Morien Resources Corp Stock Market Value
| APMCF Stock | USD 0.20 0.01 4.76% |
| Symbol | Morien |
Morien 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 Morien Resources' 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 Morien Resources.
| 03/01/2023 |
| 02/18/2025 |
If you would invest 0.00 in Morien Resources on March 1, 2023 and sell it all today you would earn a total of 0.00 from holding Morien Resources Corp or generate 0.0% return on investment in Morien Resources over 720 days. Morien Resources is related to or competes with Adaro Energy, Alliance Resource, Indo Tambangraya, Yanzhou Coal, Bukit Asam, Geo Energy, and Yancoal Australia. Morien Resources Corp., a mining development company, engages in the identification and purchase of mineral projects in ... More
Morien 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 Morien Resources' 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 Morien Resources Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.26 | |||
| Information Ratio | 0.0196 | |||
| Maximum Drawdown | 45.0 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 11.76 |
Morien Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Morien Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Morien Resources' standard deviation. In reality, there are many statistical measures that can use Morien Resources historical prices to predict the future Morien Resources' volatility.| Risk Adjusted Performance | 0.024 | |||
| Jensen Alpha | 0.1314 | |||
| Total Risk Alpha | 0.1208 | |||
| Sortino Ratio | 0.0127 | |||
| Treynor Ratio | (0.75) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Morien Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Morien Resources Corp Backtested Returns
At this point, Morien Resources is out of control. Morien Resources Corp has Sharpe Ratio of 0.0216, which conveys that the firm had a 0.0216 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Morien Resources, which you can use to evaluate the volatility of the firm. Please verify Morien Resources' Risk Adjusted Performance of 0.024, mean deviation of 3.66, and Downside Deviation of 10.26 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. Morien Resources has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Morien Resources are expected to decrease at a much lower rate. During the bear market, Morien Resources is likely to outperform the market. Morien Resources Corp right now secures a risk of 6.79%. Please verify Morien Resources Corp semi variance, day median price, and the relationship between the value at risk and kurtosis , to decide if Morien Resources Corp will be following its current price movements.
Auto-correlation | 0.56 |
Modest predictability
Morien Resources Corp has modest predictability. Overlapping area represents the amount of predictability between Morien Resources time series from 1st of March 2023 to 24th of February 2024 and 24th of February 2024 to 18th 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 Morien Resources Corp price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Morien Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Morien Resources Corp lagged returns against current returns
Autocorrelation, which is Morien Resources 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 Morien Resources' pink sheet expected returns. We can calculate the autocorrelation of Morien Resources returns to help us make a trade decision. For example, suppose you find that Morien Resources 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 |
Morien 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 Morien Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Morien Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Morien Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Morien Resources Lagged Returns
When evaluating Morien Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Morien Resources pink sheet have on its future price. Morien 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, Morien Resources autocorrelation shows the relationship between Morien Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Morien Resources Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Morien Pink Sheet
Morien Resources financial ratios help investors to determine whether Morien 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 Morien with respect to the benefits of owning Morien Resources security.