Applied Minerals Stock Market Value
| AMNL Stock | USD 0.0001 0.00 0.00% |
| Symbol | Applied |
Applied Minerals '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 Applied Minerals' pink sheet 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 Applied Minerals.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Applied Minerals on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Applied Minerals or generate 0.0% return on investment in Applied Minerals over 30 days. Applied Minerals is related to or competes with South Star, Eskay Mining, Aurelia Metals, Adriatic Metals, American Helium, Progressive Planet, and Almonty Industries. Applied Minerals, Inc. extracts, processes, and markets halloysite clay and iron oxide More
Applied Minerals 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 Applied Minerals' pink sheet 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 Applied Minerals upside and downside potential and time the market with a certain degree of confidence.
Applied Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Applied Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Applied Minerals' standard deviation. In reality, there are many statistical measures that can use Applied Minerals historical prices to predict the future Applied Minerals' volatility.Applied Minerals Backtested Returns
We have found three technical indicators for Applied Minerals, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Applied Minerals are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Applied Minerals has no correlation between past and present. Overlapping area represents the amount of predictability between Applied Minerals time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Applied Minerals price movement. The serial correlation of 0.0 indicates that just 0.0% of current Applied Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Applied Minerals lagged returns against current returns
Autocorrelation, which is Applied Minerals pink sheet'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 Applied Minerals' pink sheet expected returns. We can calculate the autocorrelation of Applied Minerals returns to help us make a trade decision. For example, suppose you find that Applied Minerals has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Applied Minerals 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 Applied Minerals pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Applied Minerals pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Applied Minerals pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Applied Minerals Lagged Returns
When evaluating Applied Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Applied Minerals pink sheet have on its future price. Applied Minerals 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, Applied Minerals autocorrelation shows the relationship between Applied Minerals pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Applied Minerals.
Regressed Prices |
| Timeline |
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Applied Minerals financial ratios help investors to determine whether Applied Pink Sheet 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 Applied with respect to the benefits of owning Applied Minerals security.