Gmv Minerals Stock Market Value
| GMVMF Stock | USD 0.10 0.01 5.26% |
| Symbol | GMV |
GMV 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 GMV Minerals' 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 GMV Minerals.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in GMV Minerals on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding GMV Minerals or generate 0.0% return on investment in GMV Minerals over 30 days. GMV Minerals is related to or competes with Harmony Gold, SPACE, T Rowe, Ampleforth, Ionet, SEI Investments, and Embecta Corp. GMV Minerals Inc., an exploration stage company, engages in the sourcing and exploration of mineral properties in Arizon... More
GMV 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 GMV Minerals' 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 GMV Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.92 | |||
| Information Ratio | 0.0476 | |||
| Maximum Drawdown | 53.03 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 20.0 |
GMV Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GMV Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GMV Minerals' standard deviation. In reality, there are many statistical measures that can use GMV Minerals historical prices to predict the future GMV Minerals' volatility.| Risk Adjusted Performance | 0.0554 | |||
| Jensen Alpha | 0.6755 | |||
| Total Risk Alpha | (0.88) | |||
| Sortino Ratio | 0.0468 | |||
| Treynor Ratio | (0.68) |
GMV Minerals Backtested Returns
GMV Minerals appears to be out of control, given 3 months investment horizon. GMV Minerals holds Efficiency (Sharpe) Ratio of 0.0664, which attests that the entity had a 0.0664% return per unit of volatility over the last 3 months. By analyzing GMV Minerals' technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please utilize GMV Minerals' risk adjusted performance of 0.0554, and Market Risk Adjusted Performance of (0.67) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GMV Minerals holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of -0.85, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning GMV Minerals are expected to decrease at a much lower rate. During the bear market, GMV Minerals is likely to outperform the market. Please check GMV Minerals' value at risk and the relationship between the expected short fall and period momentum indicator , to make a quick decision on whether GMV Minerals' current trending patterns will revert.
Auto-correlation | 0.15 |
Insignificant predictability
GMV Minerals has insignificant predictability. Overlapping area represents the amount of predictability between GMV Minerals time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd of December 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 GMV Minerals price movement. The serial correlation of 0.15 indicates that less than 15.0% of current GMV Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GMV Minerals lagged returns against current returns
Autocorrelation, which is GMV Minerals 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 GMV Minerals' otc stock expected returns. We can calculate the autocorrelation of GMV Minerals returns to help us make a trade decision. For example, suppose you find that GMV Minerals 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 |
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GMV 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 GMV Minerals otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GMV Minerals otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GMV Minerals otc stock over time.
Current vs Lagged Prices |
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GMV Minerals Lagged Returns
When evaluating GMV Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GMV Minerals otc stock have on its future price. GMV 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, GMV Minerals autocorrelation shows the relationship between GMV Minerals otc stock current value and its past values and can show if there is a momentum factor associated with investing in GMV Minerals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in GMV OTC Stock
GMV Minerals financial ratios help investors to determine whether GMV 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 GMV with respect to the benefits of owning GMV Minerals security.