Essex Minerals Stock Market Value
| ESXMF Stock | USD 0.06 0.00 0.00% |
| Symbol | Essex |
Essex 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 Essex 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 Essex Minerals.
| 10/19/2025 |
| 01/17/2026 |
If you would invest 0.00 in Essex Minerals on October 19, 2025 and sell it all today you would earn a total of 0.00 from holding Essex Minerals or generate 0.0% return on investment in Essex Minerals over 90 days. Essex Minerals is related to or competes with American Helium, Golcap Resources, ArcWest Exploration, and Medaro Mining. Essex Minerals Inc., a natural resource company, engages in the acquisition, exploration, and development of mining prop... More
Essex 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 Essex 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 Essex Minerals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1099 | |||
| Maximum Drawdown | 300.0 |
Essex Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Essex Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Essex Minerals' standard deviation. In reality, there are many statistical measures that can use Essex Minerals historical prices to predict the future Essex Minerals' volatility.| Risk Adjusted Performance | 0.0877 | |||
| Jensen Alpha | 5.25 | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | (0.45) |
Essex Minerals Backtested Returns
Essex Minerals is out of control given 3 months investment horizon. Essex Minerals secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12 % return per unit of risk over the last 3 months. We have collected data for sixteen different technical indicators, which can help you to evaluate if expected returns of 4.58% are justified by taking the suggested risk. Use Essex Minerals Standard Deviation of 38.91, variance of 1514.32, and Mean Deviation of 10.76 to evaluate company specific risk that cannot be diversified away. Essex Minerals holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -9.78, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Essex Minerals are expected to decrease by larger amounts. On the other hand, during market turmoil, Essex Minerals is expected to outperform it. Use Essex Minerals treynor ratio and rate of daily change , to analyze future returns on Essex Minerals.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Essex Minerals has insignificant reverse predictability. Overlapping area represents the amount of predictability between Essex Minerals time series from 19th of October 2025 to 3rd of December 2025 and 3rd of December 2025 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 Essex Minerals price movement. The serial correlation of -0.17 indicates that over 17.0% of current Essex Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Essex Minerals lagged returns against current returns
Autocorrelation, which is Essex 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 Essex Minerals' pink sheet expected returns. We can calculate the autocorrelation of Essex Minerals returns to help us make a trade decision. For example, suppose you find that Essex 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 |
Essex 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 Essex Minerals pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Essex 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 Essex Minerals pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Essex Minerals Lagged Returns
When evaluating Essex Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Essex Minerals pink sheet have on its future price. Essex 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, Essex Minerals autocorrelation shows the relationship between Essex Minerals pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Essex Minerals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Essex Pink Sheet
Essex Minerals financial ratios help investors to determine whether Essex 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 Essex with respect to the benefits of owning Essex Minerals security.