Canadian Manganese Stock Market Value
| CDMNF Stock | USD 0.01 0.00 0.00% |
| Symbol | Canadian |
Canadian Manganese '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 Canadian Manganese's otc 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 Canadian Manganese.
| 12/18/2025 |
| 01/17/2026 |
If you would invest 0.00 in Canadian Manganese on December 18, 2025 and sell it all today you would earn a total of 0.00 from holding Canadian Manganese or generate 0.0% return on investment in Canadian Manganese over 30 days. Canadian Manganese is related to or competes with Camino Minerals, Euro Manganese, Happy Creek, and Tartisan Nickel. Canadian Manganese Company Inc. engages in the exploration and development of manganese properties in the province of Ne... More
Canadian Manganese 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 Canadian Manganese's otc 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 Canadian Manganese upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1121 | |||
| Maximum Drawdown | 1900.0 |
Canadian Manganese Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canadian Manganese's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Canadian Manganese's standard deviation. In reality, there are many statistical measures that can use Canadian Manganese historical prices to predict the future Canadian Manganese's volatility.| Risk Adjusted Performance | 0.088 | |||
| Jensen Alpha | 29.48 | |||
| Total Risk Alpha | (4.19) | |||
| Treynor Ratio | (0.77) |
Canadian Manganese Backtested Returns
Canadian Manganese is out of control given 3 months investment horizon. Canadian Manganese secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11 % return per unit of risk over the last 3 months. We were able to interpolate sixteen different technical indicators, which can help you to evaluate if expected returns of 14.37% are justified by taking the suggested risk. Use Canadian Manganese Mean Deviation of 56.78, risk adjusted performance of 0.088, and Standard Deviation of 234.59 to evaluate company specific risk that cannot be diversified away. Canadian Manganese holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -34.2, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Canadian Manganese are expected to decrease by larger amounts. On the other hand, during market turmoil, Canadian Manganese is expected to outperform it. Use Canadian Manganese variance, skewness, as well as the relationship between the Skewness and day typical price , to analyze future returns on Canadian Manganese.
Auto-correlation | 1.00 |
Perfect predictability
Canadian Manganese has perfect predictability. Overlapping area represents the amount of predictability between Canadian Manganese time series from 18th of December 2025 to 2nd of January 2026 and 2nd of January 2026 to 17th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Canadian Manganese price movement. The serial correlation of 1.0 indicates that 100.0% of current Canadian Manganese price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Canadian Manganese lagged returns against current returns
Autocorrelation, which is Canadian Manganese otc 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 Canadian Manganese's otc stock expected returns. We can calculate the autocorrelation of Canadian Manganese returns to help us make a trade decision. For example, suppose you find that Canadian Manganese has exhibited high autocorrelation historically, and you observe that the otc 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 |
Canadian Manganese 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 Canadian Manganese otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Canadian Manganese otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Canadian Manganese otc stock over time.
Current vs Lagged Prices |
| Timeline |
Canadian Manganese Lagged Returns
When evaluating Canadian Manganese's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Canadian Manganese otc stock have on its future price. Canadian Manganese 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, Canadian Manganese autocorrelation shows the relationship between Canadian Manganese otc stock current value and its past values and can show if there is a momentum factor associated with investing in Canadian Manganese.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Canadian OTC Stock
Canadian Manganese financial ratios help investors to determine whether Canadian OTC 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 Canadian with respect to the benefits of owning Canadian Manganese security.