Collective Mining Stock Market Value
| CNL Stock | 3.45 0.05 1.43% |
| Symbol | Collective |
Is Precious Metals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Collective Mining. If investors know Collective will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Collective Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Collective Mining is measured differently than its book value, which is the value of Collective that is recorded on the company's balance sheet. Investors also form their own opinion of Collective Mining's value that differs from its market value or its book value, called intrinsic value, which is Collective Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Collective Mining's market value can be influenced by many factors that don't directly affect Collective Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Collective Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Collective Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Collective Mining'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.
Collective 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 Collective Mining's 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 Collective Mining.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Collective Mining on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding Collective Mining or generate 0.0% return on investment in Collective Mining over 660 days. Collective Mining is related to or competes with Nova Minerals, Nova Minerals, Solaris Resources, MGE Energy, Berkshire Hathaway, Vista Outdoor, and Evertec. Cleco Corporationration operates as a public utility holding company primarily in Louisiana. More
Collective 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 Collective Mining's 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 Collective Mining upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.15 | |||
| Information Ratio | 0.0362 | |||
| Maximum Drawdown | 16.16 | |||
| Value At Risk | (4.42) | |||
| Potential Upside | 5.85 |
Collective Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Collective Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Collective Mining's standard deviation. In reality, there are many statistical measures that can use Collective Mining historical prices to predict the future Collective Mining's volatility.| Risk Adjusted Performance | 0.0659 | |||
| Jensen Alpha | 0.1426 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0379 | |||
| Treynor Ratio | 0.2975 |
Collective Mining Backtested Returns
As of now, Collective Stock is unstable. Collective Mining secures Sharpe Ratio (or Efficiency) of 0.042, which signifies that the company had a 0.042% return per unit of risk over the last 3 months. We have found thirty technical indicators for Collective Mining, which you can use to evaluate the volatility of the firm. Please confirm Collective Mining's Risk Adjusted Performance of 0.0659, downside deviation of 3.15, and Mean Deviation of 2.57 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. Collective Mining has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.81, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Collective Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Collective Mining is expected to be smaller as well. Collective Mining right now shows a risk of 3.17%. Please confirm Collective Mining total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to decide if Collective Mining will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Collective Mining has no correlation between past and present. Overlapping area represents the amount of predictability between Collective Mining time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Collective Mining price movement. The serial correlation of 0.0 indicates that just 0.0% of current Collective Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Collective Mining lagged returns against current returns
Autocorrelation, which is Collective Mining 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 Collective Mining's stock expected returns. We can calculate the autocorrelation of Collective Mining returns to help us make a trade decision. For example, suppose you find that Collective Mining has exhibited high autocorrelation historically, and you observe that the 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 |
Collective 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 Collective Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Collective Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Collective Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Collective Mining Lagged Returns
When evaluating Collective Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Collective Mining stock have on its future price. Collective 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, Collective Mining autocorrelation shows the relationship between Collective Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Collective Mining.
Regressed Prices |
| Timeline |
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Collective Mining technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.