Kingman Minerals Stock Market Value
| KGSSF Stock | USD 0.09 0 1.68% |
| Symbol | Kingman |
Kingman 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 Kingman 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 Kingman Minerals.
| 01/18/2024 |
| 01/07/2026 |
If you would invest 0.00 in Kingman Minerals on January 18, 2024 and sell it all today you would earn a total of 0.00 from holding Kingman Minerals or generate 0.0% return on investment in Kingman Minerals over 720 days. Kingman Minerals Ltd., an exploration stage company, engages in the acquisition, exploration, and development of resourc... More
Kingman 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 Kingman 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 Kingman Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.47 | |||
| Information Ratio | 0.074 | |||
| Maximum Drawdown | 61.92 | |||
| Value At Risk | (14.62) | |||
| Potential Upside | 25.0 |
Kingman Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kingman Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kingman Minerals' standard deviation. In reality, there are many statistical measures that can use Kingman Minerals historical prices to predict the future Kingman Minerals' volatility.| Risk Adjusted Performance | 0.0701 | |||
| Jensen Alpha | 0.89 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | 0.0542 | |||
| Treynor Ratio | (3.63) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kingman Minerals' 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.
Kingman Minerals Backtested Returns
Kingman Minerals appears to be out of control, given 3 months investment horizon. Kingman Minerals has Sharpe Ratio of 0.0781, which conveys that the firm had a 0.0781 % return per unit of risk over the last 3 months. By analyzing Kingman Minerals' technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please exercise Kingman Minerals' Risk Adjusted Performance of 0.0701, downside deviation of 14.47, and Mean Deviation of 5.62 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kingman Minerals holds a performance score of 6. The company secures a Beta (Market Risk) of -0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kingman Minerals are expected to decrease at a much lower rate. During the bear market, Kingman Minerals is likely to outperform the market. Please check Kingman Minerals' maximum drawdown, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether Kingman Minerals' current price movements will revert.
Auto-correlation | 0.59 |
Modest predictability
Kingman Minerals has modest predictability. Overlapping area represents the amount of predictability between Kingman Minerals time series from 18th of January 2024 to 12th of January 2025 and 12th of January 2025 to 7th 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 Kingman Minerals price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Kingman Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kingman Minerals lagged returns against current returns
Autocorrelation, which is Kingman 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 Kingman Minerals' otc stock expected returns. We can calculate the autocorrelation of Kingman Minerals returns to help us make a trade decision. For example, suppose you find that Kingman 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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Kingman 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 Kingman Minerals otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kingman 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 Kingman Minerals otc stock over time.
Current vs Lagged Prices |
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Kingman Minerals Lagged Returns
When evaluating Kingman Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kingman Minerals otc stock have on its future price. Kingman 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, Kingman Minerals autocorrelation shows the relationship between Kingman Minerals otc stock current value and its past values and can show if there is a momentum factor associated with investing in Kingman Minerals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kingman OTC Stock
Kingman Minerals financial ratios help investors to determine whether Kingman 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 Kingman with respect to the benefits of owning Kingman Minerals security.