Mayfair Gold Corp Stock Market Value
| MFGCF Stock | USD 1.24 0.06 5.08% |
| Symbol | Mayfair |
Mayfair Gold '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 Mayfair Gold's 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 Mayfair Gold.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Mayfair Gold on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Mayfair Gold Corp or generate 0.0% return on investment in Mayfair Gold over 30 days. Mayfair Gold is related to or competes with Agnico Eagle, B2Gold Corp, Pan American, Gold Fields, IAMGold, Barrick Gold, and Wheaton Precious. Mayfair Gold Corp., an exploration-stage company, acquires, explores, evaluates, and develops mineral properties More
Mayfair Gold 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 Mayfair Gold's 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 Mayfair Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 16.62 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 4.1 |
Mayfair Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mayfair Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mayfair Gold's standard deviation. In reality, there are many statistical measures that can use Mayfair Gold historical prices to predict the future Mayfair Gold's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | 0.6116 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mayfair Gold'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.
Mayfair Gold Corp Backtested Returns
Mayfair Gold Corp has Sharpe Ratio of -0.15, which conveys that the firm had a -0.15 % return per unit of risk over the last 3 months. Mayfair Gold exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mayfair Gold's Standard Deviation of 2.83, mean deviation of 1.78, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.37, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Mayfair Gold are expected to decrease at a much lower rate. During the bear market, Mayfair Gold is likely to outperform the market. At this point, Mayfair Gold Corp has a negative expected return of -0.38%. Please make sure to verify Mayfair Gold's treynor ratio, day median price, and the relationship between the information ratio and kurtosis , to decide if Mayfair Gold Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Mayfair Gold Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Mayfair Gold time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 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 Mayfair Gold Corp price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Mayfair Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mayfair Gold Corp lagged returns against current returns
Autocorrelation, which is Mayfair Gold 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 Mayfair Gold's otc stock expected returns. We can calculate the autocorrelation of Mayfair Gold returns to help us make a trade decision. For example, suppose you find that Mayfair Gold 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 |
Mayfair Gold 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 Mayfair Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mayfair Gold otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mayfair Gold otc stock over time.
Current vs Lagged Prices |
| Timeline |
Mayfair Gold Lagged Returns
When evaluating Mayfair Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mayfair Gold otc stock have on its future price. Mayfair Gold 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, Mayfair Gold autocorrelation shows the relationship between Mayfair Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Mayfair Gold Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Mayfair OTC Stock
Mayfair Gold financial ratios help investors to determine whether Mayfair 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 Mayfair with respect to the benefits of owning Mayfair Gold security.