be smaller as well. At this point, MONGOLIAN MINING CRPREGS has a negative expected return of -0.31%. Please make sure to verify MONGOLIAN MINING's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if MONGOLIAN MINING CRPREGS performance from the past will be repeated at future time.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
MONGOLIAN MINING CRPREGS has almost perfect reverse predictability. Overlapping area represents the amount of predictability between MONGOLIAN MINING time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 MONGOLIAN MINING CRPREGS price movement. The serial correlation of -0.71 indicates that around 71.0% of current MONGOLIAN MINING price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
MONGOLIAN MINING CRPREGS lagged returns against current returns
Autocorrelation, which is MONGOLIAN MINING 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 MONGOLIAN MINING's stock expected returns. We can calculate the autocorrelation of MONGOLIAN MINING returns to help us make a trade decision. For example, suppose you find that MONGOLIAN MINING 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 |
MONGOLIAN MINING 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 MONGOLIAN MINING stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MONGOLIAN MINING stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MONGOLIAN MINING stock over time.
Current vs Lagged Prices |
| Timeline |
MONGOLIAN MINING Lagged Returns
When evaluating MONGOLIAN MINING's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MONGOLIAN MINING stock have on its future price. MONGOLIAN MINING 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, MONGOLIAN MINING autocorrelation shows the relationship between MONGOLIAN MINING stock current value and its past values and can show if there is a momentum factor associated with investing in MONGOLIAN MINING CRPREGS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in MONGOLIAN Stock
MONGOLIAN MINING financial ratios help investors to determine whether MONGOLIAN 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 MONGOLIAN with respect to the benefits of owning MONGOLIAN MINING security.