Lucky Minerals Stock Market Value
| LKMNF Stock | USD 0.01 0.00 0.00% |
| Symbol | Lucky |
Lucky 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 Lucky 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 Lucky Minerals.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Lucky Minerals on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Lucky Minerals or generate 0.0% return on investment in Lucky Minerals over 30 days. Lucky Minerals is related to or competes with NorthIsle Copper, Silver X, Vizsla Resources, Western Copper, Americas Silver, EMX Royalty, and Materion. Lucky Minerals Inc. engages in the acquisition, exploration, and evaluation of mineral properties More
Lucky 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 Lucky 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 Lucky Minerals upside and downside potential and time the market with a certain degree of confidence.
Lucky Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lucky Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lucky Minerals' standard deviation. In reality, there are many statistical measures that can use Lucky Minerals historical prices to predict the future Lucky Minerals' volatility.Lucky Minerals Backtested Returns
We have found three technical indicators for Lucky Minerals, 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 Lucky Minerals are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Lucky Minerals has no correlation between past and present. Overlapping area represents the amount of predictability between Lucky Minerals time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 Lucky Minerals price movement. The serial correlation of 0.0 indicates that just 0.0% of current Lucky Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lucky Minerals lagged returns against current returns
Autocorrelation, which is Lucky 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 Lucky Minerals' otc stock expected returns. We can calculate the autocorrelation of Lucky Minerals returns to help us make a trade decision. For example, suppose you find that Lucky 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 |
| Timeline |
Lucky 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 Lucky Minerals otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lucky 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 Lucky Minerals otc stock over time.
Current vs Lagged Prices |
| Timeline |
Lucky Minerals Lagged Returns
When evaluating Lucky Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lucky Minerals otc stock have on its future price. Lucky 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, Lucky Minerals autocorrelation shows the relationship between Lucky Minerals otc stock current value and its past values and can show if there is a momentum factor associated with investing in Lucky Minerals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Lucky OTC Stock
Lucky Minerals financial ratios help investors to determine whether Lucky 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 Lucky with respect to the benefits of owning Lucky Minerals security.