Filo Mining Corp Stock Market Value
| FLMMF Stock | USD 22.90 0.40 1.72% |
| Symbol | Filo |
Filo 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 Filo Mining'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 Filo Mining.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Filo Mining on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Filo Mining Corp or generate 0.0% return on investment in Filo Mining over 30 days. Filo Mining is related to or competes with Mundoro Capital. Filo Mining Corp., together with its subsidiaries, engages in the identification, acquisition, exploration, evaluation, ... More
Filo 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 Filo Mining'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 Filo Mining Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 5.09 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 1.53 |
Filo Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Filo Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Filo Mining's standard deviation. In reality, there are many statistical measures that can use Filo Mining historical prices to predict the future Filo Mining's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.08) |
Filo Mining Corp Backtested Returns
Filo Mining Corp secures Sharpe Ratio (or Efficiency) of -0.0391, which denotes the company had a -0.0391% return per unit of risk over the last 3 months. Filo Mining Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Filo Mining's Mean Deviation of 0.6932, variance of 0.9874, and Standard Deviation of 0.9937 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.43, which means possible diversification benefits within a given portfolio. As returns on the market increase, Filo Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Filo Mining is expected to be smaller as well. At this point, Filo Mining Corp has a negative expected return of -0.0399%. Please make sure to confirm Filo Mining's total risk alpha, as well as the relationship between the kurtosis and day typical price , to decide if Filo Mining Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.01 |
Virtually no predictability
Filo Mining Corp has virtually no predictability. Overlapping area represents the amount of predictability between Filo Mining time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Filo Mining Corp price movement. The serial correlation of 0.01 indicates that just 1.0% of current Filo Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Filo Mining Corp lagged returns against current returns
Autocorrelation, which is Filo Mining 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 Filo Mining's otc stock expected returns. We can calculate the autocorrelation of Filo Mining returns to help us make a trade decision. For example, suppose you find that Filo Mining 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 |
Filo 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 Filo Mining otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Filo Mining otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Filo Mining otc stock over time.
Current vs Lagged Prices |
| Timeline |
Filo Mining Lagged Returns
When evaluating Filo Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Filo Mining otc stock have on its future price. Filo 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, Filo Mining autocorrelation shows the relationship between Filo Mining otc stock current value and its past values and can show if there is a momentum factor associated with investing in Filo Mining Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Filo OTC Stock
Filo Mining financial ratios help investors to determine whether Filo 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 Filo with respect to the benefits of owning Filo Mining security.