Makara Mining Corp Stock Market Value
| MAKAF Stock | USD 0.08 0 2.53% |
| Symbol | Makara |
Makara 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 Makara Mining'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 Makara Mining.
| 09/05/2024 |
| 03/04/2025 |
If you would invest 0.00 in Makara Mining on September 5, 2024 and sell it all today you would earn a total of 0.00 from holding Makara Mining Corp or generate 0.0% return on investment in Makara Mining over 180 days. Makara Mining is related to or competes with Liberty Gold, Cerrado Gold, Tudor Gold, Centerra Gold, Gold Fields, Eldorado Gold, and Osisko Gold. Makara Mining Corp., a mineral exploration company, focuses on the acquisition, exploration, and development of gold pro... More
Makara 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 Makara Mining'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 Makara Mining Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 30.17 | |||
| Information Ratio | 0.0991 | |||
| Maximum Drawdown | 86.19 | |||
| Value At Risk | (32.73) | |||
| Potential Upside | 35.14 |
Makara Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Makara Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Makara Mining's standard deviation. In reality, there are many statistical measures that can use Makara Mining historical prices to predict the future Makara Mining's volatility.| Risk Adjusted Performance | 0.0814 | |||
| Jensen Alpha | 1.46 | |||
| Total Risk Alpha | 2.99 | |||
| Sortino Ratio | 0.0557 | |||
| Treynor Ratio | (0.60) |
Makara Mining Corp Backtested Returns
Makara Mining is out of control given 3 months investment horizon. Makara Mining Corp has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13 % return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.09% are justified by taking the suggested risk. Use Makara Mining Corp Downside Deviation of 30.17, risk adjusted performance of 0.0814, and Mean Deviation of 9.9 to evaluate company specific risk that cannot be diversified away. Makara Mining holds a performance score of 10 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -2.7, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Makara Mining are expected to decrease by larger amounts. On the other hand, during market turmoil, Makara Mining is expected to outperform it. Use Makara Mining Corp downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness , to analyze future returns on Makara Mining Corp.
Auto-correlation | 0.12 |
Insignificant predictability
Makara Mining Corp has insignificant predictability. Overlapping area represents the amount of predictability between Makara Mining time series from 5th of September 2024 to 4th of December 2024 and 4th of December 2024 to 4th 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 Makara Mining Corp price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Makara Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Makara Mining Corp lagged returns against current returns
Autocorrelation, which is Makara Mining 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 Makara Mining's pink sheet expected returns. We can calculate the autocorrelation of Makara Mining returns to help us make a trade decision. For example, suppose you find that Makara Mining 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 |
Makara 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 Makara Mining pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Makara Mining pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Makara Mining pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Makara Mining Lagged Returns
When evaluating Makara Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Makara Mining pink sheet have on its future price. Makara 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, Makara Mining autocorrelation shows the relationship between Makara Mining pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Makara Mining Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Makara Pink Sheet
Makara Mining financial ratios help investors to determine whether Makara 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 Makara with respect to the benefits of owning Makara Mining security.