China Molybdenum's market value is the price at which a share of China Molybdenum trades on a public exchange. It measures the collective expectations of China Molybdenum Co investors about its performance. China Molybdenum is trading at 0.71 as of the 31st of January 2025. This is a 4.05 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.71. With this module, you can estimate the performance of a buy and hold strategy of China Molybdenum Co and determine expected loss or profit from investing in China Molybdenum over a given investment horizon. Check out China Molybdenum Correlation, China Molybdenum Volatility and China Molybdenum Alpha and Beta module to complement your research on China Molybdenum.
Please note, there is a significant difference between China Molybdenum's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Molybdenum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Molybdenum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
China Molybdenum '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 China Molybdenum's 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 China Molybdenum.
0.00
11/02/2024
No Change 0.00
0.0
In 3 months and 1 day
01/31/2025
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If you would invest 0.00 in China Molybdenum on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding China Molybdenum Co or generate 0.0% return on investment in China Molybdenum over 90 days. China Molybdenum is related to or competes with Ardea Resources, Centaurus Metals, Canada Silver, OM Holdings, Metals X, Magna Mining, and American Rare. CMOC Group Limited, together with its subsidiaries, engages in the mining, beneficiation, smelting, refining, and tradin... More
China Molybdenum 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 China Molybdenum's 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 China Molybdenum Co upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Molybdenum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Molybdenum's standard deviation. In reality, there are many statistical measures that can use China Molybdenum historical prices to predict the future China Molybdenum's volatility.
China Molybdenum secures Sharpe Ratio (or Efficiency) of -0.0269, which signifies that the company had a -0.0269 % return per unit of risk over the last 3 months. China Molybdenum Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Molybdenum's Risk Adjusted Performance of (0.01), mean deviation of 4.12, and Standard Deviation of 5.63 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, China Molybdenum's returns are expected to increase less than the market. However, during the bear market, the loss of holding China Molybdenum is expected to be smaller as well. At this point, China Molybdenum has a negative expected return of -0.15%. Please make sure to confirm China Molybdenum's kurtosis, market facilitation index, and the relationship between the value at risk and rate of daily change , to decide if China Molybdenum performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.28
Weak reverse predictability
China Molybdenum Co has weak reverse predictability. Overlapping area represents the amount of predictability between China Molybdenum time series from 2nd of November 2024 to 17th of December 2024 and 17th of December 2024 to 31st of January 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 China Molybdenum price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current China Molybdenum price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.28
Spearman Rank Test
-0.37
Residual Average
0.0
Price Variance
0.0
China Molybdenum lagged returns against current returns
Autocorrelation, which is China Molybdenum 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 China Molybdenum's pink sheet expected returns. We can calculate the autocorrelation of China Molybdenum returns to help us make a trade decision. For example, suppose you find that China Molybdenum 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
China Molybdenum 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 China Molybdenum pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Molybdenum pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Molybdenum pink sheet over time.
Current vs Lagged Prices
Timeline
China Molybdenum Lagged Returns
When evaluating China Molybdenum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Molybdenum pink sheet have on its future price. China Molybdenum 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, China Molybdenum autocorrelation shows the relationship between China Molybdenum pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China Molybdenum Co.
Other Information on Investing in China Pink Sheet
China Molybdenum financial ratios help investors to determine whether China 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 China with respect to the benefits of owning China Molybdenum security.