Monarch Mining Stock Market Value
| GBARF Stock | USD 0 0.00 0.00% |
| Symbol | Monarch |
Monarch 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 Monarch 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 Monarch Mining.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Monarch Mining on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Monarch Mining or generate 0.0% return on investment in Monarch Mining over 360 days. Monarch Mining is related to or competes with Lundin Gold, Gold Reserve, Liberty Gold, Dynacor Gold, Torex Gold, Wesdome Gold, and K92 Mining. Monarch Mining Corporation, a gold mining company, engages in the exploration and development of mining properties in Ca... More
Monarch 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 Monarch 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 Monarch Mining upside and downside potential and time the market with a certain degree of confidence.
Monarch Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Monarch Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Monarch Mining's standard deviation. In reality, there are many statistical measures that can use Monarch Mining historical prices to predict the future Monarch Mining's volatility.Monarch Mining Backtested Returns
We have found three technical indicators for Monarch Mining, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Monarch Mining are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Monarch Mining has perfect predictability. Overlapping area represents the amount of predictability between Monarch Mining time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 Monarch Mining price movement. The serial correlation of 1.0 indicates that 100.0% of current Monarch 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 |
Monarch Mining lagged returns against current returns
Autocorrelation, which is Monarch 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 Monarch Mining's otc stock expected returns. We can calculate the autocorrelation of Monarch Mining returns to help us make a trade decision. For example, suppose you find that Monarch 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 |
Monarch 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 Monarch Mining otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Monarch 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 Monarch Mining otc stock over time.
Current vs Lagged Prices |
| Timeline |
Monarch Mining Lagged Returns
When evaluating Monarch Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Monarch Mining otc stock have on its future price. Monarch 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, Monarch Mining autocorrelation shows the relationship between Monarch Mining otc stock current value and its past values and can show if there is a momentum factor associated with investing in Monarch Mining.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Monarch OTC Stock
Monarch Mining financial ratios help investors to determine whether Monarch 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 Monarch with respect to the benefits of owning Monarch Mining security.