Foran Mining Stock Market Value
| FMCXF Stock | USD 3.75 0.18 5.04% |
| Symbol | Foran |
Foran 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 Foran 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 Foran Mining.
| 06/09/2024 |
| 12/31/2025 |
If you would invest 0.00 in Foran Mining on June 9, 2024 and sell it all today you would earn a total of 0.00 from holding Foran Mining or generate 0.0% return on investment in Foran Mining over 570 days. Foran Mining is related to or competes with Zinc One. Foran Mining Corporation engages in the acquisition, exploration, and development of mineral properties More
Foran 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 Foran 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 Foran Mining upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.6 | |||
| Information Ratio | 0.1649 | |||
| Maximum Drawdown | 12.68 | |||
| Value At Risk | (3.56) | |||
| Potential Upside | 5.7 |
Foran Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Foran Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Foran Mining's standard deviation. In reality, there are many statistical measures that can use Foran Mining historical prices to predict the future Foran Mining's volatility.| Risk Adjusted Performance | 0.139 | |||
| Jensen Alpha | 0.5024 | |||
| Total Risk Alpha | 0.3068 | |||
| Sortino Ratio | 0.1987 | |||
| Treynor Ratio | 0.4687 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Foran Mining's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Foran Mining Backtested Returns
Foran Mining appears to be relatively risky, given 3 months investment horizon. Foran Mining secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18 % return per unit of risk over the last 3 months. By reviewing Foran Mining's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please utilize Foran Mining's Coefficient Of Variation of 533.76, mean deviation of 2.46, and Downside Deviation of 2.6 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Foran Mining holds a performance score of 14. The firm shows a Beta (market volatility) of 1.23, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Foran Mining will likely underperform. Please check Foran Mining's maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to make a quick decision on whether Foran Mining's price patterns will revert.
Auto-correlation | -0.48 |
Modest reverse predictability
Foran Mining has modest reverse predictability. Overlapping area represents the amount of predictability between Foran Mining time series from 9th of June 2024 to 21st of March 2025 and 21st of March 2025 to 31st 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 Foran Mining price movement. The serial correlation of -0.48 indicates that about 48.0% of current Foran Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Foran Mining lagged returns against current returns
Autocorrelation, which is Foran 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 Foran Mining's otc stock expected returns. We can calculate the autocorrelation of Foran Mining returns to help us make a trade decision. For example, suppose you find that Foran 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 |
Foran 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 Foran Mining otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Foran 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 Foran Mining otc stock over time.
Current vs Lagged Prices |
| Timeline |
Foran Mining Lagged Returns
When evaluating Foran Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Foran Mining otc stock have on its future price. Foran 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, Foran Mining autocorrelation shows the relationship between Foran Mining otc stock current value and its past values and can show if there is a momentum factor associated with investing in Foran Mining.
Regressed Prices |
| Timeline |
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Other Information on Investing in Foran OTC Stock
Foran Mining financial ratios help investors to determine whether Foran 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 Foran with respect to the benefits of owning Foran Mining security.