Mi Technovation Berhad Stock Market Value
| MITNF Stock | USD 0.57 0.00 0.00% |
| Symbol | MITNF |
Please note, there is a significant difference between Mi Technovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mi Technovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mi Technovation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Mi Technovation '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 Mi Technovation'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 Mi Technovation.
| 06/28/2025 |
| 12/25/2025 |
If you would invest 0.00 in Mi Technovation on June 28, 2025 and sell it all today you would earn a total of 0.00 from holding Mi Technovation Berhad or generate 0.0% return on investment in Mi Technovation over 180 days. Mi Technovation is related to or competes with Intact Financial, AmTrust Financial, AmTrust Financial, AmTrust Financial, Sydbank A/S, AmTrust Financial, and AmTrust Financial. More
Mi Technovation 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 Mi Technovation'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 Mi Technovation Berhad upside and downside potential and time the market with a certain degree of confidence.
Mi Technovation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mi Technovation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mi Technovation's standard deviation. In reality, there are many statistical measures that can use Mi Technovation historical prices to predict the future Mi Technovation's volatility.Mi Technovation Berhad Backtested Returns
We have found three technical indicators for Mi Technovation, which you can use to evaluate the volatility of the firm. The company owns a Beta (Systematic Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Mi Technovation are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Mi Technovation Berhad has no correlation between past and present. Overlapping area represents the amount of predictability between Mi Technovation time series from 28th of June 2025 to 26th of September 2025 and 26th of September 2025 to 25th of December 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 Mi Technovation Berhad price movement. The serial correlation of 0.0 indicates that just 0.0% of current Mi Technovation 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 |
Mi Technovation Berhad lagged returns against current returns
Autocorrelation, which is Mi Technovation 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 Mi Technovation's pink sheet expected returns. We can calculate the autocorrelation of Mi Technovation returns to help us make a trade decision. For example, suppose you find that Mi Technovation 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 |
Mi Technovation 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 Mi Technovation pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mi Technovation pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mi Technovation pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mi Technovation Lagged Returns
When evaluating Mi Technovation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mi Technovation pink sheet have on its future price. Mi Technovation 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, Mi Technovation autocorrelation shows the relationship between Mi Technovation pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mi Technovation Berhad.
Regressed Prices |
| Timeline |
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Other Information on Investing in MITNF Pink Sheet
Mi Technovation financial ratios help investors to determine whether MITNF 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 MITNF with respect to the benefits of owning Mi Technovation security.