Mkango Resources' market value is the price at which a share of Mkango Resources trades on a public exchange. It measures the collective expectations of Mkango Resources investors about its performance. Mkango Resources is trading at 0.41 as of the 29th of December 2025. This is a 45.33 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.41. With this module, you can estimate the performance of a buy and hold strategy of Mkango Resources and determine expected loss or profit from investing in Mkango Resources over a given investment horizon. Check out Mkango Resources Correlation, Mkango Resources Volatility and Mkango Resources Alpha and Beta module to complement your research on Mkango Resources.
Please note, there is a significant difference between Mkango Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mkango Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mkango Resources' 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.
Mkango Resources '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 Mkango Resources' 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 Mkango Resources.
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11/29/2025
No Change 0.00
0.0
In 31 days
12/29/2025
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If you would invest 0.00 in Mkango Resources on November 29, 2025 and sell it all today you would earn a total of 0.00 from holding Mkango Resources or generate 0.0% return on investment in Mkango Resources over 30 days. Mkango Resources is related to or competes with Sovereign Metals, Syrah Resources, Aldebaran Resources, Lotus Resources, Osisko Metals, St Augustine, and Greenwing Resources. Mkango Resources Ltd., together with its subsidiaries, explores for and develops rare earth elements and associated mine... More
Mkango Resources 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 Mkango Resources' 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 Mkango Resources upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mkango Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mkango Resources' standard deviation. In reality, there are many statistical measures that can use Mkango Resources historical prices to predict the future Mkango Resources' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Mkango Resources. Your research has to be compared to or analyzed against Mkango Resources' peers to derive any actionable benefits. When done correctly, Mkango Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Mkango Resources.
Mkango Resources Backtested Returns
Mkango Resources is out of control given 3 months investment horizon. Mkango Resources has Sharpe Ratio of 0.0614, which conveys that the firm had a 0.0614 % return per unit of risk over the last 3 months. We were able to analyze and collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.52% are justified by taking the suggested risk. Use Mkango Resources Mean Deviation of 12.87, downside deviation of 19.76, and Risk Adjusted Performance of 0.0619 to evaluate company specific risk that cannot be diversified away. Mkango Resources holds a performance score of 4 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -3.22, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Mkango Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Mkango Resources is expected to outperform it. Use Mkango Resources potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to analyze future returns on Mkango Resources.
Auto-correlation
0.04
Virtually no predictability
Mkango Resources has virtually no predictability. Overlapping area represents the amount of predictability between Mkango Resources time series from 29th of November 2025 to 14th of December 2025 and 14th of December 2025 to 29th 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 Mkango Resources price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Mkango Resources price fluctuation can be explain by its past prices.
Correlation Coefficient
0.04
Spearman Rank Test
0.34
Residual Average
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Price Variance
0.01
Mkango Resources lagged returns against current returns
Autocorrelation, which is Mkango Resources 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 Mkango Resources' pink sheet expected returns. We can calculate the autocorrelation of Mkango Resources returns to help us make a trade decision. For example, suppose you find that Mkango Resources 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
Mkango Resources 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 Mkango Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mkango Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mkango Resources pink sheet over time.
Current vs Lagged Prices
Timeline
Mkango Resources Lagged Returns
When evaluating Mkango Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mkango Resources pink sheet have on its future price. Mkango Resources 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, Mkango Resources autocorrelation shows the relationship between Mkango Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mkango Resources.
Other Information on Investing in Mkango Pink Sheet
Mkango Resources financial ratios help investors to determine whether Mkango 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 Mkango with respect to the benefits of owning Mkango Resources security.