Aurelius Minerals Stock Market Value
| AURQF Stock | USD 0 0.00 0.00% |
| Symbol | Aurelius |
Aurelius 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 Aurelius 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 Aurelius Minerals.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Aurelius Minerals on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Aurelius Minerals or generate 0.0% return on investment in Aurelius Minerals over 720 days. Aurelius Minerals is related to or competes with Aurion Resources, Liberty Gold, Orezone Gold, Radisson Mining, Predictive Discovery, Fortuna Silver, and Sandstorm Gold. Aurelius Minerals Inc., an exploration stage company, engages in acquisition, exploration, and evaluation of mineral pro... More
Aurelius 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 Aurelius 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 Aurelius Minerals upside and downside potential and time the market with a certain degree of confidence.
Aurelius Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aurelius Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aurelius Minerals' standard deviation. In reality, there are many statistical measures that can use Aurelius Minerals historical prices to predict the future Aurelius Minerals' volatility.Aurelius Minerals Backtested Returns
We have found three technical indicators for Aurelius 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 Aurelius Minerals are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Aurelius Minerals has no correlation between past and present. Overlapping area represents the amount of predictability between Aurelius Minerals time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Aurelius Minerals price movement. The serial correlation of 0.0 indicates that just 0.0% of current Aurelius Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aurelius Minerals lagged returns against current returns
Autocorrelation, which is Aurelius 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 Aurelius Minerals' pink sheet expected returns. We can calculate the autocorrelation of Aurelius Minerals returns to help us make a trade decision. For example, suppose you find that Aurelius 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 |
Aurelius 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 Aurelius Minerals pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aurelius 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 Aurelius Minerals pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Aurelius Minerals Lagged Returns
When evaluating Aurelius Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aurelius Minerals pink sheet have on its future price. Aurelius 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, Aurelius Minerals autocorrelation shows the relationship between Aurelius Minerals pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Aurelius Minerals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Aurelius Pink Sheet
Aurelius Minerals financial ratios help investors to determine whether Aurelius 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 Aurelius with respect to the benefits of owning Aurelius Minerals security.