Canickel Mining Limited Stock Market Value
| CMLGF Stock | USD 0.02 0.00 0.00% |
| Symbol | CaNickel |
CaNickel Mining '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 CaNickel Mining'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 CaNickel Mining.
| 11/27/2025 |
| 12/27/2025 |
If you would invest 0.00 in CaNickel Mining on November 27, 2025 and sell it all today you would earn a total of 0.00 from holding CaNickel Mining Limited or generate 0.0% return on investment in CaNickel Mining over 30 days. CaNickel Mining is related to or competes with Merger Mines. CaNickel Mining Limited, a mining company, explores for, extracts, and processes nickel-containing ore in Canada More
CaNickel Mining 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 CaNickel Mining'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 CaNickel Mining Limited upside and downside potential and time the market with a certain degree of confidence.
CaNickel Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CaNickel Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CaNickel Mining's standard deviation. In reality, there are many statistical measures that can use CaNickel Mining historical prices to predict the future CaNickel Mining's volatility.CaNickel Mining Backtested Returns
We have found three technical indicators for CaNickel Mining Limited, 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 CaNickel Mining are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
CaNickel Mining Limited has perfect predictability. Overlapping area represents the amount of predictability between CaNickel Mining time series from 27th of November 2025 to 12th of December 2025 and 12th of December 2025 to 27th of December 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 CaNickel Mining price movement. The serial correlation of 1.0 indicates that 100.0% of current CaNickel Mining 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 |
CaNickel Mining lagged returns against current returns
Autocorrelation, which is CaNickel Mining 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 CaNickel Mining's pink sheet expected returns. We can calculate the autocorrelation of CaNickel Mining returns to help us make a trade decision. For example, suppose you find that CaNickel Mining 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 |
CaNickel Mining 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 CaNickel Mining pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CaNickel Mining pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CaNickel Mining pink sheet over time.
Current vs Lagged Prices |
| Timeline |
CaNickel Mining Lagged Returns
When evaluating CaNickel Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CaNickel Mining pink sheet have on its future price. CaNickel Mining 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, CaNickel Mining autocorrelation shows the relationship between CaNickel Mining pink sheet current value and its past values and can show if there is a momentum factor associated with investing in CaNickel Mining Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| DD | Dupont De Nemours | |
| CRDO | Credo Technology Group | |
| GOOG | Alphabet Inc Class C | |
| BAC | Bank of America | |
| CRM | Salesforce |
Other Information on Investing in CaNickel Pink Sheet
CaNickel Mining financial ratios help investors to determine whether CaNickel 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 CaNickel with respect to the benefits of owning CaNickel Mining security.