Black Mammoth Metals Stock Market Value
| LQRCF Stock | USD 0.94 0.09 8.74% |
| Symbol | Black |
Black Mammoth '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 Black Mammoth's pink sheet 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 Black Mammoth.
| 03/07/2024 |
| 03/02/2025 |
If you would invest 0.00 in Black Mammoth on March 7, 2024 and sell it all today you would earn a total of 0.00 from holding Black Mammoth Metals or generate 0.0% return on investment in Black Mammoth over 360 days. Black Mammoth is related to or competes with Kenorland Minerals, Altius Minerals, EMX Royalty, Ivanhoe Mines, Rio Tinto, Lithium Americas, and O3 Mining. Black Mammoth Metals Corporation, a natural resource company, engages in the acquisition and exploration of resource pro... More
Black Mammoth 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 Black Mammoth's pink sheet 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 Black Mammoth Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.45 | |||
| Information Ratio | 0.1584 | |||
| Maximum Drawdown | 24.23 | |||
| Value At Risk | (4.41) | |||
| Potential Upside | 11.24 |
Black Mammoth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Black Mammoth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Black Mammoth's standard deviation. In reality, there are many statistical measures that can use Black Mammoth historical prices to predict the future Black Mammoth's volatility.| Risk Adjusted Performance | 0.1225 | |||
| Jensen Alpha | 0.6244 | |||
| Total Risk Alpha | 0.7614 | |||
| Sortino Ratio | 0.1202 | |||
| Treynor Ratio | (1.84) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Black Mammoth'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.
Black Mammoth Metals Backtested Returns
Black Mammoth appears to be extremely dangerous, given 3 months investment horizon. Black Mammoth Metals secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15 % return per unit of standard deviation over the last 3 months. By analyzing Black Mammoth's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please makes use of Black Mammoth's mean deviation of 2.49, and Risk Adjusted Performance of 0.1225 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Black Mammoth holds a performance score of 12. The firm shows a Beta (market volatility) of -0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Black Mammoth are expected to decrease at a much lower rate. During the bear market, Black Mammoth is likely to outperform the market. Please check Black Mammoth's downside deviation, treynor ratio, expected short fall, as well as the relationship between the jensen alpha and potential upside , to make a quick decision on whether Black Mammoth's price patterns will revert.
Auto-correlation | 0.19 |
Very weak predictability
Black Mammoth Metals has very weak predictability. Overlapping area represents the amount of predictability between Black Mammoth time series from 7th of March 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd of March 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 Black Mammoth Metals price movement. The serial correlation of 0.19 indicates that over 19.0% of current Black Mammoth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Black Mammoth Metals lagged returns against current returns
Autocorrelation, which is Black Mammoth pink sheet'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 Black Mammoth's pink sheet expected returns. We can calculate the autocorrelation of Black Mammoth returns to help us make a trade decision. For example, suppose you find that Black Mammoth has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Black Mammoth 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 Black Mammoth pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Black Mammoth pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Black Mammoth pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Black Mammoth Lagged Returns
When evaluating Black Mammoth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Black Mammoth pink sheet have on its future price. Black Mammoth 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, Black Mammoth autocorrelation shows the relationship between Black Mammoth pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Black Mammoth Metals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Black Pink Sheet
Black Mammoth financial ratios help investors to determine whether Black Pink Sheet 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 Black with respect to the benefits of owning Black Mammoth security.