Morien Resources Corp Stock Market Value
APMCF Stock | USD 0.16 0.05 23.81% |
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.
01/29/2025 |
| 02/28/2025 |
If you would invest 0.00 in Morien Resources on January 29, 2025 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 30 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.
Information Ratio | (0.0006) | |||
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 | 0.0064 | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | 0.2436 | |||
Treynor Ratio | 0.2822 |
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
Morien Resources Corp has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. Morien Resources exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Morien Resources' Risk Adjusted Performance of 0.0064, mean deviation of 3.41, and Standard Deviation of 6.85 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.12, 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. At this point, Morien Resources Corp has a negative expected return of -0.0251%. Please make sure to verify Morien Resources' value at risk, rate of daily change, relative strength index, as well as the relationship between the kurtosis and market facilitation index , to decide if Morien Resources Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.20 |
Weak predictability
Morien Resources Corp has weak predictability. Overlapping area represents the amount of predictability between Morien Resources time series from 29th of January 2025 to 13th of February 2025 and 13th of February 2025 to 28th 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 0.2 indicates that over 20.0% of current Morien Resources price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.2 | |
Spearman Rank Test | -0.47 | |
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.