Minco Capital Corp Stock Market Value
| MGHCF Stock | USD 0.08 0 3.13% |
| Symbol | Minco |
Minco Capital '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 Minco Capital'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 Minco Capital.
| 02/07/2023 |
| 01/22/2026 |
If you would invest 0.00 in Minco Capital on February 7, 2023 and sell it all today you would earn a total of 0.00 from holding Minco Capital Corp or generate 0.0% return on investment in Minco Capital over 1080 days. It invests in public and private companies and assets, as well as indirect and direct ownership stakes in resource proje... More
Minco Capital 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 Minco Capital'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 Minco Capital Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.01 | |||
| Information Ratio | 0.1069 | |||
| Maximum Drawdown | 89.29 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 25.0 |
Minco Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Minco Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Minco Capital's standard deviation. In reality, there are many statistical measures that can use Minco Capital historical prices to predict the future Minco Capital's volatility.| Risk Adjusted Performance | 0.0936 | |||
| Jensen Alpha | 2.03 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0903 | |||
| Treynor Ratio | (0.37) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Minco Capital'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.
Minco Capital Corp Backtested Returns
Minco Capital is out of control given 3 months investment horizon. Minco Capital Corp has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14 % return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.1% are justified by taking the suggested risk. Use Minco Capital Corp Mean Deviation of 8.26, risk adjusted performance of 0.0936, and Downside Deviation of 17.01 to evaluate company specific risk that cannot be diversified away. Minco Capital holds a performance score of 11 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -4.39, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Minco Capital are expected to decrease by larger amounts. On the other hand, during market turmoil, Minco Capital is expected to outperform it. Use Minco Capital Corp semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to analyze future returns on Minco Capital Corp.
Auto-correlation | -0.1 |
Very weak reverse predictability
Minco Capital Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between Minco Capital time series from 7th of February 2023 to 31st of July 2024 and 31st of July 2024 to 22nd 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 Minco Capital Corp price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Minco Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Minco Capital Corp lagged returns against current returns
Autocorrelation, which is Minco Capital 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 Minco Capital's otc stock expected returns. We can calculate the autocorrelation of Minco Capital returns to help us make a trade decision. For example, suppose you find that Minco Capital 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 |
Minco Capital 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 Minco Capital otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Minco Capital otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Minco Capital otc stock over time.
Current vs Lagged Prices |
| Timeline |
Minco Capital Lagged Returns
When evaluating Minco Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Minco Capital otc stock have on its future price. Minco Capital 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, Minco Capital autocorrelation shows the relationship between Minco Capital otc stock current value and its past values and can show if there is a momentum factor associated with investing in Minco Capital Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Minco OTC Stock
Minco Capital financial ratios help investors to determine whether Minco 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 Minco with respect to the benefits of owning Minco Capital security.